MicroSectors Gold Miners 3X Leveraged ETN (GDXU) Price & Chart
GDXU ETF Chart & Stats
- Day’s Range
- $78.98 - $84.88
- 52-Week Range
- $64.45 - $540.78
- Previous Close
- $82.44
- Volume
- 1.38M
- Average Volume (3M)
- 1.70M
- AUM
- 825.89M
- NAV
- 84.82
- Expense Ratio
- 0.95%
- Holdings Count
- 0
- Beta
- 2.97
- Inception Date
- Dec 02, 2020
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 10,000,021
- Standard Deviation
- N/A
ETF Overview
MicroSectors Gold Miners 3X Leveraged ETN
The MicroSectors Gold Miners 3X Leveraged ETN, trading under the ticker GDXU, is a dynamic financial instrument designed for investors with a robust risk appetite and a keen interest in the Materials sector, specifically within the Gold Miners niche. This exchange-traded note offers triple leveraged exposure to the daily performance of the Solactive Gold Miners Index, aiming to amplify returns through strategic leverage. By concentrating on gold mining companies, GDXU provides investors with an opportunity to capitalize on the volatile yet potentially lucrative gold market. This ETN is particularly attractive to those looking to harness short-term price movements in gold mining stocks, while acknowledging the heightened risk associated with leveraged investments. Ideal for sophisticated investors and traders, GDXU is a potent tool for those seeking to enhance their portfolio's performance by aggressively targeting the gold mining industry, a sector known for its cyclical nature and sensitivity to economic and geopolitical factors.