Invesco DB Precious Metals Fund (DBP)
DBP is a passive ETF by Invesco tracking the investment results of the DBIQ Optimum Yield Precious Metals Index Excess Return. DBP launched on Jan 5, 2007 and has a 0.78% expense ratio.
ETF Info
| ISIN | US73936B2007 |
|---|---|
| CUSIP | 46140H502 |
| Issuer | Invesco |
| Inception Date | Jan 5, 2007 |
| Category | Precious Metals, Gold |
| Leveraged | 1x |
| Index Tracked | DBIQ Optimum Yield Precious Metals Index Excess Return |
| Asset Class | Commodity |
Expense Ratio
DBP features an expense ratio of 0.78%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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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.
Returns By Period
Invesco DB Precious Metals Fund had a return of 24.88% year-to-date (YTD) and 30.02% in the last 12 months. Over the past 10 years, Invesco DB Precious Metals Fund had an annualized return of 6.13%, while the S&P 500 had an annualized return of 11.39%, indicating that Invesco DB Precious Metals Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 24.88% | 25.48% |
| 1 month | -2.85% | 2.14% |
| 6 months | 6.12% | 12.76% |
| 1 year | 30.02% | 33.14% |
| 5 years (annualized) | 10.32% | 13.96% |
| 10 years (annualized) | 6.13% | 11.39% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.96% | 0.39% | 8.93% | 3.82% | 4.15% | -1.04% | 3.93% | 1.46% | 5.57% | 4.38% | 24.88% | ||
| 2023 | 4.25% | -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% |
| 2020 | 3.55% | -2.56% | -2.95% | 7.68% | 5.64% | 3.20% | 13.53% | 2.78% | -8.01% | 0.00% | -5.41% | 8.64% | 26.80% |
| 2019 | 2.89% | -1.26% | -1.89% | -0.94% | 0.71% | 7.12% | 1.43% | 8.59% | -3.96% | 2.98% | -3.75% | 3.76% | 15.88% |
| 2018 | 3.09% | -2.89% | 0.30% | -0.88% | -0.91% | -3.37% | -2.64% | -2.89% | -0.66% | 1.10% | 0.09% | 5.66% | -4.31% |
| 2017 | 6.28% | 3.43% | -0.65% | 0.13% | 0.12% | -2.80% | 1.97% | 4.15% | -3.63% | -0.63% | -0.27% | 2.44% | 10.58% |
| 2016 | 4.87% | 9.88% | 0.22% | 7.09% | -7.20% | 10.71% | 3.27% | -5.11% | 1.22% | -3.94% | -8.36% | -2.52% | 8.16% |
| 2015 | 8.96% | -5.78% | -1.86% | -0.73% | 1.14% | -2.66% | -6.73% | 2.85% | -1.70% | 3.17% | -7.32% | -0.98% | -12.10% |
| 2014 | 2.34% | 7.52% | -4.04% | -0.14% | -3.17% | 7.75% | -3.76% | -0.86% | -7.64% | -3.76% | -1.45% | 1.73% | -6.47% |
| 2013 | 0.14% | -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 53, 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.
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.
Dividends
Dividend History
Invesco DB Precious Metals Fund provided a 3.58% dividend yield over the last twelve months, with an annual payout of $2.23 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $2.23 | $2.23 | $0.22 | $0.00 | $0.00 | $0.53 | $0.45 | $0.05 |
Dividend yield | 3.58% | 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.
| 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 | $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.
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. Recovery took 2204 trading sessions.
The current Invesco DB Precious Metals Fund drawdown is 8.06%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53.89% | Aug 23, 2011 | 1088 | Dec 17, 2015 | 2204 | Sep 24, 2024 | 3292 |
| -36.09% | Mar 17, 2008 | 169 | Nov 12, 2008 | 246 | Nov 4, 2009 | 415 |
| -14.81% | Dec 3, 2009 | 45 | Feb 8, 2010 | 64 | May 11, 2010 | 109 |
| -12.19% | May 2, 2011 | 4 | May 5, 2011 | 62 | Aug 3, 2011 | 66 |
| -9.24% | Jan 3, 2011 | 18 | Jan 27, 2011 | 18 | Feb 23, 2011 | 36 |
Volatility
Volatility Chart
The current Invesco DB Precious Metals Fund volatility is 6.17%, 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.