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ETFs

Invesco DB Commodity Index Tracking Fund

DBC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 03 2006
Expense Ratio
0.87%
Type
Global Commodities & Metals
Fund Owner
Invesco
Volume (1m avg. daily)
$19,755,693
AUM
$2,206,209,383
Associated Index
DBIQ Optimum Yield Diversified Commodity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AGPXX
Invesco Government & Agency Portfolio
27.51%
B 0 11/30/23
United States Treasury Bill
13.43%
TBLL
Invesco Capital Management LLC - Invesco Short Term Treasury ETF
4.86%
B 0 12/07/23
United States Treasury Bill
2.24%
B 0 03/07/24
United States Treasury Bill
2.21%
Invest with DBC

What is DBC?

The Invesco DB Commodity Index Tracking Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Diversified Commodity Index Excess Return, (DBIQ Opt Yield Diversified Comm Index ER) plus the interest income from the Funds holdings of primarily US Treasury securities and money market income less the Funds expenses. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on 14 of the most heavily traded and important physical commodities in the world. The Fund and the Index are rebalanced and reconstituted annually in November.

ETFs related toDBC

ETFs correlated to DBC include PDBC, COMT, GSG

DBC
DB Commodity Services LLC - Invesco DB Commodity Index Tracking Fund
PDBC
Invesco Capital Management LLC - Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
COMT
BlackRock Institutional Trust Company N.A. - iShares GSCI Commodity Dynamic Roll Strategy ETF
GSG
BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed Trust
CMDT
Pimco Exchange Traded Fund - PIMCO Commodity Strategy Active Exchange-Traded Fund
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy Fund
BCD
abrdn ETF - abrdn Bloomberg All Comm Longer Dt Strategy K-1 Free ETF
DJP
Barclays Bank PLC - iPath Bloomberg Commodity Total Return ETN
BCI
abrdn ETF - abrdn Bloomberg All Commodity Strategy K-1 Free ETF
UCO
ProShares Trust - ProShares Ultra Bloomberg Crude Oil 2x Shares
DBO
Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDBC

#SPIRAL

Stoic Finance Presents: Inflation Spiral Hedge

Category

Community

Risk Rating

Aggressive

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with DBC using Composer

FAQ

DBC is a Global Commodities & Metals ETF. The Invesco DB Commodity Index Tracking Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Diversified Commodity Index Excess Return, (DBIQ Opt Yield Diversified Comm Index ER) plus the interest income from the Funds holdings of primarily US Treasury securities and money market income less the Funds expenses. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on 14 of the most heavily traded and important physical commodities in the world. The Fund and the Index are rebalanced and reconstituted annually in November.

DBC tracks the DBIQ Optimum Yield Diversified Commodity Index.

No, DBC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DBC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DBC is 0.0405%. This is the percent change in the value of DBC over the most recent 1-month period. The 3-month return on DBC is 0.0963%. This is the percent change in the value of DBC over the most recent 3-month period.

The standard deviation of DBC for the past year is 0.1752%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DBC include USCI, CMDY, and COMB.

ETFs correlated to DBC include PDBC, COMT, and GSG.

ETFs that are inversely correlated to DBC include SCO, DRIP, and OILD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.