DYTA vs. DBO

Last updated Jun 24, 2026

DYTA (SGI Dynamic Tactical ETF) and DBO (Invesco DB Oil Fund) are both exchange-traded funds - DYTA is a Global Allocation fund actively managed by Summit Global Investments, while DBO is a Oil & Gas fund tracking the DBIQ Optimum Yield Crude Oil Index Excess Return. DYTA is actively managed, while DBO is passively managed. Over the past 3 years, DYTA returned 11.49%/yr vs 14.32%/yr for DBO. At a correlation of -0.02, they often move in opposite directions. DYTA charges 1.04%/yr vs 0.78%/yr for DBO.

Performance

DYTA vs. DBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SGI Dynamic Tactical ETF (DYTA) and Invesco DB Oil Fund (DBO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DYTA achieves a 7.51% return, which is significantly lower than DBO's 50.16% return.

DYTA

• 1D: -1.34%
• 1M: 1.25%
• YTD: 7.51%
• 6M: 7.14%
• 1Y: 14.81%
• 3Y*: 11.49%
• 5Y*: —
• 10Y*: —

DBO

• 1D: -1.13%
• 1M: -18.58%
• YTD: 50.16%
• 6M: 47.74%
• 1Y: 36.30%
• 3Y*: 14.32%
• 5Y*: 10.16%
• 10Y*: 9.22%

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

DYTA vs. DBO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DYTA SGI Dynamic Tactical ETF	7.51%	6.95%	13.59%	8.81%
DBO Invesco DB Oil Fund	50.16%	-11.71%	7.85%	2.64%

Correlation

The correlation between DYTA and DBO is -0.27, 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	-0.27
Correlation (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (All Time) Calculated using the full available price history since Mar 30, 2023	-0.02

Over the past year, the inverse relationship between DYTA and DBO has strengthened: their correlation has moved from -0.02 to -0.27, meaning they now move in opposite directions more often than their long-term average.

Return for Risk

DYTA vs. DBO — Risk / Return Rank

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

DYTA

DYTA Risk / Return Rank: 46
DYTA Sharpe Ratio Rank: 45
DYTA Sortino Ratio Rank: 44
DYTA Omega Ratio Rank: 55
DYTA Calmar Ratio Rank: 34
DYTA Martin Ratio Rank: 51

DBO

DBO Risk / Return Rank: 31
DBO Sharpe Ratio Rank: 31
DBO Sortino Ratio Rank: 31
DBO Omega Ratio Rank: 30
DBO Calmar Ratio Rank: 33
DBO Martin Ratio Rank: 31

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.

DYTA vs. DBO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SGI Dynamic Tactical ETF (DYTA) and Invesco DB Oil Fund (DBO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DYTA	DBO	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.06	+0.38
Sortino ratio: Return per unit of downside risk	2.03	1.61	+0.42
Omega ratio: Gain probability vs. loss probability	1.31	1.19	+0.12
Calmar ratio: Return relative to maximum drawdown	1.59	1.58	+0.01
Martin ratio: Return relative to average drawdown	8.10	4.29	+3.81

DYTA vs. DBO - Sharpe Ratio Comparison

The current DYTA Sharpe Ratio is 1.44, which is higher than the DBO Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of DYTA and DBO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DYTA vs. DBO - Drawdown Comparison

The maximum DYTA drawdown since its inception was -9.41%, smaller than the maximum DBO drawdown of -90.18%. Use the drawdown chart below to compare losses from any high point for DYTA and DBO.

Drawdown Indicators

	DYTA	DBO	Difference
Max Drawdown Largest peak-to-trough decline	-9.41%	-90.18%	+80.77%
Max Drawdown (1Y) Largest decline over 1 year	-9.33%	-23.03%	+13.70%
Max Drawdown (3Y) Largest decline over 3 years	-9.41%	-28.20%	+18.79%
Max Drawdown (5Y) Largest decline over 5 years	—	-37.68%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-61.69%	—
Current Drawdown Current decline from peak	-1.34%	-60.48%	+59.14%
Average Drawdown Average peak-to-trough decline	-2.19%	-62.22%	+60.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	8.51%	-6.68%

Volatility

DYTA vs. DBO - Volatility Comparison

The current volatility for SGI Dynamic Tactical ETF (DYTA) is 3.97%, while Invesco DB Oil Fund (DBO) has a volatility of 10.29%. This indicates that DYTA experiences smaller price fluctuations and is considered to be less risky than DBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DYTA	DBO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.97%	10.29%	-6.32%
Volatility (6M) Calculated over the trailing 6-month period	10.02%	29.36%	-19.34%
Volatility (1Y) Calculated over the trailing 1-year period	10.34%	34.89%	-24.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.93%	32.54%	-21.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.93%	31.81%	-20.88%

DYTA vs. DBO - Expense Ratio Comparison

DYTA has a 1.04% expense ratio, which is higher than DBO's 0.78% expense ratio.

Dividends

DYTA vs. DBO - Dividend Comparison

DYTA's dividend yield for the trailing twelve months is around 1.52%, less than DBO's 2.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DBO Invesco DB Oil Fund	2.34%	3.51%	4.68%	4.59%	0.66%	0.00%	0.00%	1.63%	1.58%
DYTA SGI Dynamic Tactical ETF	1.52%	1.64%	10.80%	0.89%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DYTA and DBO in my portfolio?

DYTA and DBO have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DYTA or DBO?

DBO has higher volatility (10.29%) compared to DYTA (3.97%). In terms of maximum drawdown, DYTA dropped -9.41% vs DBO's -90.18%.

Which ETF is better, DYTA or DBO?

On 3-year performance, DBO leads with 14.32% vs 11.49% for DYTA. On fees, DBO is cheaper at 0.78% per year. On volatility, DYTA has been the lower-risk option at 3.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DYTA or DBO?

Over the 3-year period, DBO has performed better with a 14.32% return vs 11.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DYTA or DBO?

DBO is cheaper with a 0.78% expense ratio, compared with 1.04% for DYTA.

Which ETF pays a higher dividend yield, DYTA or DBO?

DBO has the higher dividend yield at 2.34%, compared with 1.52% for DYTA.

What is the main difference between DYTA and DBO?

DYTA is categorized as Global Allocation, while DBO is Oil & Gas. They also come from different issuers: Summit Global Investments and Invesco. Their fees differ too: 1.04% for DYTA and 0.78% for DBO.

Which has better risk-adjusted returns?

DYTA currently has the higher Sharpe Ratio (1.44 vs 1.06), 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.