About MicroSectors Gold Miners 3X Leveraged ETNs (GDXU)

MicroSectors Gold Miners 3X Leveraged ETNs (GDXU) is an exchange-traded fund (ETF) that seeks to provide investors with a leveraged exposure to the performance of the NYSE Arca Gold Miners Index. The ETF aims to generate a return that is three times the daily performance of the index. This means that if the index increases by 1%, the ETF seeks to increase by 3%, and if the index decreases by 1%, the ETF seeks to decrease by 3%. GDXU is designed for investors who have a bullish view on the gold mining sector and want amplified exposure to potential gains.

The NYSE Arca Gold Miners Index, which the ETF aims to track, is a market-cap-weighted index that includes publicly traded companies involved in the gold mining industry. The index covers both large-cap and small-cap stocks and provides diversified exposure to gold mining companies of all sizes. By investing in GDXU, investors can gain exposure to a wide range of gold mining companies, including those that operate globally and those focused on specific regions.