SHNY vs. GDXU ETF Comparison
Comparison of Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043 (SHNY) to MicroSectors Gold Miners 3X Leveraged ETNs (GDXU)
SHNY
Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043
SHNY Description
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Solactive Global Silver Miners Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure broad based equity market performance of companies involved in the silver mining industry, as defined by Structured Solutions AG. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$34.57
Average Daily Volume
13,247
1
GDXU
MicroSectors Gold Miners 3X Leveraged ETNs
GDXU Description
The investment seeks the return on the notes is linked to a three times leveraged participation in the daily performance of the S-Network MicroSectorsTM Gold Miners Index.The index is a total return index that tracks the performance of two exchange traded funds, the VanEck Vectors® Gold Miners ETF (the ?GDX?) and the VanEck Vectors® Junior Gold Miners ETF (the ?GDXJ?).Grade (RS Rating)
Last Trade
$34.63
Average Daily Volume
1,265,385
2
Performance
| Period | SHNY | GDXU |
|---|---|---|
| 30 Days | -2.48% | -2.75% |
| 60 Days | 21.63% | 47.87% |
| 90 Days | 33.26% | 48.44% |
| 12 Months | 5.69% | -47.39% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SHNY | Weight in GDXU | Overlap |
|---|
SHNY Overweight 1 Positions Relative to GDXU
| Symbol | Grade | Weight | |
|---|---|---|---|
| SIL | B | 98.74% |
SHNY: Top Represented Industries & Keywords
GDXU: Top Represented Industries & Keywords
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