DBP vs SPRX

Comparison between Invesco DB Precious Metals Fund (DBP, ETF) and SPEAR ALPHA ETF (SPRX, ETF).

5-Year PerformanceDBP has outperformed SPRX, delivering a return of +18.5% compared to +16.0%

DBP vs SPRX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DBP(ETF)	SPRX(ETF)
Net Assets	$207M	$207M
Expense Ratio	0.75%	0.75%
Max Drawdown	53.89%	51.34%
Sharpe Ratio	0.94	0.69
5Y Beta	0.36	2.22
P/E Ratio	N/A	-321.53
Forward P/E	N/A	38.87
PEG Ratio	N/A	-0.11
5Y Dividends CAGR	57.35%	N/A
Debt to Equity	N/A	39.46%
P/S Ratio	N/A	13.99
P/B Ratio	N/A	11.44

Net Assets

Winner

DBP

$207M

SPRX

$207M

Expense Ratio

DBP

0.75%

SPRX

0.75%

Max Drawdown

DBP

53.89%

Winner

SPRX

51.34%

Sharpe Ratio

Winner

DBP

0.94

SPRX

0.69

5Y Beta

Winner

DBP

0.36

SPRX

2.22

P/E Ratio

DBP

N/A

SPRX

-321.53

Forward P/E

DBP

N/A

SPRX

38.87

PEG Ratio

DBP

N/A

SPRX

-0.11

5Y Dividends CAGR

DBP

57.35%

SPRX

N/A

Debt to Equity

DBP

N/A

SPRX

39.46%

P/S Ratio

DBP

N/A

SPRX

13.99

P/B Ratio

DBP

N/A

SPRX

11.44

DBP vs SPRX - Holdings Comparison

DBP and SPRX have 0 common holdings. Overlap is 0.00%

DBP's top 25 holdings weight is 47.25%. SPRX's top 25 holdings weight is 99.87%.

Rank	DBP	SPRX
#1	INVESCO SHRT-TRM INV GOV&AGCY INSTL (AGPXX) - 42.52%	ASTERA LABS INC (ALAB) - 10.34%
#2	INVESCO SHORT TERM TREASURY ETF (TBLL) - 4.73%	COHERENT CORP (COHR) - 7.95%
#3	N/A	CLOUDFLARE INC (NET) - 7.94%
#4	N/A	LAM RESEARCH CORP (LRCX) - 7.68%
#5	N/A	ARM HOLDINGS PLC ADR (ARM) - 7.35%
#6	N/A	LUMENTUM HOLDINGS INC (LITE) - 6.54%
#7	N/A	MKS INC (MKSI) - 5.75%
#8	N/A	KLA CORP (KLAC) - 5.48%
#9	N/A	SPACE EXPLORATION TECHNOLOGIES CORP CLASS A (SPCX) - 4.24%
#10	N/A	APPLIED DIGITAL CORP (APLD) - 3.64%
#11	N/A	TERADYNE INC (TER) - 3.59%
#12	N/A	NOKIA OYJ ADR (NOK) - 3.52%
#13	N/A	CREDO TECHNOLOGY GROUP HOLDING LTD (CRDO) - 3.51%
#14	N/A	TERAWULF INC (WULF) - 3.19%
#15	N/A	AST SPACEMOBILE INC ORDINARY SHARES CLASS A (ASTS) - 2.91%
#16	N/A	ROCKET LAB CORP (RKLB) - 2.83%
#17	N/A	MARVELL TECHNOLOGY INC (MRVL) - 2.70%
#18	N/A	VIAVI SOLUTIONS INC (VIAV) - 2.68%
#19	N/A	APPLIED OPTOELECTRONICS INC (AAOI) - 2.63%
#20	N/A	INTUITIVE MACHINES INC ORDINARY SHARES CLASS A (LUNR) - 2.13%
#21	N/A	ARISTA NETWORKS INC (ANET) - 1.29%
#22	N/A	CIENA CORP (CIEN) - 0.92%
#23	N/A	ADVANCED MICRO DEVICES INC (AMD) - 0.56%
#24	N/A	CROWDSTRIKE HOLDINGS INC CLASS A (CRWD) - 0.40%
#25	N/A	META PLATFORMS INC CLASS A (META) - 0.10%
Total Holdings	2	32

DBP vs SPRX - Historical Returns

Returns include dividend reinvestment.

