DBO vs VTI
Invesco DB Oil Fund vs Vanguard Morningstar Total Stock Market ETF
Which is better, DBO or VTI?
Energy against Large Cap Blend.
VTI has a lower expense ratio. DBO led over 1Y and 5Y, VTI over 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DBO | VTI |
|---|---|---|
| Expense Ratio | 0.75% | 0.03%Best |
| AUM | $268M | $666.9B |
| Dividend Yield | 1.95% | 1.03% |
| Holdings | 6 | 3,543 |
| YTD Return | +99.59%Best | +13.14% |
| 1Y Return | +83.48%Best | +16.63% |
| 3Y Return (annualized) | +14.13% | +22.30%Best |
| 5Y Return (annualized) | +14.57%Best | +12.01% |
| Volatility (annualized) | 30.6% | 15.9%Best |
| Max Drawdown | -90.2% | -56.6%Best |
| $10,000 over 5 years | $19,740Best | $17,631 |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Commodity | Equity |
| Style | Energy | Large Cap Blend |
| Inception | Jan 5, 2007 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 5, 2007 to Sep 23, 2026 (19.7 years).
DBO vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 19.7 years both funds cover.
DBO vs VTI Performance
Invesco DB Oil Fund (DBO) is an ETF from Invesco (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year DBO returned +83.48% while VTI returned +16.63%. Year to date, DBO is up 99.59% versus a gain of 13.14% for VTI.
Over three years, DBO compounded at +14.13% per year against +22.30% for VTI; over five years the annualized figures are +14.57% and +12.01% respectively. Across the full 20-year window we track, VTI has the edge at +9.39% annualized vs +0.83%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DBO has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 15.9% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -90.2% for DBO and -56.6% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DBO charges 0.75% per year while VTI charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, DBO currently yields 1.95% against 1.03% for VTI.
Holdings Overlap
We hold position weights for 2 holdings in DBO and 3,463 in VTI, totalling 108.3% and 98.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in DBO and 3,463 in VTI, against full books of 6 and 3,543.
You are not choosing between two funds in isolation.
Whichever of DBO and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DBO or VTI?
DBO has an expense ratio of 0.75% while VTI charges 0.03%. VTI is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, DBO or VTI?
Over the past year DBO returned +83.48% vs +16.63% for VTI, so DBO leads on 1-year performance. Over the longest common window we track (20 years), DBO annualized +0.83% vs +9.39% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBO or VTI?
DBO has been the more volatile fund at 30.6% annualized versus 15.9% for VTI. Worst drawdown: DBO -90.2% vs VTI -56.6%.
Should I hold both DBO and VTI?
DBO and VTI have a monthly-return correlation of 0.41, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DBO or VTI?
DBO yields 1.95% while VTI yields 1.03%, so DBO currently pays the higher dividend yield.
Is VTI better than DBO?
VTI has a lower expense ratio. DBO led over 1Y and 5Y, VTI over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.