About MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD)

MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) are exchange-traded funds (ETFs) that aim to provide investors with a way to profit from a decline in the price of gold mining companies. These ETFs are designed to deliver three times the inverse daily return of the Solactive MicroSectors Gold Miners Index. The Solactive MicroSectors Gold Miners Index is a rules-based index that tracks the performance of a basket of gold mining stocks.

Investors interested in shorting gold mining stocks or hedging their exposure to the industry may find these inverse leveraged ETNs useful. By providing triple exposure to the inverse performance of the underlying index, GDXD allows investors to amplify their potential returns in the event of a decline in gold mining stocks. It is important to note, however, that leveraged ETFs are designed for short-term trading and may not be suitable for long-term investors.