Invesco DB Commodity Index Tracking Fund (DBC)

ETF · Currency in USD · Last updated Jan 28, 2023

DBC is an exchange-traded fund (ETF) by Invesco that tracks the performance of the DBIQ Optimum Yield Diversified Commodity Index. The index is a broad-based benchmark that includes a diverse range of commodity futures contracts, including energy, metals, agriculture, and livestock. The DBC ETF is designed to provide investors with a way to gain exposure to the commodity market, with a focus on a broad range of commodities.

ETF Info

ISIN	US73935S1050
CUSIP	73935S105
Issuer	Invesco
Inception Date	Feb 3, 2006
Category	Commodities
Expense Ratio	0.85%
Index Tracked	DBIQ Optimum Yield Diversified Commodity Index Excess Return
ETF Home Page	www.invesco.com
Asset Class	Commodity

Trading Data

Previous Close	$24.77
Year Range	$22.29 - $30.35
EMA (50)	$24.65
EMA (200)	$25.07
Average Volume	$2.61M

DBCShare Price Chart

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Benchmark

DBCPerformance

The chart shows the growth of $10,000 invested in Invesco DB Commodity Index Tracking Fund in Jan 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,161 for a total return of roughly 1.61%. All prices are adjusted for splits and dividends.

DBC (Invesco DB Commodity Index Tracking Fund)

Benchmark (^GSPC)

DBCCompare to other instruments

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Symbol name

Invesco DB Commodity Index Tracking Fund

Symbol name

DBCReturns in periods

Returns over 1 year are annualized

Period	Return	Benchmark
YTD	0.49%	6.02%
1M	0.12%	6.30%
6M	-4.12%	-0.05%
1Y	12.20%	-6.42%
5Y	8.26%	7.22%
10Y	-0.87%	10.51%

DBCMonthly Returns Heatmap

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2022	7.89%	6.47%	9.17%	5.64%	4.61%	-7.50%	-1.99%	-1.49%	-7.04%	5.06%	1.47%	-2.71%
2021	3.33%	10.14%	-0.72%	7.83%	3.85%	3.49%	1.30%	-1.64%	5.21%	5.80%	-8.76%	6.67%
2020	-8.59%	-6.65%	-17.34%	-3.11%	8.07%	4.50%	5.12%	4.64%	-3.54%	-3.14%	10.20%	5.45%
2019	7.11%	2.84%	-0.38%	1.20%	-5.97%	3.97%	-1.14%	-4.63%	1.42%	1.93%	-0.13%	5.85%
2018	2.95%	-2.92%	2.29%	3.42%	2.68%	-1.94%	-2.43%	0.75%	3.40%	-5.62%	-9.85%	-4.00%
2017	-0.57%	-0.19%	-3.24%	-2.70%	-1.42%	-0.96%	4.08%	0.40%	1.99%	3.96%	0.94%	2.78%
2016	-4.34%	-0.23%	4.24%	9.71%	0.89%	4.35%	-6.97%	0.77%	4.31%	-0.33%	1.67%	4.14%
2015	-5.69%	4.43%	-6.05%	7.15%	-3.17%	1.64%	-12.61%	-0.25%	-3.44%	0.33%	-6.64%	-5.85%
2014	-3.04%	5.02%	-0.04%	1.11%	-1.44%	2.11%	-4.74%	-1.15%	-7.23%	-3.88%	-8.51%	-9.65%
2013	2.48%	-4.71%	0.66%	-3.81%	-1.56%	-2.82%	3.18%	2.82%	-3.38%	-0.04%	-0.93%	0.59%
2012	3.69%	5.35%	-1.77%	-1.35%	-11.16%	2.02%	5.83%	5.65%	-0.38%	-3.91%	1.96%	-1.14%
2011	3.56%	4.17%	2.66%	4.56%	-5.17%	-4.26%	4.56%	-0.40%	-14.62%	7.65%	-0.29%	-2.89%
2010	-10.10%	4.14%	-0.47%	3.91%	-10.15%	-1.78%	6.12%	-3.01%	8.60%	4.44%	-0.44%	9.89%

DBCSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Invesco DB Commodity Index Tracking Fund Sharpe ratio is 0.46. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.

DBC (Invesco DB Commodity Index Tracking Fund)

Benchmark (^GSPC)

DBCDividend History

Invesco DB Commodity Index Tracking Fund granted a 0.58% dividend yield in the last twelve months. The annual payout for that period amounted to $0.14 per share.

Period	TTM	2022	2021	2020	2019	2018
Dividend	$0.14	$0.14	$0.00	$0.00	$0.25	$0.19
Dividend yield	0.58%	0.59%	0.00%	0.00%	1.60%	1.33%

DBCMonthly Dividends

The table displays the monthly dividend distributions for Invesco DB Commodity Index Tracking Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2022	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.14
2021	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2020	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2019	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.25
2018												$0.19

DBCDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

DBC (Invesco DB Commodity Index Tracking Fund)

Benchmark (^GSPC)

DBCWorst Drawdowns

The table below shows the maximum drawdowns of the Invesco DB Commodity Index Tracking Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Invesco DB Commodity Index Tracking Fund is 66.15%, recorded on Apr 27, 2020. The portfolio has not recovered from it yet.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-66.15%	Apr 11, 2011	2276	Apr 27, 2020	—	—	—
-17.57%	Jan 7, 2010	123	Jul 2, 2010	87	Nov 4, 2010	210
-8.35%	Nov 11, 2010	5	Nov 17, 2010	22	Dec 20, 2010	27
-6.38%	Mar 7, 2011	7	Mar 15, 2011	12	Mar 31, 2011	19
-2.34%	Jan 18, 2011	6	Jan 25, 2011	3	Jan 28, 2011	9
-2.07%	Feb 3, 2011	9	Feb 15, 2011	5	Feb 23, 2011	14
-1.99%	Jan 4, 2011	4	Jan 7, 2011	2	Jan 11, 2011	6
-1.21%	Dec 30, 2010	1	Dec 30, 2010	1	Dec 31, 2010	2
-0.89%	Feb 24, 2011	1	Feb 24, 2011	1	Feb 25, 2011	2
-0.68%	Nov 9, 2010	1	Nov 9, 2010	1	Nov 10, 2010	2

DBCVolatility Chart

Current Invesco DB Commodity Index Tracking Fund volatility is 12.46%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.

DBC (Invesco DB Commodity Index Tracking Fund)

Benchmark (^GSPC)

Portfolios with Invesco DB Commodity Index Tracking Fund

Portfolio Name	YTD Return	10Y Return	Div. Yield	10Y Volatility	Max. Drawdown	Sharpe Ratio	Expense Ratio
Ray Dalio All Weather Portfolio	5.83%	5.07%	1.76%	8.03%	-24.28%	-0.77	0.19%
Roger Gibson Five Asset Portfolio	5.76%	5.50%	2.15%	12.00%	-27.82%	-0.14	0.22%