Commodities

INVESCO SHARES DB COMMODITY INDEX TRACKING FUND

DBC_CFD.ETF

Daily

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Weekly

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Yearly

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DBC thoughtfully addresses the two thorniest problems in commodities: weighting and roll costs. The most market-like approach, production weighting, allocates heavily to consumables like oil at the expense of storables like gold. DBC threads the needle by capping energy’s economic dominance at 60%, yet allowing for a diversified portfolio. DBC aims to turn short-term contracts into a long-term investment carefully, by picking the cheapest of the tenors available for each of its contracts. This mitigates roll costs, but in cases where DBC selects long-term contracts, it can sacrifice responsiveness to short-term price movements. Expect a K-1 at tax time.

ETF name

DBC_CFD.ETF

Market

Commodities

Costs

0.07 %

Commodities

INVESCO SHARES DB COMMODITY INDEX TRACKING FUND

DBC_CFD.ETF

DBC thoughtfully addresses the two thorniest problems in commodities: weighting and roll costs. The most market-like approach, production weighting, allocates heavily to consumables like oil at the expense of storables like gold. DBC threads the needle by capping energy’s economic dominance at 60%, yet allowing for a diversified portfolio. DBC aims to turn short-term contracts into a long-term investment carefully, by picking the cheapest of the tenors available for each of its contracts. This mitigates roll costs, but in cases where DBC selects long-term contracts, it can sacrifice responsiveness to short-term price movements. Expect a K-1 at tax time.

Portfolio composition (TOP 10)

01.12.2021
Gold Futures
WTI Crude Oil Futures
Brent Crude Oil Futures
Corn Futures
Sugar Futures
Silver Futures
Zync futures
Heating Oil Futures
Natural Gas Futures
Gasoline Futures

Instrument specification in OANDA TMS Brokers

Name
DBC_CFD.ETF
Description
POWER SHARES DB COMMODITY INDEX TRACKING FUND
Type
ETF
Contract size / 1 lot
Price * 1 USD
Value of 1 pip
0.01
Minimal step
0.01
Short sale
NO
Distance SL and TP
0
Minimum order value
1
Maximum order value
991
Transaction Step
1
Trading Hours
monday-friday 15:35-22:00
Deposit required
20%
Financial leverage
5:1
Long swap (daily)
-0.02308%
Short Swap (daily)
0.00086%
3-day swap (date)
5
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