WFH vs. DBE

Last updated Jun 4, 2026

WFH (Direxion Work From Home ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - WFH is a Technology Equities fund tracking the Solactive Remote Work Index, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. Both are passively managed. At a 0.11 correlation, their price movements are largely independent. WFH charges 0.45%/yr vs 0.78%/yr for DBE.

Performance

WFH vs. DBE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Work From Home ETF (WFH) and Invesco DB Energy Fund (DBE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WFH

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DBE

• 1D: -2.52%
• 1M: -6.01%
• YTD: 79.04%
• 6M: 69.31%
• 1Y: 81.31%
• 3Y*: 22.41%
• 5Y*: 19.05%
• 10Y*: 11.58%

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

WFH vs. DBE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
WFH Direxion Work From Home ETF	0.00%	15.47%	18.55%	35.75%	-45.26%	10.77%	34.26%
DBE Invesco DB Energy Fund	79.04%	-2.17%	2.96%	-12.14%	33.77%	57.56%	16.81%

Correlation

The correlation between WFH and DBE is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jun 26, 2020	0.11

The correlation between WFH and DBE shifts across timeframes, from -0.09 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WFH vs. DBE — Risk / Return Rank

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

DBE

DBE Risk / Return Rank: 71
DBE Sharpe Ratio Rank: 73
DBE Sortino Ratio Rank: 62
DBE Omega Ratio Rank: 65
DBE Calmar Ratio Rank: 91
DBE Martin Ratio Rank: 62

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.

WFH vs. DBE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Work From Home ETF (WFH) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	WFH	DBE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.33	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.65	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.09	—

Drawdowns

Drawdown Indicators

	WFH	DBE	Difference
Max Drawdown Largest peak-to-trough decline	—	-86.69%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.41%	—
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	—	-32.03%	—
Average Drawdown Average peak-to-trough decline	—	-57.30%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.37%	—

Volatility

Volatility by Period

	WFH	DBE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	30.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	35.07%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	29.41%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	28.34%	—

WFH vs. DBE - Expense Ratio Comparison

WFH has a 0.45% expense ratio, which is lower than DBE's 0.78% expense ratio.

Dividends

WFH vs. DBE - Dividend Comparison

WFH's dividend yield for the trailing twelve months is around 0.91%, less than DBE's 2.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DBE Invesco DB Energy Fund	2.16%	3.86%	6.32%	3.87%	0.75%	0.00%	0.00%	1.79%	1.67%
WFH Direxion Work From Home ETF	0.91%	0.94%	0.50%	0.67%	0.42%	0.79%	0.86%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WFH and DBE in my portfolio?

WFH and DBE have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WFH or DBE?

On fees, WFH is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WFH or DBE?

WFH is cheaper with a 0.45% expense ratio, compared with 0.78% for DBE.

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

DBE has the higher dividend yield at 2.16%, compared with 0.91% for WFH.

What is the main difference between WFH and DBE?

WFH is categorized as Technology Equities, while DBE is Oil & Gas. WFH tracks Solactive Remote Work Index, while DBE tracks DBIQ Optimum Yield Energy Index. They also come from different issuers: Direxion and Invesco. Their fees differ too: 0.45% for WFH and 0.78% for DBE.