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PowerShares DB Commodity Short ETN (DDP)

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  • Michael Bryant | Send Message 10 Aug 2012

    PowerShares DB Commodity Short ETN (DDP) is rising. Maybe commodity prices are expected to fall. http://yhoo.it/ToiaY6
    Reply (1)
    • eabyrd | Send Message 10 Aug 2012
      : Dollar strength not helping either...
      • wrakocy | Send Message 19 Feb 2010

        Puzzling. Why are DDP and DBC both rising these past few days. They should be roughly inversely correlated....thoughts?
        Reply
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          DDP vs. ETF Alternatives
          DDP Description
          All of the PowerShares DB Commodity ETNs are based on a total return version of the Deutsche Bank Liquid Commodity Index™ (the "Index") which is designed to reflect the performance of certain wheat, corn, light sweet crude oil, heating oil, gold and aluminum futures contracts plus the returns from investing in 3 month United States Treasury bills. The Long and Double Long ETNs are based on the Optimum Yield™ version of the Index and the Short and Double Short ETNs are based on the standard version of the Index. The Optimum Yield™ version of the Index attempts to minimize the negative effects of contango and maximize the positive effects of backwardation by applying flexible roll rules to pick a new futures contract when a contract expires. The standard version of the Index, which does not attempt to minimize the negative effects of contango and maximize the positive effects of backwardation, uses static roll rules that dictate that an expiring futures contract must be replaced with a contract having a pre-defined expiration date.
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