DV
Dividend Vision

DGP — DB Gold Double Long ETN

DB Gold Double Long ETN (DGP)

DGP pays a 0.00% distribution rate, on a 0.75% expense ratio. Total return is 512.8% over the past 18.5 years, 183.6 points behind SPY at 696.4%. Its deepest 1-year drawdown was 47.6%.

DB Gold Double Long ETN seeks to track twice the daily performance of gold prices through a leveraged commodity futures strategy. As an exchange-traded note with a 0.75% annual expense ratio, it provides no income distributions and is designed for traders seeking amplified exposure to gold price movements rather than yield. This product appeals primarily to tactical traders and speculators betting on near-term gold appreciation, not income-focused investors.

DGP key facts

Issuer
Deutsche Bank
Asset type
ETN
Asset class
Commodity
Inception date
02/27/2008
Expense ratio
0.75%
Distribution rate
0.00%
Last close
$157.49
AUM
$200,101,100
Average volume
175400.0
Beta
0.59