DGZ — DB Gold Short Exchange Traded Notes
DB Gold Short Exchange Traded Notes (ticker: DGZ) is a commodity ETF issued by Deutsche Bank AG tracking Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (-100%). It was launched on 2008-02-27.
About DGZ
DGZ is an exchange-traded note (ETN) that seeks to provide inverse exposure to the performance of gold futures contracts. It tracks the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (-100%), aiming to deliver the opposite return of this index. The fund is structured as an ETN, exposing investors to the credit risk of the issuer, Deutsche Bank AG.
This ETN may be considered by investors looking to speculate on a decline in gold prices or to potentially hedge existing long positions in gold. It is designed for short-term trading and not for long-term investment, given its inverse and leveraged nature and the effects of compounding.
- Provides inverse exposure to the gold commodity market.
- Tracks the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (-100%).
- Issued by Deutsche Bank AG.
- Expense ratio of 0.75%.
- Total AUM is $1M.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -0.65% |
| 1 Week | 5.32% |
| 1 Month | 4.64% |
| 3 Months | 23.48% |
| 6 Months | 3.78% |
| YTD | 1.65% |
| 1 Year | -18.21% |
| 3 Years | -42.56% |
| 5 Years | -41.67% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | NA | NA | — |
| 2 | NA | NA | — |
| 3 | NA | NA | — |
| 4 | NA | NA | — |
| 5 | NA | NA | — |
| 6 | NA | NA | — |
| 7 | NA | NA | — |
| 8 | NA | NA | — |
| 9 | NA | NA | — |
| 10 | NA | NA | — |
Fund Profile
| Issuer | Deutsche Bank AG |
|---|---|
| Brand | DB |
| Asset Class | commodity |
| Strategy | Optimized commodity |
| Structure | ETN |
| Category | Inverse Commodities |
| Segment | Inverse Commodities: Precious Metals Gold |
| Region | Global |
| Index Tracked | Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (-100%) |
| Inception Date | 2008-02-27 |
Quick Facts
| Ticker | DGZ |
|---|---|
| Full Name | DB Gold Short Exchange Traded Notes |
| Issuer | Deutsche Bank AG |
| Asset Class | commodity |
| Expense Ratio | 0.01% |
| AUM | $1.16M |
| Inception | 2008-02-27 |
| Index Tracked | Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (-100%) |
Frequently Asked Questions
What does DGZ track?
DGZ (DB Gold Short Exchange Traded Notes) tracks Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (-100%), a commodity benchmark.
What is the expense ratio of DGZ?
DGZ has an expense ratio of 0.01% per year.
What is the AUM of DGZ?
DGZ has approximately $1.16M in assets under management.
Does DGZ pay a dividend?
DGZ distributes income according to its prospectus. Check the dividend history tab for ex-dividend dates and yield.
Who issues DGZ?
DGZ is issued by Deutsche Bank AG under the DB brand, launched on 2008-02-27.
Open the interactive DGZ dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.