CMOP.L vs. DBC
Compare and contrast key facts about Invesco Bloomberg Commodity UCITS ETF Acc (CMOP.L) and Invesco DB Commodity Index Tracking Fund (DBC).
CMOP.L and DBC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CMOP.L is a passively managed fund by Invesco that tracks the performance of the Bloomberg Commodity. It was launched on Jan 9, 2017. DBC is a passively managed fund by Invesco that tracks the performance of the DBIQ Optimum Yield Diversified Commodity Index Excess Return. It was launched on Feb 3, 2006. Both CMOP.L and DBC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMOP.L or DBC.
Correlation
The correlation between CMOP.L and DBC is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CMOP.L vs. DBC - Performance Comparison
Key characteristics
CMOP.L:
1.20
DBC:
0.49
CMOP.L:
1.84
DBC:
0.79
CMOP.L:
1.21
DBC:
1.09
CMOP.L:
0.51
DBC:
0.14
CMOP.L:
2.26
DBC:
1.34
CMOP.L:
6.46%
DBC:
5.17%
CMOP.L:
12.17%
DBC:
14.03%
CMOP.L:
-28.78%
DBC:
-76.36%
CMOP.L:
-14.82%
DBC:
-44.16%
Returns By Period
In the year-to-date period, CMOP.L achieves a 7.14% return, which is significantly higher than DBC's 4.35% return.
CMOP.L
7.14%
8.22%
12.37%
15.62%
8.89%
N/A
DBC
4.35%
5.15%
1.91%
6.53%
9.59%
3.83%
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CMOP.L vs. DBC - Expense Ratio Comparison
CMOP.L has a 0.19% expense ratio, which is lower than DBC's 0.85% expense ratio.
Risk-Adjusted Performance
CMOP.L vs. DBC — Risk-Adjusted Performance Rank
CMOP.L
DBC
CMOP.L vs. DBC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg Commodity UCITS ETF Acc (CMOP.L) and Invesco DB Commodity Index Tracking Fund (DBC). 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.
Dividends
CMOP.L vs. DBC - Dividend Comparison
CMOP.L has not paid dividends to shareholders, while DBC's dividend yield for the trailing twelve months is around 5.00%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
CMOP.L Invesco Bloomberg Commodity UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DBC Invesco DB Commodity Index Tracking Fund | 5.00% | 5.22% | 4.94% | 0.59% | 0.00% | 0.00% | 1.59% | 1.30% |
Drawdowns
CMOP.L vs. DBC - Drawdown Comparison
The maximum CMOP.L drawdown since its inception was -28.78%, smaller than the maximum DBC drawdown of -76.36%. Use the drawdown chart below to compare losses from any high point for CMOP.L and DBC. For additional features, visit the drawdowns tool.
Volatility
CMOP.L vs. DBC - Volatility Comparison
Invesco Bloomberg Commodity UCITS ETF Acc (CMOP.L) has a higher volatility of 3.85% compared to Invesco DB Commodity Index Tracking Fund (DBC) at 3.49%. This indicates that CMOP.L's price experiences larger fluctuations and is considered to be riskier than DBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.