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DBC

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    22.0684$
  • Previous Close
    21.9049$
  • 52 Week Change
    --
  • Day Range
    0.16$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

DBC.US represents the Invesco DB Commodity Index Tracking Fund. This exchange-traded fund (ETF) seeks to track the DBIQ Optimum Yield Diversified Commodity Index Excess Return, which is designed to measure the performance of a diversified basket of commodities such as energy, precious metals, industrial metals, and agricultural products. DBC aims to provide investors with exposure to the broad commodity market through futures contracts.
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Factors

Supply and Demand: High demand pushes prices up, while increased supply lowers them.

Underlying Commodity Prices: DBC tracks commodity futures. Price changes in crude oil, natural gas, etc. directly impact DBC.

Rolling Futures Contracts: DBC must roll expiring futures. The cost of rolling can impact returns, especially if there is contango or backwardation.

Interest Rates: Higher interest rates can negatively impact commodity prices, decreasing DBC's value.

Inflation: Commodities are often used as inflation hedges. High inflation might increase demand for commodities and DBC.

Geopolitical Events: Events like war, trade disputes, or political instability can disrupt commodity supply and thus, affect DBC.

Economic Growth: Strong economic growth usually increases demand for commodities, potentially driving DBC's price upward.

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