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›ETF Providers›Invesco›DBO
DBO
US46140H4039
Passive ETFCommodity

DBO ETF · Invesco DB Oil Fund ETF

Established in 2007 and denominated in USD, the Invesco DB Oil Fund ETF is a commodity pool that issues shares and operates on an open-end management investment structure. This ETF structure is designed to track the performance, before fees and expenses, of the DBIQ Optimum Yield Crude Oil Index. The underlying index aims to reflect changes in market perception of the future prices of a particular commodity - in this case, light sweet crude oil (WTI). Instead of investing directly in oil, this instrument primarily utilizes futures contracts to emulate fluctuations in the oil market. Such method typically maximizes exposure range but simultaneously elevates risk factors due to market volatility in commodity trading. Moreover, potential investors should be aware that the fund does not purport to be a complete investment program and may not be suitable for all investors due to its speculative nature. It is essential for interested parties to fully gauge their financial situations, goals, return expectations, and risk tolerance before participation. With its unique attributes, it is imperative for potential users to scrutinize their individual investing needs and comprehension of fund mechanisms beforehand. The Invesco DB Oil Fund ETF can provide the necessary means for diverse portfolios aiming for specific components of market volatility and commodity price movement. Note: Investing always carries risk and it's possible to lose money when investing in securities. It's recommended to engage with a qualified professional or conduct comprehensive research prior to making an investment decision.

Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofEnergy1M perf.+40.09%
Last price
$19.42
1M perf.
+27.60%
1M flows
+€24M
AuM
€312M
E/R
0.75%
Rating
ESG Consensus®
esg grade icon
DBO
$19.42

Performance & flows

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January 2, 2026 → April 2, 2026
0020406080%FEBMARAPRFEBMARAPR
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DBO
$19.52
+60.34%
Energy
+69.52%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+27.60%
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+60.34%
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+40.10%
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+45.32%
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+111.15%
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-0.12%
-0.12%
+60.10%
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Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
Issuer
CUSIP
46140H403
ISIN
US46140H4039
AuM
€312M
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E/R
0.75%
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Replication rating
ESG Consensus®
esg grade icon
More details
NAV
4/2/2026
$19.52
1D NAV change
+2.12%
Dividend policy
C/D
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
N/A
Inception date
1/5/2007
Jurisdiction
United States
Distribution
United States
Legal structure
Limited Partnership
Base currency
USD
Classification
Product type
Benchmark
DBIQ Optimum Yield Crude Oil Index
Asset class
Factors
N/A
Investment strategy
The Invesco DB Oil Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Returnâ„¢ (DBIQ Opt Yield Crude Oil Index ER) plus the interest income from the Fund's holdings of primarily US Treasury securities and money market income less the Fund's expenses. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on light sweet crude oil (WTI). You cannot invest directly in the Index. The Fund and the Index are rebalanced and reconstituted annually in November.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

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Historical risk/return profile

3M1Y3Y5Y
Returns
+60.34%
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+40.10%
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+45.32%
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+111.15%
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Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Exposure

The DBO ETF provides physical exposure, so by buying it you actually own parts of all the underlying holdings. We're working to retrieve all detailed holding information.

To find out more about DBO's exposure, please refer to the as provided by Invesco.

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG
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Replication

Trackinsight replication rating:
Replication quality
Calculated over 12m, as of March 31, 2026
Tracking error
Tracking difference
Replication information
Index
DBIQ Optimum Yield Crude Oil Excess Return Index - USD
Index ticker
DBCMOCLE Index
Index dividend policy
GTR
Replication method
Replication model
More replication analysis are available, exclusively in Trackinsight Enterprise

Issuer

Invesco
Invesco ID Card
Number of funds
633
Total AuM
€835.01B
Expense ratio range
0.04% - 5.39%
Average expense ratio
0.3558%
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Frequently asked questions about DBO

What does Invesco DB Oil Fund ETF, DBO, invest in?

DBO is a Passive ETF. This ETF provides exposure to Crude Oil.

Which benchmark or index does DBO replicate?

DBO tracks the DBIQ Optimum Yield Crude Oil Excess Return Index - USD, through a full replication replication method.

What is the Total Expense ratio (TER) of DBO?

DBO carries a total expense ratio (TER) of 0.75%, indicating the annual cost for holding the fund.

When was DBO launched?

DBO was introduced to the market on January 5, 2007. It trades on United States

Who is the ETF issuer of DBO?

Invesco DB Oil Fund ETF, DBO, is provided by Invesco. Learn more about Invesco here.

What is the current assets under management (AUM) of DBO?

DBO oversees €312M in assets as of April 2, 2026.

How has DBO performed lately?

Based on data from April 2, 2026, DBO returned 27.60% over the past month, 60.34% over the last three months and 60.10% year-to-date.

What are the latest inflows or outflows for DBO?

As of April 2, 2026, DBO recorded net flows of +€23M over the last month and +€19M year-to-date.

What is the base currency of DBO?

The base currency of DBO is USD.

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