Invesco DB Commodity Index Tracking Fund (DBC)Commodities Broad Basket | Exchange Traded Fund | NYSEArca
33.74 USD
+0.44
(1.321%)
⇧
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 33.87 +0.13 (0.385%) ⇧ (Oct. 16, 2026, 5:48 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 6:12 a.m. EDT
The commodity complex is currently trapped in a structural decline, evidenced by three consecutive years of negative annual returns despite a positive cumulative gain over the full nine-year window. While the asset trades at a discount relative to book value, the persistent failure to generate positive year-over-year growth suggests the market is correctly pricing in a deteriorating business environment or a secular shift away from the commodities this fund tracks. The recent price action shows a slight recovery, but the underlying momentum remains weak. On the income front, the yield is modest and appears to be a function of the depressed share price rather than robust cash generation, making it unsuitable as a core inflation hedge given the lack of capital appreciation. Speculative options activity highlights a divergence: while some are betting on a commodity boom, the dominant sentiment is defensive hedging against a potential crash. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.055839 |
| MSTL | 0.061263 |
| AutoARIMA | 0.062033 |
| AutoETS | 0.062034 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 50% |
| H-stat | 27.13 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.332 |
| Excess Kurtosis | -0.97 |
| Attribute | Value |
|---|---|
| Trailing P/E | 8.16 |
As of Oct. 10, 2026, 6:12 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest at strikes significantly below the current price (18, 24, 31), indicating a fear of a sharp decline or a 'crash' scenario. Conversely, there is notable new call flow at distant strikes (40, 45) suggesting a speculative bet on a massive commodity super-cycle, but this is outweighed by the defensive hedging. Implied volatility is elevated on deep out-of-the-money puts, reflecting anxiety about downside risk.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 3.32% | 3.32% | 4.51% | 2.83% |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-22 | 0.744 | 3.322912 |
| 2024-12-23 | 1.116 | 5.334608 |
| 2023-12-18 | 1.089 | 4.879032 |
| 2022-12-19 | 0.145 | 0.604923 |
| 2019-12-23 | 0.254 | 1.601513 |
| 2018-12-24 | 0.189 | 1.313412 |
| 2008-12-15 | 0.340 | 1.622912 |
| 2007-12-17 | 0.760 | 2.490170 |
| 2006-12-18 | 0.610 | 2.492848 |
| Attribute | Value |
|---|---|
| All Time High | 46.63 |
| All Time Low | 10.41 |
| Ask | 33.96 |
| Ask Size | 600 |
| Average Daily Volume10 Day | 670,090 |
| Average Daily Volume3 Month | 865,484 |
| Average Volume | 865,484 |
| Average Volume10Days | 670,090 |
| Beta3 Year | 1.05 |
| Bid | 33.2 |
| Bid Size | 700 |
| Book Value | 22.403 |
| Category | Commodities Broad Basket |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 33.7795 |
| Day Low | 33.21 |
| Display Name | DB Commodity Idx Tracking Fund |
| Dividend Yield | 2.3 |
| Eps Trailing Twelve Months | 4.135 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 31.9966 |
| Fifty Day Average Change | 1.7434025 |
| Fifty Day Average Change Percent | 0.054487117 |
| Fifty Two Week Change Percent | 51.02954 |
| Fifty Two Week High | 33.78 |
| Fifty Two Week High Change | -0.0399971 |
| Fifty Two Week High Change Percent | -0.0011840469 |
| Fifty Two Week Low | 21.98 |
| Fifty Two Week Low Change | 11.760002 |
| Fifty Two Week Low Change Percent | 0.535032 |
| Fifty Two Week Range | 21.98 - 33.78 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,139,236,200,000 |
| Five Year Average Return | 0.120190896 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.5699997 |
| Fullday Change Percent | 1.7117108 |
| Fullday Price | 33.74 |
| Fund Family | Invesco |
| Fund Inception Date | 1,138,924,800 |
| 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 futures contracts in an attempt to track its Index. It holds Treasury Securities, money market mutual funds and T-Bill-ETFs only for margin and/or cash management purposes. The index utilizes an Optimum YieldTM methodology, which seeks to minimize the effects of negative roll yield that may be experienced by other commodities indexes. |
| Long Name | Invesco DB Commodity Index Tracking Fund |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_22546372 |
| Nav Price | 33.29 |
| Net Assets | 1,917,504,130.0 |
| Net Expense Ratio | 0.85 |
| Open | 33.3 |
| Phone | 800-983-0903 |
| Post Market Change | 0.12999725 |
| Post Market Change Percent | 0.3852912 |
| Post Market Price | 33.87 |
| Post Market Time | 1,792,187,323 |
| Previous Close | 33.3 |
| Price Hint | 2 |
| Price To Book | 1.5060483 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.440002 |
| Regular Market Change Percent | 1.32133 |
| Regular Market Day High | 33.7795 |
| Regular Market Day Low | 33.21 |
| Regular Market Day Range | 33.21 - 33.7795 |
| Regular Market Open | 33.3 |
| Regular Market Previous Close | 33.3 |
| Regular Market Price | 33.74 |
| Regular Market Time | 1,792,180,800 |
| Regular Market Volume | 680,782 |
| Shares Outstanding | 111,400,000 |
| Short Name | Invesco DB Commodity Index Trac |
| Source Interval | 15 |
| Symbol | DBC |
| Three Year Average Return | 0.1521962 |
| Total Assets | 1,917,504,128 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.744 |
| Trailing Annual Dividend Yield | 0.022342343 |
| Trailing P E | 8.159613 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 21.61654 |
| Trailing Three Month Returns | 21.61654 |
| Triggerable | 1 |
| Two Hundred Day Average | 28.69185 |
| Two Hundred Day Average Change | 5.048151 |
| Two Hundred Day Average Change Percent | 0.17594372 |
| Type Disp | ETF |
| Volume | 680,782 |
| Yield | 0.023 |
| Ytd Return | 44.41964 |