EDGX vs. DBE

Last updated Jun 4, 2026

EDGX (Global X U.S. 500 Income Edge ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - EDGX is a Derivative Income fund tracking the Solactive GBS United States 500 Index, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. Both are passively managed. At a correlation of -0.65, they often move in opposite directions.

Performance

EDGX vs. DBE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. 500 Income Edge ETF (EDGX) and Invesco DB Energy Fund (DBE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EDGX

• 1D: -0.49%
• 1M: 4.73%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DBE

• 1D: 2.33%
• 1M: -5.45%
• YTD: 83.68%
• 6M: 74.95%
• 1Y: 84.41%
• 3Y*: 23.42%
• 5Y*: 19.66%
• 10Y*: 12.03%

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

EDGX vs. DBE - Yearly Performance Comparison

	2026 (YTD)
EDGX Global X U.S. 500 Income Edge ETF	10.16%
DBE Invesco DB Energy Fund	61.69%

Correlation

The correlation between EDGX and DBE is -0.65, 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 (All Time) Calculated using the full available price history since Feb 19, 2026	-0.65

Return for Risk

EDGX vs. DBE — Risk / Return Rank

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

DBE

DBE Risk / Return Rank: 71
DBE Sharpe Ratio Rank: 74
DBE Sortino Ratio Rank: 63
DBE Omega Ratio Rank: 65
DBE Calmar Ratio Rank: 91
DBE Martin Ratio Rank: 63

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.

EDGX vs. DBE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 Income Edge ETF (EDGX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EDGX	DBE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.43	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.67	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.05	0.09	+2.96

Drawdowns

EDGX vs. DBE - Drawdown Comparison

The maximum EDGX drawdown since its inception was -7.56%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for EDGX and DBE.

Drawdown Indicators

	EDGX	DBE	Difference
Max Drawdown Largest peak-to-trough decline	-7.56%	-86.69%	+79.13%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.41%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.89%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-60.84%	—
Current Drawdown Current decline from peak	-0.49%	-30.27%	+29.78%
Average Drawdown Average peak-to-trough decline	-1.50%	-57.31%	+55.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.35%	—

Volatility

Volatility by Period

	EDGX	DBE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	30.86%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.10%	34.97%	-21.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.10%	29.39%	-16.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.10%	28.33%	-15.23%

Dividends

EDGX vs. DBE - Dividend Comparison

EDGX's dividend yield for the trailing twelve months is around 2.43%, more than DBE's 2.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DBE Invesco DB Energy Fund	2.10%	3.86%	6.32%	3.87%	0.75%	0.00%	0.00%	1.79%	1.67%
EDGX Global X U.S. 500 Income Edge ETF	2.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EDGX and DBE in my portfolio?

EDGX and DBE have a correlation of -0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, EDGX or DBE?

EDGX has the higher dividend yield at 2.43%, compared with 2.10% for DBE.

What is the main difference between EDGX and DBE?

EDGX is categorized as Derivative Income, while DBE is Oil & Gas. EDGX tracks Solactive GBS United States 500 Index, while DBE tracks DBIQ Optimum Yield Energy Index. They also come from different issuers: Global X and Invesco.