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DB Gold Double Long Exchange Traded Notes (DGP)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US25154H7492
CUSIP
25154H749
Inception Date
Feb 27, 2008
Region
Global (Broad)
Leveraged
2x
Index Tracked
Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (200%)
Distribution Policy
Accumulating
Asset Class
Commodity

Share Price Chart


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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.


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S&P 500 Index

Returns By Period

DB Gold Double Long Exchange Traded Notes (DGP) has returned 13.65% so far this year and 101.12% over the past 12 months. Looking at the last ten years, DGP has achieved an annualized return of 22.44%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


DB Gold Double Long Exchange Traded Notes

1D
9.12%
1M
-22.14%
YTD
13.65%
6M
37.68%
1Y
101.12%
3Y*
63.02%
5Y*
38.30%
10Y*
22.44%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 28, 2008, DGP's average daily return is +0.07%, while the average monthly return is +1.40%. At this rate, your investment would double in approximately 4.2 years.

Historically, 52% of months were positive and 48% were negative. The best month was Nov 2009 with a return of +25.7%, while the worst month was Oct 2008 at -33.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 7 months.

On a daily basis, DGP closed higher 52% of trading days. The best single day was Sep 17, 2008 with a return of +24.6%, while the worst single day was Mar 9, 2022 at -24.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202624.36%17.37%-22.14%13.65%
202511.90%3.35%17.95%10.08%-0.50%0.60%-1.83%10.58%22.12%6.15%9.87%3.88%141.40%
2024-3.47%0.87%16.97%6.09%2.56%-0.48%9.86%3.40%10.03%7.93%-6.28%-1.78%53.16%
202310.54%-10.19%14.28%2.78%-3.90%-4.72%3.69%-0.68%-11.00%12.98%4.03%1.70%16.97%
2022-3.62%12.73%2.32%-5.11%-6.35%-3.94%-4.29%-6.37%-6.47%-3.72%16.62%5.78%-5.54%
2021-6.59%-11.04%-3.41%5.88%15.07%-14.23%5.03%-0.10%-6.66%3.00%-1.15%6.08%-11.29%

Benchmark Metrics

DB Gold Double Long Exchange Traded Notes has an annualized alpha of 19.02%, beta of 0.06, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since February 29, 2008.

  • This ETF captured 30.81% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -13.45%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.06 may look defensive, but with R² of 0.00 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.00 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
19.02%
Beta
0.06
0.00
Upside Capture
30.81%
Downside Capture
-13.45%

Expense Ratio

DGP has an expense ratio of 0.75%, placing it in the medium range.


Return for Risk

Risk / Return Rank

DGP ranks 85 for risk / return — in the top 85% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


DGP Risk / Return Rank: 8585
Overall Rank
DGP Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
DGP Sortino Ratio Rank: 8383
Sortino Ratio Rank
DGP Omega Ratio Rank: 8080
Omega Ratio Rank
DGP Calmar Ratio Rank: 8888
Calmar Ratio Rank
DGP Martin Ratio Rank: 8888
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for DB Gold Double Long Exchange Traded Notes (DGP) and compare them to a chosen benchmark (S&P 500 Index).


DGPBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.84

0.90

+0.94

Sortino ratio

Return per unit of downside risk

2.24

1.39

+0.86

Omega ratio

Gain probability vs. loss probability

1.32

1.21

+0.10

Calmar ratio

Return relative to maximum drawdown

2.91

1.40

+1.51

Martin ratio

Return relative to average drawdown

11.14

6.61

+4.53

Explore DGP risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


DB Gold Double Long Exchange Traded Notes doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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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. Recovery took 2225 trading sessions.

The current DB Gold Double Long Exchange Traded Notes drawdown is 24.38%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-75.31%Aug 23, 20111088Dec 17, 20152225Oct 22, 20243313
-55.21%Mar 18, 2008168Nov 12, 2008249Nov 9, 2009417
-36.58%Jan 30, 202639Mar 26, 2026
-24.37%Dec 3, 200945Feb 8, 201064May 11, 2010109
-18.17%Oct 21, 202511Nov 4, 202533Dec 22, 202544

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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