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›ETF Providers›Deutsche Bank AG›DZZ
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DZZ
US25154H7567
Passive ETNCommodity

DZZ ETN · DB Gold Double Short Exchange Traded Notes

The DZZ Exchange Traded Note (ETN) is provided by Deutsche Bank AG. It is built to track an index: DBIQ Optimum Yield Gold Index. The dividend policy is capitalization.
Last update 5/1/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofInverse Commodity1M perf.-9.25%
Last price
$2.42
1M perf.
-2.29%
1M flows
+€10K
AuM
€773K
E/R
0.75%
Rating
Not rated
ESG Consensus®
esg grade icon
DZZ
$2.42

Performance & flows

January 30, 2026 → April 30, 2026
00102030405060%FEBMARAPRFEBMARAPR
Create a free account to view the flows graph
DZZ
$0.51
+49.86%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-2.29%
+49.86%
-49.34%
-78.32%
-83.02%
-1.37%
-1.37%
-15.39%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
CUSIP
25154H756
ISIN
US25154H7567
AuM
€773K
E/R
0.75%
Replication rating
Not rated
ESG Consensus®
esg grade icon
More details
NAV
4/30/2026
$0.50
1D NAV change
-2.78%
Dividend policy
No income
Replication method
Other
Replication model
Other
No. of holdings
N/A
Inception date
2/27/2008
Jurisdiction
United States
Distribution
United States
Legal structure
Debt instrument
Base currency
USD
Classification
Product type
Asset class
Factors
N/A
Investment strategy
DB Gold Double Short ETN is an exchange-traded note issued in the USA by Deutsche Bank AG (London). The Notes will provide investors with a cash payment at the scheduled maturity or early redemption, based on the double the inverse (opposite) performance of its underlying index plus the monthly T-Bill index return.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Historical risk/return profile

3M1Y3Y5Y
Returns
+49.86%
-49.34%
-78.32%
-83.02%
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

To find out more about DZZ's exposure, please refer to the as provided by Deutsche Bank AG.

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Issuer

Deutsche Bank AG
Deutsche Bank AG ID Card
Number of funds
3
Total AuM
€231M
Expense ratio range
0.75% - 0.75%
Average expense ratio
0.75%

Frequently asked questions about DZZ

What does DB Gold Double Short Exchange Traded Notes, DZZ, invest in?

DZZ is a Passive ETF. This ETN provides inverse exposure (-2x) to Gold.

Which benchmark or index does DZZ replicate?

DZZ tracks the DBIQ Optimum Yield Gold Excess Return Index - USD, through a replication method.

What is the Total Expense ratio (TER) of DZZ?

DZZ carries a total expense ratio (TER) of 0.75%, indicating the annual cost for holding the fund.

When was DZZ launched?

DZZ was introduced to the market on February 27, 2008. It trades on United States

Who is the ETF issuer of DZZ?

DB Gold Double Short Exchange Traded Notes, DZZ, is provided by Deutsche Bank AG. Learn more about Deutsche Bank AG here.

What is the current assets under management (AUM) of DZZ?

DZZ oversees €773K in assets as of April 30, 2026.

How has DZZ performed lately?

Based on data from April 30, 2026, DZZ returned -2.29% over the past month, 49.86% over the last three months and -15.39% year-to-date.

What are the latest inflows or outflows for DZZ?

As of April 30, 2026, DZZ recorded net flows of +€10K over the last month and +€10K year-to-date.

What is the base currency of DZZ?

The base currency of DZZ is USD.

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