DGBPVelocityShares Daily 4x Long USD vs GBP ETN
DGBP Fund Description
The VelocityShares Daily 4x Long USD vs GBP ETN provides daily 4x leveraged inverse exposure to the US dollar price of the British pound.
DGBP Factset Analytics Insight
For traders looking to make a serious bet against the British pound, DGBP ratchets up the leverage with -4x exposure to the USD/GBP spot rate. The expense ratio may appear steep, but leveraged ETPs such as this are designed as short-term trading tools, so liquidity and trading costs are of greater importance. Because the note resets its leverage daily, traders holding for longer than one day face the problems of path dependency and compounding—the note’s long-term performance is extremely difficult to predict.
DGBP CHARTS AND PERFORMANCE
DGBP Portfolio Data
DGBP Index Data
DGBP Fund Structure
DGBP Tax Exposures
DGBP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DGBP. DGBP is rated a N/A out of 5.