Fundology

ETF · Direxion

0IBL Direxion Daily Gold Miners Index Bear 2X ETF

ISIN US25461A1896London Stock Exchange: 0IBLRafferty Asset Management LLC

Latest close

LSE

$41.66

on

Ongoing charge
0.94% a year
Fund size
£58.9m

Source: TradingView, as of , at least 15 min delayed

At a glance

As of 07/10/2026, 0IBL (Direxion Daily Gold Miners Index Bear 2X ETF, ISIN US25461A1896) closed at $41.66 on the London Stock Exchange. Its ongoing charge is 0.94% a year (about £94 on £10,000). Over the five years to 07/10/2026 its total return was −98.1%, or −98.5% after UK CPIH inflation.

Past returns

Total return: the change in the fund’s value with any income reinvested, after its ongoing charges. Periods to .
5 years to 07/10/2026
−98.1%
−98.5% after inflation

£1,000 put in five years ago would have been worth about £19 on 07/10/2026 — about £15 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.

Volatility and the largest fall need a longer record of this fund’s prices than we hold so far. They appear on this page once we do.

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH

Charges compared with similar funds

The ongoing charge is taken from the fund’s value every day, so the returns on this page are already after it. Platform and dealing fees are charged separately.
Ongoing charge
0.94%
a year
On £10,000
£94
a year, roughly
Over five years
£461
of £10,000, before growth
Among 262 leveraged and inverse products, share classes counted once
  • 108 charge less
  • 0 the same
  • 153 charge more

Ongoing charge of Direxion Daily Gold Miners Index Bear 2X ETF 0.94% a year, as of 07/10/2026: 153 of the 261 other leveraged and inverse products charge more, 0 the same and 108 less (share classes counted once).

Source: Fund ongoing charges via TradingView, as of

A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.

Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up

In plain English

Direxion Daily Gold Miners Index Bear 2X ETF is an exchange-traded fund (ETF) from Direxion, launched in 2010.

It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return.

You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.

Its ongoing charge is 0.94% a year — about £94 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Income from its investments is paid out to holders as cash, usually a few times a year.

Leveraged & inverse: Products that multiply or reverse a single day’s move — for example three times the daily change of an index.

Terms:ETFIndex fundAccumulating or incomeLeveraged ETPsShare classISIN

Key facts

Ticker
0IBL
ISIN
US25461A1896
Provider
Direxion
Tracks
MarketVector Global Gold Miners Index
Structure
ETF
An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
Income
Distributing, paid quarterly
Income is paid out to holders as cash, usually a few times a year.
Ongoing charge
0.94% a year · about £94 on £10,000
Fund size
£58.9m
Launched
Domicile
United States
Currency hedged
No
Price currency
USD

Price chart

Closing price
$41.66−31.5% since 28/07/2026 · closing price
0IBL closing price: $60.79 on 28/07/2026, $41.66 on 07/10/2026 (−31.5%); low $30.43, high $60.79.

Since 28/07/2026, the closing price went from $60.79 on 28/07/2026 to $41.66 on 07/10/2026 (−31.5%). The lowest close shown was $30.43 on 24/08/2026 and the highest $60.79 on 28/07/2026.

Chart: closing prices we have recorded since 28/07/2026. Price only — income paid out is not included, so the line can end below the total return above.

Source: TradingView, as of , at least 15 min delayed

Five years of prices, and after inflation

7 weekly closes, from 28/07/2026 to 07/10/2026. The same history in October 2026 pounds, adjusted with ONS CPIH inflation.

Create a free account to see the 5-year price chart and the after-inflation chart

Sign-up takes an email address. There is no card to enter and nothing to pay.

How we work it out:Prices and returnsNAV and price

Questions people ask

What is the ongoing charge of 0IBL?

The ongoing charge of 0IBL is 0.94% a year — about £94 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Direxion Daily Gold Miners Index Bear 2X ETF 0.94% a year, as of 07/10/2026: 153 of the 261 other leveraged and inverse products charge more, 0 the same and 108 less (share classes counted once).

What does 0IBL track?

0IBL tracks the MarketVector Global Gold Miners Index.

Is 0IBL accumulating or distributing?

0IBL is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

What is the ISIN of 0IBL?

The ISIN of 0IBL is US25461A1896. An ISIN identifies one exact share class of a fund; 0IBL is its ticker on the London Stock Exchange.

How has 0IBL done after inflation?

Over the five years to 07/10/2026 0IBL’s total return was −98.1%, or −98.5% after UK CPIH inflation. Past performance is not a guide to future returns.

Similar funds

More leveraged and inverse products, largest first. Size is a fact, not a verdict.

Sources and dates

Prices
London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
Returns
TradingView reported returns (net asset value with income reinvested where available)
Inflation
ONS CPIH, latest month published
Charges
The fund’s ongoing charges figure, via TradingView
Identity
FCA Financial Instruments Reference Data System (FIRDS) and the issuer
Fund size
TradingView, converted to pounds at the latest ECB reference rate

Methodology:Data sourcesReturnsCategoriesAll methods

A machine-readable copy of this page: Markdown.