DZZDB Gold Double Short ETN
The index is intended to reflect changes in the market value of certain gold futures contracts and is comprised of a single unfunded gold futures contract.
Deutsche Bank AG · Since 2008 (18 years)
0.75%
#3579 out of 5,332 ETFs
$0.9M
#5244 out of 5,332 ETFs
0.00%
18 years
#603 out of 5,332 ETFs
Performance
1 Year
-48.3%
3 Years
-23.5%
5 Years
-18.8%
What's inside
Risk profile
101.3%
High
-85.7%
Worst peak-to-trough loss
-0.11
Below average
-0.17
Moderate downside risk
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05