DGPDB Gold Double Long ETN
Provides 2x monthly leveraged long exposure to the Deutsche Bank Liquid Commodity Index Optimum Yield Gold (a gold futures index).
By Deutsche Bank AG · Launched 2008
0.75%
#3,925 of 5,861 · average
$192M
#2,390 of 5,861 · mid-size
+35.7%
18 years
#574 of 5,861 · established
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundRisk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Provides 2x monthly leveraged long exposure to the Deutsche Bank Liquid Commodity Index Optimum Yield Gold (a gold futures index).
- Strategy
- Provides 2x monthly leveraged long exposure to a total return version of the Deutsche Bank Liquid Commodity Index Optimum Yield Gold — composed of gold futures contracts — plus a 3-Month T-Bill return, subject to a 0.75% per annum investor fee. Reset monthly, not daily.
- Inception date
- February 27, 2008
- Fund family
- Deutsche Bank AG
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Your return drifts the longer you hold
Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.
Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-04