DBP vs IVV
Invesco DB Precious Metals Fund vs iShares Core S&P 500 ETF
Which is better, DBP or IVV?
Precious Metals against Large Cap Blend.
IVV has a lower expense ratio. DBP led over 1Y, 3Y and 5Y, IVV over 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 | DBP | IVV |
|---|---|---|
| Expense Ratio | 0.73% | 0.03%Best |
| AUM | $231M | $876.4B |
| Dividend Yield | 2.45% | 1.06% |
| Holdings | 10 | 508 |
| YTD Return | -2.42% | +12.39%Best |
| 1Y Return | +24.64%Best | +16.61% |
| 3Y Return (annualized) | +29.84%Best | +21.38% |
| 5Y Return (annualized) | +18.21%Best | +13.51% |
| Volatility (annualized) | 19.6% | 15.5%Best |
| Max Drawdown | -53.9%Best | -56.5% |
| $10,000 over 5 years | $23,082Best | $18,844 |
| Fund Family | Invesco (US) | iShares by BlackRock (US) |
| Category | Commodity | Equity |
| Style | Precious Metals | Large Cap Blend |
| Inception | Jan 5, 2007 | May 15, 2000 |
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 18, 2026 (19.7 years).
DBP vs IVV 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.
DBP vs IVV Performance
Invesco DB Precious Metals Fund (DBP) is an ETF from Invesco (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DBP returned +24.64% while IVV returned +16.61%. Year to date, DBP is down 2.42% versus a gain of 12.39% for IVV.
Over three years, DBP compounded at +29.84% per year against +21.38% for IVV; over five years the annualized figures are +18.21% and +13.51% respectively. Across the full 20-year window we track, IVV has the edge at +9.41% annualized vs +8.29%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DBP has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 15.5% for IVV. 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 -53.9% for DBP and -56.5% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.15. They move largely independently of each other.
Fees and Cost Over Time
DBP charges 0.73% per year while IVV charges 0.03%. On a $10,000 position that is $73 vs $3 annually, a gap of $70 per year that compounds over a long holding period. On income, DBP currently yields 2.45% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 2 holdings in DBP and 490 in IVV, totalling 99.0% and 99.3% 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 DBP and 490 in IVV, against full books of 10 and 508.
You are not choosing between two funds in isolation.
Whichever of DBP and IVV 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, DBP or IVV?
DBP has an expense ratio of 0.73% while IVV charges 0.03%. IVV is the cheaper option, by $70 a year on a $10,000 investment.
Which performed better, DBP or IVV?
Over the past year DBP returned +24.64% vs +16.61% for IVV, so DBP leads on 1-year performance. Over the longest common window we track (20 years), DBP annualized +8.29% vs +9.41% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBP or IVV?
DBP has been the more volatile fund at 19.6% annualized versus 15.5% for IVV. Worst drawdown: DBP -53.9% vs IVV -56.5%.
Should I hold both DBP and IVV?
DBP and IVV have a monthly-return correlation of 0.15, 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, DBP or IVV?
DBP yields 2.45% while IVV yields 1.06%, so DBP currently pays the higher dividend yield.
Is IVV better than DBP?
IVV has a lower expense ratio. DBP led over 1Y, 3Y and 5Y, IVV over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.