DB Gold Double Short ETN due February 15, 2038

No trades
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Key stats

Assets under management (AUM)
‪4.48 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
2.8%

About DB Gold Double Short ETN due February 15, 2038

Issuer
Deutsche Bank AG
Brand
DB
Expense ratio
0.75%
Home page
Inception date
Feb 27, 2008
Index tracked
Deutsche Bank Liquid Commodity Index - Optimum Yield Gold Excess Return
Management style
Passive
ISIN
US25154H7567
DZZ is a geared inverse ETN promising -2x the daily return of an optimized gold index wherein gold futures contracts are chosen to minimize the effects of contango. The index selects its contracts based on the shape of the futures curve. As a geared product, DZZ is designed to be used as a tactical tool, not as a buy-and-hold investment. Investors holding the note for longer than a day will be subject to the effects of compounding, which can cause the realized performance to drift greatly from its -2x exposure over longer holding periods. Therefore, traders and investors with longer timelines will need to rebalance their positions to maintain the -2x multiple. Structured as an ETN, DZZ carries the counterparty risk of its issuer.
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy