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Invesco DB Precious Metals Fund (DBP)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS73936B2007
CUSIP46140H502
IssuerInvesco
Inception DateJan 5, 2007
CategoryPrecious Metals, Gold
Leveraged1x
Index TrackedDBIQ Optimum Yield Precious Metals Index Excess Return
Asset ClassCommodity

Expense Ratio

DBP features an expense ratio of 0.78%, falling within the medium range.


Expense ratio chart for DBP: current value at 0.78% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.78%

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.


Invesco DB Precious Metals Fund

Popular comparisons: DBP vs. VGPMX, DBP vs. GLD, DBP vs. IAUM, DBP vs. VOO, DBP vs. IAU, DBP vs. RING, DBP vs. DBC, DBP vs. SPY, DBP vs. QQQ, DBP vs. SCHD

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Invesco DB Precious Metals Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
15.27%
7.03%
DBP (Invesco DB Precious Metals Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Invesco DB Precious Metals Fund had a return of 20.02% year-to-date (YTD) and 26.19% in the last 12 months. Over the past 10 years, Invesco DB Precious Metals Fund had an annualized return of 4.81%, while the S&P 500 had an annualized return of 10.67%, indicating that Invesco DB Precious Metals Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date20.02%15.73%
1 month3.34%6.43%
6 months15.85%8.14%
1 year26.19%22.75%
5 years (annualized)8.67%13.18%
10 years (annualized)4.81%10.67%

Monthly Returns

The table below presents the monthly returns of DBP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.96%0.39%8.93%3.82%4.15%-1.04%3.93%1.46%20.02%
20234.25%-6.56%9.06%1.53%-2.26%-2.56%3.49%-1.52%-5.61%6.53%3.85%-0.58%8.68%
2022-2.29%6.67%1.36%-3.55%-3.95%-2.54%-2.25%-4.81%-1.33%-1.42%9.68%4.01%-1.51%
2021-2.65%-4.99%-3.02%3.95%7.80%-7.20%1.28%-1.38%-4.30%2.86%-1.43%2.77%-7.10%
20203.55%-2.56%-2.95%7.68%5.64%3.20%13.53%2.78%-8.01%0.00%-5.41%8.64%26.80%
20192.89%-1.26%-1.89%-0.94%0.71%7.12%1.43%8.59%-3.96%2.98%-3.75%3.76%15.88%
20183.09%-2.89%0.30%-0.88%-0.91%-3.37%-2.64%-2.89%-0.66%1.10%0.09%5.66%-4.31%
20176.28%3.43%-0.65%0.13%0.12%-2.80%1.97%4.15%-3.63%-0.63%-0.27%2.44%10.58%
20164.87%9.88%0.22%7.09%-7.20%10.71%3.27%-5.11%1.22%-3.94%-8.36%-2.52%8.16%
20158.96%-5.78%-1.86%-0.73%1.14%-2.66%-6.73%2.85%-1.70%3.17%-7.32%-0.98%-12.10%
20142.34%7.52%-4.04%-0.14%-3.17%7.75%-3.76%-0.86%-7.64%-3.76%-1.45%1.73%-6.47%
20130.14%-6.23%0.63%-9.25%-6.63%-11.58%6.11%7.69%-5.46%-0.27%-6.34%-3.92%-31.35%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of DBP is 62, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of DBP is 6262
DBP (Invesco DB Precious Metals Fund)
The Sharpe Ratio Rank of DBP is 6464Sharpe Ratio Rank
The Sortino Ratio Rank of DBP is 6565Sortino Ratio Rank
The Omega Ratio Rank of DBP is 6262Omega Ratio Rank
The Calmar Ratio Rank of DBP is 4646Calmar Ratio Rank
The Martin Ratio Rank of DBP is 7171Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Invesco DB Precious Metals Fund (DBP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


DBP
Sharpe ratio
The chart of Sharpe ratio for DBP, currently valued at 1.52, compared to the broader market0.002.004.001.52
Sortino ratio
The chart of Sortino ratio for DBP, currently valued at 2.19, compared to the broader market-2.000.002.004.006.008.0010.0012.002.19
Omega ratio
The chart of Omega ratio for DBP, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.003.501.27
Calmar ratio
The chart of Calmar ratio for DBP, currently valued at 0.80, compared to the broader market0.005.0010.0015.000.80
Martin ratio
The chart of Martin ratio for DBP, currently valued at 7.88, compared to the broader market0.0020.0040.0060.0080.00100.007.88
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.77, compared to the broader market0.002.004.001.77
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.42, compared to the broader market-2.000.002.004.006.008.0010.0012.002.42
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.003.501.32
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.57, compared to the broader market0.005.0010.0015.001.57
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.44, compared to the broader market0.0020.0040.0060.0080.00100.008.44

Sharpe Ratio

The current Invesco DB Precious Metals Fund Sharpe ratio is 1.52. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Invesco DB Precious Metals Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00AprilMayJuneJulyAugustSeptember
1.52
1.77
DBP (Invesco DB Precious Metals Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Invesco DB Precious Metals Fund granted a 3.73% dividend yield in the last twelve months. The annual payout for that period amounted to $2.23 per share.


PeriodTTM2023202220212020201920182017
Dividend$2.23$2.23$0.22$0.00$0.00$0.53$0.45$0.05

Dividend yield

3.73%4.47%0.45%0.00%0.00%1.26%1.24%0.12%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$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$2.23$2.23
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.22$0.22
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$0.53$0.53
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.45$0.45
2017$0.05$0.05

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.


-20.00%-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugustSeptember
-6.80%
-2.60%
DBP (Invesco DB Precious Metals Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco DB Precious Metals 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 Precious Metals Fund was 53.89%, occurring on Dec 17, 2015. The portfolio has not yet recovered.

The current Invesco DB Precious Metals Fund drawdown is 6.80%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-53.89%Aug 23, 20111088Dec 17, 2015
-36.09%Mar 17, 2008169Nov 12, 2008246Nov 4, 2009415
-14.81%Dec 3, 200945Feb 8, 201064May 11, 2010109
-12.19%May 2, 20114May 5, 201162Aug 3, 201166
-9.24%Jan 3, 201118Jan 27, 201118Feb 23, 201136

Volatility

Volatility Chart

The current Invesco DB Precious Metals Fund volatility is 4.71%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%AprilMayJuneJulyAugustSeptember
4.71%
4.60%
DBP (Invesco DB Precious Metals Fund)
Benchmark (^GSPC)