DB Gold Double Short Exchange Traded Notes (DZZ) belongs to the Leveraged Commodities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DZZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DZZ
DZZ charges 0.75% annually. There is 1 ETF in the Leveraged Commodities category with a lower expense ratio, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Gold Strategy PLUS Income ETF | 0.50% | 40.09M | Dec 2024 | DZZ vs YGLD | |
| DB Gold Double Long Exchange Traded Notes | 0.75% | 228.65M | Feb 2008 | DZZ vs DGP | |
| ProShares Ultra Silver | 0.93% | 1.46B | Dec 2008 | DZZ vs AGQ | |
| ProShares Ultra Gold | 0.95% | 697.15M | Dec 2008 | DZZ vs UGL | |
| ProShares UltraShort Bloomberg Crude Oil | 0.95% | 1.16B | Nov 2008 | DZZ vs SCO |
Best Risk-Adjusted Alternatives to DZZ
DZZ has a PortfoliosLab risk / return rank of 16. There are 5 ETFs in the Leveraged Commodities category with higher risk-adjusted ranks, going as high as 26.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| MicroSectors Oil & Gas Exploration & Production 3X... | 26 | 65.33M | Mar 2017 | DZZ vs OILU | |
| ProShares Ultra Bloomberg Crude Oil | 24 | 358.86M | Nov 2008 | DZZ vs UCO | |
| ProShares Ultra Silver | 22 | 1.46B | Dec 2008 | DZZ vs AGQ | |
| DB Gold Double Long Exchange Traded Notes | 19 | 228.65M | Feb 2008 | DZZ vs DGP | |
| ProShares Ultra Gold | 17 | 697.15M | Dec 2008 | DZZ vs UGL |
Top Performing DZZ Alternatives (YTD)
DZZ is at -52.47% YTD. There are 14 ETFs in the Leveraged Commodities category with higher YTD returns, going as high as 81.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | 81.88% | 358.86M | Nov 2008 | DZZ vs UCO | |
| MicroSectors Oil & Gas Exploration & Production 3X... | 53.67% | 65.33M | Mar 2017 | DZZ vs OILU | |
| Teucrium 2x Daily Wheat ETF | 20.90% | 7.75M | Dec 2024 | DZZ vs WXET | |
| ProShares UltraShort Gold | -1.30% | 107.19M | Dec 2008 | DZZ vs GLL | |
| Roundhill Gold WeeklyPay ETF | -8.13% | 20.91M | Oct 2025 | DZZ vs GLDW |
Lowest Volatility Alternatives to DZZ
DZZ has 169.84% 1-year volatility. There are 16 ETFs in the Leveraged Commodities category with lower 1-year volatility, going as low as 36.39%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Teucrium 2x Daily Corn ETF | 36.39% | 4.25M | Dec 2024 | DZZ vs CXRN | |
| Roundhill Gold WeeklyPay ETF | 37.17% | 20.91M | Oct 2025 | DZZ vs GLDW | |
| Simplify Gold Strategy PLUS Income ETF | 41.62% | 40.09M | Dec 2024 | DZZ vs YGLD | |
| Teucrium 2x Daily Wheat ETF | 48.74% | 7.75M | Dec 2024 | DZZ vs WXET | |
| ProShares UltraShort Gold | 54.37% | 107.19M | Dec 2008 | DZZ vs GLL |
Lowest Drawdown Alternatives to DZZ
DZZ has a 1-year max drawdown of -81.05%. There are 13 ETFs in the Leveraged Commodities category with shallower 1-year drawdowns, going as shallow as -28.97%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Teucrium 2x Daily Corn ETF | -28.97% | 4.25M | Dec 2024 | DZZ vs CXRN | |
| Teucrium 2x Daily Wheat ETF | -29.75% | 7.75M | Dec 2024 | DZZ vs WXET | |
| ProShares Ultra Bloomberg Crude Oil | -32.37% | 358.86M | Nov 2008 | DZZ vs UCO | |
| Simplify Gold Strategy PLUS Income ETF | -40.91% | 40.09M | Dec 2024 | DZZ vs YGLD | |
| MicroSectors Oil & Gas Exploration & Production 3X... | -43.74% | 65.33M | Mar 2017 | DZZ vs OILU |
Other ETFs from Deutsche Bank
The 10 most viewed Deutsche Bank ETFs shown here include HDEF, SNPE, CN and span 7 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI EAFE High Dividend Yield Equity ETF | Foreign Large Cap Equities, Dividend | 40 | 4.97% | 2.14B | Aug 2015 | DZZ vs HDEF | |
| Xtrackers S&P 500 ESG ETF | S&P 500, ESG | 70 | 8.65% | 2.68B | Jun 2019 | DZZ vs SNPE | |
| Xtrackers MSCI All China Equity ETF | China Equities | — | — | 5.96M | Apr 2014 | DZZ vs CN | |
| Xtrackers Short Duration High Yield Bond ETF | High Yield Bonds | 63 | 1.36% | 266.29M | Jan 2018 | DZZ vs SHYL | |
| Xtrackers High Beta High Yield Bond ETF | High Yield Bonds | 49 | 1.83% | 43.71M | Jan 2018 | DZZ vs HYUP | |
| Xtrackers MSCI All World ex US Hedged Equity ETF | Foreign Large Cap Equities | 83 | 16.14% | 271.57M | Jan 2014 | DZZ vs DBAW | |
| Xtrackers Harvest CSI 500 China A-Shares Small Cap... | China Equities | 83 | 20.07% | 37.44M | May 2014 | DZZ vs ASHS | |
| Xtrackers MSCI USA ESG Leaders Equity ETF | Large Cap Growth Equities | 54 | 7.41% | 568.25M | Mar 2019 | DZZ vs USSG | |
| Xtrackers MSCI EAFE ESG Leaders Equity ETF | Foreign Large Cap Equities | 37 | 8.27% | 69.26M | Sep 2018 | DZZ vs EASG | |
| Xtrackers Low Beta High Yield Bond ETF | High Yield Bonds | 62 | 1.28% | 65.44M | Jan 2018 | DZZ vs HYDW |
Often Compared With DZZ
Investors most often compare DZZ with GLD, MULL, VOO. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare DZZ with Any Fund or Stock
Compare DZZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DZZ with funds that move differently
DB Gold Double Short Exchange Traded Notes alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DZZ.
Explore DZZ Diversifiers