DGZDB Gold Short ETN

Take a bet18y track recordRanked #438 of 995 in this goal

Provides unleveraged inverse monthly exposure to the Deutsche Bank Liquid Commodity Index - Optimum Yield Gold, less an investor fee.

By Deutsche Bank AG · Launched 2008

Annual Cost

0.75%

#4,069 of 6,040 · expensive

Fund Size

$1M

#5,753 of 6,040 · small

Return (1Y)

-19.4%

Track Record

18 years

#582 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$8,427-15.7%

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

How Beacon categorizes this fund

Asset class

Strategy

Inverse

Focus

Gold

Index tracked

Deutsche Bank Liquid Commodity Index Optimum Yield Gold

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

78.1%High

Year-on-year price swings

Max drawdown

-71.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-0.31Below average

Sortino (3Y)

-0.47Moderate downside risk

Objective: Provides unleveraged inverse monthly exposure to the Deutsche Bank Liquid Commodity Index - Optimum Yield Gold, less an investor fee.
Strategy: Unleveraged inverse exposure to a total-return gold futures index (Deutsche Bank Liquid Commodity Index - Optimum Yield Gold combined with the DB 3-Month T-Bill Index). Value increases with monthly depreciations and decreases with monthly appreciations of the gold index. Resets month-over-month, not daily; not designed for short-term trading.
Inception date: February 27, 2008
Fund family: Deutsche Bank AG