DB Gold Short ETN (DGZ) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 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 Short ETN (DGZ) trades at $5.36. DB Gold Short ETN (DGZ) is an exchange-traded note designed to provide inverse exposure to the daily performance of gold futures. Sector: Financials.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for DGZ: DGZ 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 Short ETN (DGZ) Financial Services Profile
DB Gold Short ETN (DGZ) offers investors a way to gain inverse exposure to gold futures contracts, providing a tool for hedging or speculation against potential declines in gold prices. As an exchange-traded note, DGZ tracks the performance of a single unfunded gold futures contract, operating within the broader asset management sector.
What Is the Investment Thesis for DGZ?
DGZ offers a specialized tool for investors seeking inverse exposure to gold futures, appealing to those with a bearish outlook on gold prices. The primary value driver is the potential for gains when gold futures decline, making it attractive for hedging or speculative purposes. However, the ETN's performance is directly linked to the volatility of gold futures, and any unexpected increase in gold prices could lead to significant losses. The ETN also carries credit risk associated with the issuer, Deutsche Bank, which investors must consider. With a beta of -0.48, DGZ demonstrates an inverse correlation to the broader market, further highlighting its role as a hedging instrument. Investors should closely monitor gold market trends and understand the risks associated with leveraged and inverse products before investing in DGZ.
Based on FMP financials and quantitative analysis
DGZ Key Highlights
DGZ provides inverse exposure to gold futures, allowing investors to potentially profit from declining gold prices.
- The ETN is comprised of a single unfunded gold futures contract, making its value directly tied to gold futures performance.
- DGZ has a beta of -0.48, indicating an inverse correlation with the broader market.
- As an ETN, DGZ carries credit risk related to the issuer, Deutsche Bank.
- DGZ does not pay a dividend.
Who Are DGZ's Competitors?
DGZ is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BWET Breakwave Tanker Shipping ETF | $873.00 | +5.67% | $118M | — |
| SCC ProShares - UltraShort Consumer Discretionary | $16.24 | -2.23% | $7.28M | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 49 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 67 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 55 5-pillar |
| BAM Brookfield Asset Management | $44.85 | +0.65% | $71.6B | 58 5-pillar |
| AMP Ameriprise Financial, Inc. | $490.91 | -0.79% | $44.1B | 76 5-pillar |
| ARES Ares Management Corporation | $117.55 | +0.84% | $38.6B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are DGZ's Key Strengths?
Provides a direct and liquid way to gain inverse exposure to gold futures.
- Can be used as a hedging tool against potential declines in gold prices.
- Offers short-term trading opportunities.
- Relatively low expense ratio compared to some other inverse products.
What Are DGZ's Weaknesses?
Subject to significant volatility due to the leveraged nature of futures contracts.
- Performance can be negatively impacted by contango in the gold futures market.
- Carries credit risk related to the issuer, Deutsche Bank.
- Not suitable for long-term investors or those with a low-risk tolerance.
What Are the Key Risks for DGZ?
Unexpected increases in gold prices leading to losses.
- Credit risk associated with the issuer, Deutsche Bank.
- Regulatory changes impacting commodity futures markets.
- Volatility in gold futures markets.
- Impact of contango on ETN performance.
What Threats Does DGZ Face?
- Unexpected increases in gold prices can lead to significant losses.
- Changes in regulations governing commodity futures markets.
- Competition from other inverse ETFs and ETNs.
- Deterioration of Deutsche Bank's creditworthiness.
What Are DGZ's Competitive Advantages?
- First-mover advantage in offering a specific inverse gold futures product.
- Established brand recognition within the ETN market.
- Proprietary index tracking methodology.
- Liquidity and trading volume on major exchanges.
What Does DGZ Do?
The DB Gold Short ETN (DGZ) provides investors with a mechanism to potentially profit from a decrease in the price of gold futures. Unlike traditional gold investments that benefit from rising gold prices, DGZ is structured to deliver the inverse of the daily performance of certain gold futures contracts. This exchange-traded note is designed for sophisticated investors who understand the complexities of futures markets and are seeking to hedge existing gold positions or speculate on a decline in gold prices. DGZ is comprised of a single unfunded gold futures contract, meaning the fund does not directly hold physical gold. Instead, it uses financial instruments to track the inverse performance of gold futures. The value of DGZ is directly tied to the fluctuations in these futures contracts, making it a potentially volatile investment. As an ETN, DGZ carries credit risk related to the issuer, Deutsche Bank. Investors should carefully consider this risk before investing. DGZ is not suitable for all investors and should only be considered as part of a well-diversified portfolio.
What Products and Services Does DGZ Offer?
- Provides inverse exposure to the daily performance of gold futures contracts.
- Allows investors to potentially profit from a decline in gold prices.
- Tracks the performance of a single unfunded gold futures contract.
- Offers a tool for hedging existing gold positions.
- Provides a means for speculation on the direction of gold prices.
- Trades on exchanges like a stock.
How Does DGZ Make Money?
- DGZ generates revenue through management fees charged to investors.
- The fees are typically a percentage of the assets under management.
- The value of DGZ is directly tied to the performance of gold futures contracts.
What Industry Does DGZ Operate In?
DGZ operates within the asset management industry, specifically catering to investors seeking inverse exposure to commodities. The market for inverse and leveraged ETFs and ETNs has grown, driven by investors looking for short-term trading opportunities and hedging strategies. The competitive landscape includes other commodity-linked ETNs and ETFs, each with varying exposures and risk profiles. DGZ's focus on gold futures positions it within the precious metals segment, which is influenced by macroeconomic factors, geopolitical events, and investor sentiment. The asset management industry is subject to regulatory oversight and market volatility, impacting the performance and risk associated with products like DGZ.
Who Are DGZ's Key Customers?
- Sophisticated investors seeking inverse exposure to gold.
- Hedge funds and institutional investors.
- Traders looking for short-term speculation opportunities.
- Investors seeking to hedge existing gold positions.
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
MoonshotScore History
Recorded daily since 2026-08-23 · 41 snapshots
| 2026-08-23 | 44 |
| 2026-08-31 | 44 |
| 2026-09-08 | 44 |
| 2026-09-16 | 44 |
| 2026-09-24 | 44 |
| 2026-10-04 | 44 |
What changed?
The score has stayed at 44.
Over the same 30 days the stock moved +7.5%.
DGZ Financials
Bull Case vs Bear Case
Bull Case
- Provides a direct and liquid way to gain inverse exposure to gold futures.
- Can be used as a hedging tool against potential declines in gold prices.
- Offers short-term trading opportunities.
- Relatively low expense ratio compared to some other inverse products.
Bear Case
- Subject to significant volatility due to the leveraged nature of futures contracts.
- Performance can be negatively impacted by contango in the gold futures market.
- Carries credit risk related to the issuer, Deutsche Bank.
- Not suitable for long-term investors or those with a low-risk tolerance.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
DGZ Latest News
No recent news available for DGZ.
DGZ Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for DGZ.
Price Targets
Wall Street price target analysis for DGZ.
DGZ MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for DGZ; grades run from A+ (80-100) to F (below 30).
DB Gold Short ETN Financials Stock: Key Questions Answered
What does DB Gold Short ETN do?
DB Gold Short ETN (DGZ) is designed to provide the inverse of the daily performance of certain gold futures contracts. It offers investors a way to potentially profit from a decline in gold prices without directly shorting gold futures.
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 available data and may be subject to change.
- Investors should conduct their own due diligence before making any investment decisions.