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Invesco DB Silver Fund

DBS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 05 2007
Expense Ratio
0.76%
Type
Global Commodities & Metals
Fund Owner
Invesco
Volume (1m avg. daily)
$2,158,941
AUM
$60,153,743
Associated Index
Deutsche Bank Liquid Commodity Index - Optimum Yield Silver
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

AGPXX
Short-Term Investment Trust - AIM Short Term Investments Trust Govt & Agency Portfolio Inst Class
26.40%
CLTL
Invesco Capital Management LLC - Invesco Treasury Collateral ETF
12.11%
B 0 03/09/23
United States Treasury Bill
10.40%
B 0 03/02/23
United States Treasury Bill
2.40%
Invest with DBS

What is DBS?

The Invesco DB Silver Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Silver Index Excess Return, (DBIQ Opt Yield Silver 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 silver.

ETFs related toDBS

ETFs correlated to DBS include AGQ, SIVR, SLV

DBS
Invesco DB Multi-Sector Commodity Trust - Invesco DB Silver Fund
AGQ
ProShares Trust - ProShares Ultra Silver 2x Shares
SIVR
abrdn ETF - abrdn Physical Silver Shares ETF
SLV
BlackRock Institutional Trust Company N.A. - iShares Silver Trust
SLVO
Credit Suisse AG Nassau Branch - Credit Suisse X-Links Silver Shares Covered Call ETN
DBP
Invesco DB Multi-Sector Commodity Trust - Invesco DB Precious Metals Fund
GLTR
abrdn ETF - abrdn Physical Precious Metals Basket Shares ETF
IAU
BlackRock Institutional Trust Company N.A. - iShares Gold Trust
BAR
GraniteShares Gold Trust - GraniteShares Gold Shares
GLD
SSgA Active Trust - SPDR Gold Shares ETF
UGL
ProShares Trust - ProShares Ultra Gold 2x Shares

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 toDBS

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with DBS using Composer

FAQ

DBS is a Global Commodities & Metals ETF. The Invesco DB Silver Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Silver Index Excess Return, (DBIQ Opt Yield Silver 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 silver.

The top holdings for DBS include Short-Term Investment Trust - AIM Short Term Investments Trust Govt & Agency Portfolio Inst Class, Invesco Capital Management LLC - Invesco Treasury Collateral ETF, and United States Treasury Bill.

DBS has 6 total holdings.

DBS tracks the Deutsche Bank Liquid Commodity Index - Optimum Yield Silver.

No, DBS 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, DBS 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 DBS is -0.0729%. This is the percent change in the value of DBS over the most recent 1-month period. The 3-month return on DBS is 0.058%. This is the percent change in the value of DBS over the most recent 3-month period.

The standard deviation of DBS for the past year is 0.3156%. 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 DBS include DBB, GLDM, and OUNZ.

ETFs correlated to DBS include AGQ, SIVR, and SLV.

ETFs that are inversely correlated to DBS include ZSL, GLL, and JDST.

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.