Invesco DB Commodity Index Tracking Fund (DBC)
| Assets | $1.43B |
| Expense Ratio | 0.87% |
| PE Ratio | 5.53 |
| Shares Out | 74.90M |
| Dividend (ttm) | $1.09 |
| Dividend Yield | 4.77% |
| Ex-Dividend Date | Dec 18, 2023 |
| Payout Ratio | 26.36% |
| 1-Year Return | -8.45% |
| Volume | 1,081,928 |
| Open | 22.92 |
| Previous Close | 22.66 |
| Day's Range | 22.66 - 23.02 |
| 52-Week Low | 20.90 |
| 52-Week High | 25.40 |
| Beta | 0.42 |
| Holdings | 24 |
| 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
83.29% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 0% | B 0 11.29.24 | 20.96% |
| Invesco Shrt-Trm Inv Gov&Agcy Instl | AGPXX | 17.66% |
| Invesco Short Term Treasury ETF | TBLL | 7.58% |
| Mini Ibovespa Future Dec 24 | XBZ4 | 6.20% |
| Brent Crude Future Feb 25 | CO14 | 6.06% |
| Crude Oil Future Dec 25 | n/a | 6.01% |
| NY Harbor ULSD Future June 25 | n/a | 5.68% |
| Gold Future Dec 24 | n/a | 5.53% |
| Lme Zinc Future Oct24 | n/a | 4.12% |
| United States Treasury Bills 0% | B 0 12.05.24 | 3.49% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 | $0.18853 | Dec 31, 2018 |
| Dec 15, 2008 | $0.340 | Dec 30, 2008 |
| Dec 17, 2007 | $0.760 | Dec 28, 2007 |
News
Moving Averages: S&P Finishes September 2024 Up 2.0%
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...
2 Commodity ETFs to Help Diversify Portfolios
Even as gold prices are rising on expectations of a Fed rate cut, investors may be better positioned in diversified commodity ETFs. Broad-basket commodity ETFs can provide exposure to the asset class ...
Moving Averages: S&P Finishes August 2024 Up 2.3%
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...
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 ...
The Case For DBC In 2023
DBC is outperforming the S&P 500. Pressure on the Fed to curb its enthusiasm for higher interest rates should be considered.
How Have Inflation-Hedge ETFs Fared This Year?
Good, but not as well as hoped. Inflation-hedge ETFs have generally been successful in minimizing losses during the current inflationary environment, less so at generating positive returns.
Looming Copper Crunch May Boost ETFs
Clean tech demand and underinvesting in mines are pinching supplies.
DBC Is A Scale-Down Buy If The Fed Makes Another Tragic Miscalculation
Investors saw a “transitory” error in 2021. The Fed woke up late last year. That makes 2022 a year of "transition." The central bank and administration redefine a recession.
Invesco Launches Agricultural Commodity ETF
The fund offers investors a way to access ag commodities without the hassle of a K-1 tax form.
DBC: Commodities Come Under Fire As Energy Stocks Sink
The DBC ETF rests at critical support after a bearish false breakout took place in a major oil fund. Energy stocks have been slammed of late as bears take down what was a very strong area of market mo...