ODDS vs. DBE
ODDS (Pacer BlueStar Digital Entertainment ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - ODDS is a Technology Equities fund tracking the BlueStar Global Online Gambling, Video Gaming and eSports Index, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. Both are passively managed. Over the past 3 years, ODDS returned 6.87%/yr vs 17.13%/yr for DBE. At a 0.06 correlation, their price movements are largely independent. ODDS charges 0.63%/yr vs 0.78%/yr for DBE.
Performance
ODDS vs. DBE - Performance Comparison
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Returns By Period
In the year-to-date period, ODDS achieves a -12.90% return, which is significantly lower than DBE's 66.08% return.
ODDS
- 1D
- -0.26%
- 1M
- 0.36%
- 6M
- -12.54%
- YTD
- -12.90%
- 1Y
- -17.92%
- 3Y*
- 6.87%
- 5Y*
- —
- 10Y*
- —
DBE
- 1D
- 6.87%
- 1M
- -1.18%
- 6M
- 62.18%
- YTD
- 66.08%
- 1Y
- 53.22%
- 3Y*
- 17.13%
- 5Y*
- 16.54%
- 10Y*
- 11.15%
ODDS vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ODDS Pacer BlueStar Digital Entertainment ETF | -12.90% | 16.71% | 27.61% | 25.03% | -15.18% |
DBE Invesco DB Energy Fund | 66.08% | -2.17% | 2.96% | -12.14% | -3.39% |
Correlation
The correlation between ODDS and DBE is -0.19, 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 | -0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2022 | 0.06 |
The correlation between ODDS and DBE shifts across timeframes, from -0.19 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ODDS vs. DBE — Risk / Return Rank
ODDS
DBE
ODDS vs. DBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer BlueStar Digital Entertainment ETF (ODDS) 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.
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.
| ODDS | DBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.34 | ||
| Sortino ratioReturn per unit of downside risk | -3.18 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.26 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 2.16 | -2.68 |
| Martin ratioReturn relative to average drawdown | -0.82 | 6.57 | -7.38 |
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Drawdowns
ODDS vs. DBE - Drawdown Comparison
The maximum ODDS drawdown since its inception was -35.09%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for ODDS and DBE.
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Drawdown Indicators
| ODDS | DBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.09% | -86.69% | +51.60% |
Max Drawdown (1Y)Largest decline over 1 year | -35.09% | -24.72% | -10.37% |
Max Drawdown (3Y)Largest decline over 3 years | -35.09% | -24.72% | -10.37% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.74% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.84% | — |
Current DrawdownCurrent decline from peak | -27.36% | -36.95% | +9.59% |
Average DrawdownAverage peak-to-trough decline | -9.65% | -57.20% | +47.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.94% | 8.13% | +13.81% |
Volatility
ODDS vs. DBE - Volatility Comparison
The current volatility for Pacer BlueStar Digital Entertainment ETF (ODDS) is 7.14%, while Invesco DB Energy Fund (DBE) has a volatility of 12.49%. This indicates that ODDS 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
| ODDS | DBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.14% | 12.49% | -5.35% |
Volatility (6M)Calculated over the trailing 6-month period | 17.37% | 32.73% | -15.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.04% | 36.03% | -14.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.85% | 29.89% | -5.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.85% | 28.40% | -3.55% |
ODDS vs. DBE - Expense Ratio Comparison
ODDS has a 0.63% expense ratio, which is lower than DBE's 0.78% expense ratio.
Dividends
ODDS vs. DBE - Dividend Comparison
ODDS's dividend yield for the trailing twelve months is around 0.71%, less than DBE's 2.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DBE Invesco DB Energy Fund | 2.33% | 3.86% | 6.32% | 3.87% | 0.75% | 0.00% | 0.00% | 1.79% | 1.67% |
ODDS Pacer BlueStar Digital Entertainment ETF | 0.71% | 2.59% | 0.56% | 0.66% | 0.42% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ODDS and DBE have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBE has higher volatility (12.49%) compared to ODDS (7.14%). In terms of maximum drawdown, ODDS dropped -35.09% vs DBE's -86.69%.
On 3-year performance, DBE leads with 17.13% vs 6.87% for ODDS. On fees, ODDS is cheaper at 0.63% per year. On volatility, ODDS has been the lower-risk option at 7.14%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, DBE has performed better with a 17.13% return vs 6.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ODDS is cheaper with a 0.63% expense ratio, compared with 0.78% for DBE.
DBE has the higher dividend yield at 2.33%, compared with 0.71% for ODDS.
ODDS is categorized as Technology Equities, while DBE is Oil & Gas. ODDS tracks BlueStar Global Online Gambling, Video Gaming and eSports Index, while DBE tracks DBIQ Optimum Yield Energy Index. They also come from different issuers: Pacer and Invesco. Their fees differ too: 0.63% for ODDS and 0.78% for DBE.
DBE currently has the higher Sharpe Ratio (1.49 vs -0.86), 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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