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SHNY
+5.85 · +52.93%
$16.90 · NYSE ARCA

Microsectors Gold 3x Leverage ETN (SHNY) ETF Analysis | Trading--Leveraged Commodities

BMO Capital Markets · USA
AUM:$196.3M
#– of – in Trading--Leveraged Commodities ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 259.6% over the past year, reflecting strong price momentum.

Cost Efficiency

Ongoing charge of 0.95% — above average for this category.

What is SHNY?

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.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Strong Recent Performance
SHNY delivered 259.6% over the past year. Historical returns only — past performance is not indicative of future results.
Higher Cost Profile
Expense ratio of 0.95% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 100.0% of the ETF — significant weight in a small number of names.
ETF Information
AUM$196.3M
Expense Ratio0.95%
Dividend Yield0.00%
Holdings1
Inception DateFeb 2023
Domicile–
Distribution–
Index–
ProviderBMO Capital Markets
Beta–
CategoryTrading--Leveraged Commodities
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-51.2%
1Y
+36.7%
3Y
+301.8%
5Y
+314.3%
OpenBook InsightIf you had invested £10,000 in SHNY 5 years ago, it would have grown to £41,433 — a gain of £31,433.

Annual Returns

Calendar year performance

SHNY delivered positive returns in 3 of the last 4 calendar years.
YearSHNY
2026 YTD-23.3%
2025+202.9%
2024+51.5%
2023+12.5%
CAGR 3yr+72.8%
3/4 positive yearsAvg return: +60.9%Worst year: -23.3% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
77.0%
Very High
Momentum
+31.2%
30-day change
Support Level
7.92
Key floor
Key Insights
  • Momentum is upward with a 31.2% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.
  • Monitor key support and resistance levels as part of broader risk assessment.
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