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DGP vs. IAUM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DGP and IAUM is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

DGP vs. IAUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DB Gold Double Long Exchange Traded Notes (DGP) and iShares Gold Trust Micro ETF of Benef Interest (IAUM). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
77.53%
47.84%
DGP
IAUM

Key characteristics

Sharpe Ratio

DGP:

1.89

IAUM:

1.96

Sortino Ratio

DGP:

2.40

IAUM:

2.59

Omega Ratio

DGP:

1.31

IAUM:

1.34

Calmar Ratio

DGP:

1.28

IAUM:

3.61

Martin Ratio

DGP:

9.94

IAUM:

10.33

Ulcer Index

DGP:

5.68%

IAUM:

2.83%

Daily Std Dev

DGP:

29.81%

IAUM:

14.92%

Max Drawdown

DGP:

-75.31%

IAUM:

-20.87%

Current Drawdown

DGP:

-11.26%

IAUM:

-5.90%

Returns By Period

In the year-to-date period, DGP achieves a 51.93% return, which is significantly higher than IAUM's 27.04% return.


DGP

YTD

51.93%

1M

-1.32%

6M

23.53%

1Y

54.81%

5Y*

17.97%

10Y*

11.10%

IAUM

YTD

27.04%

1M

-0.95%

6M

12.95%

1Y

28.22%

5Y*

N/A

10Y*

N/A

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DGP vs. IAUM - Expense Ratio Comparison

DGP has a 0.75% expense ratio, which is higher than IAUM's 0.15% expense ratio.


DGP
DB Gold Double Long Exchange Traded Notes
Expense ratio chart for DGP: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for IAUM: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

DGP vs. IAUM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DB Gold Double Long Exchange Traded Notes (DGP) and iShares Gold Trust Micro ETF of Benef Interest (IAUM). 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.


Sharpe ratio
The chart of Sharpe ratio for DGP, currently valued at 1.89, compared to the broader market0.002.004.001.891.96
The chart of Sortino ratio for DGP, currently valued at 2.40, compared to the broader market-2.000.002.004.006.008.0010.002.402.59
The chart of Omega ratio for DGP, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.001.311.34
The chart of Calmar ratio for DGP, currently valued at 1.65, compared to the broader market0.005.0010.0015.001.653.61
The chart of Martin ratio for DGP, currently valued at 9.94, compared to the broader market0.0020.0040.0060.0080.00100.009.9410.33
DGP
IAUM

The current DGP Sharpe Ratio is 1.89, which is comparable to the IAUM Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of DGP and IAUM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.89
1.96
DGP
IAUM

Dividends

DGP vs. IAUM - Dividend Comparison

Neither DGP nor IAUM has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

DGP vs. IAUM - Drawdown Comparison

The maximum DGP drawdown since its inception was -75.31%, which is greater than IAUM's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for DGP and IAUM. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.26%
-5.90%
DGP
IAUM

Volatility

DGP vs. IAUM - Volatility Comparison

DB Gold Double Long Exchange Traded Notes (DGP) has a higher volatility of 10.76% compared to iShares Gold Trust Micro ETF of Benef Interest (IAUM) at 5.21%. This indicates that DGP's price experiences larger fluctuations and is considered to be riskier than IAUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
10.76%
5.21%
DGP
IAUM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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