IDX vs. DBE
IDX (VanEck Vectors Indonesia Index ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - IDX is a Asia Pacific Equities fund tracking the MVIS Indonesia Index, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. Both are passively managed. Over the past 10 years, IDX returned -4.06%/yr vs 12.03%/yr for DBE. At a 0.25 correlation, their price movements are largely independent. IDX charges 0.57%/yr vs 0.78%/yr for DBE.
Performance
IDX vs. DBE - Performance Comparison
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Returns By Period
In the year-to-date period, IDX achieves a -35.74% return, which is significantly lower than DBE's 83.68% return. Over the past 10 years, IDX has underperformed DBE with an annualized return of -4.06%, while DBE has yielded a comparatively higher 12.03% annualized return.
IDX
- 1D
- -4.67%
- 1M
- -17.75%
- YTD
- -35.74%
- 6M
- -36.84%
- 1Y
- -25.49%
- 3Y*
- -13.44%
- 5Y*
- -8.94%
- 10Y*
- -4.06%
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%
IDX vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDX VanEck Vectors Indonesia Index ETF | -35.74% | 13.83% | -9.75% | 1.98% | -9.40% | -2.59% | -7.45% | 6.26% | -10.46% | 19.24% |
DBE Invesco DB Energy Fund | 83.68% | -2.17% | 2.96% | -12.14% | 33.77% | 57.56% | -25.91% | 19.72% | -12.95% | 5.21% |
Correlation
The correlation between IDX 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 | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2009 | 0.25 |
The correlation between IDX and DBE shifts across timeframes, from -0.25 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IDX vs. DBE — Risk / Return Rank
IDX
DBE
IDX vs. DBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Indonesia Index ETF (IDX) 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.
| IDX | DBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.45 | ||
| Sortino ratioReturn per unit of downside risk | -4.25 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.40 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 5.89 | -6.56 |
| Martin ratioReturn relative to average drawdown | -1.99 | 11.53 | -13.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IDX | DBE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.02 | 2.43 | -3.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.44 | 0.67 | -1.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.17 | 0.43 | -0.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.09 | +0.05 |
Drawdowns
IDX vs. DBE - Drawdown Comparison
The maximum IDX drawdown since its inception was -63.14%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for IDX and DBE.
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Drawdown Indicators
| IDX | DBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.14% | -86.69% | +23.55% |
Max Drawdown (1Y)Largest decline over 1 year | -38.42% | -14.41% | -24.01% |
Max Drawdown (3Y)Largest decline over 3 years | -40.88% | -23.89% | -16.99% |
Max Drawdown (5Y)Largest decline over 5 years | -45.90% | -38.74% | -7.16% |
Max Drawdown (10Y)Largest decline over 10 years | -59.11% | -60.84% | +1.73% |
Current DrawdownCurrent decline from peak | -56.42% | -30.27% | -26.15% |
Average DrawdownAverage peak-to-trough decline | -24.83% | -57.31% | +32.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.84% | 7.35% | +5.49% |
Volatility
IDX vs. DBE - Volatility Comparison
The current volatility for VanEck Vectors Indonesia Index ETF (IDX) is 9.05%, while Invesco DB Energy Fund (DBE) has a volatility of 12.95%. This indicates that IDX 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
| IDX | DBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.05% | 12.95% | -3.90% |
Volatility (6M)Calculated over the trailing 6-month period | 22.03% | 30.86% | -8.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.04% | 34.97% | -9.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.42% | 29.39% | -8.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.31% | 28.33% | -4.02% |
IDX vs. DBE - Expense Ratio Comparison
IDX has a 0.57% expense ratio, which is lower than DBE's 0.78% expense ratio.
Dividends
IDX vs. DBE - Dividend Comparison
IDX's dividend yield for the trailing twelve months is around 3.24%, more than DBE's 2.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBE Invesco DB Energy Fund | 2.10% | 3.86% | 6.32% | 3.87% | 0.75% | 0.00% | 0.00% | 1.79% | 1.67% | 0.00% | 0.00% | 0.00% |
IDX VanEck Vectors Indonesia Index ETF | 3.24% | 2.08% | 4.01% | 3.62% | 3.64% | 1.08% | 1.66% | 2.21% | 2.19% | 1.85% | 1.16% | 2.43% |
Frequently Asked Questions
IDX 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 (12.95%) compared to IDX (9.05%). In terms of maximum drawdown, IDX dropped -63.14% vs DBE's -86.69%.
On 10-year performance, DBE leads with 12.03% vs -4.06% for IDX. On fees, IDX is cheaper at 0.57% per year. On volatility, IDX has been the lower-risk option at 9.05%. 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 12.03% return vs -4.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IDX is cheaper with a 0.57% expense ratio, compared with 0.78% for DBE.
IDX has the higher dividend yield at 3.24%, compared with 2.10% for DBE.
IDX is categorized as Asia Pacific Equities, while DBE is Oil & Gas. IDX tracks MVIS Indonesia Index, while DBE tracks DBIQ Optimum Yield Energy Index. They also come from different issuers: VanEck and Invesco. Their fees differ too: 0.57% for IDX and 0.78% for DBE.
DBE currently has the higher Sharpe Ratio (2.43 vs -1.02), 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.
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