SPRX vs DBP

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

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

SPRX vs DBP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

SPRX

$207M

Winner

DBP

$207M

Expense Ratio

SPRX

0.75%

DBP

0.75%

Max Drawdown

Winner

SPRX

51.34%

DBP

53.89%

Sharpe Ratio

SPRX

0.69

Winner

DBP

0.94

5Y Beta

SPRX

2.22

Winner

DBP

0.36

P/E Ratio

SPRX

-321.53

DBP

N/A

Forward P/E

SPRX

38.87

DBP

N/A

PEG Ratio

SPRX

-0.11

DBP

N/A

5Y Dividends CAGR

SPRX

N/A

DBP

57.35%

Debt to Equity

SPRX

39.46%

DBP

N/A

P/S Ratio

SPRX

13.99

DBP

N/A

P/B Ratio

SPRX

11.44

DBP

N/A

SPRX vs DBP - Holdings Comparison

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

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

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

SPRX vs DBP - Historical Returns

Returns include dividend reinvestment.

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

SPRX

+10.07%

Winner

DBP

+11.72%

SPRX

-20.87%

Winner

DBP

-3.44%

Winner

SPRX

+13.82%

DBP

-18.79%

SPRX

+26.02%

Winner

DBP

+34.27%

5Y(CAGR)

SPRX

+15.96%

Winner

DBP

+18.52%

10Y(CAGR)

SPRX

N/A

DBP

+11.32%

Max(CAGR)

Winner

SPRX

+17.06%

DBP

+8.63%

SPRX vs DBP - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SPRX	DBP
2026	+9.92%	-0.85%
2025	+36.86%	+71.26%
2024	+26.07%	+27.01%
2023	+90.61%	+8.18%
2022	-44.77%	+0.19%
2021	+8.91%	-9.34%
2020	N/A	+25.85%
2019	N/A	+15.98%
2018	N/A	-5.42%
2017	N/A	+9.23%
2016	N/A	+6.90%
2015	N/A	-12.35%
2014	N/A	-8.46%
2013	N/A	-31.95%
2012	N/A	+2.50%
2011	N/A	+4.52%
2010	N/A	+34.18%
2009	N/A	+27.05%
2008	N/A	-5.67%
2007	N/A	+31.47%

SPRX vs DBP Drawdown Comparison

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

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

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

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