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DBXU

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1d
1w
1m

Analysis and statistics

  • Open
    164.6272$
  • Previous Close
    162.7054$
  • 52 Week Change
    --
  • Day Range
    1.92$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

DBXU.F represents an Exchange Traded Note (ETN) issued by Deutsche Bank that provides leveraged exposure to the daily performance of the Bloomberg Natural Gas Subindex. Specifically, DBXU.F aims to deliver three times (3x) the daily percentage change of the index. As an ETN, it's important to note that DBXU.F carries credit risk from the issuer, Deutsche Bank, as its return is linked to Deutsche Bank's ability to fulfill its debt obligations, in addition to the risks inherent in leveraged investments and natural gas futures contracts. Due to its leveraged nature and reliance on daily performance, it is generally unsuitable for long-term holding periods.
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Factors

Underlying Index Performance: DBXU.F's price is heavily influenced by the performance of the index it tracks, typically related to crude oil futures.

Crude Oil Futures Prices: Changes in the price of West Texas Intermediate (WTI) or Brent crude oil futures contracts directly impact DBXU.F's value.

Supply and Demand: Global oil supply levels and demand fluctuations significantly affect futures prices and, consequently, DBXU.F's price.

Geopolitical Events: Political instability, conflicts, or policy changes in oil-producing regions can cause volatility in oil prices and DBXU.F's value.

Economic Indicators: Economic growth or recession, influencing energy demand, impacts oil prices and DBXU.F's performance.

Inventory Levels: Reports on crude oil and petroleum product inventories can affect market sentiment and DBXU.F's price.

Currency Exchange Rates: Fluctuations in the exchange rate between the fund's base currency and the currency of the underlying assets can impact returns.

Rolling Costs: DBXU.F is a leveraged ETF that uses futures contracts, the rolling of the contracts can affect fund performance.

Interest Rates: Higher interest rates can increase the cost of holding futures contracts, potentially impacting DBXU.F's price.

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