Invesco DB Agriculture Fund DBA
- Expense Ratio (TER) 0.85% · Fair — moderate costs
- AUM (Fund Size) 1.15B · Large — good liquidity & low tracking error
- Distribution Yield 3.42% · Strong income distribution
- Diversification 2 holdings · Top-10 = 45.7% — moderate concentration
- Long-Term Track Record 3Y avg +13.0%/yr · 5Y avg +11.4%/yr
- Annual Volatility 10.8% · Low
- Worst 1-Year Drawdown -8.7% · Resilient — contained loss periods
- Risk-Adjusted Return Sharpe 1.11 · Good — earns well per unit of risk
Auto-generated from fund data and price history. Not investment advice — verify with the fund issuer's factsheet before investing.
About This Fund
The fund invests in a portfolio of exchange-traded futures on the index Commodities (“Index Contracts”), which consist of Corn, Soybeans, Wheat, Kansas City Wheat, Sugar, Cocoa, Coffee, Cotton, Live Cattle, Feeder Cattle, and Lean Hogs. The index is composed of notional amounts of each Index Commodity. The sponsor of the index is Deutsche Bank Securities, Inc. (the “Index Sponsor” or “DBSI”).
Investment Strategy & Highlights
- Theme: Tracks Agriculture.
- Category: Commodities Focused · managed by Invesco.
- Diversification: 2 top holdings reported; the top 10 positions account for 45.7% of the portfolio.
- Largest position: Invesco Shrt-Trm Inv Gov&Agcy Instl (AGPXX) at 40.60%.
- Top sector: Healthcare at 16.8% of holdings.
- Geographic exposure: United States (45.7%) .
- Cost: Expense ratio of 0.85% — moderate for this category.
- Income: Distributes a yield of approximately 3.42%.
- Track record: 3Y avg +13.01% · 5Y avg +11.39% per year.
- Trading: Listed on PCX, denominated in USD.
Curated from issuer disclosures, fund factsheets, and public market data. Figures are illustrative and not investment advice.
Key Facts
Performance Returns
Total price return over each window. 3Y/5Y use weekly close history; shorter windows use daily closes.
Risk & Volatility
Volatility = stdev of daily returns × √252. Sharpe-like = annualized mean / annualized vol (rf = 0%). Educational estimates from 1-year price history.
Technical Trend
Signal: Bullish (price > SMA50 > SMA200)
Computed from daily close history. SMA-50 above SMA-200 is the classic “golden cross” trend regime. RSI > 70 overbought · RSI < 30 oversold.
PROS
- Low volatility (~11% annualized).
- Attractive risk-adjusted return (Sharpe~1.11).
CONS
- Overbought short-term (RSI 76).
* The pros and cons are auto-generated from fund metrics.
Price Chart
🔄 Similar Funds to Compare
This fund is in the Commodities Focused category. Compare with other funds in the same category on the Funds & ETFs page to find the best fit for your strategy.
- Compare expense ratios — lower TER saves money
- Check 1Y/3Y/5Y returns — consistency matters
- Review AUM — larger funds have better liquidity
- Look at holdings overlap — avoid duplication
Top Holdings (2)
| # | Symbol / CUSIP | Name | Weight % |
|---|---|---|---|
| 1 | AGPXX | Invesco Shrt-Trm Inv Gov&Agcy Instl | +40.60% |
| 2 | TBLL | Invesco Short Term Treasury ETF | +5.14% |
Top holdings as reported by the fund issuer; full list of constituents may not be available.
Sector Allocation
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