# Invesco DB Oil Fund (DBO)

> Source: Nexqual · https://nexqual.com/DBO · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Invesco DB Oil Fund (DBO), nexqual.com/DBO" · informational, not investment advice.

**Price:** USD 26.87 (+3.35% on the day) · last close of Oct 23, 2026; US market after hours, not a live price. Prev close 26 · day 26.51–26.97 · 52w 11.89–26.97 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y +108.4% vs S&P 500 +13.4%; 5Y +102.9% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Operating income | -$3.5M | $2.2M | $11.3M | $10.2M | $7.0M | $7.6M |
| Net income | $229M | $77.3M | -$14.2M | $19.6M | -$19.4M | $106M |
| Cash + short-term investments | $0K | $0K | $0K | $1.0M | $0K | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)


## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +108.4% | +102.9% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +109.0% | +15.2% |
| Volatility (annualized) | 41.4% | 33.4% |
| Max drawdown | -27.7% (May 2026→Jul 2026) | -36.1% (Jun 2022→Mar 2023) |

## Peers
DBE (Invesco DB Energy Fund) USD 41.02 +2.68% · USL (United States 12 Month Oil) USD 64.08 +2.38% · DBB (Invesco DB Base Metals Fund) USD 24.88 +1.10% · DBP (Invesco DB Precious Metals Fund) USD 90.38 -0.81% · BNO (United States Brent Oil Fund, L) USD 70.99 +3.02%

## More
Full page: https://nexqual.com/DBO · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt