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Invesco DB Base Metals Fund (DBB)

Commodities Focused | Exchange Traded Fund | NYSEArca
25.73 USD +0.27 (1.060%) ⇧ (June 12, 2026, 4 p.m. EDT)
After hours: 25.12 -0.61 (-0.610%) ⇩ (June 12, 2026, 7:26 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | June 7, 2026, 5:09 a.m. EDT

The base metals complex is showing aggressive bullish positioning, with options flow heavily skewed toward upside moves at $30, while the underlying price action remains resilient near the $26 level. However, the long-term investment case is compromised by a deteriorating trend; the asset has suffered four consecutive years of negative annual returns, signaling a structural decline in the underlying commodity prices or demand fundamentals that the market has priced in. While the valuation appears cheap relative to book value, this discount reflects the persistent weakness in the sector rather than a margin of safety. The recent price recovery is likely a tactical bounce within a broader downtrend, making this a speculative trade for momentum rather than a core holding for capital preservation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_52_105 ✓0.036174
MSTL_1050.038840
AutoARIMA0.039636
AutoETS0.039647
AutoTheta0.039653
MSTL0.041017
MSTL_520.046202

Forecast horizon: 60 days | Selected: MSTL_52_105

Forecast Reliability
Score 55%
H-stat 1.08
Ljung-Box p 0.000
Jarque-Bera p 0.032
Excess Kurtosis -0.33
Attribute Value
Trailing P/E 4.56

As of June 7, 2026, 5:09 a.m. EDT: Speculators are overwhelmingly bullish on the near term, evidenced by massive out-of-the-money call open interest at the $30 strike for July expiration, suggesting a bet on a significant commodity price spike. Conversely, put activity is negligible, indicating a lack of hedging against downside risk despite the asset's volatility.


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 0.02356638
dividendYield 2.31

Info Dump

Attribute Value
All Time High 34.11
All Time Low 10.9
Ask 26.2
Ask Size 400
Average Daily Volume10 Day 473,570
Average Daily Volume3 Month 467,919
Average Volume 467,919
Average Volume10Days 473,570
Beta3 Year 0.4
Bid 24.19
Bid Size 400
Book Value 22.884
Category Commodities Focused
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 25.73
Day Low 25.4999
Dividend Yield 2.31
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 25.2592
Fifty Day Average Change 0.4708004
Fifty Day Average Change Percent 0.01863877
Fifty Two Week Change Percent 37.15352
Fifty Two Week High 26.71
Fifty Two Week High Change -0.97999954
Fifty Two Week High Change Percent -0.03669036
Fifty Two Week Low 17.81
Fifty Two Week Low Change 7.92
Fifty Two Week Low Change Percent 0.444694
Fifty Two Week Range 17.81 - 26.71
Financial Currency USD
First Trade Date Milliseconds 1,168,007,400,000
Five Year Average Return 0.074052304
Full Exchange Name NYSEArca
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 POSTPOST
Max Age 86,400
Message Board Id finmb_30853986
Nav Price 25.2
Net Assets 391,496,256.0
Net Expense Ratio 0.75
Open 25.51
Phone (800) 983-0903
Post Market Change -0.6099987
Post Market Change Percent -2.3707683
Post Market Price 25.12
Post Market Time 1,781,306,785
Previous Close 25.46
Price Hint 2
Price To Book 1.1243663
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.27
Regular Market Change Percent 1.06049
Regular Market Day High 25.73
Regular Market Day Low 25.4999
Regular Market Day Range 25.4999 - 25.73
Regular Market Open 25.51
Regular Market Previous Close 25.46
Regular Market Price 25.73
Regular Market Time 1,781,294,400
Regular Market Volume 197,470
Shares Outstanding 10,600,000
Short Name Invesco DB Base Metals Fund
Source Interval 15
Symbol DBB
Three Year Average Return 0.1749175
Total Assets 391,496,256
Tradeable 0
Trailing Annual Dividend Rate 0.6
Trailing Annual Dividend Yield 0.02356638
Trailing P E 4.5620565
Trailing Peg Ratio None
Trailing Three Month Nav Returns 7.10157
Trailing Three Month Returns 7.10157
Triggerable 1
Two Hundred Day Average 23.06295
Two Hundred Day Average Change 2.6670494
Two Hundred Day Average Change Percent 0.11564216
Type Disp ETF
Volume 197,470
Yield 0.0231
Ytd Return 13.37413