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Invesco DB G10 Currency Harvest Fund

DBV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 18 2006
Expense Ratio
0.77%
Type
Global Currency
Fund Owner
Invesco
Volume (1m avg. daily)
$97,033
AUM
$32,897,798
Associated Index
Deutsche Bank G10 Currency Future Harvest Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

AGPXX
Short-Term Investment Trust - AIM Short Term Investments Trust Govt & Agency Portfolio Inst Class
18.79%
B 0 03/02/23
United States Treasury Bill
10.03%
B 0 04/20/23
United States Treasury Bill
6.64%
B 0 03/09/23
United States Treasury Bill
1.11%
n/a
Cash/Receivables/Payables
0.00%
Invest with DBV

What is DBV?

The Invesco DB G10 Currency Harvest Fund seeks to track changes, whether positive or negative, in the level of the Deutsche Bank G10 Currency Future Harvest Index, Excess Return (DB G10 Currency Future Harvest 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 currency futures. The Index is composed of currency futures contracts on certain G10 currencies and is designed to exploit the trend that currencies associated with relatively high interest rates, on average, tend to rise in value relative to currencies associated with relatively low interest rates. The G10 currency universe from which the Index selects currently includes U.S. dollars, euros, Japanese yen, Canadian dollars, Swiss francs, British pounds, Australian dollars, New Zealand dollars, Norwegian krone and Swedish krona. The Fund seeks to track the Index, which is designed to reflect the return from investing up to a 2:1 leveraged basis (immediately upon rebalancing, which may then increase or decrease) in long currency futures positions for certain currencies associated with relatively high yielding interest rates and in short currency futures positions for certain currencies associated with relatively low yielding interest rates. The Fund and the Index are rebalanced and reconstituted annually in November.

ETFs related toDBV

ETFs correlated to DBV include CLOZ, GJAN, FIAX

DBV
DB Commodity Services LLC - Invesco DB G10 Currency Harvest Fund
CLOZ
Series Portfolios Trust - Panagram BBB-B CLO ETF
GJAN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
FIAX
TIDAL ETF TRUST II - Nicholas Fixed Income Alternative ETF
MARB
First Trust Exchange-Traded Fund III - First Trust Merger Arbitrage ETF
YCS
ProShares Trust - ProShares UltraShort Yen -2x Shares
MEMX
Matthews International Funds - Matthews Emerging Markets ex China Active ETF
YALL
Tidal ETF Trust - God Bless America ETF
FORH
ETF Opportunities Trust - Formidable ETF
XME
SPDR Series Trust - SPDR Metals & Mining ETF
RSEE
Collaborative Investment Series Trust - Rareview Systematic Equity ETF

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 toDBV

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Can contain

DBVUUP
#SPYMIN

SPY minimum drawdown

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Risk Rating

Aggressive

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Create your own algorithmic trading strategy with DBV using Composer

Disclaimers

*

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.