DBB - Invesco DB Base Metals

NYSEArca - NYSEArca Delayed Price. Currency in USD
15.82
+0.08 (+0.51%)
At close: 4:00PM EST
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Previous Close15.74
Open15.81
Bid15.52 x 900
Ask16.38 x 800
Day's Range15.74 - 15.89
52 Week Range14.91 - 19.94
Volume140,879
Avg. Volume138,095
Net Assets160.56M
NAV15.44
PE Ratio (TTM)20.26
Yield1.58%
YTD Return-19.47%
Beta (3Y Monthly)0.34
Expense Ratio (net)0.77%
Inception Date2007-01-05
Trade prices are not sourced from all markets
  • What Metals Are Saying About Rates
    Investopedia8 days ago

    What Metals Are Saying About Rates

    If Treasuries and precious metals are rallying, it's unlikely that we're in an environment where stocks are making a sustained move to the upside.

  • Why Analysts Expect Higher Earnings for Vale Going Forward
    Market Realist19 days ago

    Why Analysts Expect Higher Earnings for Vale Going Forward

    As of December 21, Vale (VALE) had returned 5.5% year-to-date. While the stock’s gains haven’t been much in absolute terms, it has outperformed most of its close peers. In the same period, Rio Tinto (RIO) has returned -9.8%, BHP (BHP) has returned 2.4%, and Freeport McMoran (FCX) and Glencore (GLNCY) have fallen 47.2% and 32.8%, respectively.

  • Analysts’ Latest Upgrades and Downgrades for Rio Tinto
    Market Realist22 days ago

    Analysts’ Latest Upgrades and Downgrades for Rio Tinto

    Of the 16 analysts covering Rio Tinto (RIO) stock, 62.0% have given it “buys,” 25.0% have given it “holds,” and 13.0% have given it “sells.” Its ratings have remained more or less the same for the last few months. Of the analysts covering BHP Billiton (BHP) and Vale (VALE) stocks, 39.0% and 78.0% have given them “buys,” respectively. Cleveland-Cliffs (CLF), which is mainly exposed to the US domestic market, has “buy” recommendations from 64.0% of the analysts covering its stock. Analysts generally expect its premium to come down compared to those of its peers due to the lack of any significant catalysts.

  • Why Is Goldman Sachs Extremely Sold on Gold in 2019?
    Market Realistlast month

    Why Is Goldman Sachs Extremely Sold on Gold in 2019?

    In a report published on November 26, Goldman Sachs (GS) stated that commodities (COMT) could climb 17% in the coming months. It believes that commodities will escape a 2015-style price collapse. Among commodities, GS is particularly bullish on oil (USO), gold (GLD), and base metals (DBB). According to CNBC, Goldman Sachs said, “Given the size of dislocations in commodity pricing relative to fundamentals with oil now having joined metals in pricing below cost support, we believe commodities offer an extremely attractive entry point for longs in oil, gold and base.”

  • These Factors Could Boost Vale’s Cash Flows Going Forward
    Market Realistlast month

    These Factors Could Boost Vale’s Cash Flows Going Forward

    Vale (VALE) is expecting its cash flows to significantly expand going forward. The company has identified several levers to help future cash flows. Let’s take a look at those levers.

  • Vale Is Getting Ready for the Electric Vehicle Revolution
    Market Realistlast month

    Vale Is Getting Ready for the Electric Vehicle Revolution

    On Vale Day on December 4, 2018, Vale (VALE) said it is getting ready for the coming electric vehicle revolution. Previously, the company had cut back on its volumes in base metals to better align production with market conditions. Nickel, cobalt, and lithium are used in rechargeable batteries in electric vehicles.

  • Vale Stock Could Benefit from Focus on Shareholder Returns
    Market Realistlast month

    Vale Stock Could Benefit from Focus on Shareholder Returns

    Vale (VALE) hosted Vale Day in New York on December 4. It’s aiming at maintaining discipline in capital allocation and remains committed to continuing to distribute free cash flow to shareholders. Vale’s president and CEO, Fabio Schvartsman, said, “We made in this bold remark that Vale would be the company to generate more value to its shareholders.

  • Powell’s Speech Ignites a Rally in Equities and Metals
    Market Realist2 months ago

    Powell’s Speech Ignites a Rally in Equities and Metals

    While gold prices (GLD) jumped 0.8%, copper prices rose 1.3%. Gold prices benefit from a weaker dollar, and the Fed chair’s comments pressured the US dollar (UUP) yesterday. Part 2 - What Made Powell Change His Mind?

  • Why Goldman Sachs Thinks Gold Prices Are ‘Extremely Attractive’
    Market Realist2 months ago

    Why Goldman Sachs Thinks Gold Prices Are ‘Extremely Attractive’

    In a report published yesterday, Goldman Sachs (GS) stated that commodities (COMT) could climb 17% over the coming months. It also cited the upcoming G-20 meeting as the potential launchpad for raw materials. Among commodities, GS is particularly bullish on oil (USO), gold (GLD), and base metals (DBB).

