STXG vs. DBO

Last updated Jun 3, 2026

STXG (Strive 1000 Growth ETF) and DBO (Invesco DB Oil Fund) are both exchange-traded funds - STXG is a Large Cap Growth Equities fund tracking the Bloomberg US 1000 Growth, while DBO is a Oil & Gas fund tracking the DBIQ Optimum Yield Crude Oil Index Excess Return. Both are passively managed. Over the past 3 years, STXG returned 24.12%/yr vs 20.95%/yr for DBO. At a correlation of -0.00, they often move in opposite directions. STXG charges 0.18%/yr vs 0.78%/yr for DBO.

Performance

STXG vs. DBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive 1000 Growth ETF (STXG) and Invesco DB Oil Fund (DBO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STXG achieves a 11.15% return, which is significantly lower than DBO's 80.66% return.

STXG

• 1D: 0.10%
• 1M: 6.55%
• YTD: 11.15%
• 6M: 10.91%
• 1Y: 29.72%
• 3Y*: 24.12%
• 5Y*: —
• 10Y*: —

DBO

• 1D: 1.05%
• 1M: -0.09%
• YTD: 80.66%
• 6M: 78.46%
• 1Y: 78.18%
• 3Y*: 20.95%
• 5Y*: 15.57%
• 10Y*: 11.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

STXG vs. DBO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STXG Strive 1000 Growth ETF	11.15%	17.82%	28.53%	35.95%	-3.74%
DBO Invesco DB Oil Fund	80.66%	-11.71%	7.85%	-4.44%	-8.28%

Correlation

The correlation between STXG and DBO is -0.29, 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	-0.29
Correlation (3Y) Calculated over the trailing 3-year period	-0.07
Correlation (All Time) Calculated using the full available price history since Nov 11, 2022	-0.00

Over the past year, the inverse relationship between STXG and DBO has strengthened: their correlation has moved from -0.00 to -0.29, meaning they now move in opposite directions more often than their long-term average.

STXG vs. DBO - Sectors Allocation Comparison

Sectors	STXG	DBO
Technology	45.0%	-
Communication Services	12.6%	-
Consumer Cyclical	11.4%	-
Industrials	9.3%	-
Financial Services	7.6%	116.0%
Healthcare	6.0%	-
Consumer Defensive	3.4%	-
Real Estate	1.7%	-
Basic Materials	1.5%	-
Utilities	0.7%	-
Energy	0.6%	-

Return for Risk

STXG vs. DBO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

STXG

STXG Risk / Return Rank: 56
STXG Sharpe Ratio Rank: 61
STXG Sortino Ratio Rank: 59
STXG Omega Ratio Rank: 58
STXG Calmar Ratio Rank: 47
STXG Martin Ratio Rank: 55

DBO

DBO Risk / Return Rank: 65
DBO Sharpe Ratio Rank: 68
DBO Sortino Ratio Rank: 61
DBO Omega Ratio Rank: 60
DBO Calmar Ratio Rank: 84
DBO Martin Ratio Rank: 54

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

STXG vs. DBO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive 1000 Growth ETF (STXG) and Invesco DB Oil Fund (DBO). 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.

	STXG	DBO	Difference
Sharpe ratio Return per unit of total volatility	2.07	2.28	-0.21
Sortino ratio Return per unit of downside risk	2.83	2.88	-0.05
Omega ratio Gain probability vs. loss probability	1.36	1.37	0.00
Calmar ratio Return relative to maximum drawdown	2.39	4.62	-2.23
Martin ratio Return relative to average drawdown	9.70	9.43	+0.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STXG vs. DBO - Sharpe Ratio Comparison

The current STXG Sharpe Ratio is 2.07, which is comparable to the DBO Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of STXG and DBO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	STXG	DBO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.07	2.28	-0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.49	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.43	0.02	+1.41

Drawdowns

STXG vs. DBO - Drawdown Comparison

The maximum STXG drawdown since its inception was -21.22%, smaller than the maximum DBO drawdown of -90.18%. Use the drawdown chart below to compare losses from any high point for STXG and DBO.

Drawdown Indicators

	STXG	DBO	Difference
Max Drawdown Largest peak-to-trough decline	-21.22%	-90.18%	+68.96%
Max Drawdown (1Y) Largest decline over 1 year	-12.62%	-18.19%	+5.57%
Max Drawdown (3Y) Largest decline over 3 years	-21.22%	-28.20%	+6.98%
Max Drawdown (5Y) Largest decline over 5 years	—	-37.68%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-61.69%	—
Current Drawdown Current decline from peak	0.00%	-52.46%	+52.46%
Average Drawdown Average peak-to-trough decline	-2.62%	-62.25%	+59.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	8.92%	-5.81%

Volatility

STXG vs. DBO - Volatility Comparison

The current volatility for Strive 1000 Growth ETF (STXG) is 3.49%, while Invesco DB Oil Fund (DBO) has a volatility of 13.25%. This indicates that STXG experiences smaller price fluctuations and is considered to be less risky than DBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STXG	DBO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.49%	13.25%	-9.76%
Volatility (6M) Calculated over the trailing 6-month period	11.05%	28.15%	-17.10%
Volatility (1Y) Calculated over the trailing 1-year period	14.41%	34.54%	-20.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.53%	32.28%	-14.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.53%	31.78%	-14.25%

STXG vs. DBO - Expense Ratio Comparison

STXG has a 0.18% expense ratio, which is lower than DBO's 0.78% expense ratio.

Dividends

STXG vs. DBO - Dividend Comparison

STXG's dividend yield for the trailing twelve months is around 0.45%, less than DBO's 1.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DBO Invesco DB Oil Fund	1.94%	3.51%	4.68%	4.59%	0.66%	0.00%	0.00%	1.63%	1.58%
STXG Strive 1000 Growth ETF	0.45%	0.48%	0.51%	0.55%	0.16%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STXG and DBO in my portfolio?

STXG and DBO have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STXG or DBO?

DBO has higher volatility (13.25%) compared to STXG (3.49%). In terms of maximum drawdown, STXG dropped -21.22% vs DBO's -90.18%.

Which ETF is better, STXG or DBO?

On 3-year performance, STXG leads with 24.12% vs 20.95% for DBO. On fees, STXG is cheaper at 0.18% per year. On volatility, STXG has been the lower-risk option at 3.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STXG or DBO?

Over the 3-year period, STXG has performed better with a 24.12% return vs 20.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STXG or DBO?

STXG is cheaper with a 0.18% expense ratio, compared with 0.78% for DBO.

Which ETF pays a higher dividend yield, STXG or DBO?

DBO has the higher dividend yield at 1.94%, compared with 0.45% for STXG.

What is the main difference between STXG and DBO?

STXG is categorized as Large Cap Growth Equities, while DBO is Oil & Gas. STXG tracks Bloomberg US 1000 Growth, while DBO tracks DBIQ Optimum Yield Crude Oil Index Excess Return. They also come from different issuers: Strive and Invesco. Their fees differ too: 0.18% for STXG and 0.78% for DBO.

Which has better risk-adjusted returns?

DBO currently has the higher Sharpe Ratio (2.28 vs 2.07), 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.