DBP vs BSMT

Comparison between Invesco DB Precious Metals Fund (DBP, ETF) and INVESCO BULLETSHARES 2029 MUNICIPAL BOND ETF (BSMT, ETF).

5-Year PerformanceDBP has outperformed BSMT, delivering a return of +16.2% compared to -0.3%

DBP vs BSMT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DBP(ETF)	BSMT(ETF)
Net Assets	$272M	$271M
Expense Ratio	0.75%	0.18%
Max Drawdown	53.89%	17.74%
Sharpe Ratio	0.92	0.56
5Y Beta	0.35	0.01
5Y Dividends CAGR	57.35%	9.71%

Net Assets

Winner

DBP

$272M

BSMT

$271M

Expense Ratio

DBP

0.75%

Winner

BSMT

0.18%

Max Drawdown

DBP

53.89%

Winner

BSMT

17.74%

Sharpe Ratio

Winner

DBP

0.92

BSMT

0.56

5Y Beta

DBP

0.35

Winner

BSMT

0.01

5Y Dividends CAGR

Winner

DBP

57.35%

BSMT

9.71%

DBP vs BSMT - Historical Returns

Returns include dividend reinvestment.

Period	DBP	BSMT
1 month	-13.67%	+0.20%
3 months	-17.78%	+0.15%
6 months	-0.72%	+1.15%
1 year	+31.90%	+4.61%
5 years(CAGR)	+16.16%	-0.28%
10 years(CAGR)	+11.22%	N/A
Max(CAGR)	+8.50%	+0.94%

DBP

-13.67%

Winner

BSMT

+0.20%

DBP

-17.78%

Winner

BSMT

+0.15%

DBP

-0.72%

Winner

BSMT

+1.15%

Winner

DBP

+31.90%

BSMT

+4.61%

5Y(CAGR)

Winner

DBP

+16.16%

BSMT

-0.28%

10Y(CAGR)

DBP

+11.22%

BSMT

N/A

Max(CAGR)

Winner

DBP

+8.50%

BSMT

+0.94%

DBP vs BSMT - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	DBP	BSMT
2026	-4.79%	+0.76%
2025	+71.26%	+3.62%
2024	+27.01%	+0.36%
2023	+8.18%	+5.16%
2022	+0.19%	-10.94%
2021	-9.34%	+1.42%
2020	+25.85%	+6.96%
2019	+15.98%	-0.35%
2018	-5.42%	N/A
2017	+9.23%	N/A
2016	+6.90%	N/A
2015	-12.35%	N/A
2014	-8.46%	N/A
2013	-31.95%	N/A
2012	+2.50%	N/A
2011	+4.52%	N/A
2010	+34.18%	N/A
2009	+27.05%	N/A
2008	-5.67%	N/A
2007	+31.47%	N/A

DBP vs BSMT Drawdown Comparison

The maximum drawdown for DBP was -53.89%, occurring on Dec 17, 2015. Recovery took 3293 trading sessions.

The maximum drawdown for BSMT was -16.19%, occurring on Oct 31, 2022. This drawdown has not yet recovered.

The current DBP drawdown is -27.52%. The current BSMT drawdown is -2.23%.

Rank	DBP	BSMT
#1	-53.89% Aug 22, 2011 - Sep 24, 2024	-16.19% Jul 19, 2021 - Oct 31, 2022
#2	-36.09% Mar 14, 2008 - Nov 4, 2009	-15.09% Feb 27, 2020 - Jul 23, 2020
#3	-30.03% Jan 28, 2026 - Jun 10, 2026	-3.42% Feb 11, 2021 - Jun 9, 2021
#4	-14.81% Dec 2, 2009 - May 11, 2010	-2.88% Aug 10, 2020 - Dec 8, 2020
#5	-12.19% Apr 29, 2011 - Aug 3, 2011	-2.14% Oct 9, 2019 - Jan 9, 2020
#6	-9.88% Oct 20, 2025 - Dec 10, 2025	-0.72% Jun 10, 2021 - Jul 6, 2021
#7	-9.24% Dec 31, 2010 - Feb 23, 2011	-0.53% Jan 6, 2021 - Jan 26, 2021
#8	-9.01% Feb 26, 2007 - Sep 17, 2007	-0.52% Sep 25, 2019 - Oct 9, 2019
#9	-8.47% Oct 29, 2024 - Jan 30, 2025	-0.47% Jan 31, 2020 - Feb 18, 2020
#10	-7.90% Jun 18, 2010 - Sep 7, 2010	-0.25% Jul 31, 2020 - Aug 4, 2020
#11	-6.97% Apr 2, 2025 - Apr 11, 2025	-0.15% Dec 28, 2020 - Dec 30, 2020
#12	-6.87% Dec 26, 2025 - Jan 12, 2026	-0.14% Jan 27, 2020 - Jan 31, 2020
#13	-6.74% Nov 8, 2007 - Jan 2, 2008	-0.13% Dec 21, 2020 - Dec 28, 2020
#14	-6.28% May 6, 2025 - Jun 12, 2025	-0.13% Aug 4, 2020 - Aug 10, 2020
#15	-6.00% May 12, 2010 - Jun 18, 2010	-0.10% Jul 28, 2020 - Jul 31, 2020

Correlation

Correlation between DBP and BSMT is 0.42 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.42

-101

Dividend Comparison (2007 - 2026)

DBP vs BSMT dividend yield comparison.

Year	DBP	BSMT
2026	0.00%	1.13%
2025	2.44%	2.78%
2024	4.21%	2.80%
2023	4.47%	2.62%
2022	0.45%	1.65%
2021	0.00%	1.31%
2020	0.00%	1.82%
2019	1.26%	0.48%
2018	1.24%	0.00%
2017	0.12%	0.00%
2008	0.91%	0.00%
2007	1.94%	0.00%