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GDXUMicroSectors Gold Miners 3X Leveraged ETNs

Take a bet5y track recordRanked #60 of 995 in this goal

Seeks daily investment results that correspond to 3X the 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

$1.4B

#966 of 6,040 · large

Return (1Y)

-7.0%

Track Record

5 years

#2,217 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$9,516-4.8%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Strategy

Leveraged

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
76.2%
VanEck Junior Gold Miners ETFGDXJ
23.8%

Asset allocation

Stocks
100.0%

By sector

Basic Materials
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
155.2%High

Year-on-year price swings

Max drawdown
-94.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)
1.02Strong risk-adjusted returns
Sortino (3Y)
1.47Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to 3X the performance of the S-Network MicroSectors Gold Miners Index.
Strategy
Invests in a leveraged manner to achieve 3X daily returns based on the S-Network MicroSectors Gold Miners Index, which tracks the performance of major gold mining ETFs. Designed for sophisticated investors as a daily trading tool.
Inception date
December 2, 2020
Fund family
BMO Capital Markets

Next steps

Save GDXU to compare it with other funds, or start building a portfolio.

Data updated on 2026-09-18