All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

GDXU: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

GDXU real return snapshot: after CPI-U inflation, GDXU returned −61.91% over the past year and −65.81% YTD, with dividends reinvested. Since Dec. 3, 2020, GDXU is down −72.37% in real purchasing-power return, or −19.70%/yr, and is currently −84.08% below its real total-return high on Jan. 28, 2026.

Data ending Wed Oct. 14, 2026

Growth of $10,000

Thu 2020-12-03💬 to Wed 2026-10-14 Overall
Return 		Exponential
Trendline
GDXU × 		−72.37%
−19.70%/yr 		−5.33%/yr
R2=0.014
MicroSectors Gold Miners 3X Leveraged ETNs Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2020-12-03💬 to Wed 2026-10-14 Start
Value 		End
Value
GDXU × 		$10,000.00
2020-12-03 		$2,762.99
2026-10-14

This Year’s Performance

through 2026-10-14

  YTD YoY
GDXU × 		−65.81% −61.91%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
GDXU × 		−84.08%
on 2026-10-14
from 2026-01-28 peak 		−95.29%
on 2024-02-28
from 2021-01-05 peak

Rolling Returns

Period ending Wed 2026-10-14 1 yr 2 yr 3 yr 5 yr 10 yr
GDXU × 		−61.91% +70.14%
+30.44%/yr 		+180.31%
+41.00%/yr 		−44.05%
−10.97%/yr 		—

Annual Returns

Year GDXU
2026 (YTD) −65.81%
2025 +773.12%
2024 −20.88%
2023 −23.91%
2022 −65.08%
2021 −57.90%
2020 +4.57%