FundNYSEARCACommodities (Gold ETNs)

DB Gold Short ETN

DGZ NYSE Arca

The DB Gold Short ETN (DGZ) is one of Deutsche Bank's legacy exchange-traded notes. DGZ has minimal assets and negligible daily trading

5.00USD
−1.09 (−17.90%) 1 Year · close Oct 30

Hover to inspectDrag to measure a move← → to step through days

Fund size
12.9M
as of Apr 2019
Dividend yield
0.00%
Trailing 12 months
Volatility · 1Y
77.0%
High Risk
Beta
-0.14
vs the market
52-week range
4.477.04
01 Performance

How DGZ has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Oct 30
Subpar performance Select a period to update every chart on the page.

Total return vs price return

Price only
0.0 pts
-30%-20%-10%0%10% DGZ −17.9% Price −17.9%

Over 1 year, DGZ returned −17.9% with dividends reinvested — dividends added 0.0 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
77.0%High Risk

A typical year sees the price swing about ±77% around its trend.

Drawdown from peak

How far below its previous high the price has been
−35.8%
0%-21%−35.8%

Deepest fall −35.8% on Mar 10, 2026 — 126 days after the previous high
More than 5% below a high 98% of the time.

Market sensitivity

Beta
Market moves+10.0%
DGZ tends to move−1.4%

A beta of -0.14 means DGZ has moved less than the market.

Sharpe ratio -0.51 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Downtrend
5.00
  • 12-day average5.32 −6.0%
  • 26-day average5.34 −6.4%
  • 50-day average5.36 −6.7%
  • 200-day average5.54 −9.7%

The price is above 0 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.

Relative strength (RSI)

Neutral
OversoldOverbought43.7

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Fund

Inside the fund

Commodities (Gold ETNs) · Inverse Gold ETNs — tracking the DBIQ Optimum Yield Gold TR USD.

  • Assets under management12.9MUSD
  • Risk score5.6Medium

Launched February 2008. Fund data as of Apr 11, 2019.

05 Themes

Where DGZ shows up

Curated themes and indices that hold DGZ. Open one to see it in context, or test the whole theme in a portfolio.

06 Profile

About DB Gold Short ETN

The DB Gold Short ETN (DGZ) is one of Deutsche Bank's legacy exchange-traded notes. DGZ has minimal assets and negligible daily trading

  • Featured in 1 curated theme
Ticker
DGZ
Exchange
NYSE Arca
ISIN
US25154H7310
CUSIP
25154H731
Currency
U.S. Dollar (USD)
Country
USA
Sector
Commodities (Gold ETNs)
Industry
Inverse Gold ETNs
Benchmark
DBIQ Optimum Yield Gold TR USD
All key statistics

Details

NameDB Gold Short ETN
TickerDGZ
ISINUS25154H7310
CUSIP25154H731
ExchangeNYSEARCA
CategoryCommodities (Gold ETNs)
Sub CategoryInverse Gold ETNs
CountryUSA
CurrencyU.S. Dollar
Inception DateFeb 29, 2008
BenchmarkDBIQ Optimum Yield Gold TR USD

Shareas of Oct 30, 2026

Close Price USD5.00
52W Low / High 4.47 / 7.04
1Y Total Return-24.70%
Subpar
1Y Volatility76.26%
High Risk
Beta-0.14
12M Dividends0.000
Last Dividend Date-
Dist. Frequency-
Dividend Yield0.00%

Dataas of Apr 11, 2019

AUM13 M
Discount/Premium4.930%
NAV-
Shares Outstanding-
Volume 20D Avg6.1 K
Nbr of Holdings0
Risk RankMedium
Net Expense-
Options availableNo
Next step

Put DGZ to the test

See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.

Test DGZ in a portfolio

Data for information only, not investment advice. Past performance does not guarantee future results.