Key stats
About DB Gold Short ETN due February 15, 2038
Expense ratio
0.75%
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Inception date
Feb 27, 2008
DGZ, unlike most leveraged and inverse products, is designed to provide -1x exposure to its index on a monthly rather than daily basis. Still, the same caution applies: Investors holding it beyond the next reset date will be subject to the effects of compounding a dynamic that can cause the notes performance to drift from its promised -1x exposure. The notes index tracks a single futures contract on gold, determined to be least influenced by contango. The index measures the changes in the price of the gold futures contract, the returns from rolling those contracts over, and the cost of borrowing (collateral) as measured by the 3-month Treasury bill. Structured as an ETN, DGZ carries the counterparty risk of its issuer.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history