DBA vs. MOO
Compare and contrast key facts about Invesco DB Agriculture Fund (DBA) and VanEck Vectors Agribusiness ETF (MOO).
DBA and MOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DBA is a passively managed fund by Invesco that tracks the performance of the DBIQ Diversified Agriculture Index TR. It was launched on Jan 5, 2007. MOO is a passively managed fund by VanEck that tracks the performance of the DAXglobal Agribusiness Index. It was launched on Aug 31, 2007. Both DBA and MOO 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: DBA or MOO.
Correlation
The correlation between DBA and MOO is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DBA vs. MOO - Performance Comparison
Key characteristics
DBA:
1.91
MOO:
-0.68
DBA:
2.54
MOO:
-0.87
DBA:
1.33
MOO:
0.90
DBA:
0.69
MOO:
-0.27
DBA:
5.87
MOO:
-1.67
DBA:
5.55%
MOO:
5.75%
DBA:
17.07%
MOO:
14.01%
DBA:
-67.97%
MOO:
-69.53%
DBA:
-29.40%
MOO:
-34.99%
Returns By Period
In the year-to-date period, DBA achieves a 33.08% return, which is significantly higher than MOO's -12.16% return. Over the past 10 years, DBA has underperformed MOO with an annualized return of 1.62%, while MOO has yielded a comparatively higher 4.07% annualized return.
DBA
33.08%
4.70%
12.24%
32.76%
12.15%
1.62%
MOO
-12.16%
-4.54%
-4.67%
-10.88%
1.14%
4.07%
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DBA vs. MOO - Expense Ratio Comparison
DBA has a 0.94% expense ratio, which is higher than MOO's 0.54% expense ratio.
Risk-Adjusted Performance
DBA vs. MOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DB Agriculture Fund (DBA) and VanEck Vectors Agribusiness ETF (MOO). 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
DBA vs. MOO - Dividend Comparison
Neither DBA nor MOO has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBA Invesco DB Agriculture Fund | 0.00% | 4.63% | 0.48% | 0.00% | 0.00% | 1.55% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MOO VanEck Vectors Agribusiness ETF | 0.00% | 2.94% | 2.15% | 1.17% | 1.10% | 1.32% | 1.69% | 1.44% | 2.14% | 2.89% | 3.21% | 1.91% |
Drawdowns
DBA vs. MOO - Drawdown Comparison
The maximum DBA drawdown since its inception was -67.97%, roughly equal to the maximum MOO drawdown of -69.53%. Use the drawdown chart below to compare losses from any high point for DBA and MOO. For additional features, visit the drawdowns tool.
Volatility
DBA vs. MOO - Volatility Comparison
The current volatility for Invesco DB Agriculture Fund (DBA) is 3.47%, while VanEck Vectors Agribusiness ETF (MOO) has a volatility of 4.75%. This indicates that DBA experiences smaller price fluctuations and is considered to be less risky than MOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.