DB Commodity Short ETN
DDP
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- DB Commodity Short ETN (DDP) is an exchange-traded note issued by Deutsche Bank AG that provides investors with inverse exposure to the performance of the DBIQ Optimum Yield Diversified Commodity Index Excess Return, which tracks a diversified basket of commodity futures contracts including crude oil, heating oil, corn, wheat, gold, and other energy, agriculture, and metals commodities. The ETN seeks to deliver the inverse daily percentage change of the index, net of fees, through a cash payment at maturity, redemption, or upon early repurchase, with a maturity date of April 1, 2038; it carries a total expense ratio of 0.75% and is unsecured senior debt obligations backed by the credit of Deutsche Bank AG. Originally launched on April 28, 2008, as PowerShares DB Commodity Short ETN, it was renamed under Deutsche Bank's branding following a transition from PowerShares, and trades on the NYSE Arca exchange under the ticker DDP with CUSIP 25154H467. Deutsche Bank AG, headquartered in Frankfurt, Germany, with its London branch issuing the ETN, operates globally across investment banking, asset management, and structured products, targeting institutional and retail investors seeking short commodity exposure. In recent years, Deutsche Bank has made no major announcements specific to the DDP ETN regarding redemptions, early calls, or delistings as of late 2025, though the product remains listed with low trading volume and assets under management. Operational updates include a 2016 reduction in the minimum repurchase amount from 250,000 to 10,000 securities to enhance liquidity for investors, applicable to DDP and related commodity ETNs. The bank continues to maintain its ETN program amid broader commodity market volatility, with no reported acquisitions, new launches, or strategic shifts directly impacting DDP in 2024-2025.