Etfdb logo
  • ETF
  • DGLD
    Pricing Data
    $44.89
    Change: $1.53 (0.04%)
    Time: 06/28/16
    Previous Close: $43.36
  • Category
  • Leveraged Commodities
Last Updated:

Profile

Vitals

Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $42.76
  • 52 Week Hi: $98.60
  • AUM: $19.5 M
  • Shares: 0.4 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 57,595
  • 3 Month Avg. Volume: 66,321

Alternative ETFs in the Leveraged Commodities Category

Sign Up for Pro to Unlock Data Sign Up
Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Analyst Report

This product offers leveraged inverse exposure to gold futures prices, making it potentially useful for those looking to bet heavily a short-term decline in the value of the precious metal. Given the leverage utilized, DGLD can be expected to exhibit a fair amount of volatility; this ETN is designed for investors who are both risk-tolerant and sophisticated; it has no place in a long-term, buy-and-hold portfolio, and should only be used by those with the ability to monitor the position closely. There are several elements of DGLD (and its long 3x counterpart UGLD)that are noteworthy. First, it's important to understand that the product offers exposure not to spot gold prices but to an index comprised of gold futures contracts. So the slope of the futures curve will have an impact on bottom line returns and volatility, as will yields derived from any uninvested cash. Second, be aware that DGLD's exposure resets on a daily basis, meaning that performance over multiple trading sessions depends on the path taken by the index over that periods (daily compounding can either erode or enhance returns, depending on the environment). Third, investors should note that DGLD is an ETN, meaning that they are exposed to the credit risk of the issuing institution. There are, however, plenty of advantages to pursuing this strategy through the ETN structure. Tracking error, which can become significant in futures-based and leveraged strategies, is avoided. And investors won't get a K-1 after holding this product; futures-based commodity ETFs typically generate those tax obligations, and can result in undesirable tax payments as well. For investors seeking plain vanilla gold exposure, IAU is probably the best choice out there; that fund should move in unison with spot gold prices. DGLD can be a very powerful tool if used correctly, but if you're not familiar with the nuances of leverage and futures-based strategies, it's best to stay away.

Realtime Rating

Sign Up for Pro to Unlock Data Sign Up

Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for DGLD on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Leveraged Commodities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Compare to another ETF

View the Category Report

DGLD Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B- DGAZ
Expenses C+ DYY
Performance
Volatility
Dividend
Concentration

Knowledge Centers

DGLD In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.

DGLD Holdings

Holdings data for this ETF is not available.

DGLD Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb Category.

Sign Up for Pro to Unlock Data Sign Up

Expenses Ratio Analysis

ETF Average
0.578%
ETF Wtd. Average
0.26%
Category Average
1.05%
Expense Ratio
Rank:
1.35%
Category Low
Category High

Commission Free Trading

This ETF is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 0 other ETFs in the Leveraged Commodities ETFdb Category that are also eligible for commission free trading:

  • Ticker Brokerages

DGLD Performance

This section shows how this ETF has performed relative to its peer group ETFdb Category.

1 Week Return
Rank:
-11.60%
Category Low
Category High
4 Week Return
Rank:
-22.47%
Category Low
Category High
13 Week Return
Rank:
-18.88%
Category Low
Category High
26 Week Return
Rank:
-51.67%
Category Low
Category High
Year to Date Return
Rank:
-52.67%
Category Low
Category High
1 Year Return
Rank:
-38.67%
Category Low
Category High
3 Year Return
Rank:
-53.55%
Category Low
Category High
5 Year Return
Rank:
No Ranking Available
Category Low
Category High

Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of DGLD relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

DGLD Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb Category.

Sign Up for Pro to Unlock Data Sign Up
P/E Ratio
Rank:
No Ranking Available
Category Low
Category High

DGLD Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb Category.

Sign Up for Pro to Unlock Data Sign Up
Dividend
n/a
Dividend Date
n/a
Annual Dividend Rate
n/a
Annual Dividend Yield
Rank:
No Ranking Available
Category Low
Category High

DGLD Technicals

Sign Up for Pro to Unlock Data Sign Up

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb Category.

5 Day Volatility
Rank:
205.45%
Category Low
Category High
20 Day Volatility
Rank:
70.82%
Category Low
Category High
50 Day Volatility
Rank:
58.00%
Category Low
Category High
200 Day Volatility
Rank:
60.25%
Category Low
Category High
Beta
Rank:
4.12
Category Low
Category High
Standard Deviation
Rank:
16.01%
Category Low
Category High

Technicals

  • 20 Day MA: $50.18
  • 60 Day MA: $52.33
  • MACD 15 Period: -3.51
  • MACD 100 Period: -9.57
  • Williams % Range 10 Day: 76.39
  • Williams % Range 20 Day: 87.00
  • RSI 10 Day: 36
  • RSI 20 Day: 39
  • RSI 30 Day: 40
  • Ultimate Oscillator: 44

Bollinger Brands

  • Lower Bollinger (10 Day): $42.34
  • Upper Bollinger (10 Day): $52.89
  • Lower Bollinger (20 Day): $42.25
  • Upper Bollinger (20 Day): $58.14
  • Lower Bollinger (30 Day): $43.32
  • Upper Bollinger (30 Day): $60.03

Support & Resistance

  • Support Level 1: $44.34
  • Support Level 2: $43.79
  • Resistance Level 1: $45.24
  • Resistance Level 2: $45.59

Stochastic

  • Stochastic Oscillator %D (1 Day): 61.29
  • Stochastic Oscillator %D (5 Day): 36.18
  • Stochastic Oscillator %K (1 Day): 56.46
  • Stochastic Oscillator %K (5 Day): 48.85

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.