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 −48.75% over the past year and −58.27% YTD, with dividends reinvested. Since Dec. 3, 2020, GDXU is down −66.27% in real purchasing-power return, or −16.94%/yr, and is currently −80.57% below its real total-return high on Jan. 28, 2026.

Data ending Mon Oct. 12, 2026

Growth of $10,000

Thu 2020-12-03💬 to Mon 2026-10-12 Overall
Return 		Exponential
Trendline
GDXU × 		−66.27%
−16.94%/yr 		−5.36%/yr
R2=0.014
MicroSectors Gold Miners 3X Leveraged ETNs Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2020-12-03💬 to Mon 2026-10-12 Start
Value 		End
Value
GDXU × 		$10,000.00
2020-12-03 		$3,372.65
2026-10-12

This Year’s Performance

through 2026-10-12

  YTD YoY
GDXU × 		−58.27% −48.75%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
GDXU × 		−80.57%
on 2026-10-12
from 2026-01-28 peak 		−95.29%
on 2024-02-28
from 2021-01-05 peak

Rolling Returns

Period ending Mon 2026-10-12 1 yr 2 yr 3 yr 5 yr 10 yr
GDXU × 		−48.75% +108.89%
+44.53%/yr 		+287.95%
+57.13%/yr 		−20.49%
−4.48%/yr 		—

Annual Returns

Year GDXU
2026 (YTD) −58.27%
2025 +773.12%
2024 −20.88%
2023 −23.91%
2022 −65.08%
2021 −57.90%
2020 +4.57%