Period	DBP	SPRX
1 month	+11.72%	+10.07%
3 months	-3.44%	-20.87%
6 months	-18.79%	+13.82%
1 year	+34.27%	+26.02%
5 years(CAGR)	+18.52%	+15.96%
10 years(CAGR)	+11.32%	N/A
Max(CAGR)	+8.63%	+17.06%

Winner

DBP

+11.72%

SPRX

+10.07%

Winner

DBP

-3.44%

SPRX

-20.87%

DBP

-18.79%

Winner

SPRX

+13.82%

Winner

DBP

+34.27%

SPRX

+26.02%

5Y(CAGR)

Winner

DBP

+18.52%

SPRX

+15.96%

10Y(CAGR)

DBP

+11.32%

SPRX

N/A

Max(CAGR)

DBP

+8.63%

Winner

SPRX

+17.06%

DBP vs SPRX - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	DBP	SPRX
2026	-0.85%	+9.92%
2025	+71.26%	+36.86%
2024	+27.01%	+26.07%
2023	+8.18%	+90.61%
2022	+0.19%	-44.77%
2021	-9.34%	+8.91%
2020	+25.85%	N/A
2019	+15.98%	N/A
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 SPRX Drawdown Comparison

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

The maximum drawdown for SPRX was -51.22%, occurring on Nov 9, 2022. Recovery took 557 trading sessions.

The current DBP drawdown is -24.52%. The current SPRX drawdown is -24.54%.

Rank	DBP	SPRX
#1	-53.89% Aug 22, 2011 - Sep 24, 2024	-51.22% Nov 8, 2021 - Jan 29, 2024
#2	-36.09% Mar 14, 2008 - Nov 4, 2009	-42.12% Jan 23, 2025 - Jul 9, 2025
#3	-33.30% Jan 28, 2026 - Jul 16, 2026	-35.87% Jun 2, 2026 - Jul 29, 2026
#4	-14.81% Dec 2, 2009 - May 11, 2010	-24.21% Oct 31, 2025 - Apr 17, 2026
#5	-12.19% Apr 29, 2011 - Aug 3, 2011	-23.70% Feb 14, 2024 - Nov 21, 2024
#6	-9.88% Oct 20, 2025 - Dec 10, 2025	-11.96% Jan 6, 2025 - Jan 22, 2025
#7	-9.24% Dec 31, 2010 - Feb 23, 2011	-10.10% Oct 9, 2025 - Oct 31, 2025
#8	-9.01% Feb 26, 2007 - Sep 17, 2007	-8.56% Sep 3, 2021 - Oct 28, 2021
#9	-8.47% Oct 29, 2024 - Jan 30, 2025	-7.98% Aug 12, 2025 - Sep 9, 2025
#10	-7.90% Jun 18, 2010 - Sep 7, 2010	-7.12% May 14, 2026 - May 21, 2026
#11	-6.97% Apr 2, 2025 - Apr 11, 2025	-6.81% Apr 22, 2026 - May 6, 2026
#12	-6.87% Dec 26, 2025 - Jan 12, 2026	-6.57% Dec 16, 2024 - Dec 26, 2024
#13	-6.74% Nov 8, 2007 - Jan 2, 2008	-5.55% Dec 4, 2024 - Dec 16, 2024
#14	-6.28% May 6, 2025 - Jun 12, 2025	-5.54% Dec 26, 2024 - Jan 3, 2025
#15	-6.00% May 12, 2010 - Jun 18, 2010	-4.63% Aug 12, 2021 - Aug 24, 2021