Invesco DB Base Metals Fund (DBB)
| Assets | $117.63M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 6.45M |
| Dividend (ttm) | $0.90 |
| Dividend Yield | 4.66% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 146,719 |
| Open | 19.37 |
| Previous Close | 19.23 |
| Day's Range | 19.30 - 19.41 |
| 52-Week Low | 17.13 |
| 52-Week High | 21.45 |
| Beta | 0.60 |
| Holdings | 11 |
| Inception Date | Jan 5, 2007 |
About DBB
Fund Home PageThe Invesco DB Base Metals Fund (DBB) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks an index of three base metal futures contracts. It selects contracts based on the shape of the futures curve to minimize contango. DBB was launched on Jan 5, 2007 and is issued by Invesco.
Top 10 Holdings
115.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 40.60% |
| Lme Zinc Future Oct25 | n/a | 22.49% |
| Copper Future Apr 26 | n/a | 18.53% |
| Lme Pri Alum Futr Aug25 | n/a | 16.96% |
| Lme Pri Alum Futr Jul25 | n/a | 15.93% |
| Lme Pri Alum Futr Oct25 | n/a | 10.26% |
| Futures Cash Collateral | n/a | 8.52% |
| Lme Copper Future Apr26 | n/a | -0.74% |
| Lme Zinc Future Oct25 | n/a | -6.51% |
| Lme Pri Alum Futr Aug25 | n/a | -10.11% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.89614 | Dec 27, 2024 |
| Dec 18, 2023 | $1.31965 | Dec 22, 2023 |
| Dec 19, 2022 | $0.18371 | Dec 23, 2022 |
| Dec 23, 2019 | $0.2725 | Dec 31, 2019 |
| Dec 24, 2018 | $0.2438 | Dec 31, 2018 |
| Dec 15, 2008 | $0.280 | Dec 30, 2008 |
Performance
DBB had a total return of -0.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.06%.
News
DBB Corrects: The Case For The Copper, Aluminum, And Zinc ETF Product
Base metals experienced significant price swings in April 2025, with copper leading the volatility but recovering from lows, presenting a buying opportunity. The Invesco DB Base Metals Fund tracks alu...
DBB: Not The Right ETF For This Market
Invesco's DB Base Metals ETF is designed to provide exposure to copper, aluminum, and zinc. Tariffs have led to substantial differentials forming between Comex and LME prices but, unfortunately, DBB's...
Exposure To Base Metals With The DBB ETF Product
Base metals are crucial for infrastructure and green energy, with aluminum, zinc, and copper being the most liquid and significant on the LME. Invesco DB Base Metals Fund ETF offers exposure to alumin...
Buying DBB As Base Metals Correct
The Invesco DB Base Metals Fund ETF, holding copper, aluminum, and zinc, is critical for infrastructure and technology, and is recommended for buying at current levels with room to add. Base metals pr...
DBB: Base Metals Slammed To Start September, Weighing Macro Risks
I have a hold rating on DBB due to mixed macro risks and a neutral technical chart outlook. A weaker dollar and lower interest rates could favor commodities, but global growth concerns and weak data f...
DBB: Right Time, And Right Theme If China Comes Back
Bullish on commodities due to potential economic recovery in China. Invesco DB Base Metals Fund ETF offers exposure to industrial metals through futures contracts. The DBB ETF provides diversification...
DBB: The Case For Copper, Aluminum, And Zinc
Base metals, including copper, aluminum, and zinc, trade on the London Metals Exchange and are influenced by liquidity and price volatility. Copper prices have rallied in early Q2, while aluminum and ...
Reasons To Consider Increasing Base Metals Exposure Via The DBB ETF
Base metal prices on the London Metals Exchange have fallen after reaching highs in 2022. Copper is the most closely watched base metal due to its role in infrastructure building and addressing climat...
Committee's 2024 Contrarian Ideas: ETFs DBB and SPPP
Bill Baruch, Blue Line Capital founder, and Liz Young, SoFi head of investment strategy, join CNBC's 'Halftime Report' to reveal their top contrarian picks for 2024.
DBB: Aluminum, Zinc, And Copper In 2024
U.S. interest rates rose to the highest level since 2007, supporting a rally in the U.S. dollar index. High interest rates and a strong U.S. currency weighed on base metals prices. There are compellin...
DBB: Base Metal ETF For The Energy Transition Watchlist
DBB provides a rare opportunity for gaining exposure to futures contracts on three highly-liquid base metals: copper, aluminum, and zinc. Cu, Al, and Zn are expected to see a significant boom in deman...
DBB In The Buy Zone
Invesco DB Base Metals Fund ETF is a compelling commodity ETF below $20, owning aluminum, copper, and zinc. Base metals prices have declined significantly, with copper, aluminum, and zinc under pressu...
DBB Falls - Time To Put The ETF On Your Investment Radar
London Metals Exchange (LME) is the global hub for base metals trading, with China being the leading consumer of these metals. Copper, aluminum, and zinc prices have been declining in recent weeks and...
DBB: A Shining Opportunity Amid China's Economic Recovery
The Invesco DB Base Metals Fund ETF offers a diversified exposure to base metals, making it a compelling investment opportunity due to the expected recovery in the base metals market. China's economic...
DBB: Bear Market Likely To Resume
Industrial metals have regained substantial momentum over the last three months, and it will be important to keep track of this in the coming weeks. This momentum is likely to have limited upside pote...
DBB: Recession And Inflation Keep Industrial Metals In Balance
Base metals may show resilience in 2023, despite a declining macroeconomic outlook. My technical analysis framework based on Trend Flow, Support/Resistance Location and False Breakout Traps suggests t...
DBB: The Cyclical Downturn Has Likely Begun
In March, we argued that commodities are likely to turn down as a commodity shock gives way to a growth shock. Deflationary forces are now making themselves felt not only in cyclical leaders like prec...
DBB: A Good Time To Buy But With A Key Caveat
The macroeconomic backdrop is positive. The chart is bullish.
Invesco DB Base Metals ETF: Copper And Aluminium Could Continue To Drive This ETF
Base metals are a useful hedge against inflation which has begun creeping up.
DBB: Set To Rally Strongly In Q4
DBB has been undermined by a firmer dollar environment since September, as investors have been inclined to unwind some reflation trades like long commodities.
Basic Materials And Industrials Sector Overview For September 2020
Commodity prices have risen from lockdown lows, although they may be topping for now.