PowerShares DB US Deflation Exchange Traded Notes (DEFL)
- Fixed Income | Treasury Inflation Protected Securities
The investment seeks to replicate, net of expenses, the DBIQ Duration-Adjusted Deflation Index. The index aims to track changes in the market’s expectations of future inflation implied by the difference in yields between Treasury Inflation-Protected Securities (TIPS) and U.S. Treasury bonds with approximately equivalent terms to maturity. To gain exposure to the market's expectation that future inflation will decrease, the ETNs take a notional short position in TIPS and a notional long position in U.S. Treasury bonds with approximately equivalent terms to maturity.
Fund Snapshot Updated 04.15.2014
|Previous Close||$51.38||Expense Ratio||0.75%|
|YTD Return||3.55%||Avg. 30-Day Volume||9|
|1-Year Return||10.0%||Market Cap||Loading...|