DBMF vs SPHD

Comparison between IMGP DBI MANAGED FUTURES STRATEGY ETF (DBMF, ETF) and INVESCO S&P 500 HIGH DIVIDEND LOW VOLATILITY ETF (SPHD, ETF).

5-Year PerformanceDBMF has outperformed SPHD, delivering a return of +8.1% compared to +5.7%

DBMF vs SPHD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DBMF(ETF)	SPHD(ETF)
Net Assets	$3.30B	$3.30B
Expense Ratio	0.85%	0.30%
Max Drawdown	29.26%	42.14%
Sharpe Ratio	1.83	0.55
5Y Beta	0.27	0.39
P/E Ratio	N/A	18.76
Forward P/E	N/A	13.41
PEG Ratio	N/A	0.34
5Y Dividends CAGR	51.19%	3.96%
5Y EPS CAGR	N/A	5.08%
Debt to Equity	N/A	-78.14%
P/S Ratio	N/A	1.86
P/B Ratio	N/A	1.81

Net Assets

DBMF

$3.30B

SPHD

$3.30B

Expense Ratio

DBMF

0.85%

Winner

SPHD

0.30%

Max Drawdown

Winner

DBMF

29.26%

SPHD

42.14%

Sharpe Ratio

Winner

DBMF

1.83

SPHD

0.55

5Y Beta

Winner

DBMF

0.27

SPHD

0.39

P/E Ratio

DBMF

N/A

SPHD

18.76

Forward P/E

DBMF

N/A

SPHD

13.41

PEG Ratio

DBMF

N/A

SPHD

0.34

5Y Dividends CAGR

Winner

DBMF

51.19%

SPHD

3.96%

5Y EPS CAGR

DBMF

N/A

SPHD

5.08%

Debt to Equity

DBMF

N/A

SPHD

-78.14%

P/S Ratio

DBMF

N/A

SPHD

1.86

P/B Ratio

DBMF

N/A

SPHD

1.81

DBMF vs SPHD - Historical Returns

Returns include dividend reinvestment.

Period	DBMF	SPHD
1 month	+1.69%	-0.07%
3 months	+0.62%	-2.66%
6 months	+13.99%	+6.40%
1 year	+28.85%	+9.51%
5 years(CAGR)	+8.14%	+5.75%
10 years(CAGR)	N/A	+7.31%
Max(CAGR)	+9.28%	+9.48%

Winner

DBMF

+1.69%

SPHD

-0.07%

Winner

DBMF

+0.62%

SPHD

-2.66%

Winner

DBMF

+13.99%

SPHD

+6.40%

Winner

DBMF

+28.85%

SPHD

+9.51%

5Y(CAGR)

Winner

DBMF

+8.14%

SPHD

+5.75%

10Y(CAGR)

DBMF

N/A

SPHD

+7.31%

Max(CAGR)

DBMF

+9.28%

Winner

SPHD

+9.48%

DBMF vs SPHD - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	DBMF	SPHD
2026	+9.45%	+4.53%
2025	+13.02%	+3.29%
2024	+7.00%	+16.18%
2023	-8.72%	+0.93%
2022	+20.44%	+0.31%
2021	+11.21%	+26.77%
2020	+0.47%	-8.99%
2019	+10.68%	+20.89%
2018	N/A	-6.32%
2017	N/A	+10.79%
2016	N/A	+23.47%
2015	N/A	+4.85%
2014	N/A	+21.27%
2013	N/A	+18.33%
2012	N/A	-1.73%

DBMF vs SPHD Drawdown Comparison

The maximum drawdown for DBMF was -20.44%, occurring on Mar 24, 2023. Recovery took 794 trading sessions.

The maximum drawdown for SPHD was -41.36%, occurring on Mar 23, 2020. Recovery took 285 trading sessions.

The current DBMF drawdown is -2.10%. The current SPHD drawdown is -4.78%.

Rank	DBMF	SPHD
#1	-20.44% Oct 20, 2022 - Dec 19, 2025	-41.36% Jan 17, 2020 - Mar 8, 2021
#2	-10.43% Feb 20, 2020 - Feb 8, 2021	-19.51% Apr 20, 2022 - May 15, 2024
#3	-7.38% Jun 13, 2022 - Sep 21, 2022	-13.30% Nov 29, 2024 - Jan 22, 2026
#4	-6.73% Sep 4, 2019 - Jan 16, 2020	-12.52% Sep 21, 2018 - Feb 5, 2019
#5	-6.18% Nov 16, 2021 - Feb 11, 2022	-11.05% Jan 26, 2018 - Aug 17, 2018
#6	-6.10% Feb 27, 2026 - Mar 23, 2026	-8.88% Aug 17, 2015 - Oct 22, 2015
#7	-5.50% Jun 15, 2021 - Nov 9, 2021	-8.32% Jun 11, 2021 - Dec 29, 2021
#8	-4.75% Sep 27, 2022 - Oct 19, 2022	-7.39% Jul 29, 2016 - Dec 7, 2016
#9	-4.03% Mar 17, 2021 - Apr 19, 2021	-7.33% Mar 2, 2026 - Mar 20, 2026
#10	-3.89% May 6, 2022 - Jun 8, 2022	-7.24% Apr 12, 2019 - Sep 10, 2019
#11	-3.71% Jan 29, 2026 - Feb 9, 2026	-6.98% May 21, 2013 - Oct 25, 2013
#12	-3.55% Mar 8, 2022 - Mar 21, 2022	-6.67% Dec 29, 2015 - Feb 17, 2016
#13	-3.36% Feb 24, 2021 - Mar 11, 2021	-5.84% Nov 1, 2012 - Jan 2, 2013
#14	-2.86% May 2, 2022 - May 6, 2022	-5.76% Jan 22, 2015 - Aug 14, 2015
#15	-2.74% Mar 23, 2022 - Apr 5, 2022	-5.04% Jan 14, 2022 - Mar 22, 2022

Correlation

Correlation between DBMF and SPHD is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2012 - 2026)

DBMF vs SPHD dividend yield comparison.

Year	DBMF	SPHD
2026	0.39%	1.67%
2025	5.91%	4.02%
2024	5.75%	3.41%
2023	2.91%	4.48%
2022	7.72%	3.89%
2021	10.38%	3.45%
2020	0.86%	4.89%
2019	9.35%	4.07%
2018	0.00%	4.40%
2017	0.00%	3.14%
2016	0.00%	3.83%
2015	0.00%	3.49%
2014	0.00%	3.24%
2013	0.00%	3.68%
2012	0.00%	0.93%