Invesco DB Commodity Index Tracking Fund (DBC)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco DB Commodity Index Tracking Fund (DBC) is up 30.0% since the beginning of the year. DBC is currently trading at $29 per share. Investors who bought $1,000 worth of DBC shares 5 years ago would now be looking at an investment worth $1,733.

Invesco DB Commodity Index Tracking Fund (DBC) has returned 30.01% so far this year and 38.66% over the past 12 months. Over the last ten years, DBC has returned 8.39% per year, falling short of the S&P 500 Index benchmark, which averaged 13.42% annually.

Based on dividend-adjusted daily data since Feb 6, 2006, DBC's average daily return is +0.02%, while the average monthly return is +0.31%. At this rate, an investment would double in approximately 18.7 years.

Historically, 51% of months were positive and 49% were negative. The best month was May 2009 with a return of +16.3%, while the worst month was Oct 2008 at -21.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 8 months.

On a daily basis, DBC closed higher 52% of trading days. The best single day was Nov 4, 2008 with a return of +6.0%, while the worst single day was Mar 9, 2022 at -7.9%.

Invesco DB Commodity Index Tracking Fund has an annualized alpha of -0.22%, beta of 0.38, and R2 of 0.15 versus S&P 500 Index. Calculated based on daily prices since February 06, 2006.

• This ETF participated in 64.31% of S&P 500 Index downside but only 41.54% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.38 may look defensive, but with R2 of 0.15 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.15 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

DBC has an expense ratio of 0.85%, placing it in the medium range.

DBC ranks 74 for risk / return — better than 74% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Invesco DB Commodity Index Tracking Fund (DBC) and compare them to S&P 500 Index.

Invesco DB Commodity Index Tracking Fund provided a 2.56% dividend yield over the last twelve months, with an annual payout of $0.74 per share.

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.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Invesco DB Commodity Index Tracking Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco DB Commodity Index Tracking Fund was 76.36%, occurring on Apr 27, 2020. The portfolio has not yet recovered.

The current Invesco DB Commodity Index Tracking Fund drawdown is 24.79%.

The chart below shows the rolling one-month volatility.