OKLO vs. DBC
OKLO (Oklo Inc.) is a stock, while DBC (Invesco DB Commodity Index Tracking Fund) is Commodities fund tracking the DBIQ Optimum Yield Diversified Commodity Index Excess Return. Over the past 5 years, OKLO returned 35.86%/yr vs 11.58%/yr for DBC. At a 0.02 correlation, their price movements are largely independent.
Performance
OKLO vs. DBC - Performance Comparison
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Returns By Period
In the year-to-date period, OKLO achieves a -35.56% return, which is significantly lower than DBC's 28.04% return.
OKLO
- 1D
- 0.94%
- 1M
- -19.57%
- 6M
- -52.37%
- YTD
- -35.56%
- 1Y
- -25.91%
- 3Y*
- 64.59%
- 5Y*
- 35.86%
- 10Y*
- —
DBC
- 1D
- 1.06%
- 1M
- 0.28%
- 6M
- 22.51%
- YTD
- 28.04%
- 1Y
- 32.59%
- 3Y*
- 11.43%
- 5Y*
- 11.58%
- 10Y*
- 8.53%
OKLO vs. DBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
OKLO Oklo Inc. | -35.56% | 238.01% | 101.04% | 6.45% | 0.71% | -1.50% |
DBC Invesco DB Commodity Index Tracking Fund | 28.04% | 8.10% | 2.18% | -6.19% | 19.34% | 10.89% |
Correlation
The correlation between OKLO and DBC is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2021 | 0.02 |
The correlation between OKLO and DBC shifts across timeframes, from -0.08 (1 year) to 0.03 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
OKLO vs. DBC — Risk / Return Rank
OKLO
DBC
OKLO vs. DBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oklo Inc. (OKLO) and Invesco DB Commodity Index Tracking Fund (DBC). 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.
| OKLO | DBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.00 | ||
| Sortino ratioReturn per unit of downside risk | -2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.30 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 1.98 | -2.33 |
| Martin ratioReturn relative to average drawdown | -0.52 | 6.89 | -7.41 |
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Drawdowns
OKLO vs. DBC - Drawdown Comparison
The maximum OKLO drawdown since its inception was -73.83%, roughly equal to the maximum DBC drawdown of -76.36%. Use the drawdown chart below to compare losses from any high point for OKLO and DBC.
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Drawdown Indicators
| OKLO | DBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.83% | -76.36% | +2.53% |
Max Drawdown (1Y)Largest decline over 1 year | -73.83% | -16.54% | -57.29% |
Max Drawdown (3Y)Largest decline over 3 years | -73.83% | -16.54% | -57.29% |
Max Drawdown (5Y)Largest decline over 5 years | -73.83% | -27.34% | -46.49% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.71% | — |
Current DrawdownCurrent decline from peak | -73.45% | -25.93% | -47.52% |
Average DrawdownAverage peak-to-trough decline | -18.95% | -46.13% | +27.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.59% | 4.74% | +44.85% |
Volatility
OKLO vs. DBC - Volatility Comparison
Oklo Inc. (OKLO) has a higher volatility of 18.00% compared to Invesco DB Commodity Index Tracking Fund (DBC) at 6.10%. This indicates that OKLO's price experiences larger fluctuations and is considered to be riskier than DBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OKLO | DBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.00% | 6.10% | +11.90% |
Volatility (6M)Calculated over the trailing 6-month period | 65.35% | 16.70% | +48.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 101.37% | 18.83% | +82.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.76% | 19.28% | +66.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.59% | 17.80% | +67.79% |
Dividends
OKLO vs. DBC - Dividend Comparison
OKLO has not paid dividends to shareholders, while DBC's dividend yield for the trailing twelve months is around 2.60%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DBC Invesco DB Commodity Index Tracking Fund | 2.60% | 3.33% | 5.22% | 4.94% | 0.59% | 0.00% | 0.00% | 1.59% | 1.30% |
OKLO Oklo Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
OKLO and DBC have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OKLO has higher volatility (18.00%) compared to DBC (6.10%). In terms of maximum drawdown, OKLO dropped -73.83% vs DBC's -76.36%.
DBC currently has the higher Sharpe Ratio (1.74 vs -0.26), 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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