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ETFs

Invesco DB Energy Fund

DBE
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jan 05 2007
Expense Ratio
0.77%
Type
Global Commodities & Metals
Fund Owner
Invesco
Volume (1m avg. daily)
$659,770
AUM
$96,860,984
Associated Index
Deutsche Bank Liquid Commodity Index - Optimum Yield Energy
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AGPXX
Invesco Government & Agency Portfolio
29.64%
B 0 12/07/23
United States Treasury Bill
7.72%
B 0 03/07/24
United States Treasury Bill
7.61%
TBLL
Invesco Capital Management LLC - Invesco Short Term Treasury ETF
5.22%
n/a
Cash/Receivables/Payables
0.00%
Invest with DBE

What is DBE?

The Invesco DB Energy Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Energy Index Excess Return, (DBIQ Opt Yield Energy Index ER) plus the interest income from the Funds holdings of primarily US Treasury securities and money market income less the Funds expenses. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on some of the most heavily traded energy commodities in the world light sweet crude oil (WTI), heating oil, Brent crude oil, RBOB gasoline and natural gas. You cannot invest directly in the Index. The Fund and the Index are rebalanced and reconstituted annually in November.

ETFs related toDBE

ETFs correlated to DBE include GSG, COMT, UCO

DBE
Invesco DB Multi-Sector Commodity Trust - Invesco DB Energy Fund
GSG
BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed Trust
COMT
BlackRock Institutional Trust Company N.A. - iShares GSCI Commodity Dynamic Roll Strategy ETF
UCO
ProShares Trust - ProShares Ultra Bloomberg Crude Oil 2x Shares
OILK
ProShares Trust - ProShares K-1 Free Crude Oil Strategy ETF
USO
United States Commodity Funds LLC - United States Oil Fund
DBO
Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund
BNO
United States Commodity Funds LLC - United States Brent Crude Oil Fund
DBC
DB Commodity Services LLC - Invesco DB Commodity Index Tracking Fund
PDBC
Invesco Capital Management LLC - Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
USOI
Credit Suisse AG Nassau Branch - Credit Suisse X-Links Crude Oil Shares Covered Call ETN

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDBE

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#SPIRAL

Stoic Finance Presents: Inflation Spiral Hedge

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with DBE using Composer

FAQ

DBE is a Global Commodities & Metals ETF. The Invesco DB Energy Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Energy Index Excess Return, (DBIQ Opt Yield Energy Index ER) plus the interest income from the Funds holdings of primarily US Treasury securities and money market income less the Funds expenses. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on some of the most heavily traded energy commodities in the world light sweet crude oil (WTI), heating oil, Brent crude oil, RBOB gasoline and natural gas. You cannot invest directly in the Index. The Fund and the Index are rebalanced and reconstituted annually in November.

DBE tracks the Deutsche Bank Liquid Commodity Index - Optimum Yield Energy.

No, DBE is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DBE is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DBE is 0.0703%. This is the percent change in the value of DBE over the most recent 1-month period. The 3-month return on DBE is 0.2101%. This is the percent change in the value of DBE over the most recent 3-month period.

The standard deviation of DBE for the past year is 0.2674%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DBE include RENW, USE, and UGA.

ETFs correlated to DBE include GSG, COMT, and UCO.

ETFs that are inversely correlated to DBE include SCO, DRIP, and OILD.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.