PRAE vs. DBE
PRAE (PlanRock Alternative Growth ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - PRAE is a Diversified Portfolio fund actively managed by PlanRock, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. PRAE is actively managed, while DBE is passively managed. Over the past year, PRAE returned 34.75% vs 84.41% for DBE. At a correlation of -0.05, they often move in opposite directions. PRAE charges 1.43%/yr vs 0.78%/yr for DBE.
Performance
PRAE vs. DBE - Performance Comparison
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Returns By Period
In the year-to-date period, PRAE achieves a 12.14% return, which is significantly lower than DBE's 83.68% return.
PRAE
- 1D
- -0.42%
- 1M
- 4.32%
- YTD
- 12.14%
- 6M
- 12.91%
- 1Y
- 34.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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%
PRAE vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PRAE PlanRock Alternative Growth ETF | 12.14% | 13.70% | 8.54% | 0.57% |
DBE Invesco DB Energy Fund | 83.68% | -2.17% | 2.96% | -4.29% |
Correlation
The correlation between PRAE and DBE is -0.21, 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 | -0.21 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2023 | -0.05 |
The correlation between PRAE and DBE shifts across timeframes, from -0.21 (1 year) to -0.05 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PRAE vs. DBE — Risk / Return Rank
PRAE
DBE
PRAE vs. DBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PlanRock Alternative Growth ETF (PRAE) 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.
| PRAE | DBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.40 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.57 | 5.89 | -2.32 |
| Martin ratioReturn relative to average drawdown | 12.50 | 11.53 | +0.97 |
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
| PRAE | DBE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.34 | 2.43 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.67 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.09 | +0.89 |
Drawdowns
PRAE vs. DBE - Drawdown Comparison
The maximum PRAE drawdown since its inception was -17.67%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for PRAE and DBE.
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Drawdown Indicators
| PRAE | DBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.67% | -86.69% | +69.02% |
Max Drawdown (1Y)Largest decline over 1 year | -9.77% | -14.41% | +4.64% |
Max Drawdown (3Y)Largest decline over 3 years | — | -23.89% | — |
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 | -0.42% | -30.27% | +29.85% |
Average DrawdownAverage peak-to-trough decline | -4.13% | -57.31% | +53.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 7.35% | -4.56% |
Volatility
PRAE vs. DBE - Volatility Comparison
The current volatility for PlanRock Alternative Growth ETF (PRAE) is 3.66%, while Invesco DB Energy Fund (DBE) has a volatility of 12.95%. This indicates that PRAE 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
| PRAE | DBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.66% | 12.95% | -9.29% |
Volatility (6M)Calculated over the trailing 6-month period | 11.98% | 30.86% | -18.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.90% | 34.97% | -20.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.82% | 29.39% | -14.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.82% | 28.33% | -13.51% |
PRAE vs. DBE - Expense Ratio Comparison
PRAE has a 1.43% expense ratio, which is higher than DBE's 0.78% expense ratio.
Dividends
PRAE vs. DBE - Dividend Comparison
PRAE's dividend yield for the trailing twelve months is around 0.47%, less than DBE's 2.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DBE Invesco DB Energy Fund | 2.10% | 3.86% | 6.32% | 3.87% | 0.75% | 0.00% | 0.00% | 1.79% | 1.67% |
PRAE PlanRock Alternative Growth ETF | 0.47% | 0.18% | 0.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PRAE and DBE have a correlation of -0.21, 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 PRAE (3.66%). In terms of maximum drawdown, PRAE dropped -17.67% vs DBE's -86.69%.
On 1-year performance, DBE leads with 84.41% vs 34.75% for PRAE. On fees, DBE is cheaper at 0.78% per year. On volatility, PRAE has been the lower-risk option at 3.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DBE has performed better with a 84.41% return vs 34.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DBE is cheaper with a 0.78% expense ratio, compared with 1.43% for PRAE.
DBE has the higher dividend yield at 2.10%, compared with 0.47% for PRAE.
PRAE is categorized as Diversified Portfolio, while DBE is Oil & Gas. They also come from different issuers: PlanRock and Invesco. Their fees differ too: 1.43% for PRAE and 0.78% for DBE.
DBE currently has the higher Sharpe Ratio (2.43 vs 2.34), 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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