DBE Invesco DB Energy Fund
What is DBE?
DBE tracks an index of five energy-related futures contracts. It selects contracts based on the shape of the futures curve to minimize contango.
DBE Factset Analytics Insight
DBE reflects the performance of energy commodity futures. The fund’s index is designed to reduce the effects of contango by selecting futures contracts that, by its rule, have the highest implied roll yield for each commodity. The fund weights commodities by liquidity rather than production and strategically selects futures contracts in an attempt to maximize roll yield. The index underweights WTI and Brent crude relative to our benchmark, while providing extra exposure to Heating Oil, RBOB Gasoline and Natural Gas. Gas oil is completely excluded. Structured as a commodity pool, investors should expect a K-1 at tax time. The fund and the index are rebalanced and reconstituted annually in November.
DBE Summary Data
Peers
Fund Flows
DBE Portfolio Data
DBE Index Data
DBE Portfolio Management
DBE Tax Exposures
DBE Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DBE. DBE is rated a 5 out of 5.
DBE Tradability
DBE Sector Breakdown
Benchmark
DBE Top 10 Targeted Commodity Weights
DBE Performance Statistics
DBE Tenor Strategy
DBE's optimized tenor selection uses a rules-based strategy for choosing contracts over the next 13 months that will give the best possible implied roll yield.
DBE Rolling Strategy
DBE rolls contracts between the 2nd and 6th business days each month.
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use