Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MicroSectors Gold 3X Leveraged ETN, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
MicroSectors Gold 3X Leveraged ETN (SHNY) has returned 6.21% so far this year and 111.33% over the past 12 months.
MicroSectors Gold 3X Leveraged ETN
- 1D
- 11.13%
- 1M
- -33.49%
- YTD
- 6.21%
- 6M
- 33.01%
- 1Y
- 111.33%
- 3Y*
- 66.83%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Feb 22, 2023, SHNY's average daily return is +0.29%, while the average monthly return is +5.60%. At this rate, your investment would double in approximately 1.1 years.
Historically, 63% of months were positive and 37% were negative. The best month was Sep 2025 with a return of +36.5%, while the worst month was Mar 2026 at -33.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SHNY closed higher 54% of trading days. The best single day was Feb 3, 2026 with a return of +18.2%, while the worst single day was Jan 30, 2026 at -30.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 31.74% | 21.22% | -33.49% | 6.21% | |||||||||
| 2025 | 19.30% | 3.19% | 28.41% | 12.70% | -3.65% | -1.30% | -3.99% | 13.10% | 36.53% | 5.75% | 14.17% | 3.73% | 214.54% |
| 2024 | -6.38% | -0.79% | 25.42% | 6.33% | 1.92% | -2.91% | 13.75% | 3.74% | 13.49% | 11.04% | -11.91% | -6.38% | 50.30% |
| 2023 | -0.06% | 21.74% | 0.58% | -6.36% | -8.56% | 4.67% | -5.81% | -15.40% | 20.52% | 5.30% | 1.46% | 12.52% |
Benchmark Metrics
MicroSectors Gold 3X Leveraged ETN has an annualized alpha of 96.41%, beta of 0.35, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since February 23, 2023.
- This ETF captured 212.34% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -117.22%) — a profile typical of hedging or uncorrelated assets.
- Beta of 0.35 may look defensive, but with R² of 0.01 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 0.01 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
- 96.41%
- Beta
- 0.35
- R²
- 0.01
- Upside Capture
- 212.34%
- Downside Capture
- -117.22%
Expense Ratio
SHNY has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SHNY ranks 72 for risk / return — better than 72% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for MicroSectors Gold 3X Leveraged ETN (SHNY) and compare them to a chosen benchmark (S&P 500 Index).
| SHNY | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.36 | 0.90 | +0.46 |
Sortino ratioReturn per unit of downside risk | 1.85 | 1.39 | +0.46 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.21 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.22 | 1.40 | +0.82 |
Martin ratioReturn relative to average drawdown | 6.73 | 6.61 | +0.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore SHNY risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
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.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the MicroSectors Gold 3X Leveraged ETN. 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 3X Leveraged ETN was 54.35%, occurring on Mar 26, 2026. The portfolio has not yet recovered.
The current MicroSectors Gold 3X Leveraged ETN drawdown is 44.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.35% | Jan 30, 2026 | 39 | Mar 26, 2026 | — | — | — |
| -37.84% | Apr 14, 2023 | 121 | Oct 5, 2023 | 121 | Apr 1, 2024 | 242 |
| -29.4% | Oct 21, 2025 | 11 | Nov 4, 2025 | 34 | Dec 23, 2025 | 45 |
| -23.68% | Oct 31, 2024 | 12 | Nov 15, 2024 | 56 | Feb 10, 2025 | 68 |
| -22.33% | Apr 22, 2025 | 17 | May 14, 2025 | 78 | Sep 5, 2025 | 95 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...