GDXU vs. COIN
Compare and contrast key facts about MicroSectors Gold Miners 3X Leveraged ETN (GDXU) and Coinbase Global, Inc. (COIN).
GDXU is a passively managed fund by BMO Financial Group that tracks the performance of the S-Network MicroSectors Gold Miners Index. It was launched on Dec 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDXU or COIN.
Correlation
The correlation between GDXU and COIN is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GDXU vs. COIN - Performance Comparison
Key characteristics
GDXU:
0.17
COIN:
1.28
GDXU:
0.92
COIN:
2.17
GDXU:
1.11
COIN:
1.24
GDXU:
0.17
COIN:
1.64
GDXU:
0.65
COIN:
5.04
GDXU:
25.16%
COIN:
21.88%
GDXU:
98.02%
COIN:
86.38%
GDXU:
-94.39%
COIN:
-90.90%
GDXU:
-89.18%
COIN:
-23.07%
Returns By Period
In the year-to-date period, GDXU achieves a 24.10% return, which is significantly higher than COIN's 10.72% return.
GDXU
24.10%
1.69%
-29.14%
34.38%
N/A
N/A
COIN
10.72%
-12.81%
10.37%
105.36%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GDXU vs. COIN — Risk-Adjusted Performance Rank
GDXU
COIN
GDXU vs. COIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors Gold Miners 3X Leveraged ETN (GDXU) and Coinbase Global, Inc. (COIN). 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
GDXU vs. COIN - Dividend Comparison
Neither GDXU nor COIN has paid dividends to shareholders.
Drawdowns
GDXU vs. COIN - Drawdown Comparison
The maximum GDXU drawdown since its inception was -94.39%, roughly equal to the maximum COIN drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for GDXU and COIN. For additional features, visit the drawdowns tool.
Volatility
GDXU vs. COIN - Volatility Comparison
MicroSectors Gold Miners 3X Leveraged ETN (GDXU) has a higher volatility of 26.81% compared to Coinbase Global, Inc. (COIN) at 20.66%. This indicates that GDXU's price experiences larger fluctuations and is considered to be riskier than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.