Invesco DB Commodity Index Tracking FundInvesco DB Commodity Index Tracking FundInvesco DB Commodity Index Tracking Fund

Invesco DB Commodity Index Tracking Fund

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Key stats


Assets under management (AUM)
‪1.15 B‬USD
Fund flows (1Y)
‪−481.48 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.04%
Shares outstanding
‪54.30 M‬
Expense ratio
0.87%

About Invesco DB Commodity Index Tracking Fund


Brand
Invesco
Home page
Inception date
Feb 3, 2006
Structure
Commodities Pool
Index tracked
DBIQ Optimum Yield Diversified Commodity Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
DBC represents 14 commodities drawn from the Energy, Precious Metals, Industrial Metals and Agriculture sectors via futures contracts. The fund’s index aims to maximize the potential roll benefits in backwardation markets and minimize any loss from rolling down the curve in contango markets. It did so by employing a rules-based approach when it rolls from one futures contract to another for each commodity. Rather than rolling based on a predefined schedule (e.g. monthly), the index rolls to futures (within the next 13) which, by its rules, generates the maximum implied roll yield. Structured as a commodity pool, investors should expect a K-1 at tax time. The fund and the index are rebalanced and reconstituted annually in November.

Classification


Asset Class
Commodities
Category
Broad market
Focus
Broad market
Niche
Optimized
Strategy
Optimized commodity
Geography
Global
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
Mutual fund
Government
ETF
Bonds, Cash & Other100.00%
Mutual fund42.35%
Government37.49%
ETF20.17%
Top 10 holdings

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to DBC via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DBC trades at 21.04 USD today, its price has fallen −0.52% in the past 24 hours. Track more dynamics on DBC price chart.
DBC net asset value is 21.21 today — it's risen 0.02% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
DBC assets under management is ‪1.15 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
DBC price has fallen by −0.19% over the last month, and its yearly performance shows a −11.67% decrease. See more dynamics on DBC price chart.
NAV returns, another gauge of an ETF dynamics, showed a −4.48% decrease in three-month performance and has decreased by −4.79% in a year.
DBC fund flows account for ‪−481.48 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DBC invests in funds. See more details in our Analysis section.
DBC expense ratio is 0.87%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, DBC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, DBC technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DBC shows the sell signal. See more of DBC technicals for a more comprehensive analysis.
Yes, DBC pays dividends to its holders with the dividend yield of 0.00%.
DBC trades at a premium (0.29%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
DBC shares are issued by Invesco Ltd.
DBC follows the DBIQ Optimum Yield Diversified Commodity Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 3, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.