Invesco DB Commodity Index Tracking Fund (DBC)
| Assets | $1.23B |
| Expense Ratio | 0.87% |
| PE Ratio | n/a |
| Shares Out | 56.45M |
| Dividend (ttm) | $1.12 |
| Dividend Yield | 5.11% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 352,566 |
| Open | 21.77 |
| Previous Close | 21.62 |
| Day's Range | 21.75 - 21.87 |
| 52-Week Low | 19.84 |
| 52-Week High | 23.60 |
| Beta | 0.28 |
| Holdings | 23 |
| Inception Date | Feb 3, 2006 |
About DBC
Fund Home PageThe Invesco DB Commodity Index Tracking Fund (DBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks an index of 14 commodities. It uses futures contracts to maintain exposure and selects them based on the shape of the futures curve to minimize contango. DBC was launched on Feb 3, 2006 and is issued by Invesco.
Top 10 Holdings
85.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 32.84% |
| Invesco Short Term Treasury ETF | TBLL | 8.73% |
| Futures Cash Collateral | n/a | 8.58% |
| NY Harbor ULSD Future May 26 | n/a | 6.47% |
| Brent Crude Future Nov 25 | COF6 | 5.97% |
| Mini Ibovespa Future Dec 25 | XBZ5 | 5.92% |
| Crude Oil Future Nov 25 | n/a | 5.76% |
| Gold Future Dec 25 | n/a | 4.83% |
| Henry Hub Natural Gas Apr26 | n/a | 3.58% |
| Lme Zinc Future Oct25 | n/a | 3.06% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $1.11582 | Dec 27, 2024 |
| Dec 18, 2023 | $1.08926 | Dec 22, 2023 |
| Dec 19, 2022 | $0.14467 | Dec 23, 2022 |
| Dec 23, 2019 | $0.25383 | Dec 31, 2019 |
| Dec 24, 2018 | $0.1885 | Dec 31, 2018 |
| Dec 15, 2008 | $0.340 | Dec 30, 2008 |
Performance
DBC had a total return of 4.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.42%.
News
DBC: Commodities Can Provide Uncorrelated Returns During Periods Of Market Turmoil
DBC offers diversified commodity exposure, providing uncorrelated returns and portfolio diversification benefits for investors seeking alternative assets. Recent regulatory changes and macroeconomic t...
Moving Averages of the Ivy Portfolio & S&P 500: July 2025
This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month. The Ivy Portfolio The Ivy Portfolio...
Moving Averages of the Ivy Portfolio & S&P 500: June 2025
This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month. The Ivy Portfolio The Ivy Portfolio...
Commodities In Q1 2025: The DBC ETF Outperforms
A diversified commodity index rose 3.44% in Q1 2025, driven by gains in energy, base metals, precious metals, and animal proteins amid global trade volatility. Gold, copper, coffee, and cattle futures...
DBC: Significant Energy Exposure In The Commodity Tracking ETF
De-dollarization could push commodity prices higher, benefiting the Invesco DB Commodity Index Tracking Fund ETF with its diversified raw material assets. The incoming Trump administration's policies,...
De-Dollarization And The DBC ETF Product
The dollar's dominance as a global reserve currency is under threat due to geopolitical shifts and de-dollarization efforts by China, Russia, and their allies. The dollar index's value is misleading, ...
DBC: Tariffs And Sanctions Distort Commodity Prices
The Biden administration has introduced tariffs on strategic Chinese exports to the U.S. and endorsed maintaining tariffs on Chinese goods imposed by President Trump. Trade barriers and tariffs could ...
DBC: Commodities Consolidation In 2023
The composite of 29 primary commodities traded on U.S. and U.K. exchanges declined by 3.91% in Q4 2023 and was 4.52% lower at the end of the year. Soft commodities, including sugar, coffee, cocoa, cot...
DBC: Commodities Remain Lackluster, Monitoring Macro Clues
2024 US GDP growth has generally outperformed economists' expectations amid strong consumer spending in recent quarters. Commodities often benefit from higher cyclical demand, but many hard and soft r...
DBC: A Good Way To Get Broad Commodity Exposure
The Invesco DB Commodity Index Tracking Fund ETF is a popular exchange-traded fund that allows investors to gain exposure to commodity futures. The DBC ETF has over $2 billion in managed assets and of...
DBC: Benefit From Short-Term And Long-Term Commodity Price Drivers
Short-term and long-term factors are driving commodity prices in the same direction, creating an opportunity for investors. Supply and demand imbalances driven by the transition to sustainable energy ...
DBC: Bearish Quarter For Diversified Commodity ETF, Bullish Future On Horizon
The composite of 29 leading commodities rose by 0.21% in Q2 2023, but fell 1.79% over the first half of the year, with the energy sector being the worst-performing. Four of the six commodity market se...
Commodities Trying To Rally Amid Bearish Global Growth Trends, DBC A Hold
The Invesco DB Commodity Index Tracking Fund printed a bullish engulfing candlestick pattern last week, indicating a potential shift in favor of the resource trade. DBC has a high management fee and l...
DBC Falls In Q1: The Bull Market In Commodities Is Not Over
Commodities post an overall loss in Q1, led on the downside by energy, while soft commodities post the most significant gain. Gold and copper are barometers that point higher.
Vanguard ETFs: Recommendations For 2023
Expert recommendations for choosing among the myriad of Vanguard ETFs may prove to be a valuable resource to investors, even if not all of them will prove right. I present such recommendations made by...
DBC: Simple Commodity Index ETF, Subpar Long-Term Investment
DBC is a simple commodity index ETF. The fund is a strong trading vehicle, but subpar long-term investment.
Q4-Q1 Rally Regains Its Mojo, Led By The Miners
In Q4 2022, we projected a broad rally to begin after the midterm elections and lasting well into Q1 2023. The rally would use the post-election pattern, fading inflation signals (and fading Fed hawk ...
Commodities In 2022: Comparing The DBC And GSG ETFs, The Outlook For 2023 Favors GSG
The stock market took a hit in 2022; stocks and bonds fell, and the dollar index rallied. Invesco DB Commodity Index Tracking ETF outperformed the leading indices.
DBC: A Way To Play The European Winter (Technical Analysis)
Commodities have been top performers in 2022 and although they are correcting as of late, their bull run may not be done yet! My technical analysis deduction on the DBC/S&P 500 pair suggests that the ...