DBB
Invesco DB Base Metals Fund
Industrial metals commodity ETF. Covers aluminum, copper, and zinc futures. Cyclical — sensitive to global industrial demand and China.
CommodityTER 0.75%Dist.
TER
0.75%
AUM
$0.3B
CAGR
1.6%
Volatility
21.5%
Sharpe
-0.06
Max Drawdown
-57.4%
Data Range
2007-01 → 2026-04
Performance Analysis
Maximum Drawdown History
How far the ETF has fallen from its all-time high at each point. Deeper = more painful.
Current DD0.0%
Worst DD-57.4%
Worst date2009-01
Rolling Returns
Annualized returns over rolling windows. Shows the range of outcomes depending on when you invested.
Avg return1.1%
Best23.1%
Worst-15.7%
% positive53%
196 periods
Key Facts
ISIN
US46140H5010
Issuer
Invesco
Benchmark
DBIQ Optimum Yield Industrial Metals Index
Total Expense Ratio (TER)
0.75%
Assets Under Management
$0.3B approx.
Inception Date
2007-01-05
Domicile
United States
Legal Structure
Limited Partnership
Dividend Policy
Distributing (pays dividends)
Replication Method
Synthetic (Swap-Based)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
NYSE Arca
Number of Holdings
N/A
Top 10 Holdings
Top 10 represent 100.0% of the fund.
1
COPPER-FUTCopper Futures
33.30%
2
ALUM-FUTAluminum Futures
33.30%
3
ZINC-FUTZinc Futures
33.40%
Who Is This ETF For?
✓General portfolio building block for the asset class it covers.
Key Risks to Consider
• No cash flows or dividends — returns depend entirely on price appreciation.
• Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).
Similar ETFs
Continue Your Analysis
Data & Methodology
Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.
Data source: Yahoo Finance (adjusted close), Invesco (metadata)Last verified: 2026-04-17
Related Guides from FinClaro Chile
Related ETFs
Similar ETFs
Alternative Approaches
💬 Frequently Asked Questions
Industrial metals commodity ETF. Covers aluminum, copper, and zinc futures. Cyclical — sensitive to global industrial demand and China.
DBB has a total expense ratio (TER) of 0.75%, which means you pay $75 per year for every $10,000 invested.
Yes, DBB is a distributing ETF that pays dividends to shareholders. The frequency depends on the fund's schedule.
DBB is a US-domiciled ETF (not UCITS). Non-US investors should consider the US estate tax implications (40% on US assets above $60,000) and the 30% dividend withholding tax (reduced by treaty in some countries).
DBB uses synthetic replication via swap contracts, which can reduce tracking error but introduces counterparty risk.