GDXD vs. DUST
Compare and contrast key facts about MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) and Direxion Daily Gold Miners Bear 2X Shares (DUST).
GDXD and DUST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GDXD is a passively managed fund by BMO Financial Group that tracks the performance of the S-Network MicroSectors Gold Miners Index - Benchmark TR Gross (-300%). It was launched on Dec 2, 2020. DUST is a passively managed fund by Direxion that tracks the performance of the NYSE Arca Gold Miners Index (-300%). It was launched on Apr 1, 2020. Both GDXD and DUST are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDXD or DUST.
Correlation
The correlation between GDXD and DUST is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GDXD vs. DUST - Performance Comparison
Key characteristics
GDXD:
-0.85
DUST:
-1.00
GDXD:
-1.95
DUST:
-1.79
GDXD:
0.78
DUST:
0.80
GDXD:
-0.87
DUST:
-0.66
GDXD:
-1.66
DUST:
-1.93
GDXD:
51.94%
DUST:
34.37%
GDXD:
101.63%
DUST:
66.12%
GDXD:
-98.77%
DUST:
-100.00%
GDXD:
-98.71%
DUST:
-100.00%
Returns By Period
In the year-to-date period, GDXD achieves a -76.90% return, which is significantly lower than DUST's -59.26% return.
GDXD
-76.90%
-40.00%
-59.67%
-85.33%
N/A
N/A
DUST
-59.26%
-25.83%
-37.95%
-64.73%
-40.92%
-58.01%
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GDXD vs. DUST - Expense Ratio Comparison
GDXD has a 0.95% expense ratio, which is lower than DUST's 1.07% expense ratio.
Risk-Adjusted Performance
GDXD vs. DUST — Risk-Adjusted Performance Rank
GDXD
DUST
GDXD vs. DUST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) and Direxion Daily Gold Miners Bear 2X Shares (DUST). 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.
Dividends
GDXD vs. DUST - Dividend Comparison
GDXD has not paid dividends to shareholders, while DUST's dividend yield for the trailing twelve months is around 8.85%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
GDXD MicroSectors Gold Miners -3X Inverse Leveraged ETNs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DUST Direxion Daily Gold Miners Bear 2X Shares | 8.85% | 5.00% | 4.47% | 0.00% | 0.00% | 3.64% | 2.47% | 0.37% |
Drawdowns
GDXD vs. DUST - Drawdown Comparison
The maximum GDXD drawdown since its inception was -98.77%, roughly equal to the maximum DUST drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for GDXD and DUST. For additional features, visit the drawdowns tool.
Volatility
GDXD vs. DUST - Volatility Comparison
MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) has a higher volatility of 47.51% compared to Direxion Daily Gold Miners Bear 2X Shares (DUST) at 30.56%. This indicates that GDXD's price experiences larger fluctuations and is considered to be riskier than DUST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.