DBB vs. BCIM

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco DB Base Metals Fund (DBB) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM).

DBB and BCIM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DBB is a passively managed fund by Invesco that tracks the performance of the DBIQ Optimum Yield Industrial Metals Index Excess Return. It was launched on Jan 5, 2007. BCIM is a passively managed fund by Aberdeen that tracks the performance of the Bloomberg Industrial Metals. It was launched on Sep 22, 2021. Both DBB and BCIM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

DBB vs. BCIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco DB Base Metals Fund (DBB) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM). The values are adjusted to include any dividend payments, if applicable.

DBB vs. BCIM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DBB Invesco DB Base Metals Fund	2.44%	25.01%	7.90%	1.15%	-11.80%	4.56%
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	0.00%	10.71%	3.30%	-9.68%	-3.29%	4.17%

Returns By Period

DBB

• 1D: 0.69%
• 1M: -2.81%
• YTD: 2.44%
• 6M: 17.52%
• 1Y: 25.79%
• 3Y*: 10.41%
• 5Y*: 8.01%
• 10Y*: 8.49%

BCIM

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DBB vs. BCIM - Expense Ratio Comparison

DBB has a 0.80% expense ratio, which is higher than BCIM's 0.41% expense ratio.

DBB

Invesco DB Base Metals Fund

BCIM

abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF

Return for Risk

DBB vs. BCIM — Risk / Return Rank

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

DBB

DBB Risk / Return Rank: 75
DBB Sharpe Ratio Rank: 78
DBB Sortino Ratio Rank: 76
DBB Omega Ratio Rank: 68
DBB Calmar Ratio Rank: 83
DBB Martin Ratio Rank: 73

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.

DBB vs. BCIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco DB Base Metals Fund (DBB) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM). 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.

	DBB	BCIM	Difference
Sharpe ratio Return per unit of total volatility	1.38	—	—
Sortino ratio Return per unit of downside risk	1.88	—	—
Omega ratio Gain probability vs. loss probability	1.24	—	—
Calmar ratio Return relative to maximum drawdown	2.29	—	—
Martin ratio Return relative to average drawdown	7.26	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DBB	BCIM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	—	—

Correlation

The correlation between DBB and BCIM is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DBB vs. BCIM - Dividend Comparison

DBB's dividend yield for the trailing twelve months is around 2.55%, less than BCIM's 3.77% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DBB Invesco DB Base Metals Fund	2.55%	2.61%	4.75%	7.21%	0.94%	0.00%	0.00%	1.83%	1.59%
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	3.77%	3.77%	11.47%	3.36%	0.72%	1.57%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	DBB	BCIM	Difference
Max Drawdown Largest peak-to-trough decline	-60.20%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.00%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.00%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.98%	—	—
Current Drawdown Current decline from peak	-6.37%	—	—
Average Drawdown Average peak-to-trough decline	-31.16%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	—	—

Volatility

Volatility by Period

	DBB	BCIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.07%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.84%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.29%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.46%	—	—