DBA vs. VOOG
Compare and contrast key facts about Invesco DB Agriculture Fund (DBA) and Vanguard S&P 500 Growth ETF (VOOG).
DBA and VOOG 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. VOOG is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 7, 2010. Both DBA and VOOG 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 VOOG.
Key characteristics
| DBA | VOOG | |
|---|---|---|
| YTD Return | 13.31% | 15.08% |
| 1Y Return | 18.26% | 33.33% |
| 3Y Return (Ann) | 10.34% | 9.50% |
| 5Y Return (Ann) | 9.53% | 15.80% |
| 10Y Return (Ann) | -1.11% | 14.57% |
| Sharpe Ratio | 1.07 | 2.48 |
| Daily Std Dev | 16.28% | 13.99% |
| Max Drawdown | -67.97% | -32.73% |
| Current Drawdown | -39.89% | -0.47% |
Correlation
The correlation between DBA and VOOG is 0.18, 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. VOOG - Performance Comparison
In the year-to-date period, DBA achieves a 13.31% return, which is significantly lower than VOOG's 15.08% return. Over the past 10 years, DBA has underperformed VOOG with an annualized return of -1.11%, while VOOG has yielded a comparatively higher 14.57% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DBA vs. VOOG - Expense Ratio Comparison
DBA has a 0.94% expense ratio, which is higher than VOOG's 0.10% expense ratio.
Risk-Adjusted Performance
DBA vs. VOOG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DB Agriculture Fund (DBA) and Vanguard S&P 500 Growth ETF (VOOG). 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. VOOG - Dividend Comparison
DBA's dividend yield for the trailing twelve months is around 4.09%, more than VOOG's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBA Invesco DB Agriculture Fund | 4.09% | 4.63% | 0.48% | 0.00% | 0.00% | 1.55% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOOG Vanguard S&P 500 Growth ETF | 0.86% | 1.12% | 0.93% | 0.53% | 0.88% | 1.26% | 1.34% | 1.32% | 1.47% | 1.56% | 1.28% | 1.46% |
Drawdowns
DBA vs. VOOG - Drawdown Comparison
The maximum DBA drawdown since its inception was -67.97%, which is greater than VOOG's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for DBA and VOOG. For additional features, visit the drawdowns tool.
Volatility
DBA vs. VOOG - Volatility Comparison
Invesco DB Agriculture Fund (DBA) has a higher volatility of 9.75% compared to Vanguard S&P 500 Growth ETF (VOOG) at 5.16%. This indicates that DBA's price experiences larger fluctuations and is considered to be riskier than VOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.