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 +28.84% over the past year and −30.98% YTD, with dividends reinvested. Since Dec. 3, 2020, GDXU is down −44.21% in real purchasing-power return, or −9.65%/yr, and is currently −67.86% below its real total-return high on Jan. 28, 2026.

Data ending Thu Sep. 3, 2026

Growth of $10,000

Thu 2020-12-03💬 to Thu 2026-09-03 Overall
Return 		Exponential
Trendline
GDXU × 		−44.21%
−9.65%/yr 		−6.36%/yr
R2=0.019
MicroSectors Gold Miners 3X Leveraged ETNs Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2020-12-03💬 to Thu 2026-09-03 Start
Value 		End
Value
GDXU × 		$10,000.00
2020-12-03 		$5,578.73
2026-09-03

This Year’s Performance

through 2026-09-03

  YTD YoY
GDXU × 		−30.98% +28.84%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
GDXU × 		−67.86%
on 2026-09-03
from 2026-01-28 peak 		−95.29%
on 2024-02-28
from 2021-01-05 peak

Rolling Returns

Period ending Thu 2026-09-03 1 yr 2 yr 3 yr 5 yr 10 yr
GDXU × 		+28.84% +324.11%
+105.94%/yr 		+410.29%
+72.16%/yr 		+4.89%
+0.96%/yr 		—

Annual Returns

Year GDXU
2026 (YTD) −30.98%
2025 +773.12%
2024 −20.88%
2023 −23.91%
2022 −65.08%
2021 −57.90%
2020 +4.57%