BAMB vs. DBO

Last updated Jun 3, 2026

BAMB (Brookstone Intermediate Bond ETF) and DBO (Invesco DB Oil Fund) are both exchange-traded funds - BAMB is a Intermediate Core Bond fund actively managed by Brookstone, while DBO is a Oil & Gas fund tracking the DBIQ Optimum Yield Crude Oil Index Excess Return. BAMB is actively managed, while DBO is passively managed. Over the past year, BAMB returned 2.87% vs 78.18% for DBO. At a correlation of -0.26, they often move in opposite directions. BAMB charges 1.09%/yr vs 0.78%/yr for DBO.

Performance

BAMB vs. DBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookstone Intermediate Bond ETF (BAMB) and Invesco DB Oil Fund (DBO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BAMB achieves a -0.73% return, which is significantly lower than DBO's 80.66% return.

BAMB

• 1D: 0.01%
• 1M: -0.31%
• YTD: -0.73%
• 6M: -0.90%
• 1Y: 2.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DBO

• 1D: 1.05%
• 1M: -0.09%
• YTD: 80.66%
• 6M: 78.46%
• 1Y: 78.18%
• 3Y*: 20.95%
• 5Y*: 15.57%
• 10Y*: 11.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BAMB vs. DBO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BAMB Brookstone Intermediate Bond ETF	-0.73%	6.15%	3.01%	2.94%
DBO Invesco DB Oil Fund	80.66%	-11.71%	7.85%	-20.01%

Correlation

The correlation between BAMB and DBO is -0.38, 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	-0.38
Correlation (All Time) Calculated using the full available price history since Sep 28, 2023	-0.26

The correlation between BAMB and DBO shifts across timeframes, from -0.38 (1 year) to -0.26 (all time), reflecting how their relationship changes across market environments.

BAMB vs. DBO - Sectors Allocation Comparison

Sectors	BAMB	DBO
Financial Services	98.5%	116.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

BAMB vs. DBO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BAMB

BAMB Risk / Return Rank: 20
BAMB Sharpe Ratio Rank: 21
BAMB Sortino Ratio Rank: 21
BAMB Omega Ratio Rank: 20
BAMB Calmar Ratio Rank: 18
BAMB Martin Ratio Rank: 19

DBO

DBO Risk / Return Rank: 65
DBO Sharpe Ratio Rank: 68
DBO Sortino Ratio Rank: 61
DBO Omega Ratio Rank: 60
DBO Calmar Ratio Rank: 84
DBO Martin Ratio Rank: 54

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.

BAMB vs. DBO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookstone Intermediate Bond ETF (BAMB) and Invesco DB Oil Fund (DBO). 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.

	BAMB	DBO	Difference
Sharpe ratio Return per unit of total volatility	0.74	2.28	-1.55
Sortino ratio Return per unit of downside risk	1.12	2.88	-1.77
Omega ratio Gain probability vs. loss probability	1.13	1.37	-0.24
Calmar ratio Return relative to maximum drawdown	0.77	4.62	-3.85
Martin ratio Return relative to average drawdown	2.27	9.43	-7.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BAMB vs. DBO - Sharpe Ratio Comparison

The current BAMB Sharpe Ratio is 0.74, which is lower than the DBO Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of BAMB and DBO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BAMB	DBO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.74	2.28	-1.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.49	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.05	0.02	+1.03

Drawdowns

BAMB vs. DBO - Drawdown Comparison

The maximum BAMB drawdown since its inception was -4.48%, smaller than the maximum DBO drawdown of -90.18%. Use the drawdown chart below to compare losses from any high point for BAMB and DBO.

Drawdown Indicators

	BAMB	DBO	Difference
Max Drawdown Largest peak-to-trough decline	-4.48%	-90.18%	+85.70%
Max Drawdown (1Y) Largest decline over 1 year	-3.37%	-18.19%	+14.82%
Max Drawdown (3Y) Largest decline over 3 years	—	-28.20%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-37.68%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-61.69%	—
Current Drawdown Current decline from peak	-2.38%	-52.46%	+50.08%
Average Drawdown Average peak-to-trough decline	-1.00%	-62.25%	+61.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.14%	8.92%	-7.78%

Volatility

BAMB vs. DBO - Volatility Comparison

The current volatility for Brookstone Intermediate Bond ETF (BAMB) is 1.20%, while Invesco DB Oil Fund (DBO) has a volatility of 13.25%. This indicates that BAMB experiences smaller price fluctuations and is considered to be less risky than DBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAMB	DBO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	13.25%	-12.05%
Volatility (6M) Calculated over the trailing 6-month period	2.75%	28.15%	-25.40%
Volatility (1Y) Calculated over the trailing 1-year period	3.91%	34.54%	-30.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.07%	32.28%	-28.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.07%	31.78%	-27.71%

BAMB vs. DBO - Expense Ratio Comparison

BAMB has a 1.09% expense ratio, which is higher than DBO's 0.78% expense ratio.

Dividends

BAMB vs. DBO - Dividend Comparison

BAMB's dividend yield for the trailing twelve months is around 2.95%, more than DBO's 1.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BAMB Brookstone Intermediate Bond ETF	2.95%	2.85%	2.90%	0.73%	0.00%	0.00%	0.00%	0.00%	0.00%
DBO Invesco DB Oil Fund	1.94%	3.51%	4.68%	4.59%	0.66%	0.00%	0.00%	1.63%	1.58%

Frequently Asked Questions

Can I hold both BAMB and DBO in my portfolio?

BAMB and DBO have a correlation of -0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BAMB or DBO?

DBO has higher volatility (13.25%) compared to BAMB (1.20%). In terms of maximum drawdown, BAMB dropped -4.48% vs DBO's -90.18%.

Which ETF is better, BAMB or DBO?

On 1-year performance, DBO leads with 78.18% vs 2.87% for BAMB. On fees, DBO is cheaper at 0.78% per year. On volatility, BAMB has been the lower-risk option at 1.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BAMB or DBO?

Over the 1-year period, DBO has performed better with a 78.18% return vs 2.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BAMB or DBO?

DBO is cheaper with a 0.78% expense ratio, compared with 1.09% for BAMB.

Which ETF pays a higher dividend yield, BAMB or DBO?

BAMB has the higher dividend yield at 2.95%, compared with 1.94% for DBO.

What is the main difference between BAMB and DBO?

BAMB is categorized as Intermediate Core Bond, while DBO is Oil & Gas. They also come from different issuers: Brookstone and Invesco. Their fees differ too: 1.09% for BAMB and 0.78% for DBO.

Which has better risk-adjusted returns?

DBO currently has the higher Sharpe Ratio (2.28 vs 0.74), 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.