PowerShares DB Silver FundFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$29.74
- Net Assets:$22.2 Million
- Peer Rank:21 of 41
- Investment Rating:C
We rate PowerShares DB Silver Fund at C. Positive factors that influence this rating include a low price volatility and low expense structure. The fund may be considered for investors seeking a Sector - Precious Metals strategy.
POSITIVES AND RISKS
Total return ranks below peers over the last three years. The PowerShares DB Silver Fund has returned an annual rate of 2.32% since inception. More recently, the fund has generated a total return of -13.41% in the last five years, -0.40% in the last three years, and 25.31% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 8% of them. It has also outpaced 25% of its competitors on a three year basis and 88% of them over the last year for the period ending 6/30/2016. On a year to date basis, DBS has returned 42.84%.
Downside risk has been above average. DBS has a draw down risk of -44.80%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 27.8%. This fund has experienced excessive volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $29.74, which is 0.0% below its 52-week high of $29.74 and 18.5% above its 52-week low of $25.09.
High expense ratio hinders performance. As DBS is an exchange traded fund, it has no front end or back end load.
The PowerShares DB Silver Fund is managed by James T. Anderson at Invesco Powershares Capital Mgmt LL. This fund is one of 128 Invesco Powershares Capital Mgmt LL exchange-traded funds launched since 5/1/2003 that we track.