DTO
DB Crude Oil Double Short ETNDTO Fund Description
DTO tracks the performance of futures contracts on crude oil.
DTO Factset Analytics Insight
DTO is a 2x leveraged bet against oil futures, intended for day trading, not as a long-term investment. DTO's linked index is an "excess return" index, which reflects returns due to price appreciation on its WTI futures contracts as well as any return from rolling those futures contracts, but not any return on collateral, further highlighting the fund’s intended short-term nature. Investors should be aware that daily compounding can cause DTO's returns to vary significantly from its stated -2x exposure over longer holding periods, and they will have to rebalance their exposure to get the multiple for longer periods.Given the fund's role as a short-term tactical tool, its lukewarm volume and wide spreads may be a concern. The fund charges a very reasonable fee for a leveraged product, but investors shouldn’t be sticking around long enough to realize significant holding costs.
DTO CHARTS AND PERFORMANCE
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
DTO Summary Data
DTO Portfolio Data
DTO Fund Structure
DTO Tax Exposures
DTO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DTO. DTO is rated a 5 out of 5.
DTO Tradability
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use