DB Gold Short ETN provides inverse exposure to gold. It allows investors to benefit from a decline in gold prices.

Will the DGZ ETF go up?

According to Danelfin AI, the DGZ ETF has today an AI Score of 3/10 (Sell rating), because its probability of beating the ETF universe in 3 months (59.55%) is -3.04% vs. the average probability (62.59%) of all US-listed ETFs.

Is it a good time to buy, sell, or hold the DGZ ETF right now?

The DGZ ETF has today a Sell rating (AI Score 3/10), according to Danelfin AI. Its probability of beating the ETF universe in 3 months (59.55%) is -3.04% vs. the average probability (62.59%) of all US-listed ETFs, based on our AI-powered analysis.

Is the DGZ ETF overbought?

The Danelfin AI Technical Score for DGZ ETF is 3/10, which is a Sell based solely on technical indicators.

What was the price range of the DGZ ETF over the past 12 months?

The DGZ ETF price range over the past 12 months has been $4.47 - $7.25.

What is going on with the DGZ ETF in the last 3 months?

The DGZ ETF performance in the last quarter has been +29.15%.

Does the DGZ ETF offer dividend payments?

No, the DGZ ETF does not currently pay dividends.

What is the AUM of the DGZ ETF?

The DGZ ETF has 1.26M in total assets under management (AUM).

How much does it cost to invest in the DGZ ETF?

The DGZ ETF total expense ratio is 0.75%.

DB Gold Short Exchange Traded Notes DGZ ETF AI-powered analysis

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DGZ AI-Powered ETFs Analysis

AI Score Explanation

AI Score

Sell

Fundamental
Technical
Sentiment
Low Risk

According to Danelfin’s proprietary AI model, DB Gold Short Exchange Traded Notes today receives an AI Score of 3/10, which translates to a Sell rating. The ETF has a 60% probability of outperforming the ETF universe in the next 3 months, which is 3% lower than the average probability of any US-listed ETF (63%). The top positive contributors include the ETF Investment Segment (Gold) boosting probability by +3.45%, the ETF Focus (Gold) adding +3.11%, and the Chart Pattern (120d) contributing +2.49%. On the negative side, the ETF Brand (DB) detracts -2.94%, Beta (bottom 10%) reduces probability by -2.81%, and the Chart Pattern (90d) subtracts -2.56%. Notable data points include a Beta of -0.15 (bottom 10%), indicating the ETF moves inversely to the market, which detracts from its probability. The Net Asset Value (NAV) of 5.69 is also in the bottom 10%, weighing on the outlook. Conversely, the 52-Week Low vs Close is in the top 20%, and Alpha 1M is in the top 10% but with a negative impact, suggesting recent outperformance may not persist. Overall, the mix of positive segment and focus signals is outweighed by negative brand, beta, and chart pattern factors, resulting in a below-average probability and a Sell rating.

AI Score Explanation

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AI Score

Sell

The AI-powered overall analysis of DB Gold Short (DGZ) is derived from the inverse AI score of its underlying asset: DGL (DGL).

DGZ Short Trading Parameters

These suggested trading parameters for a 3-month horizon help improve risk management and decision-making.

Entry:$6.43
Horizon: 3 months
Stop Loss:$XXXXXPro (XXXXXPro)
Take Profit:$XXXXXPro (XXXXX
Pro
)

DGZ Proven Sell Signal & Price Forecast

This is the price chart for DGZ from January 2, 2026 until today. The chart indicates, in red, the 103 days when the stock received a Sell/Strong Sell rating (sell signals, AI Score 1 to 3).

Forecast: In the section below, the central dotted line represents the most expected path, while the shaded area indicates the anticipated price range. This is based on previous Sell signals with a 90% confidence level.

Full Track Record

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Closing price (USD)
Sell signals

Forecast:

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1 Year

DGZ Average Past Performance & Loss Rate

Three months after its 700 Sell signals since July 2026, DGZ had an average performance of xxxxxx and a xxxxxx Loss rate (negative performance).

700 Past DGZ Sell Signals	1 Month Later	3 Months Later	6 Months Later	1 Year Later
Average Performance				-7.42%
Average Alpha				-19.90%
Loss Rate (% Negative Perf.)				66.02%
% Negative Alpha				85.83%

DGZ Frequently Asked Questions

What is the DGZ ETF?
DB Gold Short ETN provides inverse exposure to gold. It allows investors to benefit from a decline in gold prices.
Will the DGZ ETF go up?
Is it a good time to buy, sell, or hold the DGZ ETF right now?
Is the DGZ ETF overbought?
What was the price range of the DGZ ETF over the past 12 months?
What is going on with the DGZ ETF in the last 3 months?
Does the DGZ ETF offer dividend payments?
What is the AUM of the DGZ ETF?
How much does it cost to invest in the DGZ ETF?

DGZ ETF Profile

DB Gold Short ETN (DGZ) is an Exchange Traded Note that provides investors with inverse exposure to the price movements of gold. This financial instrument offers returns designed to move in the opposite direction of daily gold performance. It serves as a strategic tool for investors who anticipate a decline in the value of gold. Additionally, it allows market participants to hedge existing long positions in the precious metal, managing their overall commodity market exposure. The ETN functions as an unsecured debt obligation issued by Deutsche Bank AG. Its performance links directly to a specific underlying benchmark, the Deutsche Bank Liquid Commodity Index – Optimum Yield Gold Excess Return. This index is designed to reflect the performance of a short position in gold futures contracts. Consequently, the ETN aims to deliver returns inversely correlated to the daily performance of gold, before fees and expenses. Investors in this financial product are exposed to the credit risk of the issuer, as it is a debt security rather than a direct holding of assets. This ETN does not directly invest in or hold physical gold. It also does not directly engage in the trading of gold futures contracts itself. Instead, its value derives from the contractual obligation of Deutsche Bank AG to pay a return linked to the inverse performance of the specified gold index. This structure provides a convenient way for market participants to gain short exposure to the commodity. It allows investors to express a bearish outlook on gold without managing complex futures positions or engaging in short selling. The investment vehicle primarily targets individual and institutional investors, including portfolio managers and traders. These market participants seek specialized exposure to commodity markets and specific financial instruments. It offers a liquid and transparent method for expressing a bearish outlook on the precious metal. The ETN is distributed and traded on major stock exchanges, providing broad accessibility to a diverse investor base. The issuer generates revenue through an annual investor fee, and the product is available to investors globally through direct and channel partners.

Asset ClassCommodities
Asset Class Style-
FocusGold
General RegionGlobal
Specific RegionBroad

Asset Class
Asset Class Style
Focus
General Region
Specific Region

DGZ Top 10 Focus ETFs

Gold

	ETF	AI Score
1	OUNZVanEck Merk Gold ETF
2	IAUiShares Gold Trust
3	GLDSPDR Gold Shares
4	AAAUGoldman Sachs Physical Gold ETF
5	GLDMSPDR Gold Minishares Trust of beneficial interest
6	SGOLabrdn Physical Gold Shares ETF
7	IAUMiShares Gold Trust Micro ETF of Benef Interest
8	BARGraniteShares Gold Shares
9	SHNYMicroSectors Gold 3X Leveraged ETNs

	ETF	AI Score

DGZ ETF AI Analysis