DBB vs. DBC
Compare and contrast key facts about Invesco DB Base Metals Fund (DBB) and Invesco DB Commodity Index Tracking Fund (DBC).
DBB and DBC 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. DBC is a passively managed fund by Invesco that tracks the performance of the DBIQ Optimum Yield Diversified Commodity Index Excess Return. It was launched on Feb 3, 2006. Both DBB and DBC 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: DBB or DBC.
Correlation
The correlation between DBB and DBC is 0.52, 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.
Performance
DBB vs. DBC - Performance Comparison
Key characteristics
DBB:
1.03
DBC:
0.60
DBB:
1.55
DBC:
0.94
DBB:
1.18
DBC:
1.11
DBB:
0.56
DBC:
0.17
DBB:
2.66
DBC:
1.62
DBB:
6.90%
DBC:
5.17%
DBB:
17.84%
DBC:
14.08%
DBB:
-60.20%
DBC:
-76.36%
DBB:
-18.44%
DBC:
-43.76%
Returns By Period
In the year-to-date period, DBB achieves a 2.65% return, which is significantly lower than DBC's 5.10% return. Both investments have delivered pretty close results over the past 10 years, with DBB having a 4.14% annualized return and DBC not far behind at 4.04%.
DBB
2.65%
3.37%
5.57%
18.40%
7.44%
4.14%
DBC
5.10%
8.18%
4.83%
7.69%
9.66%
4.04%
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DBB vs. DBC - Expense Ratio Comparison
DBB has a 0.80% expense ratio, which is lower than DBC's 0.85% expense ratio.
Risk-Adjusted Performance
DBB vs. DBC — Risk-Adjusted Performance Rank
DBB
DBC
DBB vs. DBC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DB Base Metals Fund (DBB) and Invesco DB Commodity Index Tracking Fund (DBC). 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. DBC - Dividend Comparison
DBB's dividend yield for the trailing twelve months is around 4.63%, less than DBC's 4.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
DBB Invesco DB Base Metals Fund | 4.63% | 4.75% | 7.21% | 0.95% | 0.00% | 0.00% | 1.83% | 1.59% |
DBC Invesco DB Commodity Index Tracking Fund | 4.97% | 5.22% | 4.94% | 0.59% | 0.00% | 0.00% | 1.59% | 1.30% |
Drawdowns
DBB vs. DBC - Drawdown Comparison
The maximum DBB drawdown since its inception was -60.20%, smaller than the maximum DBC drawdown of -76.36%. Use the drawdown chart below to compare losses from any high point for DBB and DBC. For additional features, visit the drawdowns tool.
Volatility
DBB vs. DBC - Volatility Comparison
The current volatility for Invesco DB Base Metals Fund (DBB) is 3.14%, while Invesco DB Commodity Index Tracking Fund (DBC) has a volatility of 3.77%. This indicates that DBB experiences smaller price fluctuations and is considered to be less risky than DBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.