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DGL ETF Report: Ratings, Analysis, Quotes, Holdings | ETF.com

DGL

Invesco DB Gold Fund
*Unless otherwise stated, data provided by FactSet.

DGL Fund Description

DGL tracks an index of gold futures contracts. To minimize contango, it optimizes its contract selection based on the shape of the futures curve.

DGL Factset Analytics Insight

DGL reflects the performance of gold futures. The fund’s underlying index is designed to reduce the effects of contango by selecting futures contracts that, by its rule, have the highest implied roll yield. Unlike many ETFs that offer exposure to the gold market, the fund does not hold physical bullion, but uses a proprietary formula to select futures contracts to minimize contango. Structured as a commodity pool, investors should expect a K-1 at tax time. The fund and the index are rebalanced and reconstituted annually in November.

PERFORMANCE [as of 05/12/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DGL 5.48% 0.83% -4.43% 3.78% 9.67% 5.37% 0.46%
DGL (NAV) 5.11% -0.28% -4.63% 4.01% 9.24% 5.59% 0.29%
DBIQ Optimum Yield Gold Index -- -- -- -- -- -- --
Gold Spot 5.65% 0.79% -3.01% 7.54% 11.40% 7.44% 2.09%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DGL Summary Data

Invesco
Invesco DB
01/05/07
Commodities Pool
0.78%
$90.08M
$480.88K
0.18%

DGL Portfolio Data

Futures
Optimized
Annually
7

DGL Index Data

DBIQ Optimum Yield Gold Index
Single Asset
Single Asset
Gold Spot

DGL Portfolio Management

0.78%
--
--
--

DGL Tax Exposures

27.84% / 27.84%
--
Yes

DGL Fund Structure

Commodities Pool
No
N/A
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

DGL Factset Analytics Block Liquidity

As of 05/13/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DGL. DGL is rated a 5 out of 5.

DGL Tradability

9,559
$480.88K
2,424
$118.90K
0.18%
$0.09
-0.03%
1.51% / -1.48%
None
100.00%
200,000
0.01
0.01%
--
15
$52.60
5

DGL Sector Breakdown


DGL
Segment Benchmark
100.00%
100.00%

DGL Top 10 Targeted Commodity Weights

50.76%
11.09%
7.76%
7.76%
7.76%
6.65%
100.00%

DGL Tenor Strategy

DGL's optimized tenor selection uses a rules-based strategy for choosing contracts over the next 13 months that will give the best possible implied roll yield.

DGL Rolling Strategy

DGL rolls contracts between the 2nd and 6th business days each month.

DGL Performance Statistics

0.69
0.85
0.97
0.91
0.01%