DGP vs. LYFT
Compare and contrast key facts about DB Gold Double Long Exchange Traded Notes (DGP) and Lyft, Inc. (LYFT).
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 LYFT.
Key characteristics
| DGP | LYFT | |
|---|---|---|
| YTD Return | 48.73% | -24.28% |
| 1Y Return | 67.11% | 0.09% |
| 3Y Return (Ann) | 18.81% | -39.29% |
| 5Y Return (Ann) | 16.84% | -24.48% |
| Sharpe Ratio | 2.37 | 0.01 |
| Daily Std Dev | 28.59% | 68.82% |
| Max Drawdown | -75.31% | -89.79% |
| Current Drawdown | -10.35% | -85.50% |
Correlation
The correlation between DGP and LYFT is 0.07, 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. LYFT - Performance Comparison
In the year-to-date period, DGP achieves a 48.73% return, which is significantly higher than LYFT's -24.28% 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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Risk-Adjusted Performance
DGP vs. LYFT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DB Gold Double Long Exchange Traded Notes (DGP) and Lyft, Inc. (LYFT). 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. LYFT - Dividend Comparison
Neither DGP nor LYFT has paid dividends to shareholders.
Drawdowns
DGP vs. LYFT - Drawdown Comparison
The maximum DGP drawdown since its inception was -75.31%, smaller than the maximum LYFT drawdown of -89.79%. Use the drawdown chart below to compare losses from any high point for DGP and LYFT. For additional features, visit the drawdowns tool.
Volatility
DGP vs. LYFT - Volatility Comparison
The current volatility for DB Gold Double Long Exchange Traded Notes (DGP) is 7.72%, while Lyft, Inc. (LYFT) has a volatility of 13.84%. This indicates that DGP experiences smaller price fluctuations and is considered to be less risky than LYFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.