DB Gold Double Long ETN (DGP) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.96: the stock has moved about 4% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerDB Gold Double Long ETN (DGP) trades at $147.14. DB Gold Double Long ETN (DGP) aims to reflect the changes in market value of gold futures contracts. The ETN is comprised of a single unfunded gold futures contract. Sector: Financials.
Price as of · Last analyzed: Mar 18, 2026Analyst Coverage for DGP: DGP does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
DB Gold Double Long ETN (DGP) Financial Services Profile
DB Gold Double Long ETN (DGP) provides investors with leveraged exposure to gold futures contracts, seeking to mirror twice the daily performance of a single gold futures contract. As an exchange-traded note, it offers a unique instrument for those looking to capitalize on short-term gold price movements, albeit with inherent risks.
What Is the Investment Thesis for DGP?
DGP offers a way to gain leveraged exposure to gold futures, appealing to investors with a short-term bullish outlook on gold. However, the ETN's leveraged nature and structure as a debt security introduce significant risks. The daily reset feature can lead to erosion of value over time, especially in volatile markets. Investors should carefully consider the risks associated with leverage, the credit risk of the issuer (Deutsche Bank), and the potential for significant losses. The ETN is suitable only for sophisticated investors with a high-risk tolerance and a clear understanding of futures contracts and leveraged products. Given the current market cap of $0.24B and a beta of 0.96, DGP's price movements are closely correlated with gold prices, but with amplified volatility.
Based on FMP financials and quantitative analysis
DGP Key Highlights
DGP provides leveraged exposure to gold futures contracts, aiming for twice the daily performance of its underlying index.
- As an Exchange Traded Note (ETN), DGP is subject to the credit risk of the issuer, Deutsche Bank.
- The ETN is designed for short-term trading and is not suitable for long-term investment strategies due to the effects of compounding and potential erosion of value.
- DGP's market cap is $0.24B, indicating a relatively small size compared to other gold investment vehicles.
- With a beta of 0.96, DGP's price movements are closely correlated with gold prices, but with amplified volatility due to its leveraged structure.
Who Are DGP's Competitors?
DGP is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BFEB Innovator U.S. Equity Buffer ETF | $54.32 | +0.57% | $259M | — |
| CPER United States Copper Index Fund | $39.52 | +0.03% | $250M | — |
| DBP Invesco DB Precious Metals Fund | $94.90 | -1.05% | $214M | — |
| EDGF 3EDGE Dynamic Fixed Income ETF | $24.32 | 0.00% | $231M | — |
| EWZS iShares MSCI Brazil Small-Cap ETF | $13.70 | +2.91% | $151M | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 51 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are DGP's Key Strengths?
Leveraged exposure to gold futures.
- Convenient trading through an ETN structure.
- Potential for high returns in a rising gold market.
What Are DGP's Weaknesses?
High risk due to leverage.
- Subject to the credit risk of the issuer (Deutsche Bank).
- Potential for erosion of value over time due to daily reset feature.
What Are the Key Risks for DGP?
Significant losses due to the leveraged nature of the ETN.
- Credit risk associated with Deutsche Bank as the issuer.
- Erosion of value over time due to the daily reset feature.
- Fluctuations in gold prices impacting the ETN's value.
- Changes in regulations affecting leveraged products.
What Threats Does DGP Face?
- Fluctuations in gold prices.
- Changes in interest rates.
- Competition from other gold investment vehicles.
- Regulatory changes affecting leveraged products.
What Are DGP's Competitive Advantages?
- Leveraged Exposure: DGP offers a unique leveraged exposure to gold futures, differentiating it from traditional gold investments.
- Exchange Traded Note (ETN) Structure: The ETN structure provides a convenient way to trade gold futures without directly managing futures contracts.
- Brand Recognition: Deutsche Bank's reputation as a financial institution adds credibility to the ETN.
What Does DGP Do?
The DB Gold Double Long ETN (DGP) is designed to provide investors with a leveraged return based on the performance of gold futures contracts. Unlike traditional gold investments that involve physical gold or gold mining companies, DGP offers a synthetic exposure to gold prices through futures contracts. The ETN aims to deliver twice the daily performance of the Deutsche Bank Liquid Commodity Index – Optimum Yield Gold, which tracks a single unfunded gold futures contract. This leverage magnifies both gains and losses, making it a high-risk, high-reward investment vehicle suited for sophisticated investors with a short-term outlook. DGP's structure as an Exchange Traded Note (ETN) means it is a debt security issued by Deutsche Bank, and its performance is linked to the underlying gold futures index. Investors should be aware that the ETN's value is subject to the credit risk of the issuer, in addition to the fluctuations in gold prices. The ETN is designed for short-term trading and is not intended for long-term investment strategies due to the effects of compounding and potential erosion of value over time. The ETN provides a way for investors to express a bullish view on gold prices without directly owning gold or investing in gold mining companies.
What Products and Services Does DGP Offer?
- Provides leveraged exposure to gold futures contracts.
- Aims to deliver twice the daily performance of a gold futures index.
- Offers a synthetic exposure to gold prices without direct ownership of physical gold.
- Allows investors to express a bullish view on gold prices.
- Trades on exchanges like a stock.
- Tracks the Deutsche Bank Liquid Commodity Index – Optimum Yield Gold.
How Does DGP Make Money?
- DGP generates revenue through investor trading activity.
- The ETN's value is linked to the performance of gold futures contracts.
- Deutsche Bank, as the issuer, earns fees for managing and administering the ETN.
What Industry Does DGP Operate In?
The asset management industry is evolving, with investors seeking diverse strategies to navigate market volatility. Gold, traditionally a safe-haven asset, attracts interest during economic uncertainty. Leveraged ETNs like DGP cater to investors seeking amplified returns, but they also introduce higher risk. The competitive landscape includes other gold-related ETFs and ETNs, each with varying degrees of leverage and risk profiles. The industry faces increasing regulatory scrutiny regarding the suitability of complex products for retail investors. As of 2026, the asset management industry continues to adapt to technological advancements and changing investor preferences.
Who Are DGP's Key Customers?
- Sophisticated investors seeking leveraged exposure to gold.
- Short-term traders looking to capitalize on gold price movements.
- Investors with a high-risk tolerance.
- Investors who understand futures contracts and leveraged products.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
DGP Financials
Bull Case vs Bear Case
Bull Case
- Leveraged exposure to gold futures.
- Convenient trading through an ETN structure.
- Potential for high returns in a rising gold market.
- Upcoming: Release of economic data impacting gold prices (e.g., inflation reports, GDP growth).
Bear Case
- High risk due to leverage.
- Subject to the credit risk of the issuer (Deutsche Bank).
- Potential for erosion of value over time due to daily reset feature.
- Potential: Significant losses due to the leveraged nature of the ETN.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
DGP Latest News
DGP Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for DGP.
Price Targets
Wall Street price target analysis for DGP.
DGP MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for DGP; grades run from A+ (80-100) to F (below 30).
What Investors Ask About DB Gold Double Long ETN (DGP) — Financials
What are the main risks for DGP?
The main risks for DGP include the leveraged nature of the ETN, which can magnify both gains and losses. The ETN is also subject to the credit risk of the issuer, Deutsche Bank. Additionally, the daily reset feature can lead to erosion of value over time, especially in volatile markets.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- The information provided is based on publicly available data and should not be considered investment advice.
- Investors should conduct their own due diligence before making any investment decisions.