DGPDB Gold Double Long ETN
DGP Fund Description
DGP provides 2x the daily performance of futures contracts relating to gold. The note’s index selects contracts based on the shape of the futures curve to minimize contango.
DGP Factset Analytics Insight
DGP is a levered ETN promising twice the daily returns of an optimized gold index — wherein gold futures contracts are chosen to minimize the effects of contango. The index selects its contracts based on the shape of the futures curve. As a geared product, DGP is not intended to be held long term, but as a day-trading instrument. Its 2x exposure is not promised over periods longer than one day, as the effects of compounding can cause returns to drift from the headline 2x exposure. Structured as an ETN, DGP carries the counterparty risk of its issuer.
DGP Portfolio Data
DGP Index Data
DGP Fund Structure
DGP Tax Exposures
DGP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DGP. DGP is rated a 5 out of 5.