DBBINVESCO DB BASE METALS FUND

Beat inflation19y track recordRanked #49 of 114 in this goal

By Invesco · Launched 2007

Annual Cost

0.75%

#3,765 of 5,562 · expensive

Fund Size

$391M

#1,766 of 5,562 · large

Return (1Y)Goal

+38.5%

Track Record

19 years

#399 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$13,662+36.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Commodity

Index tracked

DBIQ Optimum Yield Industrial Metals Index Excess Return

What it actually holds

By weight

Concentration

Top 1 holdings = 47.6% of fundmoderately concentrated

Invesco Shrt-Trm Inv Gov&Agcy InstlAGPXX

47.6%

Asset allocation

Other

52.4%

Cash

47.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

18.4%Moderate

Year-on-year price swings

Max drawdown

-38.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.79Decent risk-adjusted returns

Sortino (3Y)

1.15Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Strategy: The Fund's principal investment strategy involves investing in a portfolio of exchange-traded futures on commodities in the base metals sector, specifically targeting futures contracts on Aluminum, Zinc, Lead, Nickel, Comex Copper, and Copper - Grade A. The Fund aims to track the Index by trading these futures contracts while also holding Treasury Securities and money market mutual funds for margin and cash management purposes.
Inception date: January 5, 2007
Fund family: Invesco