MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) Dividend Yield, History & Forecast

MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $274M.

GDXD fund composition

GDXD holds 2 positions, with 100.0% of assets in its ten largest. It charges an expense ratio of 0.95%, and manages $93.3M.

Top 10 holdings

HoldingWeight
GDXVanEck Vectors Gold Miners ETF75.00%
GDXJVanEck Vectors Junior Gold Miners ETF25.00%

Sector allocation

Basic Materials100.0%

Frequently Asked Questions about MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD)

What does MicroSectors Gold Miners -3X Inverse Leveraged ETNs invest in?
GDXD is an Exchange Traded Note (ETN) meticulously crafted to provide three times (3x) the inverse daily return of its benchmark index. This instrument is not intended for long-term investment, but rather specifically designed for short-duration, tactical trading strategies. Investors should be aware that holding GDXD for longer than a single trading day can lead to returns that diverge substantially from the expected -3x leverage due to daily compounding effects. The underlying index for GDXD is the S-Network MicroSectors Gold Miners Index, which derives its composition from two well-known...