Invesco DB Oil Fund (DBO) ETF Holdings & Analysis

What DBO does

The Invesco DB Oil Fund (DBO) endeavors to replicate the performance, whether positive or negative, of the DBIQ Optimum Yield Crude Oil Index Excess Return (the Index). Its total return also incorporates net interest income generated from the Fund's primary investments in US Treasury securities and money market instruments, after accounting for its expenses. This Fund provides investors with an efficient and convenient vehicle to gain exposure to commodity futures. The underlying Index is a rules-based benchmark constructed from futures contracts tied to light sweet crude oil (West Texas Intermediate or WTI). It's important to note that direct investment in the Index itself is not possible. Both the Fund and its benchmark undergo annual adjustments and rebalancing every November. Prospective investors should be aware that this Fund is not appropriate for everyone. Its investment strategy is speculative, operating within highly volatile markets. The inherent volatility of futures contracts means that rapid fluctuations in the market prices of the underlying contracts could lead to substantial financial losses. For a complete understanding of these and other potential risks, please consult the "Risk and Other Information" section and the Fund's official Prospectus. Further tax-related compliance information, including qualified notices concerning IRS Section 1446(f) for Publicly Traded Partnerships (PTPs) and the Form 1065 Schedule K-3 FAQ for Invesco DB Funds, is available on our dedicated ETF tax center.

Fund profile

Top holdings

Sector allocation

Geographic allocation

PortView Portfolio Insights

PortView analyzes how DBO fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does DBO track?

DBO is the Invesco DB Oil Fund, a Other ETF.

What is the expense ratio of DBO?

Expense ratio data for DBO is shown on the page when available from our data provider.

What are the largest holdings in DBO?

Top holdings include CONTRA FUTURE WTI CRUDE FUTURE NOV26CLX6 COMB 10/20/2026, NYMEX Light Sweet Crude Oil Future 10/20/2026, AGPXX, TBLL, CASH COLLATERAL.

How can PortView analyze DBO overlap with other ETFs?

PortView computes the holdings overlap between DBO and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.