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Invesco DB Base Metals Fund (DBB)

Commodities Focused | Exchange Traded Fund | NYSEArca
25.48 USD -0.08 (-0.313%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 26.20 +0.72 (2.825%) ⇧ (Aug. 28, 2026, 7:55 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 3 a.m. EDT

The base metals fund is showing a distinct bullish bias driven by commodity fundamentals and a complete absence of downside protection in the options chain. While the statistical forecast model whispers a slight negative drift (-0.03%), this is clearly noise compared to the structural uptrend where the asset is up +43% over the last nine years with no recent consecutive declines. The price action is holding firm above key moving averages, and the lack of put open interest suggests traders are not worried about a crash, instead betting on continued metal strength. However, the dividend yield of 2.4% is merely inflation-matching given the erratic payout history, offering no safety net. This is a momentum play for the commodities sector rather than a defensive income vehicle.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.030458
AutoTheta0.032273
AutoETS0.033086
AutoARIMA0.033252

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 53%
H-stat 21.25
Ljung-Box p 0.000
Jarque-Bera p 0.183
Excess Kurtosis -1.25
Attribute Value
Trailing P/E 4.52

As of Aug. 22, 2026, 3 a.m. EDT: Speculators are positioning for a moderate upside move, evidenced by significant new volume in out-of-the-money calls at strikes 28 and 35, alongside heavy open interest in deep out-of-the-money calls at 31 and 35. Conversely, put activity is negligible, with almost no open interest or volume in protective strikes, indicating a lack of hedging demand and a speculative bias toward gains.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.71% 2.71% 4.98% 3.18%
Dividend History
Date Dividend Yield %
2025-12-22 0.600 2.712477
2024-12-23 0.896 4.738234
2023-12-18 1.320 7.478754
2022-12-19 0.184 0.946015
2019-12-23 0.273 1.820000
2018-12-24 0.244 1.567116
2008-12-15 0.280 2.434783
2007-12-17 0.960 4.463040
Additional Data
trailingAnnualDividendRate 0.6
trailingAnnualDividendYield 0.02347418
dividendYield 2.4

Info Dump

Attribute Value
All Time High 34.11
All Time Low 10.9
Ask 26.2
Ask Size 700
Average Daily Volume10 Day 203,940
Average Daily Volume3 Month 267,046
Average Volume 267,046
Average Volume10Days 203,940
Beta3 Year 0.46
Bid 24.9
Bid Size 700
Book Value 22.884
Category Commodities Focused
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 25.635
Day Low 25.41
Dividend Yield 2.4
Eps Trailing Twelve Months 5.64
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 24.8828
Fifty Day Average Change 0.5972004
Fifty Day Average Change Percent 0.024000531
Fifty Two Week Change Percent 28.571426
Fifty Two Week High 26.71
Fifty Two Week High Change -1.2299995
Fifty Two Week High Change Percent -0.046050154
Fifty Two Week Low 19.69
Fifty Two Week Low Change 5.789999
Fifty Two Week Low Change Percent 0.29405785
Fifty Two Week Range 19.69 - 26.71
Financial Currency USD
First Trade Date Milliseconds 1,168,007,400,000
Five Year Average Return 0.0766612
Full Exchange Name NYSEArca
Fullday Change -0.0799999
Fullday Change Percent -0.312989
Fullday Price 26.1999
Fund Family Invesco
Fund Inception Date 1,167,955,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund invests in a portfolio of exchange-traded futures on the index Commodities. The fund is designed to track its Index, which is intended to reflect the changes in market value of the base metals sector. The index Commodities consist of Aluminum, Zinc and Copper - Grade A.
Long Name Invesco DB Base Metals Fund
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_30853986
Nav Price 25.54
Net Assets 362,448,544.0
Net Expense Ratio 0.75
Open 25.66
Phone (800) 983-0903
Post Market Change 0.71990013
Post Market Change Percent 2.8253539
Post Market Price 26.1999
Post Market Time 1,787,961,339
Previous Close 25.56
Price Hint 2
Price To Book 1.1134417
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0799999
Regular Market Change Percent -0.312989
Regular Market Day High 25.635
Regular Market Day Low 25.41
Regular Market Day Range 25.41 - 25.635
Regular Market Open 25.66
Regular Market Previous Close 25.56
Regular Market Price 25.48
Regular Market Time 1,787,947,200
Regular Market Volume 107,615
Shares Outstanding 10,600,000
Short Name Invesco DB Base Metals Fund
Source Interval 15
Symbol DBB
Three Year Average Return 0.17623779
Total Assets 362,448,544
Tradeable 0
Trailing Annual Dividend Rate 0.6
Trailing Annual Dividend Yield 0.02347418
Trailing P E 4.5177307
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.84883
Trailing Three Month Returns 0.84883
Triggerable 1
Two Hundred Day Average 24.14305
Two Hundred Day Average Change 1.3369503
Two Hundred Day Average Change Percent 0.0553762
Type Disp ETF
Volume 107,615
Yield 0.024
Ytd Return 9.0472