Key stats
About Deutsche Bank AG (London Branch)
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Inception date
Jun 16, 2008
Structure
Exchange-Traded Note
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
ISIN
US25154K8412
This ETN was delisted on April 11, 2019, and now trades over-the-counter on the pink sheets. As a result, shareholders should anticipate ultra-wide spreads, minimal trading volumes, and prices well above or below NAVs. As a levered product, BDD is not a buy-and-hold ETF, it`s a short-term tactical instrument. Unlike most levered fundswhich usually reset dailyBDD offers 2x exposure over 1-month periods. Over any period longer than one month, or that doesn`t align with the start and stop dates (first and last day of the month), returns can vary significantly from the promised 2x exposure. Management fees are reasonable but, as a short-term product, trading costs are more important here. To that end, BDD is expensive to accessspreads are wide and volume is thin.
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Classification
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BDDXF assets under management is 260.55 K USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BDDXF expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, BDDXF is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, BDDXF doesn't pay dividends to its holders.
BDDXF shares are issued by Deutsche Bank AG
BDDXF follows the DBIQ Optimum Yield Industrial Metals (ER). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 16, 2008.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.