DBB icon

Invesco DB Base Metals Fund

19.76 USD
+0.11
0.56%
At close Aug 26, 4:00 PM EDT
1 day
0.56%
5 days
1.70%
1 month
1.07%
3 months
5.72%
6 months
3.08%
Year to date
5.78%
1 year
-1.30%
5 years
28.73%
10 years
57.95%
0
Funds holding %
of 7,433 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

62% more call options, than puts

Call options by funds: $650K | Put options by funds: $401K

1.35% more ownership

Funds ownership: 32.57% [Q1] → 33.91% (+1.35%) [Q2]

0% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 9

0% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 12

4% less capital invested

Capital invested by funds: $40.2M [Q1] → $38.7M (-$1.42M) [Q2]

2% less funds holding

Funds holding: 54 [Q1] → 53 (-1) [Q2]

Research analyst outlook

We haven’t received any recent analyst ratings for DBB.

Financial journalist opinion

Negative
Seeking Alpha
1 week ago
Volatile Nonferrous Metals And The DBB ETF
Copper's extreme volatility in 2025 was driven by U.S. tariff policy, causing wild price swings on COMEX versus steadier LME forwards. Invesco DB Base Metals Fund ETF, with equal exposure to copper, aluminum, and zinc, benefits from strong supply-demand fundamentals and declining LME inventories. Base metals prices are closely tied to Chinese economic growth, making DBB a strategic proxy for exposure to China's industrial demand.
Volatile Nonferrous Metals And The DBB ETF
Neutral
ETF Trends
2 weeks ago
2 ETFs to Capture Upside in Precious & Industrial Metals
The 24-hour news cycle reminds investors that tariffs still remain a factor. As such, for those looking to get commodities exposure as a portfolio diversifier will want to make sure they allocate strategically.
2 ETFs to Capture Upside in Precious & Industrial Metals
Positive
Seeking Alpha
3 months ago
DBB Corrects: The Case For The Copper, Aluminum, And Zinc ETF Product
Base metals experienced significant price swings in April 2025, with copper leading the volatility but recovering from lows, presenting a buying opportunity. The Invesco DB Base Metals Fund tracks aluminum, copper, and zinc, offering diversified exposure. It fell 7.63% from March 20 to May 6. Tariffs caused price distortions, but resolving trade issues, Chinese economic stimulus, and technological advances support a bullish outlook for base metals.
DBB Corrects: The Case For The Copper, Aluminum, And Zinc ETF Product
Negative
Seeking Alpha
5 months ago
DBB: Not The Right ETF For This Market
Invesco's DB Base Metals ETF is designed to provide exposure to copper, aluminum, and zinc. Tariffs have led to substantial differentials forming between Comex and LME prices but, unfortunately, DBB's metal sits on the wrong side of the Atlantic. The metals are very different, they are mined in different places, employed in different products, and subject to different market dynamics; so why put them in the same fund.
DBB: Not The Right ETF For This Market
Negative
Seeking Alpha
5 months ago
Exposure To Base Metals With The DBB ETF Product
Base metals are crucial for infrastructure and green energy, with aluminum, zinc, and copper being the most liquid and significant on the LME. Invesco DB Base Metals Fund ETF offers exposure to aluminum, zinc, and copper, making it a strategic investment as base metals demand rises. Declining interest rates and a weaker U.S. dollar are bullish for base metals, while tariffs and geopolitical issues like the Ukraine war add uncertainty.
Exposure To Base Metals With The DBB ETF Product
Positive
Seeking Alpha
8 months ago
Buying DBB As Base Metals Correct
The Invesco DB Base Metals Fund ETF, holding copper, aluminum, and zinc, is critical for infrastructure and technology, and is recommended for buying at current levels with room to add. Base metals prices have declined post-election due to a stronger dollar and higher U.S. interest rates, impacting the DBB ETF's performance. China's economic recovery in 2025 could boost demand for base metals, positively influencing the DBB ETF.
Buying DBB As Base Metals Correct
Positive
ETF Trends
9 months ago
3 Commodity ETFs to Pair With PDBC
The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) provides broad-basket commodity exposure. While the fund can stand alone, it can also be used alongside other commodity ETFs.
3 Commodity ETFs to Pair With PDBC
Positive
Zacks Investment Research
11 months ago
Why Commodity ETFs Are Smart Investments in Today's Market
With uncertainties still present and the potential of an overreaction by the market, investing in commodity ETFs with exposure to metals like gold, copper, silver and uranium is a smart strategy to reduce portfolio volatility.
Why Commodity ETFs Are Smart Investments in Today's Market
Negative
Seeking Alpha
11 months ago
DBB: Base Metals Slammed To Start September, Weighing Macro Risks
I have a hold rating on DBB due to mixed macro risks and a neutral technical chart outlook. A weaker dollar and lower interest rates could favor commodities, but global growth concerns and weak data from China are significant headwinds. DBB's holdings in zinc, copper, and aluminum, along with Treasury positions, provide some diversification for equity investors, but liquidity and tracking risks remain.
DBB: Base Metals Slammed To Start September, Weighing Macro Risks
Positive
Seeking Alpha
1 year ago
DBB: Right Time, And Right Theme If China Comes Back
Bullish on commodities due to potential economic recovery in China. Invesco DB Base Metals Fund ETF offers exposure to industrial metals through futures contracts. The DBB ETF provides diversification and equal weighting of copper, zinc, and aluminum, mitigating risks and capturing upside potential in the base metals sector.
Charts implemented using Lightweight Charts™