AREC vs. GDXU
AREC (American Resources Corporation) is a stock, while GDXU (MicroSectors Gold Miners 3X Leveraged ETNs due June 29, 2040) is Leveraged Equities fund tracking the S-Network MicroSectors Gold Miners Index. Over the past 5 years, AREC returned -5.57%/yr vs -14.73%/yr for GDXU. At a 0.21 correlation, their price movements are largely independent.
Performance
AREC vs. GDXU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AREC achieves a -13.71% return, which is significantly higher than GDXU's -56.00% return.
AREC
- 1D
- -1.38%
- 1M
- -8.15%
- YTD
- -13.71%
- 6M
- -16.73%
- 1Y
- 174.01%
- 3Y*
- 6.33%
- 5Y*
- -5.57%
- 10Y*
- —
GDXU
- 1D
- 8.84%
- 1M
- -50.11%
- YTD
- -56.00%
- 6M
- -55.92%
- 1Y
- 30.95%
- 3Y*
- 37.87%
- 5Y*
- -14.73%
- 10Y*
- —
AREC vs. GDXU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AREC American Resources Corporation | -13.71% | 145.54% | -32.21% | 12.88% | -26.67% | -7.69% | 10.80% |
GDXU MicroSectors Gold Miners 3X Leveraged ETNs due June 29, 2040 | -56.00% | 796.47% | -18.60% | -21.36% | -62.82% | -54.93% | 4.32% |
Correlation
The correlation between AREC and GDXU is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2020 | 0.21 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AREC vs. GDXU — Risk / Return Rank
AREC
GDXU
AREC vs. GDXU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Resources Corporation (AREC) and MicroSectors Gold Miners 3X Leveraged ETNs due June 29, 2040 (GDXU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AREC | GDXU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.08 | ||
| Sortino ratioReturn per unit of downside risk | +1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.18 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | 0.37 | +2.08 |
| Martin ratioReturn relative to average drawdown | 3.66 | 0.80 | +2.86 |
Loading charts...
Drawdowns
AREC vs. GDXU - Drawdown Comparison
The maximum AREC drawdown since its inception was -97.12%, roughly equal to the maximum GDXU drawdown of -94.39%. Use the drawdown chart below to compare losses from any high point for AREC and GDXU.
Loading charts...
Drawdown Indicators
| AREC | GDXU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.12% | -94.39% | -2.73% |
Max Drawdown (1Y)Largest decline over 1 year | -71.51% | -83.97% | +12.46% |
Max Drawdown (3Y)Largest decline over 3 years | -80.42% | -83.97% | +3.55% |
Max Drawdown (5Y)Largest decline over 5 years | -88.07% | -92.44% | +4.37% |
Current DrawdownCurrent decline from peak | -84.71% | -79.58% | -5.13% |
Average DrawdownAverage peak-to-trough decline | -79.71% | -69.77% | -9.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 47.72% | 38.59% | +9.13% |
Volatility
AREC vs. GDXU - Volatility Comparison
The current volatility for American Resources Corporation (AREC) is 31.24%, while MicroSectors Gold Miners 3X Leveraged ETNs due June 29, 2040 (GDXU) has a volatility of 54.28%. This indicates that AREC experiences smaller price fluctuations and is considered to be less risky than GDXU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AREC | GDXU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.24% | 54.28% | -23.04% |
Volatility (6M)Calculated over the trailing 6-month period | 73.00% | 123.72% | -50.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 134.65% | 142.00% | -7.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 107.04% | 111.92% | -4.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 737.25% | 110.82% | +626.43% |
Dividends
AREC vs. GDXU - Dividend Comparison
Neither AREC nor GDXU has paid dividends to shareholders.
Frequently Asked Questions
AREC and GDXU have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GDXU has higher volatility (54.28%) compared to AREC (31.24%). In terms of maximum drawdown, AREC dropped -97.12% vs GDXU's -94.39%.
AREC currently has the higher Sharpe Ratio (1.30 vs 0.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AREC and GDXU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer