(DBO) Invesco DB Oil Fund - Ratings and Ratios

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US46140H4039

Oil Futures, WTI

Description: DBO Invesco DB Oil Fund October 29, 2025

The Invesco DB Oil Fund (NYSE ARCA: DBO) is a U.S.–registered exchange-traded fund that seeks to replicate the performance of a single-commodity index composed exclusively of Light Sweet Crude Oil (WTI) futures. The fund holds front-month and subsequent contract months, rolling positions as contracts near expiration, in order to track the index’s total return.

Key quantitative drivers to watch include the fund’s expense ratio (0.78% p.a.), its 30-day rolling yield (often negative in contango markets), and the open-interest in WTI futures, which has averaged about 1.2 million contracts over the past year. Macro-level influences are U.S. crude inventories (EIA weekly reports), OPEC+ production adjustments, and the USD-index, since oil is priced in dollars; a 1% rise in the USD typically depresses WTI prices by roughly 0.5% ceteris paribus. Recent volatility spikes (e.g., ± 30% YTD) suggest that roll-yield risk can dominate price-return in the near term.

If you’re looking to quantify how these factors translate into expected returns for DBO, a deeper dive on ValueRay’s analytics platform can help you model scenario-based outcomes and compare them against alternative energy-exposure vehicles.

DBO ETF Overview

Market Cap in USD 223m
Category Commodities Focused
TER 0.75%
IPO / Inception 2007-01-05

DBO ETF Ratings

Growth Rating -23.5%
Fundamental -
Dividend Rating 66.7%
Return 12m vs S&P 500 -22.4%
Analyst Rating -

DBO Dividends

Dividend Yield 12m 5.06%
Yield on Cost 5y 11.06%
Annual Growth 5y 158.84%
Payout Consistency 24.7%
Payout Ratio %

DBO Growth Ratios

Growth Correlation 3m -46.2%
Growth Correlation 12m -44.3%
Growth Correlation 5y 34.3%
CAGR 5y -6.57%
CAGR/Max DD 3y (Calmar Ratio) -0.23
CAGR/Mean DD 3y (Pain Ratio) -0.43
Sharpe Ratio 12m -0.14
Alpha -19.24
Beta 1.050
Volatility 28.67%
Current Volume 303.1k
Average Volume 20d 412k
Stop Loss 12.8 (-3.3%)
Signal -0.05

What is the price of DBO shares?

As of November 03, 2025, the stock is trading at USD 13.23 with a total of 303,062 shares traded.
Over the past week, the price has changed by -0.60%, over one month by +1.22%, over three months by -3.92% and over the past year by -6.03%.

Is Invesco DB Oil Fund a good stock to buy?

Neither. Based on ValueRay´s Analyses, Invesco DB Oil Fund is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -23.50 and therefor a technical neutral rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DBO is around 12.52 USD . This means that DBO is currently overvalued and has a potential downside of -5.37%.

Is DBO a buy, sell or hold?

Invesco DB Oil Fund has no consensus analysts rating.

What are the forecasts/targets for the DBO price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 14.1 6.8%

DBO Fundamental Data Overview October 27, 2025

Market Cap USD = 222.6m (222.6m USD * 1.0 USD.USD)
Beta = 1.05
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 222.6m USD (222.6m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 222.6m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 222.6m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.88% (E(222.6m)/V(222.6m) * Re(9.88%) + (debt-free company))
Discount Rate = 9.88% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for DBO ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle