DB Crude Oil Double Short ETN
DTO
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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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 - Leveraged
- Address
- IPO Date
- Jun 16, 2008
- Similar Companies
- Business
- DB Crude Oil Double Short ETN (DTO) is an exchange-traded note issued by Deutsche Bank AG London that provides investors with twice the inverse daily performance of the Deutsche Bank Liquid Commodity Index - Optimum Yield Light Crude Oil Excess Return, adjusted by the returns of the DB 3-Month T-Bill Index. The ETN utilizes derivatives, primarily futures contracts on light crude oil, to achieve its leveraged short exposure to crude oil prices in the commodities sector. It targets institutional and retail investors seeking to hedge or speculate on declines in crude oil markets, with global reach through trading on the NYSE Arca exchange. Launched on June 16, 2008, and domiciled in Germany with a scheduled maturity of June 1, 2038, the ETN was formerly branded as PowerShares DB Crude Oil Double Short ETN prior to a rebranding under the DWS issuer umbrella. It carries a net expense ratio of 0.75% and has no holdings in physical assets, relying instead on Deutsche Bank's credit for principal protection at maturity, absent early redemption or acceleration events. Recent developments include market signals of potential delisting, as flagged by trading platforms amid low liquidity and outstanding shares reduced to approximately 156,000, alongside assets under management at roughly $12,920; no new product launches, partnerships, or strategic changes specific to DTO have been announced in 2024 or 2025.