MicroSectors Gold Miners 3x Leveraged ETN

GDXU

Market cap $971M

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.

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.

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.

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.

Still, despite the per-ounce price plunging hundreds of dollars from an all-time high of around $5,600, gold is still up 68% over the past year—and the first days of February have also brought a moderate recovery from the recent dip as well.

NEW YORK, Jan. 30, 2026 /PRNewswire/ - Bank of Montreal ("BMO") today announced that pursuant to the terms of BMO's MicroSectorsTM Gold Miners 3X Leveraged Exchange Traded Notes due June 29, 2040 (the "ETNs"), BMO Capital Markets Corp., the Calculation Agent of the ETNs, is electing to exercise its right to increase the Financing Spread for the ETNs. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the ETN Prospectus (as defined below) for the ETNs.

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.

MicroSectors Gold Miners 3X Leveraged ETN (GDXU) offers 3x daily exposure to the gold mining sector, tracking both major and junior miners. I conditionally recommend GDXU with a Buy rating for traders seeking short-term, daily exposure to gold miners amid strong gold prices. Miners may offer greater value than physical gold through cash flows, M&A activity, and potential share price appreciation.

USAR-linked leveraged ETFs soared last week as rare-earth stocks jumped, while natural gas and gold plays surged amid tariffs and winter shocks.

At this point, it's no secret that advisors and investors should be keeping a very close eye on how gold is doing.  Ever since the later half of 2025, the precious metal has been on a momentous rally, repeatedly approaching new price highs.