MicroSectors Gold Miners 3X Leveraged ETNs

10-Year Study

GDXU.US · · US · ETF

Executive Summary: MicroSectors Gold Miners 3X Leveraged ETNs has compounded at -1.0% annually over the last 10 years, with a maximum drawdown of 92.8% and an annualized volatility of 111.3%.

1Y CAGR
+285.2%
3Y CAGR
+81.8%
5Y CAGR
-1.6%
10Y CAGR
-1.0%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
92.8%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.59
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.39
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
108.6%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +796.5%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -62.8%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
17%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202616.669.0-58.019.2————————-1.5%
202544.20.951.210.55.44.4-8.777.673.7-24.945.58.9796.5%
2024-30.4-19.666.48.519.8-17.030.9-0.36.83.6-23.0-27.2-18.6%
202330.6-38.253.25.9-24.6-12.09.1-20.5-26.17.536.4-3.7-21.4%
2022-21.340.431.5-26.5-30.7-42.0-10.0-29.9-5.2-5.458.0-3.3-62.8%
2021-17.6-29.85.713.647.8-38.31.6-21.3-29.326.8-1.71.1-54.9%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 111.3%. The dominant macroeconomic risk driver is GLD.US, accounting for 44.4% of variance. Idiosyncratic stock-specific factors contribute 12.5%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2020-12-0110000
2021-01-018239.93685872139
2021-02-015781.373322809786
2021-03-016108.918705603789
2021-04-016941.594317284925
2021-05-0110260.45777426993
2021-06-016333.859510655091
2021-07-016432.51775848461
2021-08-015059.194948697711
2021-09-013579.3212312549326
2021-10-014538.279400157853
2021-11-014459.352801894238
2021-12-014506.708640419975
2022-01-013547.7505919494874
2022-02-014980.268350434096
2022-03-016546.961325966851
2022-04-014814.522494080505
2022-05-013338.595106550907
2022-06-011937.6479873717442
2022-07-011744.277821625888
2022-08-011223.36227308603
2022-09-011160.220994475138
2022-10-011097.4743488555644
2022-11-011733.6227308603
2022-12-011675.611681136543
2023-01-012187.845303867403
2023-02-011352.8018942383583
2023-03-012072.6124704025256
2023-04-012194.5540647198104
2023-05-011655.0907655880033
2023-06-011456.5903709550116
2023-07-011588.7924230465667
2023-08-011263.2202052091554
2023-09-01933.3070244672454
2023-10-011003.5516969218626
2023-11-011368.9818468823992
2023-12-011317.6795580110497
2024-01-01917.5217048145224
2024-02-01737.5690607734807
2024-03-011227.3086029992107
2024-04-011331.097079715864
2024-05-011594.3172849250195
2024-06-011323.5990528808209
2024-07-011732.8334648776636
2024-08-011728.097868981847
2024-09-011846.093133385951
2024-10-011911.9968429360695
2024-11-011472.375690607735
2024-12-011072.6124704025256
2025-01-011546.1720599842147
2025-02-011559.9842146803471
2025-03-012358.3267561168113
2025-04-012606.945540647198
2025-05-012749.0134175217045
2025-06-012868.9818468823996
2025-07-012620.363062352013
2025-08-014654.696132596685
2025-09-018085.2407261247035
2025-10-016071.428571428571
2025-11-018833.070244672455
2025-12-019615.627466456195
2026-01-0111210.339384372533
2026-02-0118944.75138121547
2026-03-017947.513812154695
2026-04-019470.007892659827
Annual Return Matrix
YearAnnual Return
2021-0.5493291359580024
2022-0.6281961371746467
2023-0.21361281205840787
2024-0.18598382749326148
20257.964679911699779
2026-0.015144053188869688
Total Factor Risk
1.1133043841139978
VTI.US Exposure
0.1283188282070159
VEA.US Exposure
0.21726510056661627
VWO.US Exposure
-0.028274950311178364
QQQ.US Exposure
-0.02933115902273933
VTV.US Exposure
-0.03673096399919737
IJR.US Exposure
-0.009579176306312815
QUAL.US Exposure
-0.03234395861248198
SHV.US Exposure
0.15864806270609488
TLT.US Exposure
-0.0002971844188497867
LQD.US Exposure
-0.011199275884082045
HYG.US Exposure
-0.015164950440165598
GLD.US Exposure
0.4440974504787469
USO.US Exposure
0.005170140856604371
VNQ.US Exposure
-0.007437876426058629
BTC-USD.CC Exposure
0.022934404313266366
CPER.US Exposure
0.029478646529734507
VIX.INDX Exposure
0.009206394931033424
UUP.US Exposure
-0.0030973723832188674
TIP.US Exposure
0.03317990450446114
Idiosyncratic Exposure
0.1251579347107109
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
111.3%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-15.4%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+14.1%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
54.3% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
2.64
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is MicroSectors Gold Miners 3X Leveraged ETNs a high-risk investment?

MicroSectors Gold Miners 3X Leveraged ETNs (GDXU.US) has an annualized volatility of 111.3% and experienced a maximum drawdown of 92.8% over the last 10 years. Its primary macro risk driver is GLD.US.

What is the 10-year return of GDXU.US?

Over the past 10 years, GDXU.US has generated a Compound Annual Growth Rate (CAGR) of -1.0%. It has had a positive return in 17% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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