Invesco DB Base Metals Fund
DBB
Market cap $129M

19.94 USD

+0.38

1.94%

At close Nov 15, 4:00 PM EST

1 day

1.94%

5 days

-1.38%

1 month

-2.40%

3 months

4.73%

6 months

-4.04%

Year to date

10.90%

1 year

5.67%

5 years

32.40%

10 years

17.29%

Financials Commodity Contracts Brokers & Dealers

0

Funds holding %

of 6,704 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,535% more call options, than puts

Call options by funds: $1.54M | Put options by funds: $94K

21% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 14

9% less funds holding

Funds holding: 68 [Q2] → 62 (-6) [Q3]

15.52% less ownership

Funds ownership: 48.0% [Q2] → 32.48% (-15.52%) [Q3]

40% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 15

55% less capital invested

Capital invested by funds: $83M [Q2] → $37.6M (-$45.5M) [Q3]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

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Research analyst outlook

We haven’t received any recent analyst ratings for DBB.

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Financial journalist opinion

3 Commodity ETFs to Pair With PDBC

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) provides broad-basket commodity exposure. While the fund can stand alone, it can also be used alongside other commodity ETFs.

3 Commodity ETFs to Pair With PDBC

Zacks Investment Research

Why Commodity ETFs Are Smart Investments in Today's Market

With uncertainties still present and the potential of an overreaction by the market, investing in commodity ETFs with exposure to metals like gold, copper, silver and uranium is a smart strategy to reduce portfolio volatility.

Why Commodity ETFs Are Smart Investments in Today's Market

DBB: Base Metals Slammed To Start September, Weighing Macro Risks

I have a hold rating on DBB due to mixed macro risks and a neutral technical chart outlook. A weaker dollar and lower interest rates could favor commodities, but global growth concerns and weak data from China are significant headwinds. DBB's holdings in zinc, copper, and aluminum, along with Treasury positions, provide some diversification for equity investors, but liquidity and tracking risks remain.

DBB: Base Metals Slammed To Start September, Weighing Macro Risks

DBB: Right Time, And Right Theme If China Comes Back

Bullish on commodities due to potential economic recovery in China. Invesco DB Base Metals Fund ETF offers exposure to industrial metals through futures contracts. The DBB ETF provides diversification and equal weighting of copper, zinc, and aluminum, mitigating risks and capturing upside potential in the base metals sector.

DBB: Right Time, And Right Theme If China Comes Back

Zacks Investment Research

Base Metals ETF (DBB) Hits a New 52-Week High

For investors seeking momentum, Invesco DB Base Metals Fund DBB is probably on the radar. The fund just hit a 52-week high and is up 22% from its 52-week low price of $16.77/share.

Base Metals ETF (DBB) Hits a New 52-Week High

DBB: The Case For Copper, Aluminum, And Zinc

Base metals, including copper, aluminum, and zinc, trade on the London Metals Exchange and are influenced by liquidity and price volatility. Copper prices have rallied in early Q2, while aluminum and zinc prices have also followed an upward trend. Stockpile levels of copper, aluminum, and zinc provide mixed signals about the metals' fundamentals, but China's economy remains a critical factor for base metals prices.

DBB: The Case For Copper, Aluminum, And Zinc

Reasons To Consider Increasing Base Metals Exposure Via The DBB ETF

Base metal prices on the London Metals Exchange have fallen after reaching highs in 2022. Copper is the most closely watched base metal due to its role in infrastructure building and addressing climate change.

Reasons To Consider Increasing Base Metals Exposure Via The DBB ETF

CNBC Television

Committee's 2024 Contrarian Ideas: ETFs DBB and SPPP

Bill Baruch, Blue Line Capital founder, and Liz Young, SoFi head of investment strategy, join CNBC's 'Halftime Report' to reveal their top contrarian picks for 2024.

Committee's 2024 Contrarian Ideas: ETFs DBB and SPPP

DBB: Aluminum, Zinc, And Copper In 2024

U.S. interest rates rose to the highest level since 2007, supporting a rally in the U.S. dollar index. High interest rates and a strong U.S. currency weighed on base metals prices. There are compelling reasons for higher base metals prices in 2024, including falling U.S. interest rates and a weaker U.S. dollar.

DBB: Aluminum, Zinc, And Copper In 2024

DBB: Base Metal ETF For The Energy Transition Watchlist

DBB provides a rare opportunity for gaining exposure to futures contracts on three highly-liquid base metals: copper, aluminum, and zinc. Cu, Al, and Zn are expected to see a significant boom in demand long-term given the important role they will play in the global energy transition. These three metals have seen a rough year in terms of price performance, down about 8% on average in the past year.

DBB: Base Metal ETF For The Energy Transition Watchlist

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