DBE - Invesco DB Energy Fund
|Ex-Dividend Date||Dec 23, 2019|
|Trading Day||April 19|
|Day's Range||13.74 - 13.83|
|52-Week Range||7.00 - 14.15|
The investment seeks to track the DBIQ Optimum Yield Energy Index Excess Return, which is intended to reflect the changes in market value of the energy sector. The index Commodities consist of Light, Sweet Crude Oil (WTI), Heating Oil, Brent Crude Oil, RBOB Gasoline and Natural Gas. The fund invests in futures contracts in an attempt to track its index.
|Asset Class |
|Inception Date |
Jan 5, 2007
|Ticker Symbol |
|Index Tracked |
DBIQ Optimum Yield Energy Index Excess Return
|Dec 23, 2019||$0.262||Dec 31, 2019|
|Dec 24, 2018||$0.208||Dec 31, 2018|
Oil keeps on climbing, adding more fuel to the energy rally flame. Two strong ETFs that stand to benefit from the rally include the Invesco DB Oil Fund (DBO) and the broader Invesco DB Energy Fund (DBE).
Futures trading activity could portend upside ahead for oil prices, which is a positive sign for the energy sector. 2020 hasn't been kind to the capital markets in general, but the latest jump could giv...