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.
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.
Performance
DGP vs. FNILX - Performance Comparison
Key characteristics
DGP:
1.89
FNILX:
2.13
DGP:
2.40
FNILX:
2.84
DGP:
1.31
FNILX:
1.39
DGP:
1.28
FNILX:
3.15
DGP:
9.94
FNILX:
13.80
DGP:
5.68%
FNILX:
1.97%
DGP:
29.81%
FNILX:
12.77%
DGP:
-75.31%
FNILX:
-33.75%
DGP:
-11.26%
FNILX:
-3.70%
Returns By Period
In the year-to-date period, DGP achieves a 51.93% return, which is significantly higher than FNILX's 25.28% return.
DGP
51.93%
-1.32%
23.53%
54.81%
17.97%
11.10%
FNILX
25.28%
-0.61%
8.70%
25.91%
14.69%
N/A
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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 0.02%.
| 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 | 0.02% | 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 10.76% compared to Fidelity ZERO Large Cap Index Fund (FNILX) at 4.08%. 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.