TUGN vs. DBE

Last updated Jul 17, 2026

TUGN (STF Tactical Growth & Income ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - TUGN is a Diversified Portfolio fund actively managed by STF, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. TUGN is actively managed, while DBE is passively managed. Over the past 3 years, TUGN returned 19.51%/yr vs 17.96%/yr for DBE. At a correlation of -0.02, they often move in opposite directions. TUGN charges 0.65%/yr vs 0.78%/yr for DBE.

Performance

TUGN vs. DBE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STF Tactical Growth & Income ETF (TUGN) and Invesco DB Energy Fund (DBE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TUGN achieves a 15.27% return, which is significantly lower than DBE's 68.39% return.

TUGN

• 1D: -1.38%
• 1M: -1.58%
• 6M: 14.95%
• YTD: 15.27%
• 1Y: 24.79%
• 3Y*: 19.51%
• 5Y*: —
• 10Y*: —

DBE

• 1D: -1.09%
• 1M: 6.25%
• 6M: 65.69%
• YTD: 68.39%
• 1Y: 57.64%
• 3Y*: 17.96%
• 5Y*: 17.10%
• 10Y*: 11.45%

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

TUGN vs. DBE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TUGN STF Tactical Growth & Income ETF	15.27%	19.11%	18.44%	34.84%	-18.78%
DBE Invesco DB Energy Fund	68.39%	-2.17%	2.96%	-12.14%	-10.86%

Correlation

The correlation between TUGN and DBE is -0.19, 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	-0.19
Correlation (3Y) Calculated over the trailing 3-year period	-0.06
Correlation (All Time) Calculated using the full available price history since May 19, 2022	-0.02

The correlation between TUGN and DBE shifts across timeframes, from -0.19 (1 year) to -0.02 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TUGN vs. DBE — Risk / Return Rank

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

TUGN

TUGN Risk / Return Rank: 49
TUGN Sharpe Ratio Rank: 52
TUGN Sortino Ratio Rank: 49
TUGN Omega Ratio Rank: 50
TUGN Calmar Ratio Rank: 47
TUGN Martin Ratio Rank: 48

DBE

DBE Risk / Return Rank: 57
DBE Sharpe Ratio Rank: 60
DBE Sortino Ratio Rank: 57
DBE Omega Ratio Rank: 55
DBE Calmar Ratio Rank: 58
DBE Martin Ratio Rank: 52

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.

TUGN vs. DBE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STF Tactical Growth & Income ETF (TUGN) 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.

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.

	TUGN	DBE	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.61	-0.17
Sortino ratio: Return per unit of downside risk	1.98	2.21	-0.23
Omega ratio: Gain probability vs. loss probability	1.26	1.28	-0.02
Calmar ratio: Return relative to maximum drawdown	1.92	2.34	-0.42
Martin ratio: Return relative to average drawdown	6.42	7.00	-0.58

TUGN vs. DBE - Sharpe Ratio Comparison

The current TUGN Sharpe Ratio is 1.44, which is comparable to the DBE Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of TUGN 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.

Drawdowns

TUGN vs. DBE - Drawdown Comparison

The maximum TUGN drawdown since its inception was -23.45%, smaller than the maximum DBE drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for TUGN and DBE.

Drawdown Indicators

	TUGN	DBE	Difference
Max Drawdown Largest peak-to-trough decline	-23.45%	-86.69%	+63.24%
Max Drawdown (1Y) Largest decline over 1 year	-12.96%	-24.72%	+11.76%
Max Drawdown (3Y) Largest decline over 3 years	-21.60%	-24.72%	+3.12%
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	-3.71%	-36.07%	+32.36%
Average Drawdown Average peak-to-trough decline	-6.33%	-57.19%	+50.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.87%	8.26%	-4.39%

Volatility

TUGN vs. DBE - Volatility Comparison

The current volatility for STF Tactical Growth & Income ETF (TUGN) is 6.28%, while Invesco DB Energy Fund (DBE) has a volatility of 11.68%. This indicates that TUGN 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.

Volatility by Period

	TUGN	DBE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.28%	11.68%	-5.40%
Volatility (6M) Calculated over the trailing 6-month period	14.33%	32.70%	-18.37%
Volatility (1Y) Calculated over the trailing 1-year period	17.30%	35.99%	-18.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	29.88%	-12.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.35%	28.39%	-11.04%

TUGN vs. DBE - Expense Ratio Comparison

TUGN has a 0.65% expense ratio, which is lower than DBE's 0.78% expense ratio.

Dividends

TUGN vs. DBE - Dividend Comparison

TUGN's dividend yield for the trailing twelve months is around 11.11%, more than DBE's 2.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DBE Invesco DB Energy Fund	2.29%	3.86%	6.32%	3.87%	0.75%	0.00%	0.00%	1.79%	1.67%
TUGN STF Tactical Growth & Income ETF	11.11%	11.50%	11.84%	10.83%	7.58%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TUGN and DBE in my portfolio?

TUGN and DBE have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TUGN or DBE?

DBE has higher volatility (11.68%) compared to TUGN (6.28%). In terms of maximum drawdown, TUGN dropped -23.45% vs DBE's -86.69%.

Which ETF is better, TUGN or DBE?

On 3-year performance, TUGN leads with 19.51% vs 17.96% for DBE. On fees, TUGN is cheaper at 0.65% per year. On volatility, TUGN has been the lower-risk option at 6.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TUGN or DBE?

Over the 3-year period, TUGN has performed better with a 19.51% return vs 17.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TUGN or DBE?

TUGN is cheaper with a 0.65% expense ratio, compared with 0.78% for DBE.

Which ETF pays a higher dividend yield, TUGN or DBE?

TUGN has the higher dividend yield at 11.11%, compared with 2.29% for DBE.

What is the main difference between TUGN and DBE?

TUGN is categorized as Diversified Portfolio, while DBE is Oil & Gas. They also come from different issuers: STF and Invesco. Their fees differ too: 0.65% for TUGN and 0.78% for DBE.

Which has better risk-adjusted returns?

DBE currently has the higher Sharpe Ratio (1.61 vs 1.44), 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.