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TOV vs. DBE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

TOV vs. DBE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JLens 500 Jewish Advocacy U.S. ETF (TOV) and Invesco DB Energy Fund (DBE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TOV achieves a 11.31% return, which is significantly lower than DBE's 83.68% return.


TOV

1D
-0.60%
1M
5.33%
YTD
11.31%
6M
11.06%
1Y
28.12%
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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TOV vs. DBE - Yearly Performance Comparison


2026 (YTD)2025
TOV
JLens 500 Jewish Advocacy U.S. ETF
11.31%17.49%
DBE
Invesco DB Energy Fund
83.68%-5.44%

Correlation

The correlation between TOV 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 (All Time)
Calculated using the full available price history since Feb 28, 2025

-0.15

The correlation between TOV and DBE shifts across timeframes, from -0.32 (1 year) to -0.15 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

TOV vs. DBE — Risk / Return Rank

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

TOV
TOV Risk / Return Rank: 7171
Overall Rank
TOV Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
TOV Sortino Ratio Rank: 7171
Sortino Ratio Rank
TOV Omega Ratio Rank: 7070
Omega Ratio Rank
TOV Calmar Ratio Rank: 6565
Calmar Ratio Rank
TOV Martin Ratio Rank: 7676
Martin Ratio Rank

DBE
DBE Risk / Return Rank: 7171
Overall Rank
DBE Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
DBE Sortino Ratio Rank: 6363
Sortino Ratio Rank
DBE Omega Ratio Rank: 6565
Omega Ratio Rank
DBE Calmar Ratio Rank: 9191
Calmar Ratio Rank
DBE Martin Ratio Rank: 6363
Martin Ratio Rank
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.

TOV vs. DBE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JLens 500 Jewish Advocacy U.S. ETF (TOV) 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.


TOVDBEDifference
Sharpe ratioReturn per unit of total volatility

-0.12

Sortino ratioReturn per unit of downside risk

+0.22

Omega ratioGain probability vs. loss probability

1.42

1.40

+0.02

Calmar ratioReturn relative to maximum drawdown

3.18

5.89

-2.71

Martin ratioReturn relative to average drawdown

14.17

11.53

+2.64

TOV vs. DBE - Sharpe Ratio Comparison

The current TOV Sharpe Ratio is 2.31, which is comparable to the DBE Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of TOV and DBE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


TOVDBEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.31

2.43

-0.12

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

1.33

0.09

+1.24

Drawdowns

TOV vs. DBE - Drawdown Comparison

The maximum TOV drawdown since its inception was -16.28%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for TOV and DBE.


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Drawdown Indicators


TOVDBEDifference

Max Drawdown

Largest peak-to-trough decline

-16.28%

-86.69%

+70.41%

Max Drawdown (1Y)

Largest decline over 1 year

-8.89%

-14.41%

+5.52%

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 Drawdown

Current decline from peak

-0.60%

-30.27%

+29.67%

Average Drawdown

Average peak-to-trough decline

-2.04%

-57.31%

+55.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.99%

7.35%

-5.36%

Volatility

TOV vs. DBE - Volatility Comparison

The current volatility for JLens 500 Jewish Advocacy U.S. ETF (TOV) is 3.72%, while Invesco DB Energy Fund (DBE) has a volatility of 12.95%. This indicates that TOV 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


TOVDBEDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.72%

12.95%

-9.23%

Volatility (6M)

Calculated over the trailing 6-month period

9.37%

30.86%

-21.49%

Volatility (1Y)

Calculated over the trailing 1-year period

12.23%

34.97%

-22.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.87%

29.39%

-11.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.87%

28.33%

-10.46%

TOV vs. DBE - Expense Ratio Comparison

TOV has a 0.18% expense ratio, which is lower than DBE's 0.78% expense ratio.


Dividends

TOV vs. DBE - Dividend Comparison

TOV's dividend yield for the trailing twelve months is around 0.82%, less than DBE's 2.10% yield.


PositionTTM20252024202320222021202020192018
DBE
Invesco DB Energy Fund
2.10%3.86%6.32%3.87%0.75%0.00%0.00%1.79%1.67%
TOV
JLens 500 Jewish Advocacy U.S. ETF
0.82%0.76%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


TOV 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 TOV (3.72%). In terms of maximum drawdown, TOV dropped -16.28% vs DBE's -86.69%.

On 1-year performance, DBE leads with 84.41% vs 28.12% for TOV. On fees, TOV is cheaper at 0.18% per year. On volatility, TOV has been the lower-risk option at 3.72%. 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 28.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

TOV is cheaper with a 0.18% expense ratio, compared with 0.78% for DBE.

DBE has the higher dividend yield at 2.10%, compared with 0.82% for TOV.

TOV is categorized as Large Cap Blend Equities, while DBE is Oil & Gas. TOV tracks JLens 500 Jewish Advocacy U.S. Index, while DBE tracks DBIQ Optimum Yield Energy Index. They also come from different issuers: JLens and Invesco. Their fees differ too: 0.18% for TOV and 0.78% for DBE.

DBE currently has the higher Sharpe Ratio (2.43 vs 2.31), 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.

Portfolio Optimizer

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