DB Agriculture Double Long ETN (DAG)
DB Agriculture Double Long ETN operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $2.00, up 0.00% on the session, giving a market capitalisation of $2.6M. Its beta of 0.55 implies it has historically moved less than the broad market.
This exchange-traded note (ETN) aims to closely track the price movements and income generated by the Deutsche Bank Liquid Commodity Index - Optimum Yield Agriculture, before accounting for any fees or expenses. Structured as a senior, unsecured debt instrument, it offers investors amplified exposure to the performance of the agricultural sector. The underlying index itself comprises futures contracts for corn, wheat, soybeans, and sugar, each represented in approximately equal proportions.
DB Agriculture Double Long ETN is most often compared with the following Financial Services names: