SHNYMicroSectors Gold 3X Leveraged ETN
Seeks to provide three times leveraged exposure to the performance of the SPDR Gold Shares.
By BMO Capital Markets · Launched 2023
Annual Cost
0.95%
#5,033 of 6,040 · expensive
Fund Size
$122M
#2,905 of 6,040 · mid-size
Return (1Y)
+0.7%
Track Record
3 years
#2,881 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$12,201+22.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
SPDR® Gold SharesGLD
100.0%
Asset allocation
Other
100.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
86.8%High
Year-on-year price swings
Max drawdown
-81.8%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.97Decent risk-adjusted returns
Sortino (3Y)
1.35Good downside protection
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to provide three times leveraged exposure to the performance of the SPDR Gold Shares.
- Strategy
- Links returns to a three times leveraged participation in the performance of the SPDR Gold Shares, compounded daily. The notes are designed for daily trading and are not intended to be held to maturity.
- Inception date
- February 21, 2023
- Fund family
- BMO Capital Markets
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Data updated on 2026-09-18