MicroSectors Gold Miners -3x Inverse Leveraged ETN

GDXD

Market cap $16M

NEW YORK , Oct. 9, 2025 /PRNewswire/ - Bank of Montreal ("BMO") announced today that it will implement a 1-for-20 reverse split of its outstanding MicroSectorsTM Gold Miners -3X Inverse Leveraged Exchange Traded Notes due June 29, 2040 (the "ETNs"), expected to be effective as of October 22, 2025. The table below summarizes the reverse split.

Gold has been used as a store of value for thousands of years. The precious metal's intrinsic value is largely tied to its resilience across multiple millennia, but the resource is also valuable for several industries.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

The burning-hot performance of gold miner stock ETFs this year has been something to watch. The much slower-burning investor appetite for it has been equally so.

Wall Street delivered a mixed performance last week.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Demand for leveraged and inverse ETFs is solid as these fetch outsized returns on quick market turns in a short span.

Wall Street slumped last week, mainly due to less-dovish Fed cues for 2025.

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

The appeal for leveraged and inverse-leveraged ETFs is on the rise amid uncertainty as these fetch outsized returns on quick market turns in a short span.