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 +27.86% over the past year and −50.93% YTD, with dividends reinvested. Since Dec. 3, 2020, GDXU is down −60.34% in real purchasing-power return, or −15.00%/yr, and is currently −77.15% below its real total-return high on Jan. 28, 2026.

Data ending Thu Aug. 13, 2026

Growth of $10,000

Thu 2020-12-03💬 to Thu 2026-08-13 Overall
Return 		Exponential
Trendline
GDXU × 		−60.34%
−15.00%/yr 		−7.26%/yr
R2=0.024
MicroSectors Gold Miners 3X Leveraged ETNs Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2020-12-03💬 to Thu 2026-08-13 Start
Value 		End
Value
GDXU × 		$10,000.00
2020-12-03 		$3,965.83
2026-08-13

This Year’s Performance

through 2026-08-13

  YTD YoY
GDXU × 		−50.93% +27.86%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
GDXU × 		−77.15%
on 2026-08-13
from 2026-01-28 peak 		−95.29%
on 2024-02-28
from 2021-01-05 peak

Rolling Returns

Period ending Thu 2026-08-13 1 yr 2 yr 3 yr 5 yr 10 yr
GDXU × 		+27.86% +184.60%
+68.70%/yr 		+245.13%
+51.12%/yr 		−24.14%
−5.38%/yr 		—

Annual Returns

Year GDXU
2026 (YTD) −50.93%
2025 +773.12%
2024 −20.88%
2023 −23.91%
2022 −65.08%
2021 −57.90%
2020 +4.57%