Invesco DB Commodity Index Tracking Fund (DBC)
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
US73935S1050
73935S105
Feb 3, 2006
1x
DBIQ Optimum Yield Diversified Commodity Index Excess Return
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco DB Commodity Index Tracking Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco DB Commodity Index Tracking Fund had a return of -1.00% year-to-date (YTD) and -4.42% in the last 12 months. Over the past 10 years, Invesco DB Commodity Index Tracking Fund had an annualized return of 0.98%, while the S&P 500 had an annualized return of 11.11%, indicating that Invesco DB Commodity Index Tracking Fund did not perform as well as the benchmark.
DBC
-1.00%
-2.28%
-7.97%
-4.42%
8.93%
0.98%
^GSPC (Benchmark)
23.08%
0.10%
10.70%
30.05%
13.52%
11.11%
Monthly Returns
The table below presents the monthly returns of DBC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.32% | -1.52% | 4.46% | 1.61% | -0.30% | -0.17% | -2.80% | -2.08% | 0.72% | 1.44% | -1.00% | ||
| 2023 | 0.89% | -4.46% | -0.08% | -0.76% | -6.41% | 2.95% | 8.72% | -0.36% | 1.50% | -1.80% | -2.45% | -3.29% | -6.19% |
| 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% | 19.34% |
| 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% | 41.36% |
| 2020 | -8.59% | -6.65% | -17.34% | -3.11% | 8.07% | 4.50% | 5.12% | 4.64% | -3.55% | -3.14% | 10.20% | 5.45% | -7.84% |
| 2019 | 7.11% | 2.84% | -0.38% | 1.19% | -5.97% | 3.97% | -1.14% | -4.63% | 1.42% | 1.93% | -0.13% | 5.85% | 11.84% |
| 2018 | 2.95% | -2.92% | 2.29% | 3.42% | 2.68% | -1.94% | -2.43% | 0.75% | 3.39% | -5.62% | -9.85% | -4.00% | -11.63% |
| 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% | 4.86% |
| 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% | 18.56% |
| 2015 | -5.69% | 4.42% | -6.05% | 7.15% | -3.17% | 1.64% | -12.61% | -0.25% | -3.44% | 0.33% | -6.64% | -5.85% | -27.59% |
| 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% | -28.10% |
| 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% | -7.63% |
Expense Ratio
DBC features an expense ratio of 0.85%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DBC is 4, indicating that it is in the bottom 4% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco DB Commodity Index Tracking Fund (DBC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco DB Commodity Index Tracking Fund provided a 4.99% dividend yield over the last twelve months, with an annual payout of $1.09 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.09 | $1.09 | $0.15 | $0.00 | $0.00 | $0.25 | $0.19 |
Dividend yield | 4.99% | 4.94% | 0.59% | 0.00% | 0.00% | 1.59% | 1.30% |
Monthly 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.09 | $1.09 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 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 | $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 | $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 | $0.25 |
| 2018 | $0.19 | $0.19 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
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 48.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -76.36% | Jul 3, 2008 | 2974 | Apr 27, 2020 | — | — | — |
| -14.37% | May 12, 2006 | 91 | Sep 20, 2006 | 183 | Jun 14, 2007 | 274 |
| -10.01% | Mar 14, 2008 | 5 | Mar 20, 2008 | 18 | Apr 16, 2008 | 23 |
| -8.94% | Feb 6, 2006 | 8 | Feb 15, 2006 | 37 | Apr 10, 2006 | 45 |
| -6.68% | May 22, 2008 | 9 | Jun 4, 2008 | 3 | Jun 9, 2008 | 12 |
Volatility
Volatility Chart
The current Invesco DB Commodity Index Tracking Fund volatility is 5.17%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.