Invesco DB Energy Fund

10-Year Study

DBE.US · · US · ETF

Executive Summary: Invesco DB Energy Fund has compounded at 11.1% annually over the last 10 years, with a maximum drawdown of 56.6% and an annualized volatility of 25.3%.

1Y CAGR
+83.8%
3Y CAGR
+22.0%
5Y CAGR
+18.6%
10Y CAGR
+11.1%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
56.6%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.45
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.70
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
28.3%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2026 · +66.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · -25.9%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202616.21.143.6-1.1————————66.9%
20252.9-0.33.0-13.42.17.56.4-4.10.10.6-0.5-4.7-2.1%
20244.1-0.44.2-0.0-3.03.9-2.5-5.0-3.93.1-0.94.03.0%
2023-2.8-3.1-3.7-1.4-7.55.612.81.63.2-4.2-5.8-5.7-12.1%
202214.15.612.210.09.3-5.7-2.3-1.9-9.88.7-1.8-5.433.8%
20216.014.7-0.96.75.06.62.6-2.99.17.7-14.59.557.6%
2020-13.9-10.2-28.1-6.314.86.13.85.4-5.8-8.117.15.4-25.9%
201910.46.60.34.5-12.35.30.4-7.31.51.81.77.519.7%
20184.6-5.26.05.44.11.9-3.03.55.7-8.9-17.6-7.0-13.0%
2017-4.9-0.9-3.3-3.3-2.1-2.75.8-0.14.66.92.53.45.2%
2016———12.84.12.5-10.74.95.1-1.14.38.332.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 25.3%. The dominant macroeconomic risk driver is USO.US, accounting for 82.0% of variance. Idiosyncratic stock-specific factors contribute 7.1%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0111283.51391056836
2016-05-0111743.297217886327
2016-06-0112040.21669268203
2016-07-0110747.061794141951
2016-08-0111273.98769626297
2016-09-0111848.659443577266
2016-10-0111714.4890276375
2016-11-0112212.606739509685
2016-12-0113228.009365531172
2017-01-0112586.19502341383
2017-02-0112471.306583417501
2017-03-0112059.38389495914
2017-04-0111666.628408777891
2017-05-0111427.210540813518
2017-06-0111120.650078046092
2017-07-0111762.464420163438
2017-08-0111752.823432191719
2017-09-0112289.275548618127
2017-10-0113132.173354145627
2017-11-0113457.786245523828
2017-12-0113917.569552841795
2018-01-0114559.38389495914
2018-02-0113802.68111284547
2018-03-0114626.41171609586
2018-04-0115421.448902763752
2018-05-0116053.622256909375
2018-06-0116360.182719676799
2018-07-0115862.06500780461
2018-08-0116422.39004682766
2018-09-0117364.452300064273
2018-10-0115814.204388945001
2018-11-0113026.811128454687
2018-12-0112114.934349462861
2019-01-0113371.13212744468
2019-02-0114257.41437884492
2019-03-0114306.07841336884
2019-04-0114947.433660820863
2019-05-0113108.185657882656
2019-06-0113799.696997520889
2019-07-0113848.361032044806
2019-08-0112833.761821687633
2019-09-0113029.450922780277
2019-10-0113264.048296758792
2019-11-0113488.086493434945
2019-12-0114504.407308787073
2020-01-0112481.98053438619
2020-02-0111203.057570471032
2020-03-018050.3397300523375
2020-04-017544.64695620237
2020-05-018664.952713249471
2020-06-019190.3865577082
2020-07-019537.46212469011
2020-08-0110053.025433844461
2020-09-019468.024056560464
2020-10-018704.664401799651
2020-11-0110191.786796437425
2020-12-0110746.947020475624
2021-01-0111387.498852263336
2021-02-0113066.867138003858
2021-03-0112947.961619685979
2021-04-0113810.48572215591
2021-05-0114494.536773482694
2021-06-0115456.225323661738
2021-07-0115853.801303828852
2021-08-0115386.78725553209
2021-09-0116794.486273069506
2021-10-0118083.394545955376
2021-11-0115466.09585896612
2021-12-0116933.362409328805
2022-01-0119312.850059682303
