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Performance analysis of Bank of Montreal (GDXU)

Annual Return

Over the past 3 years, GDXU has had an average annual return of +52.14%, outperforming the benchmark SPY, which returned +22.77% annual.

Over the past 5 years, GDXU has had an average annual return of -8.97%, underperforming the benchmark SPY, which returned +14.05% annual.

Since Dec 3, 2020, GDXU has had an average annual return of -8.04%, underperforming the benchmark SPY, which returned +15.75% annual.

2026202520242023202220212020
-37.34%+796.17%-18.56%-21.38%-62.82%-54.93%+4.66%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026+16.58%+68.98%-58.05%-15.69%-3.79%-6.54%-37.34%
2025+44.08%+0.93%+51.13%+10.53%+5.46%+4.38%-8.69%+77.68%+73.69%-24.91%+45.50%+8.86%+796.17%
2024-30.38%-19.58%+66.32%+8.49%+19.81%-17.02%+30.97%-0.28%+6.80%+3.57%-22.99%-27.13%-18.56%
2023+30.56%-38.17%+53.18%+5.90%-24.60%-12.01%+9.12%-20.51%-26.10%+7.47%+36.48%-3.77%-21.38%
2022-21.28%+40.37%+31.47%-26.46%-30.66%-41.96%-9.96%-29.90%-5.16%-5.35%+57.88%-3.31%-62.82%
2021-17.60%-29.84%+5.67%+13.62%+47.82%-38.27%+1.55%-21.35%-29.25%+26.80%-1.75%+1.07%-54.93%
2020+4.66%+4.66%

Drawdown analysis of Bank of Montreal (GDXU)

The maximum drawdown for the GDXU was -94.39%, occurring on Feb 28, 2024. Recovery took 469 trading sessions.

The current GDXU drawdown is -70.92%.

Since Dec 3, 2020 GDXU has experienced the following drawdowns:

  • 50% or more: 2 times
  • 40% or more: 2 times
  • 30% or more: 2 times
  • 20% or more: 2 times
  • 10% or more: 4 times
DepthStartTo BottomBottomTo RecoverEndTotal
-94.39%Jan 5, 2021791Feb 28, 2024469Jan 12, 20261260
-73.99%Jan 28, 202677May 19, 2026OngoingOngoingOngoing
-18.21%Dec 7, 20205Dec 14, 20203Dec 17, 20208
-14.93%Dec 17, 20203Dec 22, 20207Jan 4, 202110
-3.92%Jan 20, 20261Jan 21, 20261Jan 22, 20262
-2.50%Dec 3, 20201Dec 4, 20201Dec 7, 20202