Invesco Db Oil Etf Profile
| DBO Etf | USD 14.29 0.04 0.28% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Invesco DB is selling at 14.29 as of the 28th of November 2024; that is 0.28 percent increase since the beginning of the trading day. The etf's open price was 14.25. Invesco DB has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Invesco DB Oil are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The single index Commodity consists of Light, Sweet Crude Oil . DB Oil is traded on NYSEARCA Exchange in the United States. More on Invesco DB Oil
Moving together with Invesco Etf
Invesco Etf Highlights
| Thematic Idea | Energy ETFs (View all Themes) |
| Business Concentration | Energy ETFs, Commodities Focused, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2007-01-05 |
| Benchmark | DBIQ Optimum Yield Crude Oil Index Excess Return |
| Entity Type | Partnership |
| Asset Under Management | 218.58 Million |
| Average Trading Valume | 384,672.7 |
| Asset Type | Commodities |
| Category | Energy |
| Focus | Crude Oil |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Invesco Capital Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Invesco Distributors, Inc. |
| Portfolio Manager | Peter Hubbard |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Trustee | Wilmington Trust Company |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 5.0 |
| Market Maker | Jane Street |
| Total Expense | 0.77 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 2.44 |
| Name | Invesco DB Oil Fund |
| Currency Code | USD |
| Open Figi | BBG000QNH3T4 |
| In Threey Volatility | 24.5 |
| 1y Volatility | 15.2 |
| 200 Day M A | 15.0302 |
| 50 Day M A | 14.4884 |
| Code | DBO |
| Updated At | 27th of November 2024 |
Invesco DB Oil [DBO] is traded in USA and was established 2007-01-05. The fund is classified under Commodities Focused category within Invesco family. The entity is thematically classified as Energy ETFs. Invesco DB Oil currently have 335.01 M in assets under management (AUM). , while the total return for the last 3 years was 5.5%.
Check Invesco DB Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco DB Oil Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Invesco DB Oil Etf Constituents
| AGPXX | Invesco Short Term Investments | Money Market Fund | US Money Market Fund | |
| CLTL | Invesco | Etf | Ultrashort Bond |
Invesco DB Top Holders
| STGF | Merk Investments | Etf | Conservative Allocation | |
| DWAT | Arrow DWA Tactical | Etf | Tactical Allocation | |
| CPI | IndexIQ | Etf | Conservative Allocation | |
| PDAVX | Pinebridge Dynamic Asset | Mutual Fund | World Allocation | |
| PDAIX | Pinebridge Dynamic Asset | Mutual Fund | World Allocation | |
| ABRFX | Americafirst Tactical Alpha | Mutual Fund | Tactical Allocation | |
| ABRWX | Americafirst Tactical Alpha | Mutual Fund | Tactical Allocation | |
| ABRUX | Americafirst Monthly Risk On | Mutual Fund | Tactical Allocation |
Invesco DB Oil Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco DB. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 0.5812 |
Invesco DB Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco DB Oil. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of Invesco DB Oil is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco DB's value that differs from its market value or its book value, called intrinsic value, which is Invesco DB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco DB's market value can be influenced by many factors that don't directly affect Invesco DB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco DB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco DB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco DB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.