Invesco DB Energy Fund
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$19.88
- Net Assets:$0 Million
- NAV:$20.11
- Premium-1.14%
- Peer Rank:49 of 95
- Investment Rating:C+
- Performance:C+
- RiskC+
We rate Invesco DB Energy Fund at C+. Positive factors that influence this rating include a well above average total return, low price volatility and low expense structure. The fund may be considered for investors seeking a Sector - Energy/Natural Res strategy.
Total return ranks very high in comparison with peers over the last three years. The Invesco DB Energy Fund has returned an annual rate of -0.59% since inception. More recently, the fund has generated a total return of 7.92% in the last five years, 14.59% in the last three years, and -6.39% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 62% of them. It has also outpaced 94% of its competitors on a three year basis and 8% of them over the last year for the period ending 2/29/2024. On a year to date basis, DBE has returned 4.53%.
Downside risk has been below average. DBE has a draw down risk of -32.47%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 24.4%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As DBE is an exchange traded fund, it has no front end or back end load.
The Invesco DB Energy Fund is managed by Peter Hubbard at Invesco Capital Management LLC. This fund is one of 201 Invesco Capital Management LLC exchange-traded funds launched since 3/10/1999 that we track.