PLMR vs. GDXU
PLMR (Palomar Holdings, Inc.) 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, PLMR returned 8.52%/yr vs -14.73%/yr for GDXU. At a 0.09 correlation, their price movements are largely independent.
Performance
PLMR vs. GDXU - Performance Comparison
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Returns By Period
In the year-to-date period, PLMR achieves a -14.77% return, which is significantly higher than GDXU's -56.00% return.
PLMR
- 1D
- -0.26%
- 1M
- 6.19%
- YTD
- -14.77%
- 6M
- -9.27%
- 1Y
- -28.70%
- 3Y*
- 25.45%
- 5Y*
- 8.52%
- 10Y*
- —
GDXU
- 1D
- 8.84%
- 1M
- -50.11%
- YTD
- -56.00%
- 6M
- -55.92%
- 1Y
- 30.95%
- 3Y*
- 37.87%
- 5Y*
- -14.73%
- 10Y*
- —
PLMR vs. GDXU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PLMR Palomar Holdings, Inc. | -14.77% | 27.63% | 90.25% | 22.90% | -30.28% | -27.09% | 32.01% |
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 PLMR and GDXU is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2020 | 0.09 |
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Return for Risk
PLMR vs. GDXU — Risk / Return Rank
PLMR
GDXU
PLMR vs. GDXU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palomar Holdings, Inc. (PLMR) 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.
| PLMR | GDXU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -2.24 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.18 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 0.37 | -1.14 |
| Martin ratioReturn relative to average drawdown | -1.19 | 0.80 | -1.99 |
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Drawdowns
PLMR vs. GDXU - Drawdown Comparison
The maximum PLMR drawdown since its inception was -62.86%, smaller than the maximum GDXU drawdown of -94.39%. Use the drawdown chart below to compare losses from any high point for PLMR and GDXU.
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Drawdown Indicators
| PLMR | GDXU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.86% | -94.39% | +31.53% |
Max Drawdown (1Y)Largest decline over 1 year | -37.51% | -83.97% | +46.46% |
Max Drawdown (3Y)Largest decline over 3 years | -42.27% | -83.97% | +41.70% |
Max Drawdown (5Y)Largest decline over 5 years | -53.81% | -92.44% | +38.63% |
Current DrawdownCurrent decline from peak | -34.62% | -79.58% | +44.96% |
Average DrawdownAverage peak-to-trough decline | -28.81% | -69.77% | +40.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.17% | 38.59% | -14.42% |
Volatility
PLMR vs. GDXU - Volatility Comparison
The current volatility for Palomar Holdings, Inc. (PLMR) is 11.03%, while MicroSectors Gold Miners 3X Leveraged ETNs due June 29, 2040 (GDXU) has a volatility of 54.28%. This indicates that PLMR 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.
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Volatility by Period
| PLMR | GDXU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.03% | 54.28% | -43.25% |
Volatility (6M)Calculated over the trailing 6-month period | 23.78% | 123.72% | -99.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.57% | 142.00% | -105.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.68% | 111.92% | -69.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.88% | 110.82% | -62.94% |
Dividends
PLMR vs. GDXU - Dividend Comparison
Neither PLMR nor GDXU has paid dividends to shareholders.
Frequently Asked Questions
PLMR and GDXU have a correlation of 0.00, 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 PLMR (11.03%). In terms of maximum drawdown, PLMR dropped -62.86% vs GDXU's -94.39%.
GDXU currently has the higher Sharpe Ratio (0.22 vs -0.79), 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.
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