# DB Gold Short ETN (DGZ)

> Source: Nexqual · https://nexqual.com/DGZ · data as of 2026-10-23 16:36 UTC · cite as "Nexqual, DB Gold Short ETN (DGZ), nexqual.com/DGZ" · informational, not investment advice.

**Price:** USD 5.6 (+2.02% today) · US market open, as of October 23, 2026 at 16:36 UTC; quotes may be delayed. Prev close 5.49 · day 5.16–5.6 · 52w 4.1–7.41 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y -6.3% vs S&P 500 +14.4%; 5Y -45.6% vs S&P 500 +77.1%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -6.3% | -45.6% |
| S&P 500 (SPY) | +14.4% | +77.1% |
| Per year | -6.4% | -11.5% |
| Volatility (annualized) | 77.1% | 24.9% |
| Max drawdown | -36.1% (Oct 2025→Mar 2026) | -60.1% (Oct 2022→Feb 2026) |

## Peers
DZZ (DB Gold Double Short ETN due Fe) USD 1.89 +4.72% · GLL (ProShares UltraShort Gold) USD 27.12 +1.73% · DGP (DB Gold Double Long ETN due Feb) USD 125.99 -2.04% · EUM (ProShares Short MSCI Emerging M) USD 16.97 -0.32% · ZSL (ProShares UltraShort Silver) USD 34.06 +2.48%

## More
Full page: https://nexqual.com/DGZ · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in DGZ's own 20-F filed 2026-03-12 (https://www.sec.gov/Archives/edgar/data/1159508/000115950826000017/db-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Alphabet (Google) (GOOGL) | "Through the bank's strategic partnership with Google Cloud, Deutsche Bank is migrating parts of its application" |