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BetaPro Gold Bullion 2x Daily Bull ETF (GLDU.TO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Global X
Inception Date
Jan 22, 2008
Leveraged
2x
Index Tracked
Solactive Gold Front Month MD Rolling Futures Index
Distribution Policy
Accumulating
Asset Class
Commodity

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in BetaPro Gold Bullion 2x Daily Bull ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Different Benchmark Currency

GLDU.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.

Returns By Period

BetaPro Gold Bullion 2x Daily Bull ETF (GLDU.TO) has returned 9.50% so far this year and 82.43% over the past 12 months. Looking at the last ten years, GLDU.TO has achieved an annualized return of 17.13%, outperforming the S&P 500 Index benchmark, which averaged 12.91% per year.


BetaPro Gold Bullion 2x Daily Bull ETF

1D
7.51%
1M
-22.65%
YTD
9.50%
6M
30.74%
1Y
82.43%
3Y*
52.61%
5Y*
31.17%
10Y*
17.13%

Benchmark (S&P 500 Index)

1D
2.80%
1M
-3.22%
YTD
-3.34%
6M
-2.48%
1Y
12.46%
3Y*
17.80%
5Y*
12.48%
10Y*
12.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 23, 2008, GLDU.TO's average daily return is +0.06%, while the average monthly return is +1.15%. At this rate, your investment would double in approximately 5.1 years.

Historically, 51% of months were positive and 49% were negative. The best month was Nov 2009 with a return of +25.9%, while the worst month was Oct 2008 at -32.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 7 months.

On a daily basis, GLDU.TO closed higher 51% of trading days. The best single day was Sep 17, 2008 with a return of +23.6%, while the worst single day was Jan 30, 2026 at -20.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202621.75%16.28%-22.65%9.50%
202512.84%2.12%19.12%8.31%-1.81%-0.25%-2.13%10.26%21.88%5.30%10.18%2.90%128.66%
2024-3.65%0.18%16.45%5.51%2.08%-1.54%9.62%3.25%9.44%7.94%-7.88%-3.12%42.19%
202310.87%-10.75%14.67%0.85%-3.53%-5.31%3.96%-3.63%-10.10%14.10%4.12%1.29%13.27%
2022-4.16%12.31%2.18%-4.97%-6.80%-4.01%-5.57%-6.48%-5.04%-5.42%16.02%4.84%-9.80%
2021-6.56%-12.61%-3.20%6.60%16.55%-15.11%4.20%-0.86%-6.67%2.88%-1.89%5.97%-14.02%

Benchmark Metrics

BetaPro Gold Bullion 2x Daily Bull ETF has an annualized alpha of 19.10%, beta of -0.15, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 24, 2008.

  • This ETF captured 11.19% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -77.68%) — a profile typical of hedging or uncorrelated assets.
  • Beta of -0.15 may look defensive, but with R² of 0.00 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.00 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
19.10%
Beta
-0.15
0.00
Upside Capture
11.19%
Downside Capture
-77.68%

Expense Ratio

GLDU.TO has a high expense ratio of 1.15%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

GLDU.TO ranks 75 for risk / return — better than 75% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


GLDU.TO Risk / Return Rank: 7575
Overall Rank
GLDU.TO Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
GLDU.TO Sortino Ratio Rank: 7474
Sortino Ratio Rank
GLDU.TO Omega Ratio Rank: 7373
Omega Ratio Rank
GLDU.TO Calmar Ratio Rank: 8080
Calmar Ratio Rank
GLDU.TO Martin Ratio Rank: 7272
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for BetaPro Gold Bullion 2x Daily Bull ETF (GLDU.TO) and compare them to a chosen benchmark (S&P 500 Index).


GLDU.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.50

0.69

+0.81

Sortino ratio

Return per unit of downside risk

1.91

1.06

+0.86

Omega ratio

Gain probability vs. loss probability

1.28

1.17

+0.11

Calmar ratio

Return relative to maximum drawdown

2.29

1.14

+1.15

Martin ratio

Return relative to average drawdown

7.72

4.22

+3.51

Explore GLDU.TO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


BetaPro Gold Bullion 2x Daily Bull ETF 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 BetaPro Gold Bullion 2x Daily Bull ETF. 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 BetaPro Gold Bullion 2x Daily Bull ETF was 77.99%, occurring on Dec 17, 2015. Recovery took 2448 trading sessions.

The current BetaPro Gold Bullion 2x Daily Bull ETF drawdown is 28.76%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-77.99%Aug 23, 20111086Dec 17, 20152448Sep 22, 20253534
-56.26%Mar 18, 2008166Nov 12, 2008258Nov 23, 2009424
-38.13%Jan 30, 202639Mar 26, 2026
-25.15%Dec 3, 200945Feb 8, 201065May 12, 2010110
-19.72%Oct 21, 202511Nov 4, 202534Dec 22, 202545

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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