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MicroSectors Gold -3X Inverse Leveraged ETN (DULL)

Trading--Inverse Commodities | Exchange Traded Fund | NYSEArca
53.47 USD +4.67 (9.570%) ⇧ (Aug. 28, 2026, 3:58 p.m. EDT)
After hours: 53.30 -0.17 (-0.168%) ⇩ (Aug. 28, 2026, 7:57 p.m. EDT)

Short-term:★☆☆☆☆Long-term:☆☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:20 a.m. EDT

This instrument is a leveraged inverse ETN designed to profit from falling gold prices, and the underlying commodity has been in a severe, multi-year downtrend. The price history reveals a catastrophic collapse, dropping nearly 83% over the last two years with consecutive annual losses of over 50% and 63%. While the recent 14-day price action shows a sharp drop followed by a slight stabilization, the massive distance from the 52-week high and the relentless downward trajectory of the underlying asset make this a dangerous vehicle for capital preservation. For a long-term holder, the structural decline of the underlying asset combined with the compounding decay inherent in leveraged products renders the investment void of any fundamental value. There are no dividends to provide income, and the statistical forecast offers no meaningful edge against the overwhelming bearish trend.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.104754
MSTL0.111476
AutoARIMA0.116094
AutoETS0.129171

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 33%
H-stat 0.88
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.70

Info Dump

Attribute Value
All Time High 1,303.0
All Time Low 9.843
Ask 80.22
Ask Size 200
Average Daily Volume10 Day 5,350
Average Daily Volume3 Month 9,620
Average Volume 9,620
Average Volume10Days 5,350
Beta3 Year -0.94
Bid 51.33
Bid Size 200
Category Trading--Inverse Commodities
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 53.71
Day Low 51.865
Dividend Yield 0.0
Earnings Call Timestamp End 1,748,433,600
Earnings Call Timestamp Start 1,748,433,600
Earnings Timestamp End 1,756,470,600
Earnings Timestamp Start 1,756,125,000
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 67.08976
Fifty Day Average Change -13.62196
Fifty Day Average Change Percent -0.20304082
Fifty Two Week Change Percent -70.245125
Fifty Two Week High 172.5
Fifty Two Week High Change -119.032196
Fifty Two Week High Change Percent -0.6900417
Fifty Two Week Low 37.18
Fifty Two Week Low Change 16.2878
Fifty Two Week Low Change Percent 0.4380796
Fifty Two Week Range 37.18 - 172.5
First Trade Date Milliseconds 1,677,076,200,000
Full Exchange Name NYSEArca
Fullday Change 4.6701
Fullday Change Percent 9.57033
Fullday Price 53.3
Fund Family BMO Capital Markets
Fund Inception Date 1,676,937,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Is Earnings Date Estimate 0
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The notes are designed to reflect a 3x leveraged inverse exposure to the inverse 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.
Long Name MicroSectors Gold -3X Inverse Leveraged ETN
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1827640668
Nav Price 49.1805
Net Assets 19,934,460.0
Net Expense Ratio 0.95
Open 50.69
Post Market Change -0.1678009
Post Market Change Percent -0.31383544
Post Market Price 53.3
Post Market Time 1,787,961,437
Previous Close 48.7977
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 4.6701
Regular Market Change Percent 9.57033
Regular Market Day High 53.71
Regular Market Day Low 51.865
Regular Market Day Range 51.865 - 53.71
Regular Market Open 50.69
Regular Market Previous Close 48.7977
Regular Market Price 53.4678
Regular Market Time 1,787,947,109
Regular Market Volume 6,877
Short Name MicroSectors Gold -3X Inverse L
Source Interval 15
Symbol DULL
Three Year Average Return -0.64620036
Total Assets 19,934,460
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 37.90119
Trailing Three Month Returns 37.90119
Triggerable 1
Two Hundred Day Average 63.703514
Two Hundred Day Average Change -10.235714
Two Hundred Day Average Change Percent -0.16067739
Type Disp ETF
Volume 6,877
Yield 0.0
Ytd Return -12.20323