FIXT vs. DBO

Last updated Jun 4, 2026

FIXT (Procure Disaster Recovery Strategy ETF) and DBO (Invesco DB Oil Fund) are both exchange-traded funds - FIXT is a Global Equities fund tracking the VettaFi Natural Disaster Response and Mitigation Index, while DBO is a Oil & Gas fund tracking the DBIQ Optimum Yield Crude Oil Index Excess Return. Both are passively managed. At a correlation of -0.36, they often move in opposite directions. FIXT charges 0.75%/yr vs 0.78%/yr for DBO.

Performance

FIXT vs. DBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Procure Disaster Recovery Strategy ETF (FIXT) 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, FIXT achieves a 0.23% return, which is significantly lower than DBO's 84.75% return.

FIXT

• 1D: -0.24%
• 1M: 0.27%
• YTD: 0.23%
• 6M: 0.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DBO

• 1D: 2.27%
• 1M: -2.34%
• YTD: 84.75%
• 6M: 81.10%
• 1Y: 80.26%
• 3Y*: 21.86%
• 5Y*: 15.98%
• 10Y*: 11.37%

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

FIXT vs. DBO - Yearly Performance Comparison

	2026 (YTD)	2025
FIXT Procure Disaster Recovery Strategy ETF	0.23%	4.58%
DBO Invesco DB Oil Fund	84.75%	-10.96%

Correlation

The correlation between FIXT and DBO is -0.36, 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 Jun 17, 2025	-0.36

FIXT vs. DBO - Sectors Allocation Comparison

Sectors	FIXT	DBO
Healthcare	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	116.0%
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

FIXT vs. DBO — Risk / Return Rank

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

DBO

DBO Risk / Return Rank: 65
DBO Sharpe Ratio Rank: 70
DBO Sortino Ratio Rank: 62
DBO Omega Ratio Rank: 60
DBO Calmar Ratio Rank: 83
DBO Martin Ratio Rank: 52

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.

FIXT vs. DBO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Procure Disaster Recovery Strategy ETF (FIXT) 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.

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

Sharpe Ratios by Period

	FIXT	DBO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.34	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.50	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.34	0.02	+1.31

Drawdowns

FIXT vs. DBO - Drawdown Comparison

The maximum FIXT drawdown since its inception was -3.02%, smaller than the maximum DBO drawdown of -90.18%. Use the drawdown chart below to compare losses from any high point for FIXT and DBO.

Drawdown Indicators

	FIXT	DBO	Difference
Max Drawdown Largest peak-to-trough decline	-3.02%	-90.18%	+87.16%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.19%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-28.20%	—
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	-1.88%	-51.38%	+49.50%
Average Drawdown Average peak-to-trough decline	-0.71%	-62.25%	+61.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.92%	—

Volatility

Volatility by Period

	FIXT	DBO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	28.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.77%	34.46%	-30.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.77%	32.29%	-28.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.77%	31.78%	-28.01%

FIXT vs. DBO - Expense Ratio Comparison

FIXT has a 0.75% expense ratio, which is lower than DBO's 0.78% expense ratio.

Dividends

FIXT vs. DBO - Dividend Comparison

FIXT's dividend yield for the trailing twelve months is around 5.55%, more than DBO's 1.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DBO Invesco DB Oil Fund	1.90%	3.51%	4.68%	4.59%	0.66%	0.00%	0.00%	1.63%	1.58%
FIXT Procure Disaster Recovery Strategy ETF	5.55%	3.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FIXT and DBO in my portfolio?

FIXT and DBO have a correlation of -0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FIXT or DBO?

On fees, FIXT is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FIXT or DBO?

FIXT is cheaper with a 0.75% expense ratio, compared with 0.78% for DBO.

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

FIXT has the higher dividend yield at 5.55%, compared with 1.90% for DBO.

What is the main difference between FIXT and DBO?

FIXT is categorized as Global Equities, while DBO is Oil & Gas. FIXT tracks VettaFi Natural Disaster Response and Mitigation Index, while DBO tracks DBIQ Optimum Yield Crude Oil Index Excess Return. They also come from different issuers: Procure and Invesco. Their fees differ too: 0.75% for FIXT and 0.78% for DBO.