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DBB vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DBB and BND is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.1

Performance

DBB vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco DB Base Metals Fund (DBB) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
-11.28%
65.17%
DBB
BND

Key characteristics

Sharpe Ratio

DBB:

0.66

BND:

0.31

Sortino Ratio

DBB:

1.06

BND:

0.46

Omega Ratio

DBB:

1.12

BND:

1.05

Calmar Ratio

DBB:

0.37

BND:

0.12

Martin Ratio

DBB:

1.74

BND:

0.87

Ulcer Index

DBB:

6.89%

BND:

1.91%

Daily Std Dev

DBB:

18.15%

BND:

5.43%

Max Drawdown

DBB:

-60.20%

BND:

-18.84%

Current Drawdown

DBB:

-20.58%

BND:

-9.27%

Returns By Period

In the year-to-date period, DBB achieves a 7.87% return, which is significantly higher than BND's 1.48% return. Over the past 10 years, DBB has outperformed BND with an annualized return of 3.30%, while BND has yielded a comparatively lower 1.36% annualized return.


DBB

YTD

7.87%

1M

-1.45%

6M

-1.35%

1Y

11.27%

5Y*

7.20%

10Y*

3.30%

BND

YTD

1.48%

1M

-0.24%

6M

1.41%

1Y

1.67%

5Y*

-0.34%

10Y*

1.36%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


DBB vs. BND - Expense Ratio Comparison

DBB has a 0.80% expense ratio, which is higher than BND's 0.03% expense ratio.


DBB
Invesco DB Base Metals Fund
Expense ratio chart for DBB: current value at 0.80% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.80%
Expense ratio chart for BND: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

DBB vs. BND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco DB Base Metals Fund (DBB) and Vanguard Total Bond Market ETF (BND). 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.


Sharpe ratio
The chart of Sharpe ratio for DBB, currently valued at 0.66, compared to the broader market0.002.004.000.660.31
The chart of Sortino ratio for DBB, currently valued at 1.06, compared to the broader market-2.000.002.004.006.008.0010.001.060.46
The chart of Omega ratio for DBB, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.121.05
The chart of Calmar ratio for DBB, currently valued at 0.37, compared to the broader market0.005.0010.0015.000.370.12
The chart of Martin ratio for DBB, currently valued at 1.74, compared to the broader market0.0020.0040.0060.0080.00100.001.740.87
DBB
BND

The current DBB Sharpe Ratio is 0.66, which is higher than the BND Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of DBB and BND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.66
0.31
DBB
BND

Dividends

DBB vs. BND - Dividend Comparison

DBB has not paid dividends to shareholders, while BND's dividend yield for the trailing twelve months is around 3.62%.


TTM20232022202120202019201820172016201520142013
DBB
Invesco DB Base Metals Fund
0.00%7.21%0.95%0.00%0.00%1.83%1.59%0.00%0.00%0.00%0.00%0.00%
BND
Vanguard Total Bond Market ETF
3.33%3.09%2.60%1.97%2.22%2.72%2.81%2.54%2.51%2.57%2.79%2.78%

Drawdowns

DBB vs. BND - Drawdown Comparison

The maximum DBB drawdown since its inception was -60.20%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for DBB and BND. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-20.58%
-9.27%
DBB
BND

Volatility

DBB vs. BND - Volatility Comparison

Invesco DB Base Metals Fund (DBB) has a higher volatility of 3.10% compared to Vanguard Total Bond Market ETF (BND) at 1.65%. This indicates that DBB's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.10%
1.65%
DBB
BND
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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