DV
Dividend Vision

GDXD — MicroSectors Gold Miners -3X Inverse Leveraged ETNs

MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD)

GDXD pays a 0.00% distribution rate, on a 0.95% expense ratio. Total return is -100.0% over the past 5.7 years, 229.0 points behind SPY at 129.0%. Its deepest 1-year drawdown was 94.8%.

MicroSectors Gold Miners -3X Inverse Leveraged ETNs seeks to deliver three times the inverse (opposite) daily performance of gold mining stocks, making it a bearish bet on the precious metals mining sector. The ETN carries a 0.95% expense ratio and does not currently distribute income, reflecting its structure as a leveraged derivatives product rather than a traditional dividend vehicle. This product is designed for experienced traders and investors seeking short-term tactical hedges or bearish exposure to gold miners, not for buy-and-hold income investors.

GDXD key facts

Issuer
REX Shares
Asset type
ETF
Asset class
Equity
Inception date
12/02/2020
Expense ratio
0.95%
Distribution rate
0.00%
Last close
$24.72
AUM
$113,971,235
Average volume
1306700.0
Beta
-0.57
P/E ratio
6.8403