DGP vs. WPM
Compare and contrast key facts about DB Gold Double Long Exchange Traded Notes (DGP) and Wheaton Precious Metals Corp. (WPM).
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 WPM.
Performance
DGP vs. WPM - Performance Comparison
Returns By Period
In the year-to-date period, DGP achieves a 57.18% return, which is significantly higher than WPM's 30.07% return. Over the past 10 years, DGP has underperformed WPM with an annualized return of 11.03%, while WPM has yielded a comparatively higher 13.22% annualized return.
DGP
57.18%
-5.91%
26.08%
66.10%
19.18%
11.03%
WPM
30.07%
-7.14%
14.89%
36.20%
19.98%
13.22%
Key characteristics
| DGP | WPM | |
|---|---|---|
| Sharpe Ratio | 2.21 | 1.25 |
| Sortino Ratio | 2.79 | 1.75 |
| Omega Ratio | 1.35 | 1.22 |
| Calmar Ratio | 1.48 | 1.38 |
| Martin Ratio | 12.66 | 5.16 |
| Ulcer Index | 5.15% | 7.18% |
| Daily Std Dev | 29.53% | 29.71% |
| Max Drawdown | -75.31% | -86.74% |
| Current Drawdown | -8.19% | -7.14% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between DGP and WPM is 0.65, 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.
Risk-Adjusted Performance
DGP vs. WPM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DB Gold Double Long Exchange Traded Notes (DGP) and Wheaton Precious Metals Corp. (WPM). 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. WPM - Dividend Comparison
DGP has not paid dividends to shareholders, while WPM's dividend yield for the trailing twelve months is around 1.21%.
| 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% |
WPM Wheaton Precious Metals Corp. | 1.21% | 1.22% | 1.54% | 1.33% | 1.01% | 1.21% | 1.84% | 1.49% | 1.09% | 1.61% | 1.28% | 2.23% |
Drawdowns
DGP vs. WPM - Drawdown Comparison
The maximum DGP drawdown since its inception was -75.31%, smaller than the maximum WPM drawdown of -86.74%. Use the drawdown chart below to compare losses from any high point for DGP and WPM. For additional features, visit the drawdowns tool.
Volatility
DGP vs. WPM - Volatility Comparison
DB Gold Double Long Exchange Traded Notes (DGP) has a higher volatility of 11.56% compared to Wheaton Precious Metals Corp. (WPM) at 10.66%. This indicates that DGP's price experiences larger fluctuations and is considered to be riskier than WPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.