About Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST)

The Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST) is an exchange-traded fund (ETF) designed to provide investors with a way to profit from declining prices in the junior gold mining sector. This ETF seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the MVIS Global Junior Gold Miners Index. With a 3x leverage factor, JDST aims to provide triple the inverse return of the index on a daily basis.

Investors considering JDST should be aware of the risks involved. This ETF is designed for short-term trading and may not be suitable for long-term investors. The leveraged nature of JDST amplifies the potential for both gains and losses, making it a volatile investment option. Additionally, the inverse strategy employed by this ETF means that it is likely to perform poorly when the junior gold mining sector is experiencing positive returns.