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Upturn AI SWOT - About
Microsectors Gold 3x Leverage ETN (SHNY)
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Upturn Advisory Summary
10/24/2025: SHNY (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 57.3% | Avg. Invested days 35 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 33.52 - 86.56 | Updated Date 06/30/2025 |
52 Weeks Range 33.52 - 86.56 | Updated Date 06/30/2025 |
Upturn AI SWOT
Microsectors Gold 3x Leverage ETN
ETF Overview
Overview
The MicroSectors Gold 3X Leveraged ETN (GLD3) provides 3x leveraged exposure to an index comprised of gold futures contracts, aiming to magnify daily returns of gold prices.
Reputation and Reliability
REX Shares is a provider of leveraged and inverse exchange traded products, known for innovation but carries inherent risks associated with leveraged instruments.
Management Expertise
REX Shares specializes in creating leveraged and inverse ETFs, indicating experience in managing such products.
Investment Objective
Goal
To seek daily investment results, before fees and expenses, that correspond to three times (3x) the daily percentage change of the Solactive Gold Front Month Rolling Futures Index.
Investment Approach and Strategy
Strategy: Tracks the Solactive Gold Front Month Rolling Futures Index, providing 3x leverage to the daily performance of front-month gold futures contracts.
Composition Primarily holds gold futures contracts.
Market Position
Market Share: GLD3 holds a small market share within the leveraged gold ETN/ETF space.
Total Net Assets (AUM): 30940000
Competitors
Key Competitors
- UGLD
- GDXU
- BARS
- DGLD
Competitive Landscape
The leveraged gold ETF industry is competitive, with several established players. GLD3 offers 3x leverage, which is a significant advantage for those seeking amplified returns but carries increased risk compared to non-leveraged or lower leveraged products. Its disadvantage is the potential for rapid value erosion due to daily resets and volatility.
Financial Performance
Historical Performance: Historical performance can be volatile due to leverage. Returns are heavily dependent on the daily movement of gold futures.
Benchmark Comparison: Performance is measured against 3x the Solactive Gold Front Month Rolling Futures Index; tracking error can occur due to fees, expenses, and daily compounding.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
The average daily trading volume is moderate, which may affect the ease of entering and exiting large positions.
Bid-Ask Spread
The bid-ask spread can fluctuate depending on market conditions and trading volume, potentially impacting trading costs.
Market Dynamics
Market Environment Factors
Economic indicators (inflation, interest rates), geopolitical events, and overall market sentiment influence gold prices and, consequently, GLD3's performance.
Growth Trajectory
Growth is tied to the demand for leveraged gold exposure and the overall trend in gold prices. Any changes to the underlying index can impact its growth.
Moat and Competitive Advantages
Competitive Edge
GLD3's primary advantage is its 3x leverage, offering amplified exposure to gold futures. It caters to traders seeking short-term gains from gold price movements. However, this advantage is coupled with significant risk due to the effects of compounding and daily resets, potentially leading to substantial losses, especially in volatile or sideways markets. It lacks a true moat as other leveraged gold products exist. The high leverage also makes it unsuitable for buy-and-hold investors.
Risk Analysis
Volatility
GLD3 is highly volatile due to its 3x leverage, meaning it experiences magnified price swings compared to unleveraged gold investments.
Market Risk
The primary market risk is tied to fluctuations in gold prices and the futures market; it can quickly lose value if gold prices move against the leveraged position.
Investor Profile
Ideal Investor Profile
Suitable for sophisticated, short-term traders who understand the risks of leveraged products and are actively monitoring gold market trends.
Market Risk
Best suited for active traders with a high-risk tolerance; not appropriate for long-term investors or passive index followers.
Summary
GLD3 is a leveraged ETN providing 3x exposure to gold futures, designed for short-term trading strategies. Its high leverage amplifies both gains and losses, making it a risky investment. It's suitable only for experienced traders with a deep understanding of leveraged products and gold market dynamics. Due to daily resets and compounding effects, it's not appropriate for long-term holding or passive investing. Investors should carefully consider their risk tolerance and investment objectives before investing in GLD3.
Peer Comparison
Sources and Disclaimers
Data Sources:
- REX Shares website
- Solactive Index website
- ETF.com
- Bloomberg
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Leveraged ETFs are complex instruments and may not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk, including the potential loss of principal.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Microsectors Gold 3x Leverage ETN
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The notes are designed to reflect a 3x leveraged long exposure to the performance of the ETF on a daily basis. The notes are riskier than securities that have intermediate- or long-term investment objectives, and may not be suitable for investors who plan to hold them for a period other than one day or who have a "buy and hold" strategy.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.