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GDXDMicroSectors Gold Miners -3X Inverse Leveraged ETNs

Take a bet5y track recordRanked #131 of 995 in this goal

Seeks daily investment results that correspond to -3X the daily performance of the S-Network MicroSectors Gold Miners Index.

By BMO Capital Markets · Launched 2020

Annual Cost

0.95%

#5,033 of 6,040 · expensive

Fund Size

$121M

#2,912 of 6,040 · mid-size

Return (1Y)

-92.7%

Track Record

5 years

#2,217 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$719-92.8%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Strategy

Inverse

Sector

Materials

Focus

Gold

Index tracked

S-Network MicroSectors Gold Miners Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

VanEck Gold Miners ETFGDX
76.3%
VanEck Junior Gold Miners ETFGDXJ
23.7%

Asset allocation

Stocks
100.0%
Cash
0.0%

By sector

Basic Materials
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
154.6%High

Year-on-year price swings

Max drawdown
-100.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-1.24Below average
Sortino (3Y)
-1.70Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to -3X the daily performance of the S-Network MicroSectors Gold Miners Index.
Strategy
The MicroSectors Gold Miners -3X Inverse Leveraged ETN is designed to provide -3X the daily return of the S-Network MicroSectors Gold Miners Index. It is intended for sophisticated investors as a daily trading tool, not a buy-and-hold investment.
Inception date
December 2, 2020
Fund family
BMO Capital Markets

Next steps

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Data updated on 2026-09-18