GENW vs. DBO

Last updated Aug 2, 2026

GENW (Genter Capital International Dividend ETF) and DBO (Invesco DB Oil Fund) are both exchange-traded funds - GENW is a Foreign Large Cap Equities fund actively managed by Genter Capital, while DBO is a Oil & Gas fund tracking the DBIQ Optimum Yield Crude Oil Index Excess Return. GENW is actively managed, while DBO is passively managed. Over the past year, GENW returned 34.63% vs 60.30% for DBO. Their -0.13 correlation means they have often moved in opposite directions in the past. GENW charges 0.38%/yr vs 0.78%/yr for DBO.

Performance

GENW vs. DBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Genter Capital International Dividend ETF (GENW) 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, GENW achieves a 17.31% return, which is significantly lower than DBO's 76.48% return.

GENW

• 1D: -0.35%
• 1M: 3.44%
• 6M: 9.84%
• YTD: 17.31%
• 1Y: 34.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 36.56%

DBO

• 1D: 1.56%
• 1M: 24.59%
• 6M: 53.46%
• YTD: 76.48%
• 1Y: 60.30%
• 3Y*: 14.86%
• 5Y*: 13.46%
• 10Y*: 12.59%
• ALL TIME*: 0.52%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DBO Invesco DB Oil Fund	$11.01M	$10.23M	$13.95M
GENW Genter Capital International Dividend ETF	$15.28K	$15.38K	$15.74K

GENW vs. DBO - Yearly Performance Comparison

	2026 (YTD)	2025
GENW Genter Capital International Dividend ETF	17.31%	37.92%
DBO Invesco DB Oil Fund	76.48%	-16.88%

Correlation

The correlation between GENW and DBO is -0.22, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.22
Correlation (All Time) Calculated using the full available price history since Jan 13, 2025	-0.13

Return for Risk

GENW vs. DBO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GENW

GENW Risk / Return Rank: 90
GENW Sharpe Ratio Rank: 93
GENW Sortino Ratio Rank: 92
GENW Omega Ratio Rank: 91
GENW Calmar Ratio Rank: 86
GENW Martin Ratio Rank: 86

DBO

DBO Risk / Return Rank: 58
DBO Sharpe Ratio Rank: 62
DBO Sortino Ratio Rank: 61
DBO Omega Ratio Rank: 57
DBO Calmar Ratio Rank: 57
DBO Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GENW vs. DBO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Genter Capital International Dividend ETF (GENW) 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.

	GENW	DBO	Difference
Sharpe ratio: Return per unit of total volatility	2.49	1.45	+1.05
Sortino ratio: Return per unit of downside risk	3.45	2.05	+1.40
Omega ratio: Gain probability vs. loss probability	1.44	1.25	+0.19
Calmar ratio: Return relative to maximum drawdown	3.35	2.01	+1.35
Martin ratio: Return relative to average drawdown	12.58	6.09	+6.49

GENW vs. DBO - Sharpe Ratio Comparison

The current GENW Sharpe Ratio is 2.49, which is higher than the DBO Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of GENW 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

GENW vs. DBO - Drawdown Comparison

The maximum GENW drawdown since its inception was -14.36%, smaller than the maximum DBO drawdown of -90.18%. Use the drawdown chart below to compare losses from any high point for GENW and DBO.

Drawdown Indicators

	GENW	DBO	Difference
Max Drawdown Largest peak-to-trough decline	-14.36%	-90.18%	+75.82%
Max Drawdown (1Y) Largest decline over 1 year	-10.32%	-27.73%	+17.41%
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	-0.35%	-53.56%	+53.21%
Average Drawdown Average peak-to-trough decline	-1.60%	-62.20%	+60.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.75%	9.96%	-7.21%

Volatility

GENW vs. DBO - Volatility Comparison

The current volatility for Genter Capital International Dividend ETF (GENW) is 4.08%, while Invesco DB Oil Fund (DBO) has a volatility of 17.75%. This indicates that GENW 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

	GENW	DBO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.08%	17.75%	-13.67%
Volatility (6M) Calculated over the trailing 6-month period	11.81%	33.77%	-21.96%
Volatility (1Y) Calculated over the trailing 1-year period	13.90%	38.53%	-24.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.95%	33.35%	-17.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.95%	32.20%	-16.25%

GENW vs. DBO - Expense Ratio Comparison

GENW has a 0.38% expense ratio, which is lower than DBO's 0.78% expense ratio.

Dividends

GENW vs. DBO - Dividend Comparison

GENW's dividend yield for the trailing twelve months is around 2.20%, more than DBO's 1.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DBO Invesco DB Oil Fund	1.99%	3.51%	4.68%	4.59%	0.66%	0.00%	0.00%	1.63%	1.58%
GENW Genter Capital International Dividend ETF	2.20%	2.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GENW and DBO in my portfolio?

GENW and DBO have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GENW or DBO?

DBO has higher volatility (17.75%) compared to GENW (4.08%). In terms of maximum drawdown, GENW dropped -14.36% vs DBO's -90.18%.

Which ETF is better, GENW or DBO?

On 1-year performance, DBO leads with 60.30% vs 34.63% for GENW. On fees, GENW is cheaper at 0.38% per year. On volatility, GENW has been the lower-risk option at 4.08%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GENW or DBO?

Over the 1-year period, DBO has performed better with a 60.30% return vs 34.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GENW or DBO?

GENW is cheaper with a 0.38% expense ratio, compared with 0.78% for DBO.

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

GENW has the higher dividend yield at 2.20%, compared with 1.99% for DBO.

What is the main difference between GENW and DBO?

GENW is categorized as Foreign Large Cap Equities, while DBO is Oil & Gas. They also come from different issuers: Genter Capital and Invesco. Their fees differ too: 0.38% for GENW and 0.78% for DBO.

Which has better risk-adjusted returns?

GENW currently has the higher Sharpe Ratio (2.49 vs 1.45), 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.