The return on the MSectors™ Gold Miners -3X Inverse Leveraged ETNs is linked to a 3X times inverse leveraged participation in the daily performance of the S-Network MSectors™ Gold Miners Index, minus the applicable fees. The ETNs are not “buy and hold” investments and should not be expected to provide a 3X times inverse leveraged return of the underlying index’s cumulative return for periods greater than a day.
| PRODUCT DETAILS | |
|---|---|
| Sector | Gold Miners |
| Ticker | GDXD |
| Intraday Indicative Note Value Ticker | GDXDIV |
| CUSIP | 63679641 |
| ISIN | US0636796411 |
| Issue Date | 12/2/2020 |
| Maturity Date | 6/29/2040 |
| DAILY MARKET DATA | |
|---|---|
| Closing Indicative Value | $14.22 |
| Market Capitalization | $56,877,965 |
| ETNs Outstanding | 4,000,000 |
| DOCUMENTS |
|---|
| Index Details | |
|---|---|
| Index Name | S-Network MSectors™ Gold Miners Index |
| Index Ticker | MINERS |
| Rebalance Frequency | Quarterly |
| No. of Constituents | 2 |
The S-Network MSectors™ Gold Miners Index tracks the performance of two of the largest gold mining exchange traded funds, the VanEck Gold Miners ETF (the “GDX”) and the VanEck Junior Gold Miners ETF (the “GDXJ”). The index’s underlying composition is market capitalization weighted across both ETFs.
LEARN MORE ABOUT THE GOLD MINERS INDEX
*Index rebalances quarterly. Components as of SOD 12/16/2024, weightings rounded for ease of analysis.
