Invesco DB Precious Metals Fund (DBP)
About this ETF
The Invesco DB Precious Metals Fund endeavors to replicate the fluctuations, positive or negative, in the DBIQ Optimum Yield Precious Metals Index Excess Return. This performance is augmented by interest income derived primarily from the Fund's holdings of U.S. Treasury securities and money market instruments, after accounting for its operational expenses. It provides investors with a cost-efficient and convenient avenue to gain exposure to commodity futures. The underlying Index is a systematic benchmark composed of futures contracts on two key precious metals: gold and silver. Both the Fund and the Index are rebalanced and reconstituted each November. Due to its highly speculative trading within inherently volatile markets, this Fund carries significant risks and is not suitable for all investors. The…
Price
Top 10 holdings
| Invesco Government & Agency Portfolio | 82.71% |
| COMEX Gold 100 Troy Ounces Future 12/29/2026 | 75.73% |
| COMEX Silver Future 12/29/2026 | 17.13% |
| CASH COLLATERAL | 9.72% |
| Invesco Short Term Treasury ETF TBLL | 8.99% |
| NYMEX Platinum Future 10/28/2026 | 5.44% |
| USD Pending Dividends | 0.08% |
| CASH & EQUIVALENTS | -1.51% |
| CONTRA FUTURE PLATINUM FUTURE OCT26PLV6 COMB 10/28/2026 | -5.44% |
| CONTRA FUTURE SILVER FUTURE DEC26SIZ6 COMB 12/29/2026 | -17.13% |
Sector mix
Price chart
Returns
| 1 month | -3.76% |
| 3 months | -18.30% |
| 6 months | -15.05% |
| Year to date | -10.64% |
| 1 year | +20.95% |
| 3 years (ann.) | +23.20% |
| 5 years (ann.) | +13.00% |
| 10 years (ann.) | +8.42% |
Risk profile
| Volatility (1y, ann.) | 33.98% |
| Sharpe (1y) | 0.73 |
| Sharpe (3y) | 0.98 |
| Sortino (1y) | 0.80 |
| Max drawdown (1y) | -32.95% |
| Max drawdown (5y) | -32.95% |
| Max drawdown (full) | -53.88% |
| Beta vs S&P 500 (1y) | 0.92 |
| Correlation vs S&P 500 (1y) | 0.34 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 184 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2025-12-22 | 2025-12-26 | USD 2.5037 |
| 2024-12-23 | 2024-12-27 | USD 2.5597 |
| 2023-12-18 | 2023-12-22 | USD 2.2343 |
| 2022-12-19 | 2022-12-23 | USD 0.2176 |
| 2019-12-23 | 2019-12-31 | USD 0.5253 |
| 2018-12-24 | 2018-12-31 | USD 0.4495 |
| 2017-12-18 | 2017-12-29 | USD 0.0453 |
| 2008-12-15 | — | USD 0.2700 |
| 2007-12-17 | — | USD 0.6000 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| iShares Bitcoin Trust ETF IBIT | 0.25% | 46.82B | — | -45.40% | -1.13 |
| Grayscale Bitcoin Trust ETF GBTC | 1.50% | 8.67B | — | -46.00% | -1.16 |
| Invesco Senior Loan ETF BKLN | 0.67% | 7.19B | 6.56% | -2.67% | -0.81 |
| abrdn Physical Gold Shares ETF SGOL | 0.17% | 6.81B | — | +20.15% | 0.80 |
| Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF PDBC | 0.74% | 5.34B | 3.01% | +27.55% | 1.37 |
| iShares Ethereum Trust ETF ETHA | 0.25% | 4.93B | — | -37.38% | -0.34 |
| abrdn Physical Silver Shares ETF SIVR | 0.30% | 3.97B | — | +55.06% | 1.04 |
| abrdn Physical Precious Metals Basket Shares ETF GLTR | 0.60% | 2.48B | — | +28.38% | 0.84 |
| abrdn Bloomberg All Commodity Strategy K-1 Free ETF BCI | 0.26% | 2.38B | 13.79% | +10.98% | 0.59 |
| Bitwise Bitcoin ETF Trust BITB | 0.20% | 2.32B | — | -45.29% | -1.13 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| iShares Bitcoin ETP IB1T.PA | 0.15% | 1.03B | 0.0% |
| WisdomTree Physical Bitcoin BTCW.SW | 0.15% | 1.19B | 0.0% |
| abrdn Physical Gold Shares ETF SGOL | 0.17% | 6.81B | 0.0% |
| Invesco AAA CLO Floating Rate Note ETF ICLO | 0.19% | 508.14M | 0.0% |
| WisdomTree U.S. Efficient Core Fund NTSX | 0.20% | 1.37B | 0.0% |

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