Invesco DB Commodity Tracking (DBC): Rolling Returns

Data Source: from January 1871 to April 2024 (~153 years)
Consolidated Returns as of 30 April 2024

Holding the Invesco DB Commodity Tracking (DBC) ETF, how long should you stay invested to have high probability to obtain a positive return?

Considering all the available data source (~153 years), the longest period with a negative return lasted 1214 months (from February 1871 to March 1972).

This means that every rolling period of 1215 months or above has always granted a positive return.

To obtain comprehensive information, please consult the Invesco DB Commodity Tracking (DBC) ETF: Historical Returns page.

Previous vs subsequent Returns

Considering all 10-year rolling periods, is there a relationship between past and future returns, at a given date?

In the following chart, we show how past returns (x-axis) and subsequent returns (y-axis) are related.

Neighboring data is aggregated and occurrences are indicated. It is possible to zoom by clicking or drawing the desired area

INVESCO DB COMMODITY TRACKING (DBC) ETF
Previous vs Next Returns - 10 Years annualized
Updated to April 2024

The annualized return of the last 10 years has been -0.41% (updated at Apr 30, 2024).

Rolling Returns

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

INVESCO DB COMMODITY TRACKING (DBC) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 May 1994 - 30 April 2024 (30 Years)
Data Source: 1 January 1871 - 30 April 2024 (~153 years)
Inflation Adjusted:

Annualized Rolling Returns - 1 Year (12 months)

Swipe left to see all data
Median Best Worst Negative Periods
Annualized Rolling Return +1.32% +106.86%
Aug 1972 - Jul 1973
-48.67%
Jul 2008 - Jun 2009
44.34%
811 out of 1829
US Inflation Adjusted -0.16% +95.63%
Aug 1972 - Jul 1973
-48.03%
Jul 2008 - Jun 2009
50.90%
931 out of 1829
1 Year Annualized Rolling Returns
Timeframes ending in every month
1 Year Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 2 Years (24 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +0.39% +71.21%
Nov 1972 - Oct 1974
-30.15%
Mar 2014 - Feb 2016
46.40%
843 out of 1817
US Inflation Adjusted -0.28% +55.74%
Nov 1972 - Oct 1974
-30.41%
Mar 2014 - Feb 2016
52.01%
945 out of 1817
2 Years Annualized Rolling Returns
Timeframes ending in every month
2 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 3 Years (36 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +1.02% +58.15%
Nov 1971 - Oct 1974
-23.43%
Feb 2013 - Jan 2016
44.16%
797 out of 1805
US Inflation Adjusted -0.53% +46.93%
Nov 1971 - Oct 1974
-27.11%
Feb 1918 - Jan 1921
53.57%
967 out of 1805
3 Years Annualized Rolling Returns
Timeframes ending in every month
3 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 4 Years (48 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +0.80% +46.71%
Dec 1970 - Nov 1974
-18.79%
Mar 2012 - Feb 2016
41.16%
738 out of 1793
US Inflation Adjusted -0.85% +37.38%
Dec 1970 - Nov 1974
-26.55%
Feb 1917 - Jan 1921
56.00%
1004 out of 1793
4 Years Annualized Rolling Returns
Timeframes ending in every month
4 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 5 Years (60 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +0.56% +38.19%
Dec 1969 - Nov 1974
-15.57%
Mar 2011 - Feb 2016
40.48%
721 out of 1781
US Inflation Adjusted -0.63% +29.70%
Dec 1969 - Nov 1974
-23.16%
Feb 1916 - Jan 1921
54.91%
978 out of 1781
5 Years Annualized Rolling Returns
Timeframes ending in every month
5 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 6 Years (72 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +0.68% +30.58%
Dec 1968 - Nov 1974
-13.30%
May 2014 - Apr 2020
42.91%
759 out of 1769
US Inflation Adjusted -0.55% +22.67%
Dec 1968 - Nov 1974
-17.16%
Feb 1915 - Jan 1921
55.85%
988 out of 1769
6 Years Annualized Rolling Returns
Timeframes ending in every month
6 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 7 Years (84 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +0.69% +25.06%
Dec 1967 - Nov 1974
-12.41%
Aug 2008 - Jul 2015
40.24%
707 out of 1757
US Inflation Adjusted -0.36% +17.81%
Dec 1967 - Nov 1974
-13.75%
Mar 1916 - Feb 1923
54.35%
955 out of 1757
7 Years Annualized Rolling Returns
Timeframes ending in every month
7 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 8 Years (96 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +0.57% +22.92%
Oct 1971 - Sep 1979
-12.35%
Jul 2008 - Jun 2016
42.64%
744 out of 1745
US Inflation Adjusted -0.22% +15.94%
Oct 1982 - Sep 1990
-13.43%
Jul 2008 - Jun 2016
52.03%
908 out of 1745
8 Years Annualized Rolling Returns
Timeframes ending in every month
8 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 9 Years (108 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +0.53% +23.06%
Oct 1971 - Sep 1980
-11.65%
Jul 2008 - Jun 2017
42.30%
733 out of 1733
US Inflation Adjusted -0.30% +17.89%
Mar 1999 - Feb 2008
-12.78%
Jul 2008 - Jun 2017
53.03%
919 out of 1733
9 Years Annualized Rolling Returns
Timeframes ending in every month
9 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 10 Years (120 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +0.45% +21.88%
Nov 1970 - Oct 1980
-8.73%
Jul 2008 - Jun 2018
43.99%
757 out of 1721
US Inflation Adjusted -0.27% +14.79%
Jul 1998 - Jun 2008
-10.83%
May 1911 - Apr 1921
51.19%
881 out of 1721
10 Years Annualized Rolling Returns
Timeframes ending in every month
10 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 11 Years (132 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +0.33% +20.78%
Nov 1969 - Oct 1980
-8.83%
Jul 2008 - Jun 2019
41.37%
707 out of 1709
US Inflation Adjusted +0.08% +12.10%
Nov 1969 - Oct 1980
-10.15%
Jul 2008 - Jun 2019
49.91%
853 out of 1709
11 Years Annualized Rolling Returns
Timeframes ending in every month
11 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 12 Years (144 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +0.41% +18.73%
Nov 1968 - Oct 1980
-9.86%
Jul 2008 - Jun 2020
42.49%
721 out of 1697
US Inflation Adjusted +0.35% +11.08%
Mar 1999 - Feb 2011
-11.11%
Jul 2008 - Jun 2020
48.26%
819 out of 1697
12 Years Annualized Rolling Returns
Timeframes ending in every month
12 Years Annualized Rolling Returns
Annualized Rolling Return Distribution