VelocityShares 3x Inverse Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER (DGAZ)
VelocityShares 3x Inverse Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER operates in the Asset Management - Leveraged industry of the Financial Services sector. The stock last traded at $452.31, up 0.00% on the session, giving a market capitalisation of $497.2M. Its beta of 0.56 implies it has historically moved less than the broad market.
The objective of this investment is to mirror, after accounting for its expenses, three times the inverse (opposite) performance of the S&P GSCI Natural Gas Index ER. The underlying index tracks futures contracts on a single commodity, and its calculation adheres to the methodology set forth by the S&P GSCI Index.
VelocityShares 3x Inverse Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER is most often compared with the following Financial Services names: