BIDU vs. DBB

Last updated Jun 24, 2026

BIDU (Baidu, Inc.) is a stock, while DBB (Invesco DB Base Metals Fund) is Metals fund tracking the DBIQ Optimum Yield Industrial Metals Index Excess Return. Over the past 10 years, BIDU returned -3.61%/yr vs 8.59%/yr for DBB. At a 0.27 correlation, their price movements are largely independent.

Performance

BIDU vs. DBB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baidu, Inc. (BIDU) and Invesco DB Base Metals Fund (DBB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BIDU achieves a -15.70% return, which is significantly lower than DBB's 6.67% return. Over the past 10 years, BIDU has underperformed DBB with an annualized return of -3.61%, while DBB has yielded a comparatively higher 8.59% annualized return.

BIDU

• 1D: -1.43%
• 1M: -13.81%
• YTD: -15.70%
• 6M: -11.06%
• 1Y: 30.76%
• 3Y*: -7.53%
• 5Y*: -10.78%
• 10Y*: -3.61%

DBB

• 1D: -3.05%
• 1M: -5.52%
• YTD: 6.67%
• 6M: 9.49%
• 1Y: 31.53%
• 3Y*: 16.31%
• 5Y*: 7.44%
• 10Y*: 8.59%

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

BIDU vs. DBB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BIDU Baidu, Inc.	-15.70%	54.98%	-29.20%	4.12%	-23.13%	-31.19%	71.08%	-20.30%	-32.28%	42.45%
DBB Invesco DB Base Metals Fund	6.67%	25.01%	7.90%	1.15%	-11.80%	28.97%	15.53%	-1.17%	-19.47%	30.09%

Correlation

The correlation between BIDU and DBB is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.28
Correlation (All Time) Calculated using the full available price history since Jan 5, 2007	0.27

Return for Risk

BIDU vs. DBB — Risk / Return Rank

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

BIDU

BIDU Risk / Return Rank: 61
BIDU Sharpe Ratio Rank: 63
BIDU Sortino Ratio Rank: 61
BIDU Omega Ratio Rank: 58
BIDU Calmar Ratio Rank: 62
BIDU Martin Ratio Rank: 60

DBB

DBB Risk / Return Rank: 54
DBB Sharpe Ratio Rank: 53
DBB Sortino Ratio Rank: 49
DBB Omega Ratio Rank: 48
DBB Calmar Ratio Rank: 61
DBB Martin Ratio Rank: 60

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.

BIDU vs. DBB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baidu, Inc. (BIDU) and Invesco DB Base Metals Fund (DBB). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BIDU	DBB	Difference
Sharpe ratio: Return per unit of total volatility	0.61	1.70	-1.09
Sortino ratio: Return per unit of downside risk	1.25	2.30	-1.05
Omega ratio: Gain probability vs. loss probability	1.15	1.29	-0.15
Calmar ratio: Return relative to maximum drawdown	0.90	2.88	-1.98
Martin ratio: Return relative to average drawdown	1.85	10.30	-8.44

BIDU vs. DBB - Sharpe Ratio Comparison

The current BIDU Sharpe Ratio is 0.61, which is lower than the DBB Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of BIDU and DBB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BIDU vs. DBB - Drawdown Comparison

The maximum BIDU drawdown since its inception was -77.47%, which is greater than DBB's maximum drawdown of -60.20%. Use the drawdown chart below to compare losses from any high point for BIDU and DBB.

Drawdown Indicators

	BIDU	DBB	Difference
Max Drawdown Largest peak-to-trough decline	-77.47%	-60.20%	-17.27%
Max Drawdown (1Y) Largest decline over 1 year	-34.41%	-11.00%	-23.41%
Max Drawdown (3Y) Largest decline over 3 years	-50.73%	-16.59%	-34.14%
Max Drawdown (5Y) Largest decline over 5 years	-63.13%	-35.00%	-28.13%
Max Drawdown (10Y) Largest decline over 10 years	-77.47%	-37.98%	-39.49%
Current Drawdown Current decline from peak	-67.60%	-8.11%	-59.49%
Average Drawdown Average peak-to-trough decline	-35.60%	-30.82%	-4.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.64%	3.07%	+13.57%

Volatility

BIDU vs. DBB - Volatility Comparison

Baidu, Inc. (BIDU) has a higher volatility of 13.48% compared to Invesco DB Base Metals Fund (DBB) at 5.98%. This indicates that BIDU's price experiences larger fluctuations and is considered to be riskier than DBB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIDU	DBB	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.48%	5.98%	+7.50%
Volatility (6M) Calculated over the trailing 6-month period	35.62%	16.24%	+19.38%
Volatility (1Y) Calculated over the trailing 1-year period	50.55%	18.63%	+31.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.98%	20.26%	+31.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.30%	18.51%	+27.79%

Dividends

BIDU vs. DBB - Dividend Comparison

BIDU has not paid dividends to shareholders, while DBB's dividend yield for the trailing twelve months is around 2.45%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BIDU Baidu, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DBB Invesco DB Base Metals Fund	2.45%	2.61%	4.75%	7.21%	0.94%	0.00%	0.00%	1.83%	1.59%

Frequently Asked Questions

Can I hold both BIDU and DBB in my portfolio?

BIDU and DBB have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BIDU or DBB?

BIDU has higher volatility (13.48%) compared to DBB (5.98%). In terms of maximum drawdown, BIDU dropped -77.47% vs DBB's -60.20%.

Which has better risk-adjusted returns?

DBB currently has the higher Sharpe Ratio (1.70 vs 0.61), 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.