Invesco DB Oil Fund (DBO)
DBO is a passive ETF by Invesco tracking the investment results of the DBIQ Optimum Yield Crude Oil Index Excess Return. DBO launched on Jan 5, 2007 and has a 0.78% expense ratio.
ETF Info
| ISIN | US46140H4039 |
|---|---|
| CUSIP | 46140H403 |
| Issuer | Invesco |
| Inception Date | Jan 5, 2007 |
| Category | Oil & Gas |
| Leveraged | 1x |
| Index Tracked | DBIQ Optimum Yield Crude Oil Index Excess Return |
| Asset Class | Commodity |
Expense Ratio
DBO features an expense ratio of 0.78%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: DBO vs. USO, DBO vs. OIH, DBO vs. USL, DBO vs. USMV, DBO vs. xle, DBO vs. BP, DBO vs. OILK, DBO vs. KSA, DBO vs. VOO, DBO vs. TPL
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco DB Oil 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 Oil Fund had a return of 1.29% year-to-date (YTD) and -8.16% in the last 12 months. Over the past 10 years, Invesco DB Oil Fund had an annualized return of -3.87%, while the S&P 500 had an annualized return of 11.39%, indicating that Invesco DB Oil Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.29% | 25.48% |
| 1 month | -6.56% | 2.14% |
| 6 months | -7.73% | 12.76% |
| 1 year | -8.16% | 33.14% |
| 5 years (annualized) | 8.15% | 13.96% |
| 10 years (annualized) | -3.87% | 11.39% |
Monthly Returns
The table below presents the monthly returns of DBO, 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 | 4.17% | 0.83% | 6.37% | 0.26% | -2.37% | 4.21% | -2.46% | -5.05% | -4.84% | 3.94% | 1.29% | ||
| 2023 | -0.66% | -2.78% | -0.82% | 1.23% | -9.36% | 5.61% | 14.45% | 2.41% | 6.65% | -6.29% | -6.53% | -5.99% | -4.44% |
| 2022 | 11.59% | 4.70% | 9.41% | 2.71% | 9.33% | -6.22% | -1.92% | -5.25% | -10.43% | 9.41% | -5.06% | -2.87% | 13.04% |
| 2021 | 7.59% | 16.54% | -0.47% | 6.84% | 5.16% | 9.05% | 1.47% | -4.28% | 9.58% | 10.28% | -18.70% | 10.16% | 60.74% |
| 2020 | -14.90% | -10.57% | -24.51% | -9.62% | 17.33% | 7.54% | 4.86% | 4.91% | -6.50% | -10.71% | 23.21% | 6.57% | -20.99% |
| 2019 | 17.12% | 4.23% | 1.64% | 3.90% | -14.38% | 7.38% | 1.29% | -7.08% | 0.11% | 1.27% | 2.82% | 10.11% | 28.05% |
| 2018 | 7.98% | -4.29% | 6.48% | 5.82% | 0.85% | 4.53% | -2.01% | 3.52% | 6.65% | -9.72% | -22.10% | -9.22% | -15.21% |
| 2017 | -3.41% | -0.43% | -5.59% | -2.84% | -2.93% | -2.65% | 5.82% | -2.46% | 5.52% | 5.12% | 4.76% | 4.86% | 4.86% |
| 2016 | -11.60% | -7.75% | 5.28% | 10.68% | 5.35% | 1.10% | -12.01% | 4.59% | 5.22% | -3.38% | 5.02% | 7.56% | 6.96% |
| 2015 | -13.25% | 7.42% | -7.79% | 12.53% | -2.90% | -0.95% | -17.26% | 2.90% | -8.69% | 2.11% | -9.75% | -13.48% | -42.36% |
| 2014 | -2.97% | 6.58% | -0.10% | -0.56% | 3.55% | 4.38% | -6.05% | -1.73% | -4.47% | -10.87% | -17.16% | -21.62% | -43.33% |
| 2013 | 5.82% | -6.34% | 5.02% | -4.44% | -1.71% | 2.21% | 5.25% | 0.88% | -0.29% | -1.42% | -1.18% | 3.64% | 6.80% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DBO is 3, indicating that it is in the bottom 3% 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 Oil Fund (DBO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco DB Oil Fund provided a 4.54% dividend yield over the last twelve months, with an annual payout of $0.64 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.64 | $0.64 | $0.10 | $0.00 | $0.00 | $0.17 | $0.13 |
Dividend yield | 4.54% | 4.59% | 0.66% | 0.00% | 0.00% | 1.63% | 1.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco DB Oil 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 | $0.64 | $0.64 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 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 | $0.17 | $0.17 |
| 2018 | $0.13 | $0.13 |
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 Oil 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 Oil Fund was 90.18%, occurring on Apr 28, 2020. The portfolio has not yet recovered.
The current Invesco DB Oil Fund drawdown is 72.01%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -90.18% | Jul 15, 2008 | 2968 | Apr 28, 2020 | — | — | — |
| -11.3% | Jan 4, 2008 | 13 | Jan 23, 2008 | 18 | Feb 19, 2008 | 31 |
| -9.74% | Jan 9, 2007 | 7 | Jan 18, 2007 | 9 | Jan 31, 2007 | 16 |
| -8.93% | May 22, 2008 | 9 | Jun 4, 2008 | 2 | Jun 6, 2008 | 11 |
| -8.34% | Nov 21, 2007 | 10 | Dec 5, 2007 | 15 | Dec 27, 2007 | 25 |
Volatility
Volatility Chart
The current Invesco DB Oil Fund volatility is 9.23%, 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.