2022-02-0120393.44412817923
2022-03-0122881.8519878799
2022-04-0125172.045725828666
2022-05-0127511.821687631993
2022-06-0125945.390689560187
2022-07-0125350.518776971814
2022-08-0124874.667156367646
2022-09-0122435.7267468552
2022-10-0124382.173354145627
2022-11-0123932.834450463684
2022-12-0122651.61601322193
2023-01-0122012.09714443118
2023-02-0121322.65173078689
2023-03-0120527.72931778533
2023-04-0120243.549719952254
2023-05-0118724.7497934074
2023-06-0119780.208428978058
2023-07-0122311.885960885134
2023-08-0122659.5353961987
2023-09-0123390.98797171977
2023-10-0122411.739050592234
2023-11-0121102.860159764947
2023-12-0119901.065099623545
2024-01-0120709.989899917364
2024-02-0120618.40051418603
2024-03-0121488.040583968417
2024-04-0121487.811036635754
2024-05-0120834.40455421908
2024-06-0121646.083922504822
2024-07-0121104.122670094574
2024-08-0120056.468643834356
2024-09-0119277.95886511799
2024-10-0119867.436415388853
2024-11-0119695.620236892846
2024-12-0120490.083555229085
2025-01-0121084.266825819483
2025-02-0121020.337893673674
2025-03-0121649.871453493713
2025-04-0118754.935267652192
2025-05-0119149.41235882839
2025-06-0120578.459278303188
2025-07-0121889.633642457076
2025-08-0120998.18657607199
2025-09-0121009.090074373336
2025-10-0121136.603617665965
2025-11-0121035.602791295565
2025-12-0120050.95950785052
2026-01-0123299.05426498944
2026-02-0123551.556330915435
2026-03-0133823.79946745019
2026-04-0133468.0011018272
Annual Return Matrix
YearAnnual Return
20170.052128794912063015
2018-0.12952227014456408
20190.19723366965089273
2020-0.2590564514852739
20210.5756439830834295
20220.33769156211662166
2023-0.12142846285196007
20240.029597333241057733
2025-0.021431052059644018
20260.6691471093302805
Total Factor Risk
0.25316398286503733
VTI.US Exposure
0.06638627625248879
VEA.US Exposure
0.06595644371205053
VWO.US Exposure
-0.015082267982437935
QQQ.US Exposure
-0.033608811704049654
VTV.US Exposure
0.0059597975197106514
IJR.US Exposure
0.00022539617727193294
QUAL.US Exposure
-0.005070474911344172
SHV.US Exposure
0.0012287583706072738
TLT.US Exposure
0.011654268223091289
LQD.US Exposure
-0.003757853256544456
HYG.US Exposure
0.004557157759245058
GLD.US Exposure
0.018406331241520454
USO.US Exposure
0.8203460284977502
VNQ.US Exposure
0.0017395337274518168
BTC-USD.CC Exposure
0.00017751232460107963
CPER.US Exposure
-0.00003760671072308501
VIX.INDX Exposure
0.00041781951924635386
UUP.US Exposure
-0.009342873380218771
TIP.US Exposure
-0.0012285466956932832
Idiosyncratic Exposure
0.07107311131597596
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
39.5
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
25.3%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →3.29%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+15.7%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+45.9%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
4.8% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.18
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Invesco DB Energy Fund a high-risk investment?

Invesco DB Energy Fund (DBE.US) has an annualized volatility of 25.3% and experienced a maximum drawdown of 56.6% over the last 10 years. Its primary macro risk driver is USO.US.

What is the 10-year return of DBE.US?

Over the past 10 years, DBE.US has generated a Compound Annual Growth Rate (CAGR) of 11.1%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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