(DGP) DB Gold Double Long ETN - Overview
Etf: Gold, Futures, Index
| Risk 5d forecast | |
|---|---|
| Volatility | 96.8% |
| Relative Tail Risk | -2.52% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.24 |
| Alpha | 163.73 |
| Character TTM | |
|---|---|
| Beta | 0.134 |
| Beta Downside | -0.351 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.96% |
| CAGR/Max DD | 3.20 |
Description: DGP DB Gold Double Long ETN January 02, 2026
The DB Gold Double Long ETN (NYSE ARCA:DGP) tracks the market value of a single, unfunded gold futures contract, delivering approximately 2× long exposure to front-month gold futures. As a leveraged commodity ETN issued in the United States, it is classified under “Trading-Leveraged Commodities” and trades like an ETF, though it is technically a debt instrument.
Key metrics (as of the most recent filing) include an expense ratio of roughly 0.75% annualized and a daily reset mechanism that compounds leverage over longer horizons, making it best suited for short-term tactical positions. Performance is driven primarily by the price of gold futures, which in turn reacts to real interest-rate differentials, US inflation expectations, and the strength of the U.S. dollar. Recent data show front-month gold futures open interest at about 150 million contracts and a 30-day implied volatility near 20%, both of which can amplify DGP’s price swings.
For a deeper quantitative breakdown and scenario analysis, you may find ValueRay’s analytics platform useful for evaluating leveraged gold exposure under different macro-economic assumptions.
What is the price of DGP shares?
Over the past week, the price has changed by +4.45%, over one month by +20.09%, over three months by +49.62% and over the past year by +169.45%.
Is DGP a buy, sell or hold?
What are the forecasts/targets for the DGP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 335.7 | 60.5% |
DGP Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 338.1m USD (338.1m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 338.1m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 338.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.41% (E(338.1m)/V(338.1m) * Re(6.41%) + (debt-free company))
Discount Rate = 6.41% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)