DUST - Direxion Daily Gold Miners Index Bear 2X ETF

These Direxion Daily Gold Miners Index ETFs aim to provide daily returns equivalent to either twice the performance of the MarketVector Global Gold Miners Index (for the Bull variant) or twice its inverse (for the Bear variant), prior to any costs or charges. However, there is no guarantee that these funds will successfully achieve their stated investment targets.

As of Jun 30, 2026: spot at $63.73, ATM IV 89.5%, max pain $50.00, net GEX $83.7K.

Sector
Financial Services
Industry
Asset Management - Leveraged
Market Cap
$120.1M
Beta
-0.60
52-Week Range
34.6-261.8
Dividend Yield
$2.77
IPO Date
Dec 8, 2010
Exchange
AMEX

What DUST Looks Like to Options Traders Today

IV rank of 60.8% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($83.7K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.008) is roughly flat across the wings.

What This Page Covers

The DUST overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked DUST overview questions

What is DUST?
DUST is the ticker symbol for Direxion Daily Gold Miners Index Bear 2X ETF, an listed exchange-traded fund. These Direxion Daily Gold Miners Index ETFs aim to provide daily returns equivalent to either twice the performance of the MarketVector Global Gold Miners Index (for the Bull variant) or twice its inverse (for the Bear variant), prior to any costs or charges. However, there is no guarantee that these funds will successfully achieve their stated investment targets. Listed on AMEX. DUST is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the DUST options snapshot look like today?
As of Jun 30, 2026, the DUST options snapshot shows spot at $63.73, ATM IV 89.5%, IV rank 60.8%, max pain $50.00, net GEX $83.7K, expected move 25.66%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are DUST's key statistics?
Direxion Daily Gold Miners Index Bear 2X ETF (DUST) carries a market capitalization of $120.1M, 52-week range of 34.6-261.8. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does DUST belong to?
Direxion Daily Gold Miners Index Bear 2X ETF operates in the Financial Services sector, in the Asset Management - Leveraged industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare DUST's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the DUST data on this page?
The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.