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DBP
Invesco DB Precious Metals Fund
DBP
$75.27arrow_drop_up2.17%$1.60

Performance History

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About Invesco DB Precious Metals Fund (DBP)

Invesco DB Precious Metals Fund (DBP) is an exchange-traded fund (ETF) that provides investors with exposure to the precious metals market. The fund seeks to track the performance of the DBIQ Optimum Yield Precious Metals Index Excess Return, which is a rules-based index designed to reflect the performance of certain precious metals futures contracts. DBP's investment strategy involves holding a diversified portfolio of precious metals futures contracts, including gold and silver. This allows investors to gain exposure to the price movements of these metals without physically owning them.
The price history of DBP shows that the fund has experienced fluctuations in its value over time. The price of the ETF is influenced by various factors, including the demand for precious metals, global economic conditions, and investor sentiment. It is important for investors to note that DBP does not provide direct exposure to the spot price of precious metals, as it invests in futures contracts. Therefore, the performance of the ETF may not perfectly align with the movements in the underlying metals. Investors should carefully consider their investment goals and risk tolerance before investing in DBP.
Sector
Industry
CEO
Headquarters
Employees
0
Exchange
NYSE

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

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