DBB icon

Invesco DB Base Metals Fund

19.74 USD
+0.11
0.56%
At close Dec 20, 4:00 PM EST
1 day
0.56%
5 days
-2.13%
1 month
-1.45%
3 months
-0.35%
6 months
-1.99%
Year to date
9.79%
1 year
11.97%
5 years
28.10%
10 years
22.68%
0
Funds holding %
of 6,809 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

7% less funds holding

Funds holding: 69 [Q2] → 64 (-5) [Q3]

15.65% less ownership

Funds ownership: 48.13% [Q2] → 32.48% (-15.65%) [Q3]

36% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 14

55% less capital invested

Capital invested by funds: $83.3M [Q2] → $37.6M (-$45.7M) [Q3]

100% less funds holding in top 10

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

Research analyst outlook

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

Financial journalist opinion

Positive
Seeking Alpha
2 weeks ago
Buying DBB As Base Metals Correct
The Invesco DB Base Metals Fund ETF, holding copper, aluminum, and zinc, is critical for infrastructure and technology, and is recommended for buying at current levels with room to add. Base metals prices have declined post-election due to a stronger dollar and higher U.S. interest rates, impacting the DBB ETF's performance. China's economic recovery in 2025 could boost demand for base metals, positively influencing the DBB ETF.
Buying DBB As Base Metals Correct
Positive
ETF Trends
1 month ago
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
Positive
Zacks Investment Research
3 months ago
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
Negative
Seeking Alpha
3 months ago
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
Positive
Seeking Alpha
6 months ago
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.
Positive
Zacks Investment Research
8 months ago
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.
Positive
Seeking Alpha
8 months ago
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.
Positive
Seeking Alpha
10 months ago
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.
Positive
CNBC Television
11 months ago
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
Neutral
Seeking Alpha
11 months ago
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.
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