Ultra Junior ETF GDJJ
I was not aware of this Ultra Junior ETF until today. It’s up a mind boggling +416% in the past 200 days as compared with GDXJ +159% It is thinly traded big bid ask. Anyone know more about it?
It’s performance is right up there with the 3x leveraged ETFS!
GDJJ +416%
NUGT +490%
JNUG 738%
Actually it is leveraged 2X
Looks like everybody went down to the bunker today GT
Just you and me there
Never heard of this one…400% is likely a 2Xer
I bet JNUG is up 600%
No it’s not leveraged Just Juniors.
Now I’m Impressed
Do you mean GDJJ? ( I can’t find a ticker symbol JDJJ ) GDJJ is ProShares Ultra Junior Miners. It is 2X levered
ProShares Ultra Junior Miners seeks daily investment results, before fees and expenses, that track two times (2x) the daily performance of the MVIS™ Global Junior Gold Miners Index.
Yes I just found out too it’s 2X leverage
Sorry right GDJJ
Wow…nice find!!!
adding it to the list of what I follow.
GDJJ is the 2x long juniors.
GDJS is the 2x short juniors.
GDJS down 90%
Yes these are 2x leveraged and easier to play
I use HGD and HGU Canadians
These US Listeds are Not liquid but the bid ask isn’t too bad
Thanks Swanmex for straightening this out
Is there a way to post attachments/charts in a reply?
Looks like GDJJ is mostly paper?
Holdings:
Company Name % Assets
Vaneck Vectors Junior Gold Miners (Gdxj) Swap Deutsche Bank Ag 101.23%
VanEck Vectors Junior Gold Miners ETF 50.25%
Vaneck Vectors Junior Gold Miners (Gdxj) Swap Bank Of America Na 31.45%
Vaneck Vectors Junior Gold Miners (Gdxj) Swap Ubs Ag 10.44%
Vaneck Vectors Junior Gold Miners (Gdxj) Swap Goldman Sachs International 4.10%
Vaneck Vectors Junior Gold Miners (Gdxj) Swap Goldman Sachs International – 4.10%
Vaneck Vectors Junior Gold Miners (Gdxj) Swap Societe Generale 1.69%
Vaneck Vectors Junior Gold Miners (Gdxj) Swap Morgan Stanley & Co. Internat 0.88%