SURE vs. DBO
SURE (AdvisorShares Insider Advantage ETF) and DBO (Invesco DB Oil Fund) are both exchange-traded funds - SURE is a Large Cap Value Equities fund actively managed by AdvisorShares, while DBO is a Oil & Gas fund tracking the DBIQ Optimum Yield Crude Oil Index Excess Return. SURE is actively managed, while DBO is passively managed. Over the past 10 years, SURE returned 11.41%/yr vs 9.22%/yr for DBO. At a 0.28 correlation, their price movements are largely independent. SURE charges 0.90%/yr vs 0.78%/yr for DBO.
Performance
SURE vs. DBO - Performance Comparison
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Returns By Period
In the year-to-date period, SURE achieves a 12.58% return, which is significantly lower than DBO's 50.16% return. Over the past 10 years, SURE has outperformed DBO with an annualized return of 11.41%, while DBO has yielded a comparatively lower 9.22% annualized return.
SURE
- 1D
- -0.61%
- 1M
- 3.19%
- YTD
- 12.58%
- 6M
- 11.25%
- 1Y
- 25.13%
- 3Y*
- 17.32%
- 5Y*
- 9.76%
- 10Y*
- 11.41%
DBO
- 1D
- -1.13%
- 1M
- -18.58%
- YTD
- 50.16%
- 6M
- 47.74%
- 1Y
- 36.30%
- 3Y*
- 14.32%
- 5Y*
- 10.16%
- 10Y*
- 9.22%
SURE vs. DBO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SURE AdvisorShares Insider Advantage ETF | 12.58% | 10.58% | 12.17% | 23.30% | -11.24% | 23.87% | 8.76% | 28.89% | -17.03% | 13.16% |
DBO Invesco DB Oil Fund | 50.16% | -11.71% | 7.85% | -4.44% | 13.04% | 60.74% | -20.99% | 28.05% | -15.22% | 4.86% |
Correlation
The correlation between SURE and DBO is -0.17, 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 | -0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Oct 5, 2011 | 0.28 |
The correlation between SURE and DBO shifts across timeframes, from -0.17 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SURE vs. DBO — Risk / Return Rank
SURE
DBO
SURE vs. DBO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Insider Advantage ETF (SURE) 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.
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.
| SURE | DBO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.19 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.56 | 1.58 | +1.97 |
| Martin ratioReturn relative to average drawdown | 13.07 | 4.29 | +8.78 |
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Drawdowns
SURE vs. DBO - Drawdown Comparison
The maximum SURE drawdown since its inception was -35.68%, smaller than the maximum DBO drawdown of -90.18%. Use the drawdown chart below to compare losses from any high point for SURE and DBO.
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Drawdown Indicators
| SURE | DBO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.68% | -90.18% | +54.50% |
Max Drawdown (1Y)Largest decline over 1 year | -7.10% | -23.03% | +15.93% |
Max Drawdown (3Y)Largest decline over 3 years | -21.54% | -28.20% | +6.66% |
Max Drawdown (5Y)Largest decline over 5 years | -23.75% | -37.68% | +13.93% |
Max Drawdown (10Y)Largest decline over 10 years | -35.68% | -61.69% | +26.01% |
Current DrawdownCurrent decline from peak | -1.68% | -60.48% | +58.80% |
Average DrawdownAverage peak-to-trough decline | -4.83% | -62.22% | +57.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 8.51% | -6.58% |
Volatility
SURE vs. DBO - Volatility Comparison
The current volatility for AdvisorShares Insider Advantage ETF (SURE) is 4.16%, while Invesco DB Oil Fund (DBO) has a volatility of 10.29%. This indicates that SURE 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.
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Volatility by Period
| SURE | DBO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 10.29% | -6.13% |
Volatility (6M)Calculated over the trailing 6-month period | 9.77% | 29.36% | -19.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.23% | 34.89% | -21.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.14% | 32.54% | -15.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.56% | 31.81% | -14.25% |
SURE vs. DBO - Expense Ratio Comparison
SURE has a 0.90% expense ratio, which is higher than DBO's 0.78% expense ratio.
Dividends
SURE vs. DBO - Dividend Comparison
SURE's dividend yield for the trailing twelve months is around 0.90%, less than DBO's 2.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBO Invesco DB Oil Fund | 2.34% | 3.51% | 4.68% | 4.59% | 0.66% | 0.00% | 0.00% | 1.63% | 1.58% | 0.00% | 0.00% | 0.00% |
SURE AdvisorShares Insider Advantage ETF | 0.90% | 1.01% | 0.68% | 1.11% | 1.72% | 1.08% | 1.28% | 1.09% | 1.26% | 0.65% | 1.14% | 0.77% |
Frequently Asked Questions
SURE and DBO have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBO has higher volatility (10.29%) compared to SURE (4.16%). In terms of maximum drawdown, SURE dropped -35.68% vs DBO's -90.18%.
On 10-year performance, SURE leads with 11.41% vs 9.22% for DBO. On fees, DBO is cheaper at 0.78% per year. On volatility, SURE has been the lower-risk option at 4.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SURE has performed better with a 11.41% return vs 9.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DBO is cheaper with a 0.78% expense ratio, compared with 0.90% for SURE.
DBO has the higher dividend yield at 2.34%, compared with 0.90% for SURE.
SURE is categorized as Large Cap Value Equities, while DBO is Oil & Gas. They also come from different issuers: AdvisorShares and Invesco. Their fees differ too: 0.90% for SURE and 0.78% for DBO.
SURE currently has the higher Sharpe Ratio (1.91 vs 1.06), 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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