DBP vs SPXT

Comparison between Invesco DB Precious Metals Fund (DBP, ETF) and PROSHARES S&P 500 EX-TECHNOLOGY ETF (SPXT, ETF).

5-Year PerformanceDBP has outperformed SPXT, delivering a return of +16.5% compared to +9.4%

DBP vs SPXT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DBP(ETF)	SPXT(ETF)
Net Assets	$277M	$277M
Expense Ratio	0.75%	0.09%
Max Drawdown	53.89%	34.38%
Sharpe Ratio	1.01	1.15
5Y Beta	0.33	0.76
P/E Ratio	N/A	25.50
Forward P/E	N/A	20.20
5Y Dividends CAGR	57.35%	7.63%
5Y EPS CAGR	N/A	17.20%
Debt to Equity	N/A	39.46%
P/S Ratio	N/A	2.52
P/B Ratio	N/A	4.11

Net Assets

Winner

DBP

$277M

SPXT

$277M

Expense Ratio

DBP

0.75%

Winner

SPXT

0.09%

Max Drawdown

DBP

53.89%

Winner

SPXT

34.38%

Sharpe Ratio

DBP

1.01

Winner

SPXT

1.15

5Y Beta

Winner

DBP

0.33

SPXT

0.76

P/E Ratio

DBP

N/A

SPXT

25.50

Forward P/E

DBP

N/A

SPXT

20.20

5Y Dividends CAGR

Winner

DBP

57.35%

SPXT

7.63%

5Y EPS CAGR

DBP

N/A

SPXT

17.20%

Debt to Equity

DBP

N/A

SPXT

39.46%

P/S Ratio

DBP

N/A

SPXT

2.52

P/B Ratio

DBP

N/A

SPXT

4.11

DBP vs SPXT - Holdings Comparison

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

DBP's top 25 holdings weight is 46.81%. SPXT's top 25 holdings weight is 44.02%.

Rank	DBP	SPXT
#1	INVESCO SHRT-TRM INV GOV&AGCY INSTL (AGPXX) - 42.63%	AMAZON.COM INC (AMZN) - 6.46%
#2	INVESCO SHORT TERM TREASURY ETF (TBLL) - 4.18%	ALPHABET INC CLASS A (GOOGL) - 5.64%
#3	N/A	ALPHABET INC CLASS C (GOOG) - 4.48%
#4	N/A	META PLATFORMS INC CLASS A (META) - 3.34%
#5	N/A	TESLA INC (TSLA) - 3.04%
#6	N/A	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 2.21%
#7	N/A	ELI LILLY AND CO (LLY) - 2.10%
#8	N/A	JPMORGAN CHASE & CO (JPM) - 2.06%
#9	N/A	EXXON MOBIL CORP (XOM) - 1.56%
#10	N/A	JOHNSON & JOHNSON (JNJ) - 1.38%
#11	N/A	VISA INC CLASS A (V) - 1.37%
#12	N/A	WALMART INC (WMT) - 1.29%
#13	N/A	COSTCO WHOLESALE CORP (COST) - 1.11%
#14	N/A	CATERPILLAR INC (CAT) - 1.05%
#15	N/A	MASTERCARD INC CLASS A (MA) - 1.00%
#16	N/A	ABBVIE INC (ABBV) - 0.94%
#17	N/A	NETFLIX INC (NFLX) - 0.92%
#18	N/A	BANK OF AMERICA CORP (BAC) - 0.86%
#19	N/A	CHEVRON CORP (CVX) - 0.86%
#20	N/A	UNITEDHEALTH GROUP INC (UNH) - 0.85%
#21	N/A	VERTIV HOLDINGS CO CLASS A (VRT) - 0.31%
#22	N/A	NEWMONT CORP (NEM) - 0.30%
#23	N/A	ALTRIA GROUP INC (MO) - 0.30%
#24	N/A	LOWE'S COMPANIES INC (LOW) - 0.30%
#25	N/A	STARBUCKS CORP (SBUX) - 0.29%
Total Holdings	2	384

DBP vs SPXT - Historical Returns

Returns include dividend reinvestment.

