DBC vs SPEM
Invesco DB Commodity Index Tracking Fund vs SPDR Portfolio Emerging Markets ETF
- • SPEM has the lower expense ratio at 0.07% vs 0.85% for DBC.
- • DBC pays a higher dividend yield (2.80%).
Side-by-side metrics
| Metric | DBC | SPEM |
|---|---|---|
Expense ratio Annual fee. Lower is better. | 0.85% | 0.07% |
Dividend yield Trailing 12-month yield. | 2.80% | 2.53% |
AUM Assets under management — bigger funds are typically more liquid. | $1.58B | $17.31B |
YTD return | 24.33% | 10.66% |
1-year return | — | — |
3-year return Annualized. | — | — |
5-year return Annualized. | — | — |
10-year return Annualized. | — | — |
Beta (3Y) Volatility relative to the market. Closer to 1 = market-like. | 1.05 | 0.86 |
P/E ratio | 6.67 | 16.78 |
Last price | $27.58 | $51.69 |
Inception | — | — |
Issuer | Invesco | State Street |
DBC top holdings
| AGPXX | Invesco Shrt-Trm Inv Gov&Agcy Instl | 37.02% |
| BRNZ26 | Brent Crude Future Oct 26 | 7.56% |
| TBLL | Invesco Short Term Treasury ETF | 6.59% |
SPEM top holdings
| 2330.TW | Taiwan Semiconductor Manufacturing Co Ltd | 14.57% |
| 0700.HK | Tencent Holdings Ltd | 2.72% |
| 2454.TW | MediaTek Inc | 1.81% |
| 9988.HK | Alibaba Group Holding Ltd Ordinary Shares | 1.78% |
| 2308.TW | Delta Electronics Inc | 1.12% |
| 2317.TW | Hon Hai Precision Industry Co Ltd | 0.93% |
| HDFCBANK.NS | HDFC Bank Ltd | 0.83% |
| 3711.TW | ASE Technology Holding Co Ltd | 0.82% |
| 00939 | China Construction Bank Corp Class H | 0.81% |
| RIGD | Reliance Industries Ltd GDR - 144A | 0.80% |
About DBC
DBC (Invesco DB Commodity Index Tracking Fund) is Diversified commodity basket. Managed by Invesco, the fund carries $1.6B in assets under management, an expense ratio of 0.85%, a dividend yield of 2.80%. Its largest holding is Invesco Shrt-Trm Inv Gov&Agcy Instl (AGPXX), which represents 37.0% of the portfolio.
About SPEM
SPEM (SPDR Portfolio Emerging Markets ETF) is Low-cost emerging-market equity exposure. Managed by State Street, the fund carries $17.3B in assets under management, an expense ratio of 0.07%, a dividend yield of 2.53%. Its largest holding is Taiwan Semiconductor Manufacturing Co Ltd (2330.TW), which represents 14.6% of the portfolio. Real Estate is the fund's largest sector exposure at 1.8%.