DGP vs. FNILX
Compare and contrast key facts about DB Gold Double Long Exchange Traded Notes (DGP) and Fidelity ZERO Large Cap Index Fund (FNILX).
DGP is a passively managed fund by Deutsche Bank that tracks the performance of the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold (200%). It was launched on Feb 27, 2008. FNILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGP or FNILX.
Performance
DGP vs. FNILX - Performance Comparison
Returns By Period
In the year-to-date period, DGP achieves a 57.18% return, which is significantly higher than FNILX's 26.77% return.
DGP
57.18%
-5.91%
26.08%
66.10%
19.18%
11.03%
FNILX
26.77%
2.15%
14.10%
33.15%
15.81%
N/A
Key characteristics
| DGP | FNILX | |
|---|---|---|
| Sharpe Ratio | 2.21 | 2.71 |
| Sortino Ratio | 2.79 | 3.60 |
| Omega Ratio | 1.35 | 1.50 |
| Calmar Ratio | 1.48 | 3.90 |
| Martin Ratio | 12.66 | 17.67 |
| Ulcer Index | 5.15% | 1.90% |
| Daily Std Dev | 29.53% | 12.40% |
| Max Drawdown | -75.31% | -33.75% |
| Current Drawdown | -8.19% | -0.70% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DGP vs. FNILX - Expense Ratio Comparison
DGP has a 0.75% expense ratio, which is higher than FNILX's 0.00% expense ratio.
Correlation
The correlation between DGP and FNILX is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
DGP vs. FNILX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DB Gold Double Long Exchange Traded Notes (DGP) and Fidelity ZERO Large Cap Index Fund (FNILX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DGP vs. FNILX - Dividend Comparison
DGP has not paid dividends to shareholders, while FNILX's dividend yield for the trailing twelve months is around 1.06%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
DGP DB Gold Double Long Exchange Traded Notes | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.06% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.41% |
Drawdowns
DGP vs. FNILX - Drawdown Comparison
The maximum DGP drawdown since its inception was -75.31%, which is greater than FNILX's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for DGP and FNILX. For additional features, visit the drawdowns tool.
Volatility
DGP vs. FNILX - Volatility Comparison
DB Gold Double Long Exchange Traded Notes (DGP) has a higher volatility of 11.56% compared to Fidelity ZERO Large Cap Index Fund (FNILX) at 4.02%. This indicates that DGP's price experiences larger fluctuations and is considered to be riskier than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.