DZZ — Deutsche Bank Ag London Gold Double Short Exchange Traded (Nts)
Deutsche Bank Ag London Gold Double Short Exchange Traded (Nts) (ticker: DZZ) is a commodity ETF issued by Deutsche Bank AG tracking Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (-200%). It was launched on 2008-02-27.
About DZZ
DZZ is an inverse commodity exchange-traded note (ETN) issued by Deutsche Bank AG, which seeks to provide twice the inverse (200%) performance of the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold. This ETN is designed for investors who anticipate a decline in the price of gold.
As an inverse product, DZZ aims to profit when the underlying gold index falls. It is structured as an ETN, which carries issuer credit risk, and is typically used for short-term tactical allocations rather than long-term investing.
- Tracks the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (-200%).
- Provides double inverse exposure to gold.
- Categorized as an Inverse Commodities ETN.
- Issued by Deutsche Bank AG.
- Has an expense ratio of 0.75%.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -0.50% |
| 1 Week | -0.56% |
| 1 Month | 10.92% |
| 3 Months | -18.80% |
| 6 Months | -33.23% |
| YTD | -47.14% |
| 1 Year | -54.56% |
| 3 Years | -64.14% |
| 5 Years | -65.83% |
| 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 (-200%) |
| Inception Date | 2008-02-27 |
Quick Facts
| Ticker | DZZ |
|---|---|
| Full Name | Deutsche Bank Ag London Gold Double Short Exchange Traded (Nts) |
| Issuer | Deutsche Bank AG |
| Asset Class | commodity |
| Expense Ratio | 0.01% |
| AUM | $988,013 |
| Inception | 2008-02-27 |
| Index Tracked | Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (-200%) |
Frequently Asked Questions
What does DZZ track?
DZZ (Deutsche Bank Ag London Gold Double Short Exchange Traded (Nts)) tracks Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (-200%), a commodity benchmark.
What is the expense ratio of DZZ?
DZZ has an expense ratio of 0.01% per year.
What is the AUM of DZZ?
DZZ has approximately $988,013 in assets under management.
Does DZZ pay a dividend?
DZZ distributes income according to its prospectus. Check the dividend history tab for ex-dividend dates and yield.
Who issues DZZ?
DZZ is issued by Deutsche Bank AG under the DB brand, launched on 2008-02-27.
Open the interactive DZZ dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.