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AIVC vs. DBE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AIVC vs. DBE

Last updated Jun 4, 2026

AIVC (Amplify Bloomberg AI Value Chain ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - AIVC is a Technology Equities fund tracking the Bloomberg AI Value Chain Index, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. Both are passively managed. Over the past 10 years, AIVC returned 17.12%/yr vs 12.03%/yr for DBE. At a 0.15 correlation, their price movements are largely independent. AIVC charges 0.59%/yr vs 0.78%/yr for DBE.

Performance

AIVC vs. DBE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Bloomberg AI Value Chain ETF (AIVC) and Invesco DB Energy Fund (DBE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AIVC achieves a 79.45% return, which is significantly lower than DBE's 83.68% return. Over the past 10 years, AIVC has outperformed DBE with an annualized return of 17.12%, while DBE has yielded a comparatively lower 12.03% annualized return.

AIVC

1D
-1.33%
1M
30.74%
YTD
79.45%
6M
79.35%
1Y
151.70%
3Y*
51.42%
5Y*
20.46%
10Y*
17.12%

DBE

1D
2.33%
1M
-5.45%
YTD
83.68%
6M
74.95%
1Y
84.41%
3Y*
23.42%
5Y*
19.66%
10Y*
12.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AIVC vs. DBE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
AIVC
Amplify Bloomberg AI Value Chain ETF		79.45%39.94%18.22%39.28%-38.91%-7.23%41.45%27.78%-18.62%35.42%
DBE
Invesco DB Energy Fund		83.68%-2.17%2.96%-12.14%33.77%57.56%-25.91%19.72%-12.95%5.21%

Correlation

The correlation between AIVC and DBE is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.24

Correlation (3Y)
Calculated over the trailing 3-year period

-0.00

Correlation (5Y)
Calculated over the trailing 5-year period

0.07

Correlation (10Y)
Calculated over the trailing 10-year period

0.15

Correlation (All Time)
Calculated using the full available price history since Mar 10, 2016

0.15

The correlation between AIVC and DBE shifts across timeframes, from -0.24 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Amplify Bloomberg AI Value Chain ETF

Invesco DB Energy Fund

Often compared with AIVC:
AIVC vs. AISAIVC vs. GINNAIVC vs. SMHAIVC vs. TCAIAIVC vs. PXQAIVC vs. CHPSAIVC vs. GAMR
Often compared with DBE:
DBE vs. DBBDBE vs. XLEDBE vs. VDEDBE vs. COMTDBE vs. XLKDBE vs. GLDDBE vs. TIP

Return for Risk

AIVC vs. DBE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AIVC
AIVC Risk / Return Rank: 9696
Overall Rank
AIVC Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
AIVC Sortino Ratio Rank: 9595
Sortino Ratio Rank
AIVC Omega Ratio Rank: 9494
Omega Ratio Rank
AIVC Calmar Ratio Rank: 9797
Calmar Ratio Rank
AIVC Martin Ratio Rank: 9696
Martin Ratio Rank
DBE
DBE Risk / Return Rank: 7171
Overall Rank
DBE Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
DBE Sortino Ratio Rank: 6363
Sortino Ratio Rank
DBE Omega Ratio Rank: 6565
Omega Ratio Rank
DBE Calmar Ratio Rank: 9191
Calmar Ratio Rank
DBE Martin Ratio Rank: 6363
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIVC vs. DBE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Bloomberg AI Value Chain ETF (AIVC) and Invesco DB Energy Fund (DBE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

AIVCDBEDifference

Sharpe ratio

Return per unit of total volatility

5.14

2.43

+2.72

Sortino ratio

Return per unit of downside risk

5.21

2.96

+2.25

Omega ratio

Gain probability vs. loss probability

1.69

1.40

+0.29

Calmar ratio

Return relative to maximum drawdown

10.82

5.89

+4.93

Martin ratio

Return relative to average drawdown

36.63

11.53

+25.10

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIVC vs. DBE - Sharpe Ratio Comparison

The current AIVC Sharpe Ratio is 5.14, which is higher than the DBE Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of AIVC and DBE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

AIVCDBEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

5.14

2.43

+2.72

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.68

0.67

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.64

0.43

+0.21

Sharpe Ratio (All Time)

Calculated using the full available price history

0.64

0.09

+0.55

Drawdowns

AIVC vs. DBE - Drawdown Comparison

The maximum AIVC drawdown since its inception was -56.11%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for AIVC and DBE.

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Drawdown Indicators

AIVCDBEDifference

Max Drawdown

Largest peak-to-trough decline

-56.11%

-86.69%

+30.58%

Max Drawdown (1Y)

Largest decline over 1 year

-14.11%

-14.41%

+0.30%

Max Drawdown (3Y)

Largest decline over 3 years

-32.55%

-23.89%

-8.66%

Max Drawdown (5Y)

Largest decline over 5 years

-53.58%

-38.74%

-14.84%

Max Drawdown (10Y)

Largest decline over 10 years

-56.11%

-60.84%

+4.73%

Current Drawdown

Current decline from peak

-1.33%

-30.27%

+28.94%

Average Drawdown

Average peak-to-trough decline

-16.43%

-57.31%

+40.88%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.16%

7.35%

-3.19%

Volatility

AIVC vs. DBE - Volatility Comparison

The current volatility for Amplify Bloomberg AI Value Chain ETF (AIVC) is 11.07%, while Invesco DB Energy Fund (DBE) has a volatility of 12.95%. This indicates that AIVC experiences smaller price fluctuations and is considered to be less risky than DBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AIVCDBEDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.07%

12.95%

-1.88%

Volatility (6M)

Calculated over the trailing 6-month period

23.72%

30.86%

-7.14%

Volatility (1Y)

Calculated over the trailing 1-year period

29.71%

34.97%

-5.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.20%

29.39%

+0.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.93%

28.33%

-1.40%

AIVC vs. DBE - Expense Ratio Comparison

AIVC has a 0.59% expense ratio, which is lower than DBE's 0.78% expense ratio.

Dividends

AIVC vs. DBE - Dividend Comparison

AIVC's dividend yield for the trailing twelve months is around 0.10%, less than DBE's 2.10% yield.

PositionTTM2025202420232022202120202019201820172016
AIVC
Amplify Bloomberg AI Value Chain ETF		0.10%0.17%0.21%0.00%0.00%0.00%0.39%1.16%0.38%0.92%0.64%
DBE
Invesco DB Energy Fund		2.10%3.86%6.32%3.87%0.75%0.00%0.00%1.79%1.67%0.00%0.00%

Frequently Asked Questions

AIVC and DBE have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DBE has higher volatility (12.95%) compared to AIVC (11.07%). In terms of maximum drawdown, AIVC dropped -56.11% vs DBE's -86.69%.

On 10-year performance, AIVC leads with 17.12% vs 12.03% for DBE. On fees, AIVC is cheaper at 0.59% per year. On volatility, AIVC has been the lower-risk option at 11.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, AIVC has performed better with a 17.12% return vs 12.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

AIVC is cheaper with a 0.59% expense ratio, compared with 0.78% for DBE.

DBE has the higher dividend yield at 2.10%, compared with 0.10% for AIVC.

AIVC is categorized as Technology Equities, while DBE is Oil & Gas. AIVC tracks Bloomberg AI Value Chain Index, while DBE tracks DBIQ Optimum Yield Energy Index. They also come from different issuers: Amplify and Invesco. Their fees differ too: 0.59% for AIVC and 0.78% for DBE.

AIVC currently has the higher Sharpe Ratio (5.14 vs 2.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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