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MicroSectors Gold Miners -3X Inverse Leveraged ETN...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US0636796411

CUSIP

063679641

Inception Date

Dec 2, 2020

Region

Global (Broad)

Leveraged

3x

Index Tracked

S-Network MicroSectors Gold Miners Index - Benchmark TR Gross (-300%)

Asset Class

Equity

Expense Ratio

GDXD has a high expense ratio of 0.95%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) returned -74.04% year-to-date (YTD) and -77.12% over the past 12 months.


GDXD

YTD

-74.04%

1M

12.37%

6M

-68.97%

1Y

-77.12%

3Y*

-67.51%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

1.39%

1M

12.89%

6M

1.19%

1Y

12.45%

3Y*

15.19%

5Y*

14.95%

10Y*

10.86%

*Annualized

Monthly Returns

The table below presents the monthly returns of GDXD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-35.59%-7.61%-38.63%-29.55%0.91%-74.04%
202432.27%14.53%-45.37%-18.15%-23.02%10.06%-29.53%-7.06%-15.60%-10.02%17.69%25.66%-57.78%
2023-30.63%52.79%-43.63%-10.81%22.91%7.17%-17.22%18.18%29.40%-14.27%-33.74%-5.58%-52.35%
202211.36%-36.00%-31.41%22.78%22.08%44.68%-0.21%29.26%-13.19%-9.10%-53.04%-6.37%-52.56%
20216.79%24.26%-12.10%-19.66%-37.45%48.97%-7.89%15.12%32.45%-25.77%-2.76%-9.28%-19.71%
2020-13.30%-13.30%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of GDXD is 1, meaning it’s performing worse than 99% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of GDXD is 11
Overall Rank
The Sharpe Ratio Rank of GDXD is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of GDXD is 11
Sortino Ratio Rank
The Omega Ratio Rank of GDXD is 11
Omega Ratio Rank
The Calmar Ratio Rank of GDXD is 00
Calmar Ratio Rank
The Martin Ratio Rank of GDXD is 11
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

MicroSectors Gold Miners -3X Inverse Leveraged ETNs Sharpe ratios as of May 20, 2025 (values are recalculated daily):

  • 1-Year: -0.73
  • All Time: -0.59

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of MicroSectors Gold Miners -3X Inverse Leveraged ETNs compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History


MicroSectors Gold Miners -3X Inverse Leveraged ETNs doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the MicroSectors Gold Miners -3X Inverse Leveraged ETNs. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the MicroSectors Gold Miners -3X Inverse Leveraged ETNs was 98.77%, occurring on Apr 16, 2025. The portfolio has not yet recovered.

The current MicroSectors Gold Miners -3X Inverse Leveraged ETNs drawdown is 98.55%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-98.77%Mar 2, 20211038Apr 16, 2025
-37.91%Dec 15, 202014Jan 5, 202136Feb 26, 202150
-10.85%Dec 7, 20201Dec 7, 20204Dec 11, 20205

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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