Direxion Daily Gold Miners Index Bear 2X ETF drawdown: 100.0% below the all-time high (price)
Direxion Daily Gold Miners Index Bear 2X ETF is 100.0% below its all-time high, set Jun 26, 2013 (as of market close, Oct 27, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −100.0%
- 0.0% of ATH
- All-time high
- $10,356,200
- Jun 26, 2013
- Time below the high
- 13.3 yrs
- since Jun 26, 2013
- Worst-ever drawdown
- −100.0%
- Aug 25, 2026
- Longest underwater
- 13.3 yrs
- between all-time highs
- Today's level first reached
- Dec 8, 2010
- 15.9 yrs ago
- Last time this deep
- never before
- no prior −100.0% episode
% of all-time high since 2010: price#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Jun 26, 2013 | Aug 25, 2026 | −100.0% | 13.2 yrs | not yet | 13.3 yrs+ |
| May 15, 2012 | Sep 21, 2012 | −70.6% | 4 mo | Apr 12, 2013 | 11 mo |
| Jan 25, 2011 | Feb 28, 2012 | −47.1% | 13 mo | Apr 23, 2012 | 15 mo |
| May 17, 2013 | Jun 6, 2013 | −39.2% | 20 days | Jun 20, 2013 | 34 days |
| Apr 17, 2013 | May 8, 2013 | −32.3% | 21 days | May 17, 2013 | 30 days |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2010: how far Direxion Daily Gold Miners Index Bear 2X ETF stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Direxion Daily Gold Miners Index Bear 2X ETF from its all-time high?
- Direxion Daily Gold Miners Index Bear 2X ETF is currently 100.0% below its all-time high, set Jun 26, 2013 (as of market close, Oct 27, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Direxion Daily Gold Miners Index Bear 2X ETF drawdown ever?
- The deepest decline on record in our data (since 2010) took Direxion Daily Gold Miners Index Bear 2X ETF 100.0% below its prior high, bottoming Aug 25, 2026. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from DUST; no free deep history exists for Direxion Daily Gold Miners Index Bear 2X ETF — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.