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.
Key characteristics
| DGP | FNILX | |
|---|---|---|
| YTD Return | 25.00% | 6.29% |
| 1Y Return | 26.96% | 27.39% |
| 3Y Return (Ann) | 12.41% | 7.58% |
| 5Y Return (Ann) | 19.02% | 13.37% |
| Sharpe Ratio | 0.99 | 2.27 |
| Daily Std Dev | 25.62% | 11.87% |
| Max Drawdown | -75.31% | -33.75% |
| Current Drawdown | -24.65% | -3.81% |
Correlation
The correlation between DGP and FNILX is 0.03, 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.
Performance
DGP vs. FNILX - Performance Comparison
In the year-to-date period, DGP achieves a 25.00% return, which is significantly higher than FNILX's 6.29% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DGP vs. FNILX - Expense Ratio Comparison
DGP has a 0.75% expense ratio, which is higher than FNILX's 0.00% expense ratio.
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 1.26%.
| 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 | 1.26% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.53% |
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 9.83% compared to Fidelity ZERO Large Cap Index Fund (FNILX) at 3.65%. 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.