Invesco DB Precious Metals Fund

Price: $51.05
Change: $0.52 (0.01%)
Category: Precious Metals
Last Updated:


Issuer Invesco
Brand Invesco DB
Structure Commodity Pool
Expense Ratio 0.75%
ETF Home Page Home page
Inception Jan 05, 2007

Analyst Report

DBP seeks to provide exposure to two of the most popular precious metals: gold and silver. This product generates returns based on futures contracts of the two metals, and has been trading since 2007. Commodity exposure in a portfolio used to be a binary choice, either one invested in them, or they did not. Now, commodities have been proven as powerful inflation hedging tools with the power to generate powerful returns for an individual portfolio. This fund is based on futures-contracts to makes it subject to the risks of contango, backwardation, and other problems that are associated with futures-backed products. Despite setbacks, this product can be a powerful tool if the investor fully understand the complexities of the ETF and how to trade it. DBP will be a good choice for investors who have no preference between silver and gold exposure, and simply want access to both through a single equity-based ticker.

ETF Database Themes

Category Precious Metals
Asset Class Commodity
Commodity Type Precious Metals
Commodity Gold
Commodity Exposure Futures-Based

FactSet Classifications

Segment Commodities: Precious Metals
Category Precious Metals
Focus Broad Market
Niche Optimized
Strategy Optimized commodity
Weighting Scheme Fixed

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $41.65
  • 52 Week Hi $53.25
  • AUM $159.6 M
  • Shares 3.2 M

Historical Trading Data

  • 1 Month Avg. Volume 44,443
  • 3 Month Avg. Volume 39,362

Alternative ETFs in the ETF Database Precious Metals Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest GLDM 0.10% $6.0 B 1 M 9.59%
Largest (AUM) GLD 0.40% $58.0 B 7 M 9.49%
Most Liquid (Volume) SLV 0.50% $10.3 B 18 M -3.36%
Top YTD Performer BAR 0.17% $957.3 M 570,928 9.64%

Alternative ETFs in the FactSet Commodities: Precious Metals Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest JJP 0.45% $7.3 M 236 6.37%
Largest (AUM) GLTR 0.60% $975.6 M 48,377 1.88%
Most Liquid (Volume) GLTR 0.60% $975.6 M 48,377 1.88%
Top YTD Performer JJP 0.45% $7.3 M 236 6.37%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

DBP ETF Database Category Average FactSet Segment Average
Number of Holdings 4 1 2
% of Assets in Top 10 100.00% 95.65% 100.00%
% of Assets in Top 15 100.00% 95.65% 100.00%
% of Assets in Top 50 100.00% 95.65% 100.00%

Size Comparison

DBP ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

DBP Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

DBP Dividend

This section compares the dividend yield of this ETF to its peers.

DBP ETF Database Category Average FactSet Segment Average
Dividend $ 0.22 $ 0.12 $ 0.07
Dividend Date 2022-12-19 N/A N/A
Annual Dividend Rate $ 0.22 $ 0.19 $ 0.07
Annual Dividend Yield 0.47% 0.51% 0.16%

DBP Price and Volume Charts

View charts featuring DBP price and volume data.

DBP Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: -4.95 M 1 Month Net Flows: 4.19 M 3 Month Net Flows: 43.5 M 6 Month Net Flows: 62.28 M 1 Year Net Flows: 29.29 M 3 Year Net Flows: -10.24 M 5 Year Net Flows: -44.89 M 10 Year Net Flows: -71.08 M

DBP Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: -1.9 M
1 Month Net AUM Change: 12.72 M
3 Month Net AUM Change: 49.42 M
6 Month Net AUM Change: 77.81 M
1 Year Net AUM Change: 25.17 M
3 Year Net AUM Change: 24.75 M
5 Year Net AUM Change: -16.64 M
10 Year Net AUM Change: -145.73 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for DBP on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Precious Metals with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B+ GLD
Expenses C IAU

A+ Overall Rated ETF:

DBP Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 27.84%
Max LT Capital Gains Rate 27.84%
Tax On Distributions No distributions
Distributes K1 Yes
ESG Themes and Scores

DBP does not have an ESG score. There are no ESG themes that map to this ETF.

DBP Performance

This section shows how this ETF has performed relative to its peers.

DBP ETF Database
Category Average
Factset Segment
1 Month Return 8.76% 6.75% 8.47%
3 Month Return 8.36% 4.63% 6.96%
YTD Return 6.24% 1.88% 4.83%
1 Year Return -1.74% -3.44% -3.35%
3 Year Return 35.09% 33.71% 35.83%
5 Year Return 35.69% 19.52% 25.41%

Geographic Exposure

The following charts reflect the geographic spread of DBP's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of DBP's underlying holdings.

DBP Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 85.72%
20 Day Volatility 20.01%
50 Day Volatility 17.61%
200 Day Volatility 18.60%
Beta 0.24
Standard Deviation 2.74%
5 Day Volatility
10 of 23

20 Day Volatility
12 of 23

50 Day Volatility
11 of 23

200 Day Volatility
11 of 23

10 of 23

Standard Deviation
10 of 23


  • 20 Day MA $48.05
  • 60 Day MA $48.48
  • MACD 15 Period 2.54
  • MACD 100 Period 3.67
  • Williams % Range 10 Day 0.09
  • Williams % Range 20 Day 0.08
  • RSI 10 Day 73
  • RSI 20 Day 65
  • RSI 30 Day 62
  • Ultimate Oscillator 64

Bollinger Bands

  • Lower Bollinger (10 Day) $47.23
  • Upper Bollinger (10 Day) $51.48
  • Lower Bollinger (20 Day) $44.93
  • Upper Bollinger (20 Day) $51.12
  • Lower Bollinger (30 Day) $45.20
  • Upper Bollinger (30 Day) $50.46

Support & Resistance

  • Support Level 1 $50.78
  • Support Level 2 $50.52
  • Resistance Level 1 $51.18
  • Resistance Level 2 $51.32


  • Stochastic Oscillator %D (1 Day) 70.47
  • Stochastic Oscillator %D (5 Day) 86.16
  • Stochastic Oscillator %K (1 Day) 55.09
  • Stochastic Oscillator %K (5 Day) 80.92


  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) -0.01
  • Maximum Premium Discount (%) 1.53
  • Average Spread (%) 6.98
  • Average Spread ($) 6.98

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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