DTF vs DBE

Comparison between DTF Tax-Free Income 2028 Term Fund Inc (DTF, ETF) and Invesco DB Energy Fund (DBE, ETF).

5-Year PerformanceDBE has outperformed DTF, delivering a return of +19.4% compared to -1.4%

DTF vs DBE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DTF(ETF)	DBE(ETF)
Net Assets	$85M	$85M
Expense Ratio	N/A	0.75%
Max Drawdown	46.78%	87.40%
Sharpe Ratio	0.36	1.53
5Y Beta	0.05	-0.01
5Y Dividends CAGR	-2.53%	47.78%

Net Assets

DTF

$85M

Winner

DBE

$85M

Expense Ratio

DTF

N/A

DBE

0.75%

Max Drawdown

Winner

DTF

46.78%

DBE

87.40%

Sharpe Ratio

DTF

0.36

Winner

DBE

1.53

5Y Beta

DTF

0.05

Winner

DBE

-0.01

5Y Dividends CAGR

DTF

-2.53%

Winner

DBE

47.78%

DTF vs DBE - Historical Returns

Returns include dividend reinvestment.

Period	DTF	DBE
1 month	+0.50%	+21.94%
3 months	+1.43%	+6.22%
6 months	+2.15%	+74.32%
1 year	+6.03%	+76.18%
5 years(CAGR)	-1.39%	+19.43%
10 years(CAGR)	+0.37%	+12.94%
Max(CAGR)	+4.03%	+2.76%

DTF

+0.50%

Winner

DBE

+21.94%

DTF

+1.43%

Winner

DBE

+6.22%

DTF

+2.15%

Winner

DBE

+74.32%

DTF

+6.03%

Winner

DBE

+76.18%

5Y(CAGR)

DTF

-1.39%

Winner

DBE

+19.43%

10Y(CAGR)

DTF

+0.37%

Winner

DBE

+12.94%

Max(CAGR)

Winner

DTF

+4.03%

DBE

+2.76%

DTF vs DBE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DTF	DBE
2026	+2.67%	+88.49%
2025	+5.26%	-3.74%
2024	+7.67%	+3.51%
2023	+1.37%	-8.51%
2022	-21.00%	+31.61%
2021	+0.43%	+59.70%
2020	+2.72%	-25.91%
2019	+21.37%	+18.76%
2018	-7.50%	-13.10%
2017	+1.45%	+7.47%
2016	+1.26%	+23.88%
2015	+4.44%	-33.86%
2014	+15.52%	-38.72%
2013	-14.99%	+3.70%
2012	+9.74%	-2.78%
2011	+15.57%	+1.88%
2010	+7.00%	+0.56%
2009	+27.74%	+21.70%
2008	-11.40%	-43.81%
2007	-4.16%	+49.80%
2006	+9.24%	N/A
2005	-3.20%	N/A
2004	+4.10%	N/A
2003	+8.06%	N/A
2002	+15.28%	N/A
2001	+11.51%	N/A
2000	+6.24%	N/A
1999	-11.49%	N/A

DTF vs DBE Drawdown Comparison

The maximum drawdown for DTF was -37.46%, occurring on Oct 10, 2008. Recovery took 1015 trading sessions.

The maximum drawdown for DBE was -86.68%, occurring on Apr 27, 2020. This drawdown has not yet recovered.

The current DTF drawdown is -8.74%. The current DBE drawdown is -28.74%.

Rank	DTF	DBE
#1	-37.46% Jul 21, 2005 - Aug 3, 2009	-86.68% Jul 3, 2008 - Apr 27, 2020
#2	-25.72% Aug 27, 2021 - Nov 8, 2022	-9.40% Jan 2, 2008 - Feb 19, 2008
#3	-25.45% Nov 28, 2012 - Mar 31, 2016	-8.93% Jul 10, 2007 - Sep 17, 2007
#4	-21.21% Mar 9, 2020 - Nov 30, 2020	-8.30% May 21, 2008 - Jun 6, 2008
#5	-17.93% Jun 6, 2016 - Sep 26, 2019	-8.13% Jan 9, 2007 - Jan 30, 2007
#6	-16.23% Mar 17, 2004 - Jan 4, 2005	-7.04% Nov 23, 2007 - Dec 26, 2007
#7	-13.73% Sep 30, 2010 - Sep 13, 2011	-7.01% Mar 13, 2008 - Apr 7, 2008
#8	-13.25% Nov 1, 1999 - Jan 16, 2001	-6.00% Apr 23, 2008 - May 5, 2008
#9	-10.52% Jun 4, 2003 - Feb 11, 2004	-4.59% Nov 9, 2007 - Nov 20, 2007
#10	-8.54% Sep 11, 2002 - Jan 30, 2003	-4.26% Mar 7, 2007 - Mar 26, 2007
#11	-8.26% Feb 14, 2005 - Jun 30, 2005	-3.90% Apr 12, 2007 - Apr 27, 2007
#12	-6.50% Nov 14, 2001 - Mar 5, 2002	-3.88% Feb 9, 2007 - Feb 22, 2007
#13	-5.87% Mar 6, 2002 - May 1, 2002	-3.77% Apr 27, 2007 - May 17, 2007
#14	-5.45% Mar 1, 2012 - Apr 26, 2012	-3.30% Oct 29, 2007 - Nov 2, 2007
#15	-5.44% Nov 30, 2020 - May 7, 2021	-3.21% Sep 27, 2007 - Oct 11, 2007

Correlation

Correlation between DTF and DBE is -0.58 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.58

-101

Dividend Comparison (2000 - 2026)

DTF vs DBE dividend yield comparison.

Year	DTF	DBE
2026	1.98%	0.00%
2025	3.42%	3.86%
2024	3.48%	6.32%
2023	3.63%	3.87%
2022	3.57%	0.75%
2021	4.35%	0.00%
2020	3.22%	0.00%
2019	2.98%	1.79%
2018	5.48%	1.67%
2017	4.95%	0.00%
2016	6.53%	0.00%
2015	5.81%	0.00%
2014	5.46%	0.00%
2013	6.06%	0.00%
2012	5.03%	0.00%
2011	5.34%	0.00%
2010	5.72%	0.00%
2009	4.76%	0.00%
2008	5.02%	2.19%
2007	4.49%	2.55%
2006	5.15%	0.00%
2005	6.19%	0.00%
2004	6.36%	0.00%
2003	6.03%	0.00%
2002	5.58%	0.00%
2001	5.30%	0.00%
2000	2.36%	0.00%