DB Gold Double Long Exchange Traded Notes (DGP)
DGP is a passive ETF by Deutsche Bank tracking the investment results of the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (200%). DGP launched on Feb 27, 2008 and has a 0.75% expense ratio.
ETF Info
ISIN | US25154H7492 |
---|---|
CUSIP | 25154H749 |
Issuer | Deutsche Bank |
Inception Date | Feb 27, 2008 |
Region | Global (Broad) |
Category | Leveraged Commodities, Leveraged, Gold |
Leveraged | 2x |
Index Tracked | Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (200%) |
Asset Class | Commodity |
Expense Ratio
The DB Gold Double Long Exchange Traded Notes has a high expense ratio of 0.75%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Popular comparisons: DGP vs. UGL, DGP vs. FNILX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in DB Gold Double Long Exchange Traded Notes, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
DB Gold Double Long Exchange Traded Notes had a return of 10.80% year-to-date (YTD) and 13.68% in the last 12 months. Over the past 10 years, DB Gold Double Long Exchange Traded Notes had an annualized return of 5.33%, while the S&P 500 had an annualized return of 10.96%, indicating that DB Gold Double Long Exchange Traded Notes did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 10.80% | 10.04% |
1 month | 14.92% | 3.53% |
6 months | 29.47% | 22.79% |
1 year | 13.68% | 32.16% |
5 years (annualized) | 15.86% | 13.15% |
10 years (annualized) | 5.33% | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -3.47% | 0.88% | ||||||||||
2023 | -0.68% | -11.02% | 12.98% | 4.03% | 1.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for DB Gold Double Long Exchange Traded Notes (DGP) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
DB Gold Double Long Exchange Traded Notes | 0.63 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the DB Gold Double Long Exchange Traded Notes. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the DB Gold Double Long Exchange Traded Notes was 75.31%, occurring on Dec 17, 2015. The portfolio has not yet recovered.
The current DB Gold Double Long Exchange Traded Notes drawdown is 33.21%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-75.31% | Aug 23, 2011 | 1088 | Dec 17, 2015 | — | — | — |
-55.21% | Mar 18, 2008 | 168 | Nov 12, 2008 | 249 | Nov 9, 2009 | 417 |
-24.37% | Dec 3, 2009 | 45 | Feb 8, 2010 | 64 | May 11, 2010 | 109 |
-16.22% | Dec 7, 2010 | 36 | Jan 27, 2011 | 22 | Mar 1, 2011 | 58 |
-15.33% | Jun 21, 2010 | 26 | Jul 27, 2010 | 34 | Sep 14, 2010 | 60 |
Volatility
Volatility Chart
The current DB Gold Double Long Exchange Traded Notes volatility is 6.62%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.