DGPDB Gold Double Long ETN

Beat inflation18y track recordRanked #65 of 114 in this goal

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

Annual Cost

0.75%

#3,765 of 5,562 · expensive

Fund Size

$252M

#2,121 of 5,562 · mid-size

Return (1Y)Goal

+37.7%

Track Record

18 years

#585 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$13,512+35.1%

Total-return NAV, USD. Net of fund fees, before tax.

How Beacon categorizes this fund

Asset class

Focus

Gold

Index tracked

Deutsche Bank Liquid Commodity Index Optimum Yield Gold

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

54.5%High

Year-on-year price swings

Max drawdown

-51.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.14Strong risk-adjusted returns

Sortino (3Y)

1.65Good downside protection

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