Invesco DB Precious Metals Fund (DBP) belongs to the Precious Metals category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DBP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DBP
DBP charges 0.78% annually. There are 38 ETFs in the Precious Metals category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Gold Trust Micro | 0.09% | 6.41B | Jun 2021 | DBP vs IAUM | |
| SPDR Gold MiniShares Trust | 0.10% | 27.70B | Jun 2018 | DBP vs GLDM | |
| Franklin Responsibly Sourced Gold ETF | 0.15% | 415.33M | Jun 2022 | DBP vs FGDL | |
| GraniteShares Gold Trust | 0.17% | 1.37B | Aug 2017 | DBP vs BAR | |
| abrdn Physical Gold Shares ETF | 0.17% | 6.81B | Sep 2009 | DBP vs SGOL |
Best Risk-Adjusted Alternatives to DBP
DBP has a PortfoliosLab risk / return rank of 21. There are 30 ETFs in the Precious Metals category with higher risk-adjusted ranks, going as high as 43.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Silver Miners ETF | 43 | 10.36M | May 2024 | DBP vs AGMI | |
| iShares MSCI Global Silver and Metals Miners ETF | 38 | 819.95M | Jan 2012 | DBP vs SLVP | |
| Sprott Junior Gold Miners ETF | 37 | 279.82M | Mar 2015 | DBP vs SGDJ | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | 35 | 446.44M | Mar 2022 | DBP vs GDE | |
| Amplify Junior Silver Miners ETF | 35 | 3.22B | Nov 2012 | DBP vs SILJ |
Top Performing DBP Alternatives (YTD)
DBP is at -10.64% YTD. There are 19 ETFs in the Precious Metals category with higher YTD returns, going as high as 7.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| DB Gold Short Exchange Traded Notes | 7.37% | 1.84M | Feb 2008 | DBP vs DGZ | |
| ProShares UltraShort Gold | 3.86% | 113.41M | Dec 2008 | DBP vs GLL | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | -1.12% | 446.44M | Mar 2022 | DBP vs GDE | |
| FT Vest Gold Strategy Quarterly Buffer ETF | -4.89% | 51.07M | Jan 2021 | DBP vs BGLD | |
| UBS ETRACS Silver Shares Covered Call ETN | -5.97% | 411.17M | Apr 2013 | DBP vs SLVO |
Lowest Volatility Alternatives to DBP
DBP has 34.12% 1-year volatility. There are 17 ETFs in the Precious Metals category with lower 1-year volatility, going as low as 12.68%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Gold Strategy Quarterly Buffer ETF | 12.68% | 51.07M | Jan 2021 | DBP vs BGLD | |
| UBS AG ETRACS Gold Shares Covered Call ETNs due Fe... | 16.45% | 169.31M | Jan 2013 | DBP vs GLDI | |
| NEOS Gold High Income ETF | 21.83% | 478.03M | Jun 2025 | DBP vs IAUI | |
| FT Vest Gold Strategy Target Income ETF | 24.90% | 510.89M | Mar 2021 | DBP vs IGLD | |
| Defiance Gold Enhanced Options Income ETF | 25.07% | 25.43M | Apr 2025 | DBP vs GOLI |
Lowest Drawdown Alternatives to DBP
DBP has a 1-year max drawdown of -32.96%. There are 17 ETFs in the Precious Metals category with shallower 1-year drawdowns, going as shallow as -12.43%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Gold Strategy Quarterly Buffer ETF | -12.43% | 51.07M | Jan 2021 | DBP vs BGLD | |
| UBS AG ETRACS Gold Shares Covered Call ETNs due Fe... | -15.81% | 169.31M | Jan 2013 | DBP vs GLDI | |
| UBS ETRACS Silver Shares Covered Call ETN | -21.39% | 411.17M | Apr 2013 | DBP vs SLVO | |
| NEOS Gold High Income ETF | -22.50% | 478.03M | Jun 2025 | DBP vs IAUI | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | -22.66% | 446.44M | Mar 2022 | DBP vs GDE |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $481B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 58 | 16.13% | 481.14B | Mar 1999 | DBP vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 62 | 26.03% | 22.01B | Oct 2015 | DBP vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 59 | 16.16% | 100.59B | Oct 2020 | DBP vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 58 | 12.75% | 96.24B | Apr 2003 | DBP vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 92 | 74.43% | 2.58B | Jun 2021 | DBP vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 40 | 3.75% | 10.85B | May 2005 | DBP vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 65 | 16.39% | 20.11B | Dec 2005 | DBP vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 37 | 11.46% | 3.29B | Oct 2012 | DBP vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 50 | 14.98% | 7.45B | Mar 2005 | DBP vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 35 | 9.54% | 8.22B | Oct 2005 | DBP vs PPA |
Often Compared With DBP
Investors most often compare DBP with GLD, RING, DBC. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare DBP with Any Fund or Stock
Compare DBP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DBP with funds that move differently
Invesco DB Precious Metals Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DBP.
Explore DBP Diversifiers