Invesco DB Commodity Index Tracking Fund (DBC)Commodities Broad Basket | Exchange Traded Fund | NYSEArca
28.33 USD
+0.81
(2.943%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:30 a.m. EDT
The commodity sector is currently caught in a tug-of-war between defensive hedging and speculative inflation plays. While the recent price action shows a slight recovery from mid-June lows, the underlying sentiment remains cautious, evidenced by the heavy put positioning at lower strikes. This defensive stance contrasts with the bullish headlines regarding geopolitical risks and potential price jumps, which are driving some call buying at higher strikes. For the short term, the asset looks like a volatile swing trade rather than a momentum play, with the statistical forecast showing a flat outlook that aligns with the choppy recent price action. Long-term, the asset holds a decent yield and trades at a reasonable valuation relative to book value, but the mixed multi-year performance—characterized by significant volatility and a recent dip—prevents it from being a top-tier buy-and-hold candidate. It serves well as a tactical inflation hedge but lacks the structural certainty required for a premium long-term rating. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.050157 |
| MSTL | 0.050286 |
| AutoTheta | 0.053003 |
| AutoARIMA | 0.109094 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 52% |
| H-stat | 16.20 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.115 |
| Excess Kurtosis | -1.05 |
| Attribute | Value |
|---|---|
| Trailing P/E | 6.85 |
As of July 11, 2026, 4:30 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest at strikes significantly below the current price (e.g., 18, 23, 25), suggesting a fear of a sharp decline or a 'crash' scenario. Conversely, call activity is concentrated near the money and slightly out-of-the-money, with notable open interest at 31 and 35 strikes for later expirations, indicating a hedge against a potential rebound driven by geopolitical tensions or inflation spikes. The implied volatility skew shows elevated premiums for downside protection compared to upside bets.
| 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 | 0.0 |
| Ask Size | 1,000 |
| Average Daily Volume10 Day | 965,870 |
| Average Daily Volume3 Month | 1,258,898 |
| Average Volume | 1,258,898 |
| Average Volume10Days | 965,870 |
| Beta3 Year | 1.05 |
| Bid | 0.0 |
| Bid Size | 3,300 |
| Book Value | 22.403 |
| Category | Commodities Broad Basket |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 28.3895 |
| Day Low | 27.79 |
| Dividend Yield | 2.8 |
| 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 | 29.1574 |
| Fifty Day Average Change | -0.8274002 |
| Fifty Day Average Change Percent | -0.028377023 |
| Fifty Two Week Change Percent | 27.154398 |
| Fifty Two Week High | 31.79 |
| Fifty Two Week High Change | -3.460001 |
| Fifty Two Week High Change Percent | -0.10883929 |
| Fifty Two Week Low | 21.59 |
| Fifty Two Week Low Change | 6.74 |
| Fifty Two Week Low Change Percent | 0.31218156 |
| Fifty Two Week Range | 21.59 - 31.79 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,139,236,200,000 |
| Five Year Average Return | 0.1099615 |
| Full Exchange Name | NYSEArca |
| 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 pursues its investment objective by investing in a portfolio of exchange-traded futures on Light Sweet Crude Oil (WTI), Heating Oil, RBOB Gasoline, Natural Gas, Brent Crude, Gold, Silver, Aluminum, Zinc, Copper Grade A, Corn, Wheat, Soybeans, and Sugar. The index is composed of notional amounts of each of these commodities. |
| Long Name | Invesco DB Commodity Index Tracking Fund |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_22546372 |
| Nav Price | 27.52 |
| Net Assets | 1,583,250,690.0 |
| Net Expense Ratio | 0.85 |
| Open | 27.85 |
| Phone | 800-983-0903 |
| Pre Market Change | 0.020000458 |
| Pre Market Change Percent | 0.070623085 |
| Pre Market Price | 28.34 |
| Pre Market Time | 1,784,032,345 |
| Previous Close | 27.52 |
| Price Hint | 2 |
| Price To Book | 1.2645627 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.809999 |
| Regular Market Change Percent | 2.94331 |
| Regular Market Day High | 28.3895 |
| Regular Market Day Low | 27.79 |
| Regular Market Day Range | 27.79 - 28.3895 |
| Regular Market Open | 27.85 |
| Regular Market Previous Close | 27.52 |
| Regular Market Price | 28.33 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 699,199 |
| Shares Outstanding | 111,400,000 |
| Short Name | Invesco DB Commodity Index Trac |
| Source Interval | 15 |
| Symbol | DBC |
| Three Year Average Return | 0.10758489 |
| Total Assets | 1,583,250,688 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.744 |
| Trailing Annual Dividend Yield | 0.027034884 |
| Trailing P E | 6.8512692 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -7.99031 |
| Trailing Three Month Returns | -7.99031 |
| Triggerable | 1 |
| Two Hundred Day Average | 25.80125 |
| Two Hundred Day Average Change | 2.5287495 |
| Two Hundred Day Average Change Percent | 0.0980088 |
| Type Disp | ETF |
| Volume | 699,199 |
| Yield | 0.027999999 |
| Ytd Return | 18.75 |