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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

ISINUS73935S1050
CUSIP73935S105
IssuerInvesco
Inception DateFeb 3, 2006
CategoryCommodities
Expense Ratio0.85%
Index TrackedDBIQ Optimum Yield Diversified Commodity Index Excess Return
ETF Home Pagewww.invesco.com
Asset ClassCommodity

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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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.


-10.00%-5.00%0.00%5.00%SeptemberOctoberNovemberDecember2023
-2.58%
-1.17%
DBC (Invesco DB Commodity Index Tracking Fund)
Benchmark (^GSPC)

DBCCompare to other instruments

Search for stocks, ETFs, and funds to compare with DBC

DBCReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD0.49%6.02%
1M0.12%6.30%
6M-4.12%-0.05%
1Y12.20%-6.42%
5Y8.26%7.22%
10Y-0.87%10.51%

DBCMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20227.89%6.47%9.17%5.64%4.61%-7.50%-1.99%-1.49%-7.04%5.06%1.47%-2.71%
20213.33%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%
20197.11%2.84%-0.38%1.20%-5.97%3.97%-1.14%-4.63%1.42%1.93%-0.13%5.85%
20182.95%-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%
20132.48%-4.71%0.66%-3.81%-1.56%-2.82%3.18%2.82%-3.38%-0.04%-0.93%0.59%
20123.69%5.35%-1.77%-1.35%-11.16%2.02%5.83%5.65%-0.38%-3.91%1.96%-1.14%
20113.56%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.


-1.00-0.500.000.501.001.502.00SeptemberOctoberNovemberDecember2023
0.46
-0.27
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.


PeriodTTM20222021202020192018
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember2023
-19.65%
-15.14%
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, 20112276Apr 27, 2020
-17.57%Jan 7, 2010123Jul 2, 201087Nov 4, 2010210
-8.35%Nov 11, 20105Nov 17, 201022Dec 20, 201027
-6.38%Mar 7, 20117Mar 15, 201112Mar 31, 201119
-2.34%Jan 18, 20116Jan 25, 20113Jan 28, 20119
-2.07%Feb 3, 20119Feb 15, 20115Feb 23, 201114
-1.99%Jan 4, 20114Jan 7, 20112Jan 11, 20116
-1.21%Dec 30, 20101Dec 30, 20101Dec 31, 20102
-0.89%Feb 24, 20111Feb 24, 20111Feb 25, 20112
-0.68%Nov 9, 20101Nov 9, 20101Nov 10, 20102

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.


10.00%15.00%20.00%25.00%30.00%35.00%SeptemberOctoberNovemberDecember2023
12.46%
16.76%
DBC (Invesco DB Commodity Index Tracking Fund)
Benchmark (^GSPC)

Portfolios with Invesco DB Commodity Index Tracking Fund


Portfolio NameYTD Return10Y ReturnDiv. Yield10Y VolatilityMax. DrawdownSharpe RatioExpense Ratio
Ray Dalio All Weather Portfolio5.83%5.07%1.76%8.03%-24.28%-0.770.19%
Roger Gibson Five Asset Portfolio5.76%5.50%2.15%12.00%-27.82%-0.140.22%