GDXU vs. INTW

Last updated Jun 25, 2026

GDXU (MicroSectors Gold Miners 3X Leveraged ETNs due June 29, 2040) and INTW (GraniteShares 2x Long INTC Daily ETF) are both Leveraged Equities funds. GDXU is passively managed, while INTW is actively managed. Over the past year, GDXU returned 14.54% vs 1708.42% for INTW. At a 0.12 correlation, their price movements are largely independent. GDXU charges 0.95%/yr vs 1.50%/yr for INTW.

Performance

GDXU vs. INTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Gold Miners 3X Leveraged ETNs due June 29, 2040 (GDXU) and GraniteShares 2x Long INTC Daily ETF (INTW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GDXU achieves a -66.09% return, which is significantly lower than INTW's 741.14% return.

GDXU

• 1D: -12.30%
• 1M: -41.51%
• YTD: -66.09%
• 6M: -70.80%
• 1Y: 14.54%
• 3Y*: 31.96%
• 5Y*: -13.05%
• 10Y*: —

INTW

• 1D: -1.07%
• 1M: 11.01%
• YTD: 741.14%
• 6M: 775.21%
• 1Y: 1,708.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GDXU vs. INTW - Yearly Performance Comparison

	2026 (YTD)	2025
GDXU MicroSectors Gold Miners 3X Leveraged ETNs due June 29, 2040	-66.09%	399.41%
INTW GraniteShares 2x Long INTC Daily ETF	741.14%	60.89%

Correlation

The correlation between GDXU and INTW is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (All Time) Calculated using the full available price history since Feb 13, 2025	0.12

GDXU vs. INTW - Sectors Allocation Comparison

Sectors	GDXU	INTW
Basic Materials	100.0%	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	66.7%
Utilities	-	-

Return for Risk

GDXU vs. INTW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GDXU

GDXU Risk / Return Rank: 16
GDXU Sharpe Ratio Rank: 10
GDXU Sortino Ratio Rank: 22
GDXU Omega Ratio Rank: 24
GDXU Calmar Ratio Rank: 11
GDXU Martin Ratio Rank: 10

INTW

INTW Risk / Return Rank: 98
INTW Sharpe Ratio Rank: 100
INTW Sortino Ratio Rank: 96
INTW Omega Ratio Rank: 95
INTW Calmar Ratio Rank: 99
INTW Martin Ratio Rank: 99

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.

GDXU vs. INTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Gold Miners 3X Leveraged ETNs due June 29, 2040 (GDXU) and GraniteShares 2x Long INTC Daily ETF (INTW). 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.

	GDXU	INTW	Difference
Sharpe ratio: Return per unit of total volatility	0.10	11.55	-11.45
Sortino ratio: Return per unit of downside risk	1.16	4.96	-3.80
Omega ratio: Gain probability vs. loss probability	1.16	1.63	-0.47
Calmar ratio: Return relative to maximum drawdown	0.17	35.05	-34.88
Martin ratio: Return relative to average drawdown	0.36	79.47	-79.11

GDXU vs. INTW - Sharpe Ratio Comparison

The current GDXU Sharpe Ratio is 0.10, which is lower than the INTW Sharpe Ratio of 11.55. The chart below compares the historical Sharpe Ratios of GDXU and INTW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GDXU vs. INTW - Drawdown Comparison

The maximum GDXU drawdown since its inception was -94.39%, which is greater than INTW's maximum drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for GDXU and INTW.

Drawdown Indicators

	GDXU	INTW	Difference
Max Drawdown Largest peak-to-trough decline	-94.39%	-60.58%	-33.81%
Max Drawdown (1Y) Largest decline over 1 year	-84.26%	-49.34%	-34.92%
Max Drawdown (3Y) Largest decline over 3 years	-84.26%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-91.30%	—	—
Current Drawdown Current decline from peak	-84.26%	-13.43%	-70.83%
Average Drawdown Average peak-to-trough decline	-69.81%	-29.61%	-40.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.46%	21.72%	+18.74%

Volatility

GDXU vs. INTW - Volatility Comparison

MicroSectors Gold Miners 3X Leveraged ETNs due June 29, 2040 (GDXU) and GraniteShares 2x Long INTC Daily ETF (INTW) have volatilities of 56.27% and 55.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GDXU	INTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	56.27%	55.82%	+0.45%
Volatility (6M) Calculated over the trailing 6-month period	126.69%	119.12%	+7.57%
Volatility (1Y) Calculated over the trailing 1-year period	144.88%	150.16%	-5.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	112.55%	148.67%	-36.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	111.34%	148.67%	-37.33%

GDXU vs. INTW - Expense Ratio Comparison

GDXU has a 0.95% expense ratio, which is lower than INTW's 1.50% expense ratio.

Dividends

GDXU vs. INTW - Dividend Comparison

Neither GDXU nor INTW has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GDXU and INTW in my portfolio?

GDXU and INTW have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GDXU or INTW?

GDXU has higher volatility (56.27%) compared to INTW (55.82%). In terms of maximum drawdown, GDXU dropped -94.39% vs INTW's -60.58%.

Which ETF is better, GDXU or INTW?

On 1-year performance, INTW leads with 1708.42% vs 14.54% for GDXU. On fees, GDXU is cheaper at 0.95% per year. On volatility, INTW has been the lower-risk option at 55.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GDXU or INTW?

Over the 1-year period, INTW has performed better with a 1708.42% return vs 14.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GDXU or INTW?

GDXU is cheaper with a 0.95% expense ratio, compared with 1.50% for INTW.

Which ETF pays a higher dividend yield, GDXU or INTW?

GDXU and INTW have nearly identical dividend yields, around 0.00%.

What is the main difference between GDXU and INTW?

They also come from different issuers: BMO and GraniteShares. Their fees differ too: 0.95% for GDXU and 1.50% for INTW.

Which has better risk-adjusted returns?

INTW currently has the higher Sharpe Ratio (11.55 vs 0.10), 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.