Microsectors Gold Miners Etf Profile

GDXU Etf  USD 35.66  3.79  9.61%   

Performance

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Odds Of Distress

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MicroSectors Gold is selling for under 35.66 as of the 26th of November 2024; that is 9.61 percent down since the beginning of the trading day. The etf's last reported lowest price was 34.64. MicroSectors Gold has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for MicroSectors Gold Miners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of July 2023 and ending today, the 26th of November 2024. Click here to learn more.
Microsectors Gold is traded on NYSEARCA Exchange in the United States. More on MicroSectors Gold Miners

Moving together with MicroSectors Etf

  0.8AGQ ProShares Ultra Silver Downward RallyPairCorr
  0.66UGL ProShares Ultra Gold Downward RallyPairCorr
  0.65DGP DB Gold Double Downward RallyPairCorr

Moving against MicroSectors Etf

  0.34DISO Tidal Trust IIPairCorr

MicroSectors Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationSector ETFs, Materials ETFs, Trading--Leveraged Commodities, BMO Capital Markets (View all Sectors)
IssuerBank of Montreal
Inception Date2020-12-02
BenchmarkS-Network MicroSectors Gold Miners Index
Entity TypeExchange-Traded Note
Asset Under Management332.76 Million
Asset TypeEquity
CategorySector
FocusMaterials
Market ConcentrationBlended Development
RegionGlobal
ExchangeNYSE Arca, Inc.
Market MakerIMC
Total Expense0.95
Management Fee0.95
Country NameUSA
Returns Y T D6.8
NameMicroSectors Gold Miners 3X Leveraged ETNs
Currency CodeUSD
Open FigiBBG00Y61T9T4
In Threey Volatility96.54
1y Volatility94.28
200 Day M A38.5488
50 Day M A46.8416
CodeGDXU
Updated At26th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.11
TypeETF
MicroSectors Gold Miners [GDXU] is traded in USA and was established 2020-12-02. The fund is listed under Trading--Leveraged Commodities category and is part of BMO Capital Markets family. The entity is thematically classified as Sector ETFs. MicroSectors Gold Miners currently have 73.6 M in assets under management (AUM). , while the total return for the last 3 years was -33.2%.
Check MicroSectors Gold Probability Of Bankruptcy

Top MicroSectors Gold Miners Etf Constituents

GDXJVanEck Vectors ETFEtfMX Etf
GDXVanEck Gold MinersEtfEquity Precious Metals
More Details

MicroSectors Gold Miners Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MicroSectors Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

MicroSectors Gold Against Markets

When determining whether MicroSectors Gold Miners is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MicroSectors Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Microsectors Gold Miners Etf. Highlighted below are key reports to facilitate an investment decision about Microsectors Gold Miners Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MicroSectors Gold Miners. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
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The market value of MicroSectors Gold Miners is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Gold's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MicroSectors Gold's market value can be influenced by many factors that don't directly affect MicroSectors Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MicroSectors Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.