DBB vs. COMT
Compare and contrast key facts about Invesco DB Base Metals Fund (DBB) and iShares Commodities Select Strategy ETF (COMT).
DBB and COMT 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. COMT is an actively managed fund by iShares. It was launched on Oct 15, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DBB or COMT.
Performance
DBB vs. COMT - Performance Comparison
Returns By Period
In the year-to-date period, DBB achieves a 9.45% return, which is significantly higher than COMT's 4.23% return. Over the past 10 years, DBB has outperformed COMT with an annualized return of 2.73%, while COMT has yielded a comparatively lower 0.50% annualized return.
DBB
9.45%
-2.44%
-5.03%
14.17%
8.30%
2.73%
COMT
4.23%
0.08%
-4.07%
-0.93%
6.34%
0.50%
Key characteristics
| DBB | COMT | |
|---|---|---|
| Sharpe Ratio | 0.76 | -0.03 |
| Sortino Ratio | 1.20 | 0.06 |
| Omega Ratio | 1.14 | 1.01 |
| Calmar Ratio | 0.43 | -0.02 |
| Martin Ratio | 2.11 | -0.09 |
| Ulcer Index | 6.61% | 4.66% |
| Daily Std Dev | 18.38% | 14.81% |
| Max Drawdown | -60.20% | -51.89% |
| Current Drawdown | -19.41% | -22.09% |
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DBB vs. COMT - Expense Ratio Comparison
DBB has a 0.80% expense ratio, which is higher than COMT's 0.48% expense ratio.
Correlation
The correlation between DBB and COMT is 0.45, 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.
Risk-Adjusted Performance
DBB vs. COMT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DB Base Metals Fund (DBB) and iShares Commodities Select Strategy ETF (COMT). 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
DBB vs. COMT - Dividend Comparison
DBB's dividend yield for the trailing twelve months is around 6.59%, more than COMT's 4.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
DBB Invesco DB Base Metals Fund | 6.59% | 7.21% | 0.95% | 0.00% | 0.00% | 1.83% | 1.59% | 0.00% | 0.00% | 0.00% | 0.00% |
COMT iShares Commodities Select Strategy ETF | 4.98% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% | 0.56% |
Drawdowns
DBB vs. COMT - Drawdown Comparison
The maximum DBB drawdown since its inception was -60.20%, which is greater than COMT's maximum drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for DBB and COMT. For additional features, visit the drawdowns tool.
Volatility
DBB vs. COMT - Volatility Comparison
Invesco DB Base Metals Fund (DBB) has a higher volatility of 6.92% compared to iShares Commodities Select Strategy ETF (COMT) at 5.29%. This indicates that DBB's price experiences larger fluctuations and is considered to be riskier than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.