The takeaway
DB Gold Double Long ETN shows a moderate seasonal pattern over 10 years of data — strongest in December (+3.3%) and softest in September (−1.9%).
Right now
In July, the fund has risen 60% of years, averaging +3.6%, about +1.5 pts better than the S&P 500.
The full picture
DB Gold Double Long ETN's most dependable month has been December, higher in 8 of 10 years; September has been its least reliable, up just 20% of the time.
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Month by month
The fund's clearest edge over the S&P 500 lands in January (+4.6 pts); it has trailed the market most in November (−4.3 pts).
“vs S&P” is DB Gold Double Long ETN’s average for a month minus the S&P 500’s average for that same month — isolating DB Gold Double Long ETN’s own seasonal edge from broad market drift.
Reality check
Over the last 5 years, December has closed higher 80% of the time versus 80% across the last 10 years — the pattern is holding.
Figures are the typical (median) December return and how often it rose — the last 5 years versus the last 10(the heatmap’s default window). This verdict stays anchored to that 10-year window even if you zoom the chart, so it never disagrees with the badges above.
In plain English
Dependability is the through-line here. December stands out, higher in 8 of 10 Decembers, but it heads a clutch of months that pull the year reliably upward.
Its average (+3.3%) and median (+3.1%) land within a hair of each other — the tell of steady, year-after-year gains rather than one outlier doing the work. It is also the calendar's calmest month, its returns swinging least from year to year (a 3.8% spread), and even its worst December in 10 years lost only 3.5% — the gentlest downside anywhere on its calendar. Crucially, the gain is the fund's own rather than a rising tide's: December has cleared the S&P 500 by +2.3 points above the index. That consistency sets it apart from the field, where the average stock manages December only about 58% of the time.
A few other months pull their weight: January, April, and May have also closed higher more often than not. On the other side of the ledger, September has been the soft spot — the weakest of 2 months that average a loss (−1.9%), and the edge isn't year-round — the fund has trailed the S&P 500 in November, September, and June. Its roughest month on record was a −18.2% November in 2016 — a reminder of how hard even a seasonal name can fall.
Reassuringly, the tendency has held its shape: the recent five years still track the years behind them.
The takeaway is less about when to buy than what to expect: December aside, the fund's months offer little reliable tilt.
Short answers on the fund's best month (December), its worst (September), and whether it really trades seasonally.
Yes, to a moderate degree. Since 2016 its best month (December, +3.3%) has run well ahead of its worst (September, −1.9%) — the heatmap above shows how steady that gap has been year to year.
December has been the strongest, averaging +3.3% and closing higher in 8 of 10 years since 2016.
It's the weakest, averaging −1.9% — historically a soft spot, though it still varies from year to year.
Explore
These names have the strongest July track records on record — a starting point for comparison.
Before you trade