  • Could Iron Ore Keep Rising amid China’s Weakening Growth?
    Market Realist2 months ago

    Could Iron Ore Keep Rising amid China’s Weakening Growth?

    Cleveland-Cliffs (CLF) announced the closure of the sale of its Asia-Pacific iron ore assets to Mineral Resources on August 28. Through this final step, its direct exposure to the volatile seaborne iron ore market is over. CLF is primarily a US-based (DIA) (IVV) iron ore pellet producer and should be valued as such. However, seaborne iron ore prices affect it indirectly. Chinese steel demand is the largest factor affecting seaborne iron ore prices.

  • Can Iron Ore Maintain Its Price Momentum amid China’s Slowdown?
    Market Realist3 months ago

    Can Iron Ore Maintain Its Price Momentum amid China’s Slowdown?

    Can Iron Ore Maintain Its Price Momentum amid China's Slowdown? China’s manufacturing growth in October was at its weakest level in over two years. The PMI reading for China was the lowest since July 2016.

  • 4 Commodity ETFs Worst Hit by Ongoing Trade Turmoil
    InvestorPlace6 months ago

    4 Commodity ETFs Worst Hit by Ongoing Trade Turmoil

    Trade tensions, especially between the world’s two largest economies, have been taking a toll not only on the equity world but also on the commodity space. In fact, the escalating tit-for-tat tariff threats pushed the Bloomberg Commodity Index, which measures the returns on 25 raw materials down by 8.9% from the latest peak in late May.Source: Shutterstock

  • 4 Commodity ETFs Worst Hit by Ongoing Trade Turmoil
    Zacks6 months ago

    4 Commodity ETFs Worst Hit by Ongoing Trade Turmoil

    China is the top consumer of raw materials and the tariffs will slowdown growth in its economy hurting commodities. As such, we have highlighted few commodity ETFs that are feeling the brunt.

  • Will Vale’s Strategy of Preserving Optionality in Nickel Work?
    Market Realist8 months ago

    Will Vale’s Strategy of Preserving Optionality in Nickel Work?

    Is a Valuation Rerating in the Cards for Vale Stock? Vale’s (VALE) base metal (DBB) production, including nickel and copper production, was in line with its decision to lower its footprint by putting non-competitive mines on care and maintenance. Vale’s strategy is to preserve its optionality in nickel in case of higher demand for nickel class I. Nickel production, therefore, reached 58,600 tons in the first quarter, a decline of 18% year-over-year and 25 sequentially.

  • Could Vale Benefit from Electric Vehicle Demand?
    Market Realist9 months ago

    Could Vale Benefit from Electric Vehicle Demand?

    Vale (VALE) is optimistic about the growing popularity of electric vehicles. Vale’s executive director of base metals, Jennifer Maki, said the market forecast suggests that electric vehicles could represent 7%–20% of the global auto market by 2025, up from 1% in 2017. The company wants to preserve its optionality in nickel ahead of the expected boom in electric vehicles (TSLA).

  • Investopedia10 months ago

    As Markets Drop, Active Traders Focus on Commodities

    Strong chart patterns for key commodity-related ETFs suggest that this could be one of the only segments to withstand a continued sell-off.

  • Analyzing Aluminum’s Outlook amid Trade War Fears
    Market Realist10 months ago

    Analyzing Aluminum’s Outlook amid Trade War Fears

    Is the Sell-Off in US Aluminum Producers Justified? As we noted previously in this series, aluminum prices have seen downward pressure this year. Lower aluminum prices are negative for aluminum producers like Rio Tinto (RIO) and Norsk Hydro (NHYDY).

  • Could Alcoa Gain from the Section 232 Tariffs?
    Market Realist10 months ago

    Could Alcoa Gain from the Section 232 Tariffs?

    US Aluminum Producers after Section 232 Tariffs

  • What Could Support Vale’s Cash Flow?
    Market Realist10 months ago

    What Could Support Vale’s Cash Flow?

    Can Vale Expect Significant Upside after 4Q17 Results?

  • Lower Footprint in Base Metals to Boost Vale’s Profitability
    Market Realist11 months ago

    Lower Footprint in Base Metals to Boost Vale’s Profitability

    Can Vale Expect Significant Upside after 4Q17 Results? Vale’s (VALE) base metal (DBB) production, including nickel and copper, was flat to lower in 2017 compared to 2016. Its nickel production fell 7.3% year-over-year (or YoY) to 288,200 tons, which was in line with Vale’s commitment of a smaller nickel footprint.

  • Can Copper Provide Upside to BHP Billiton in Fiscal 2018?
    Market Realistlast year

    Can Copper Provide Upside to BHP Billiton in Fiscal 2018?

    BHP Billiton's Performance amid Volatile Commodity Prices