GDXD — MicroSectors Gold Miners -3X Inverse Leveraged ETNs
MicroSectors Gold Miners -3X Inverse Leveraged ETNs (ticker: GDXD) is a equity ETF issued by BMO Financial Group tracking S-Network MicroSectors Gold Miners Index - Benchmark TR Gross (-300%). It was launched on 2020-12-02.
About GDXD
GDXD is an inverse leveraged exchange-traded note (ETN) that seeks to provide -3x the daily inverse performance of the S-Network MicroSectors Gold Miners Index - Benchmark TR Gross. This product is designed for sophisticated investors who believe the global gold miners sector will decline.
As an inverse leveraged ETN, GDXD resets daily and aims to achieve its stated inverse leverage target over a single trading day. It is not intended for long-term holding due to the effects of compounding and correlation decay.
- Tracks the S-Network MicroSectors Gold Miners Index - Benchmark TR Gross (-300%).
- Provides -3x daily inverse leveraged exposure to global gold miners.
- Has an expense ratio of 0.95%.
- Total assets under management are $82 million.
- The ETN has a single holding.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 10.76% |
| 1 Week | 0.07% |
| 1 Month | -5.65% |
| 3 Months | 31.66% |
| 6 Months | -54.79% |
| YTD | -40.98% |
| 1 Year | -91.63% |
| 3 Years | — |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | NA | NA | — |
| 2 | NA | NA | — |
| 3 | NA | NA | — |
| 4 | NA | NA | — |
| 5 | NA | NA | — |
| 6 | NA | NA | — |
| 7 | NA | NA | — |
| 8 | NA | NA | — |
| 9 | NA | NA | — |
| 10 | NA | NA | — |
Fund Profile
| Issuer | BMO Financial Group |
|---|---|
| Brand | REX Microsectors |
| Asset Class | equity |
| Strategy | Vanilla |
| Structure | ETN |
| Category | Sector |
| Segment | Inverse Equity: Global Gold Miners |
| Sector | Gold Miners |
| Region | Global |
| Index Tracked | S-Network MicroSectors Gold Miners Index - Benchmark TR Gross (-300%) |
| Inception Date | 2020-12-02 |
| Tax on Distributions | No distributions |
Quick Facts
| Ticker | GDXD |
|---|---|
| Full Name | MicroSectors Gold Miners -3X Inverse Leveraged ETNs |
| Issuer | BMO Financial Group |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $93.27M |
| Inception | 2020-12-02 |
| Index Tracked | S-Network MicroSectors Gold Miners Index - Benchmark TR Gross (-300%) |
Frequently Asked Questions
What does GDXD track?
GDXD (MicroSectors Gold Miners -3X Inverse Leveraged ETNs) tracks S-Network MicroSectors Gold Miners Index - Benchmark TR Gross (-300%), a equity benchmark.
What is the expense ratio of GDXD?
GDXD has an expense ratio of 0.01% per year.
What is the AUM of GDXD?
GDXD has approximately $93.27M in assets under management.
Does GDXD pay a dividend?
GDXD distributes income according to its prospectus (No distributions tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues GDXD?
GDXD is issued by BMO Financial Group under the REX Microsectors brand, launched on 2020-12-02.
Open the interactive GDXD dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.