Invesco DB Precious Metals Fund (DBP) Research
The Invesco DB Precious Metals Fund endeavors to replicate the fluctuations, positive or negative, in the DBIQ Optimum Yield Precious Metals Index Excess Return. This performance is augmented by interest income derived primarily from the Fund's holdings of U.S. Treasury securities and money market instruments, after accounting for its operational expenses. It provides investors with a cost-efficient and convenient avenue to gain exposure to commodity futures. The underlying Index is a systematic benchmark composed of futures contracts on two key precious metals: gold and silver. Both the Fund and the Index are rebalanced and reconstituted each November. Due to its highly speculative trading within inherently volatile markets, this Fund carries significant risks and is not suitable for all investors. The substantial price movements characteristic of futures contracts can result in considerable financial losses.
Market snapshot
- Symbol
- DBP
- Price
- $98.36
- Day change
- -0.85%
- Market cap
- $250.8M
- 52-week range
- 74.07-140.76
- Sector
- Financial Services
- Industry
- Asset Management
Recent news
- The Dollar, Gold, and Bitcoin Are Taking Warsh's Fed Shift Seriously. Stocks Don't Care.
Stocks have quickly moved on from Kevin Warsh's hawkish first meeting as Federal Reserve Chairman. But other parts of the markets haven't.
- Gold Falls as Hawkish Fed Outweighs U.S.-Iran Deal Relief
Gold fell in early Asian trade. The precious metal's price is being weighed down by a more hawkish Fed outweighing relief from the U.S.-Iran interim peace deal, ANZ said.
- Gold And Silver Futures Fall As Fed Indicates Future Hikes
Following its Wednesday meeting, the Federal Reserve said the economy is “expanding at a solid pace despite elevated uncertainty,” pointing to the war in Iran. The Fed, in announcing the unanimous decision to hold interest rates steady, cited strong productivity and job growth, as well as minor changes in the unemployment rate.
Peer companies
- United States Copper Index Fund (CPER)
- Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW)
- Invesco MSCI EAFE Income Advantage ETF (EFAA)
- iShares MSCI Brazil Small-Cap ETF (EWZS)
- First Trust Dow Jones Select MicroCap Index Fund (FDM)
- First Trust Japan AlphaDEX Fund (FJP)
- First Trust Mid Cap Value AlphaDEX Fund (FNK)
- iShares US & Intl High Yield Corp Bond ETF (GHYG)
Open Invesco DB Precious Metals Fund (DBP) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.