QGRO vs. DBE
QGRO (American Century STOXX U.S. Quality Growth ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - QGRO is a Large Cap Growth Equities fund tracking the iSTOXX American Century USA Quality Growth (USD)(GR), while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. Both are passively managed. Over the past 5 years, QGRO returned 12.22%/yr vs 19.66%/yr for DBE. At a 0.13 correlation, their price movements are largely independent. QGRO charges 0.29%/yr vs 0.78%/yr for DBE.
Performance
QGRO vs. DBE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QGRO achieves a 2.19% return, which is significantly lower than DBE's 83.68% return.
QGRO
- 1D
- -0.43%
- 1M
- 4.28%
- YTD
- 2.19%
- 6M
- 2.57%
- 1Y
- 10.81%
- 3Y*
- 21.29%
- 5Y*
- 12.22%
- 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%
QGRO vs. DBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
QGRO American Century STOXX U.S. Quality Growth ETF | 2.19% | 15.18% | 31.42% | 32.42% | -24.54% | 24.57% | 37.99% | 35.09% | -16.85% |
DBE Invesco DB Energy Fund | 83.68% | -2.17% | 2.96% | -12.14% | 33.77% | 57.56% | -25.91% | 19.72% | -27.31% |
Correlation
The correlation between QGRO and DBE is -0.32, 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 | -0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2018 | 0.13 |
The correlation between QGRO and DBE shifts across timeframes, from -0.32 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QGRO vs. DBE — Risk / Return Rank
QGRO
DBE
QGRO vs. DBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century STOXX U.S. Quality Growth ETF (QGRO) 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.
| QGRO | DBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.72 | ||
| Sortino ratioReturn per unit of downside risk | -1.88 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.40 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 5.89 | -5.09 |
| Martin ratioReturn relative to average drawdown | 2.69 | 11.53 | -8.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| QGRO | DBE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | 2.43 | -1.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.67 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.09 | +0.57 |
Drawdowns
QGRO vs. DBE - Drawdown Comparison
The maximum QGRO drawdown since its inception was -32.56%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for QGRO and DBE.
Loading charts...
Drawdown Indicators
| QGRO | DBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.56% | -86.69% | +54.13% |
Max Drawdown (1Y)Largest decline over 1 year | -13.54% | -14.41% | +0.87% |
Max Drawdown (3Y)Largest decline over 3 years | -23.82% | -23.89% | +0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -31.86% | -38.74% | +6.88% |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.84% | — |
Current DrawdownCurrent decline from peak | -0.67% | -30.27% | +29.60% |
Average DrawdownAverage peak-to-trough decline | -7.68% | -57.31% | +49.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.03% | 7.35% | -3.32% |
Volatility
QGRO vs. DBE - Volatility Comparison
The current volatility for American Century STOXX U.S. Quality Growth ETF (QGRO) is 3.38%, while Invesco DB Energy Fund (DBE) has a volatility of 12.95%. This indicates that QGRO 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.
Loading charts...
Volatility by Period
| QGRO | DBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 12.95% | -9.57% |
Volatility (6M)Calculated over the trailing 6-month period | 11.71% | 30.86% | -19.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.33% | 34.97% | -19.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.06% | 29.39% | -8.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.93% | 28.33% | -5.40% |
QGRO vs. DBE - Expense Ratio Comparison
QGRO has a 0.29% expense ratio, which is lower than DBE's 0.78% expense ratio.
Dividends
QGRO vs. DBE - Dividend Comparison
QGRO's dividend yield for the trailing twelve months is around 0.19%, 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% |
QGRO American Century STOXX U.S. Quality Growth ETF | 0.19% | 0.25% | 0.25% | 0.41% | 0.46% | 0.31% | 0.22% | 0.38% | 0.13% |
Frequently Asked Questions
QGRO and DBE have a correlation of -0.32, 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 QGRO (3.38%). In terms of maximum drawdown, QGRO dropped -32.56% vs DBE's -86.69%.
On 5-year performance, DBE leads with 19.66% vs 12.22% for QGRO. On fees, QGRO is cheaper at 0.29% per year. On volatility, QGRO has been the lower-risk option at 3.38%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DBE has performed better with a 19.66% return vs 12.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QGRO is cheaper with a 0.29% expense ratio, compared with 0.78% for DBE.
DBE has the higher dividend yield at 2.10%, compared with 0.19% for QGRO.
QGRO is categorized as Large Cap Growth Equities, while DBE is Oil & Gas. QGRO tracks iSTOXX American Century USA Quality Growth (USD)(GR), while DBE tracks DBIQ Optimum Yield Energy Index. They also come from different issuers: American Century and Invesco. Their fees differ too: 0.29% for QGRO and 0.78% for DBE.
DBE currently has the higher Sharpe Ratio (2.43 vs 0.71), 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.
Find the right allocation for QGRO and DBE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer