GDXD MicroSectors Gold Miners -3X Inverse Leveraged ETN
What is GDXD?
GDXD provides 3x daily inverse leveraged exposure to a market-cap weighted index comprised of two gold miners ETFs.
GDXD Factset Analytics Insight
GDXD is a note that provides 3x daily inverse leveraged exposure. As such, it is not a buy-and-hold product, and is best designed for short-term tactical trading purposes only. Returns can vary significantly from -3x exposure to its underlying index if held for longer than a day. GDXD’s underlying index, the S-Network MicroSectors Gold Miners Index, is comprised of two established ETFs, namely: VanEck Gold Miners ETF (“GDX”) and VanEck Junior Gold Miners ETF (“GDXJ”), which primarily invest in the global gold mining industry. Both ETFs select and weight its constituents by market cap. Knowledge of the benefits and risks is paramount before investing in this product.
GDXD Summary Data
Peers
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GDXD Fund Structure
GDXD Tax Exposures
GDXD Portfolio Data
GDXD Index Data
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GDXD. GDXD is rated a N/A out of 5.
GDXD Tradability
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