DB Agriculture Short ETN (ADZ)
DB Agriculture Short ETN operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $37.00, up 0.00% on the session, giving a market capitalisation of $174,418. Its beta of -0.50 implies it has historically moved less than the broad market.
This Exchange Traded Note (ETN) functions as a senior unsecured debt instrument, providing a mechanism for investors to capitalize on potential declines in the broader agriculture sector. Its underlying benchmark tracks a portfolio primarily comprising futures contracts for key agricultural commodities: corn, wheat, soybeans, and sugar, each allocated in roughly comparable proportions.
DB Agriculture Short ETN is most often compared with the following Financial Services names: