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DEUS vs. DBE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DEUS vs. DBE

Last updated Jun 3, 2026

DEUS (Xtrackers Russell US Multifactor ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - DEUS is a Mid Cap Blend Equities fund tracking the Russell 1000 Comprehensive Factor Index, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. Both are passively managed. Over the past 10 years, DEUS returned 11.31%/yr vs 11.78%/yr for DBE. At a 0.19 correlation, their price movements are largely independent. DEUS charges 0.17%/yr vs 0.78%/yr for DBE.

Performance

DEUS vs. DBE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Russell US Multifactor ETF (DEUS) and Invesco DB Energy Fund (DBE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DEUS achieves a 10.91% return, which is significantly lower than DBE's 79.50% return. Both investments have delivered pretty close results over the past 10 years, with DEUS having a 11.31% annualized return and DBE not far ahead at 11.78%.

DEUS

1D
0.73%
1M
2.26%
YTD
10.91%
6M
11.97%
1Y
19.24%
3Y*
16.46%
5Y*
9.49%
10Y*
11.31%

DBE

1D
0.80%
1M
-3.65%
YTD
79.50%
6M
72.59%
1Y
82.31%
3Y*
22.48%
5Y*
19.20%
10Y*
11.78%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DEUS vs. DBE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
DEUS
Xtrackers Russell US Multifactor ETF		10.91%10.41%14.33%14.73%-11.18%26.31%8.81%28.80%-9.16%20.20%
DBE
Invesco DB Energy Fund		79.50%-2.17%2.96%-12.14%33.77%57.56%-25.91%19.72%-12.95%5.21%

Correlation

The correlation between DEUS and DBE is -0.25, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.25

Correlation (3Y)
Calculated over the trailing 3-year period

-0.04

Correlation (5Y)
Calculated over the trailing 5-year period

0.12

Correlation (10Y)
Calculated over the trailing 10-year period

0.19

Correlation (All Time)
Calculated using the full available price history since Nov 25, 2015

0.19

The correlation between DEUS and DBE shifts across timeframes, from -0.25 (1 year) to 0.19 (10 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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

Xtrackers Russell US Multifactor ETF

Invesco DB Energy Fund

Often compared with DEUS:
DEUS vs. SPYDEUS vs. JPMEDEUS vs. QLVDEUS vs. DYNFDEUS vs. IMCBDEUS vs. JPSTDEUS vs. FLQM
Often compared with DBE:
DBE vs. DBBDBE vs. XLEDBE vs. VDEDBE vs. COMTDBE vs. XLKDBE vs. GLDDBE vs. TIP

Return for Risk

DEUS vs. DBE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DEUS
DEUS Risk / Return Rank: 5353
Overall Rank
DEUS Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
DEUS Sortino Ratio Rank: 5353
Sortino Ratio Rank
DEUS Omega Ratio Rank: 4848
Omega Ratio Rank
DEUS Calmar Ratio Rank: 5555
Calmar Ratio Rank
DEUS Martin Ratio Rank: 5959
Martin Ratio Rank
DBE
DBE Risk / Return Rank: 7171
Overall Rank
DBE Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
DBE Sortino Ratio Rank: 6161
Sortino Ratio Rank
DBE Omega Ratio Rank: 6464
Omega Ratio Rank
DBE Calmar Ratio Rank: 9292
Calmar Ratio Rank
DBE Martin Ratio Rank: 6565
Martin Ratio Rank
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.

DEUS vs. DBE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Russell US Multifactor ETF (DEUS) and Invesco DB Energy Fund (DBE). 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.

DEUSDBEDifference

Sharpe ratio

Return per unit of total volatility

1.75

2.37

-0.62

Sortino ratio

Return per unit of downside risk

2.59

2.91

-0.32

Omega ratio

Gain probability vs. loss probability

1.31

1.39

-0.09

Calmar ratio

Return relative to maximum drawdown

2.79

6.10

-3.31

Martin ratio

Return relative to average drawdown

10.62

11.98

-1.36

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DEUS vs. DBE - Sharpe Ratio Comparison

The current DEUS Sharpe Ratio is 1.75, which is comparable to the DBE Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of DEUS and DBE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

DEUSDBEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.75

2.37

-0.62

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.61

0.66

-0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.63

0.42

+0.21

Sharpe Ratio (All Time)

Calculated using the full available price history

0.64

0.09

+0.55

Drawdowns

DEUS vs. DBE - Drawdown Comparison

The maximum DEUS drawdown since its inception was -40.47%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for DEUS and DBE.

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Drawdown Indicators

DEUSDBEDifference

Max Drawdown

Largest peak-to-trough decline

-40.47%

-86.69%

+46.22%

Max Drawdown (1Y)

Largest decline over 1 year

-6.83%

-14.41%

+7.58%

Max Drawdown (3Y)

Largest decline over 3 years

-16.69%

-23.89%

+7.20%

Max Drawdown (5Y)

Largest decline over 5 years

-20.89%

-38.74%

+17.85%

Max Drawdown (10Y)

Largest decline over 10 years

-40.47%

-60.84%

+20.37%

Current Drawdown

Current decline from peak

0.00%

-31.85%

+31.85%

Average Drawdown

Average peak-to-trough decline

-4.34%

-57.31%

+52.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.80%

7.34%

-5.54%

Volatility

DEUS vs. DBE - Volatility Comparison

The current volatility for Xtrackers Russell US Multifactor ETF (DEUS) is 2.97%, while Invesco DB Energy Fund (DBE) has a volatility of 13.47%. This indicates that DEUS experiences smaller price fluctuations and is considered to be less risky than DBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DEUSDBEDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.97%

13.47%

-10.50%

Volatility (6M)

Calculated over the trailing 6-month period

8.17%

30.80%

-22.63%

Volatility (1Y)

Calculated over the trailing 1-year period

11.02%

35.02%

-24.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.55%

29.37%

-13.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.98%

28.33%

-10.35%

DEUS vs. DBE - Expense Ratio Comparison

DEUS has a 0.17% expense ratio, which is lower than DBE's 0.78% expense ratio.

Dividends

DEUS vs. DBE - Dividend Comparison

DEUS's dividend yield for the trailing twelve months is around 1.45%, less than DBE's 2.15% yield.

PositionTTM2025202420232022202120202019201820172016
DBE
Invesco DB Energy Fund		2.15%3.86%6.32%3.87%0.75%0.00%0.00%1.79%1.67%0.00%0.00%
DEUS
Xtrackers Russell US Multifactor ETF		1.45%1.59%1.36%1.49%1.74%1.14%1.61%1.65%1.77%1.31%2.75%

Frequently Asked Questions

DEUS and DBE have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DBE has higher volatility (13.47%) compared to DEUS (2.97%). In terms of maximum drawdown, DEUS dropped -40.47% vs DBE's -86.69%.

On 10-year performance, DBE leads with 11.78% vs 11.31% for DEUS. On fees, DEUS is cheaper at 0.17% per year. On volatility, DEUS has been the lower-risk option at 2.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, DBE has performed better with a 11.78% return vs 11.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

DEUS is cheaper with a 0.17% expense ratio, compared with 0.78% for DBE.

DBE has the higher dividend yield at 2.15%, compared with 1.45% for DEUS.

DEUS is categorized as Mid Cap Blend Equities, while DBE is Oil & Gas. DEUS tracks Russell 1000 Comprehensive Factor Index, while DBE tracks DBIQ Optimum Yield Energy Index. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.17% for DEUS and 0.78% for DBE.

DBE currently has the higher Sharpe Ratio (2.37 vs 1.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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