DB Commodity Double Short ETN
DEE
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 875 Third Avenue New York NY United States of America 10022
- IPO Date
- Jan 1, 2009
- Similar Companies
- Business
- DB Commodity Double Short ETN (DEE) is an exchange-traded note issued by Deutsche Bank AG that provides investors with two times the inverse daily performance of the DB Liquid Commodity Optimum Yield Index, net of fees. The underlying index tracks a diversified basket of commodity futures contracts, including crude oil, heating oil, corn, wheat, gold and aluminum; it aims to mitigate the negative effects of rolling futures contracts by selecting contract months that maximize backwardation or minimize contango. The ETN matures on April 1, 2038, with a total expense ratio of 0.75%, and trades principally on U.S. exchanges for institutional and retail investors seeking leveraged short exposure to broad commodity price movements. Headquartered in Frankfurt, Germany, with the issuing entity based in London through Deutsche Bank AG London Branch, the product was launched around 2008 and was formerly known as PowerShares DB Commodity Double Short ETN prior to rebranding under Deutsche Bank's direct issuance. It primarily serves sophisticated market participants targeting the commodities sector, including hedge funds, speculators and tactical allocation strategies within global portfolios. Operations are focused on U.S. and international capital markets, with no physical commodity handling or direct geographic production presence. In a significant operational change, NYSE Arca suspended trading in DEE in 2018 due to low trading activity levels and commenced delisting proceedings, rendering the ETN inactive on major exchanges thereafter. No major partnerships, funding rounds, new product launches or strategic expansions specific to DEE have been announced in the last 1-2 years; however, Deutsche Bank has pursued broader capital management initiatives in 2025, including the completion of a EUR 250 million share buyback program in October 2025 and confirmation of positive full-year financial outlooks with revenue growth targets around EUR 32 billion. Investors holding delisted ETNs such as DEE may access redemption through the issuer's over-the-counter processes or secondary markets, though liquidity remains minimal.