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Upturn AI SWOT - About
DB Gold Double Short ETN (DZZ)
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Upturn Advisory Summary
10/10/2025: DZZ (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -54.78% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/10/2025 |
Key Highlights
Volume (30-day avg) - | Beta -0.7 | 52 Weeks Range 1.35 - 2.19 | Updated Date 06/29/2025 |
52 Weeks Range 1.35 - 2.19 | Updated Date 06/29/2025 |
Upturn AI SWOT
DB Gold Double Short ETN
ETF Overview
Overview
The DB Gold Double Short ETN (DGZ) is an exchange-traded note that seeks to provide investors with inverse leveraged exposure to the daily performance of gold. It is designed for sophisticated investors who believe the price of gold will decline.
Reputation and Reliability
Deutsche Bank's exchange-traded notes have faced scrutiny. Its reputation has been impacted by regulatory issues.
Management Expertise
Deutsche Bank's management expertise in financial products is generally considered strong, but ETN products have risks.
Investment Objective
Goal
To seek to provide investors with inverse leveraged exposure to the daily performance of gold.
Investment Approach and Strategy
Strategy: DGZ aims to deliver twice the inverse (opposite) of the daily performance of the DBIQ Optimum Yield Gold Index Excess Return.
Composition DGZ is an ETN, meaning it holds no physical assets. Its value is linked to the performance of the underlying index.
Market Position
Market Share: DGZ's market share is relatively small as it is a niche, leveraged product.
Total Net Assets (AUM): 3000000
Competitors
Key Competitors
- GLD
- IAU
- GDX
- DUST
Competitive Landscape
The ETF industry is highly competitive. DGZ offers leveraged inverse exposure, making it distinct. DGZ's higher risk is a disadvantage, while inverse leverage can provide unique opportunities.
Financial Performance
Historical Performance: Due to its leveraged and inverse nature, past performance is not indicative of future results. Performance is highly volatile and dependent on daily gold price movements.
Benchmark Comparison: The benchmark is the DBIQ Optimum Yield Gold Index Excess Return. DGZ aims to deliver twice the inverse of its daily performance.
Expense Ratio: 0.75
Liquidity
Average Trading Volume
DGZ's average trading volume can fluctuate, and has low relative volume indicating potentially less liquid trading, which adds to the risk.
Bid-Ask Spread
The bid-ask spread varies and it can widen particularly during periods of market volatility making it an expensive investment option.
Market Dynamics
Market Environment Factors
Gold prices are affected by economic indicators, inflation, interest rates, and geopolitical events. Volatility in these factors will impact DGZ.
Growth Trajectory
DGZ's growth is tied to investor demand for leveraged inverse gold exposure. The ETN holdings and strategy remain consistent.
Moat and Competitive Advantages
Competitive Edge
DGZ's competitive advantage lies in its offering of double-short exposure to gold, catering to a specific niche of sophisticated investors who have a short-term bearish outlook on gold. This specialization allows investors to potentially profit from a decline in gold prices at twice the rate. It's also important to remember that ETNs don't own the commodities but are debt securities with risks from issuer creditworthiness. Unlike competitors, the daily reset of the leverage, which can significantly erode returns over extended periods due to compounding and volatility, makes it a high-risk, high-reward instrument.
Risk Analysis
Volatility
DGZ is extremely volatile due to its leveraged nature. Small changes in gold prices can result in significant gains or losses.
Market Risk
DGZ is highly exposed to the risk of gold price fluctuations, which can be influenced by various market factors and other economic indicators.
Investor Profile
Ideal Investor Profile
DGZ is suited for sophisticated investors with a high-risk tolerance and a short-term bearish view on gold. It is not suitable for long-term buy and hold investors.
Market Risk
DGZ is best for active traders seeking short-term gains from a decline in gold prices. It is not suitable for passive index followers or long-term investors.
Summary
DGZ is a leveraged inverse ETN designed for short-term speculation on gold prices. It aims to deliver twice the inverse of the daily performance of a gold index. Its high volatility and leveraged nature make it unsuitable for long-term investment. Investors should understand the risks involved before investing in DGZ.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ETFdb.com
- Issuer websites
- Various financial news sources
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on your own research and risk assessment.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About DB Gold Double Short ETN
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The index is intended to reflect changes in the market value of certain gold futures contracts and is comprised of a single unfunded gold futures contract.
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