DGP vs. GFI
Compare and contrast key facts about DB Gold Double Long Exchange Traded Notes (DGP) and Gold Fields Limited (GFI).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGP or GFI.
Key characteristics
| DGP | GFI | |
|---|---|---|
| YTD Return | 48.73% | 0.92% |
| 1Y Return | 67.11% | 17.68% |
| 3Y Return (Ann) | 18.81% | 21.39% |
| 5Y Return (Ann) | 16.84% | 29.63% |
| 10Y Return (Ann) | 9.64% | 14.78% |
| Sharpe Ratio | 2.37 | 0.35 |
| Daily Std Dev | 28.59% | 49.64% |
| Max Drawdown | -75.31% | -89.38% |
| Current Drawdown | -10.35% | -20.93% |
Correlation
The correlation between DGP and GFI is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DGP vs. GFI - Performance Comparison
In the year-to-date period, DGP achieves a 48.73% return, which is significantly higher than GFI's 0.92% return. Over the past 10 years, DGP has underperformed GFI with an annualized return of 9.64%, while GFI has yielded a comparatively higher 14.78% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
DGP vs. GFI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DB Gold Double Long Exchange Traded Notes (DGP) and Gold Fields Limited (GFI). 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. GFI - Dividend Comparison
DGP has not paid dividends to shareholders, while GFI's dividend yield for the trailing twelve months is around 2.75%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGP DB Gold Double Long Exchange Traded Notes | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GFI Gold Fields Limited | 2.75% | 2.85% | 3.29% | 3.29% | 1.68% | 0.82% | 1.57% | 1.78% | 1.58% | 0.70% | 0.85% | 2.55% |
Drawdowns
DGP vs. GFI - Drawdown Comparison
The maximum DGP drawdown since its inception was -75.31%, smaller than the maximum GFI drawdown of -89.38%. Use the drawdown chart below to compare losses from any high point for DGP and GFI. For additional features, visit the drawdowns tool.
Volatility
DGP vs. GFI - Volatility Comparison
The current volatility for DB Gold Double Long Exchange Traded Notes (DGP) is 7.72%, while Gold Fields Limited (GFI) has a volatility of 13.05%. This indicates that DGP experiences smaller price fluctuations and is considered to be less risky than GFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.