Period	DBP	SPXT
1 month	-5.76%	-0.58%
3 months	-15.34%	+1.80%
6 months	+4.61%	+4.47%
1 year	+36.32%	+17.07%
5 years(CAGR)	+16.51%	+9.38%
10 years(CAGR)	+11.86%	+11.46%
Max(CAGR)	+8.63%	+11.65%

DBP

-5.76%

Winner

SPXT

-0.58%

DBP

-15.34%

Winner

SPXT

+1.80%

Winner

DBP

+4.61%

SPXT

+4.47%

Winner

DBP

+36.32%

SPXT

+17.07%

5Y(CAGR)

Winner

DBP

+16.51%

SPXT

+9.38%

10Y(CAGR)

Winner

DBP

+11.86%

SPXT

+11.46%

Max(CAGR)

DBP

+8.63%

Winner

SPXT

+11.65%

DBP vs SPXT - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	DBP	SPXT
2026	-2.69%	+3.53%
2025	+71.26%	+15.31%
2024	+27.01%	+19.71%
2023	+8.18%	+16.43%
2022	+0.19%	-14.39%
2021	-9.34%	+28.06%
2020	+25.85%	+9.82%
2019	+15.98%	+26.20%
2018	-5.42%	-7.09%
2017	+9.23%	+17.70%
2016	+6.90%	+14.03%
2015	-12.35%	+6.52%
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 SPXT Drawdown Comparison

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

The maximum drawdown for SPXT was -34.38%, occurring on Mar 23, 2020. Recovery took 137 trading sessions.

The current DBP drawdown is -25.92%. The current SPXT drawdown is -1.53%.

Rank	DBP	SPXT
#1	-53.89% Aug 22, 2011 - Sep 24, 2024	-34.38% Feb 19, 2020 - Sep 2, 2020
#2	-36.09% Mar 14, 2008 - Nov 4, 2009	-21.46% Jan 4, 2022 - Jan 26, 2024
#3	-25.92% Jan 28, 2026 - Jun 5, 2026	-18.68% Sep 24, 2018 - Jun 20, 2019
#4	-14.81% Dec 2, 2009 - May 11, 2010	-15.58% Jan 30, 2025 - Jul 3, 2025
#5	-12.19% Apr 29, 2011 - Aug 3, 2011	-10.46% Dec 22, 2015 - Apr 19, 2016
#6	-9.88% Oct 20, 2025 - Dec 10, 2025	-8.89% Jan 23, 2018 - Aug 24, 2018
#7	-9.24% Dec 31, 2010 - Feb 23, 2011	-8.22% Sep 2, 2020 - Nov 9, 2020
#8	-9.01% Feb 26, 2007 - Sep 17, 2007	-7.90% Feb 27, 2026 - Apr 17, 2026
#9	-8.47% Oct 29, 2024 - Jan 30, 2025	-5.80% Jul 26, 2019 - Sep 13, 2019
#10	-7.90% Jun 18, 2010 - Sep 7, 2010	-5.56% Jul 16, 2024 - Aug 19, 2024
#11	-6.97% Apr 2, 2025 - Apr 11, 2025	-4.96% Nov 5, 2021 - Dec 27, 2021
#12	-6.87% Dec 26, 2025 - Jan 12, 2026	-4.52% Sep 2, 2021 - Oct 20, 2021
#13	-6.74% Nov 8, 2007 - Jan 2, 2008	-4.50% Nov 29, 2024 - Jan 23, 2025
#14	-6.28% May 6, 2025 - Jun 12, 2025	-4.28% Mar 28, 2024 - May 15, 2024
#15	-6.00% May 12, 2010 - Jun 18, 2010	-4.11% Sep 13, 2019 - Oct 23, 2019

Correlation

Correlation between DBP and SPXT is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2007 - 2026)

DBP vs SPXT dividend yield comparison.

Year	DBP	SPXT
2026	0.00%	0.34%
2025	2.44%	1.38%
2024	4.21%	1.29%
2023	4.47%	1.53%
2022	0.45%	1.86%
2021	0.00%	1.15%
2020	0.00%	1.63%
2019	1.26%	1.63%
2018	1.24%	2.03%
2017	0.12%	1.55%
2016	0.00%	2.67%
2015	0.00%	0.56%
2008	0.91%	0.00%
2007	1.94%	0.00%