ETF Versus

DBC vs RSP

Invesco DB Commodity Index Tracking Fund vs Invesco S&P 500 Equal Weight ETF

Last updated: 2026-04-10

DBC Invesco

Invesco DB Commodity Index Tracking Fund (DBC) is an exchange-traded fund issued by Invesco that provides exposure to broad commodities securities. It charges a high expense ratio of 0.84%. The fund offers an attractive dividend yield of 2.60%. Launched in 2006, the fund has a 20-year track record.

AUM: $1.7B ER: 0.84% Yield: 2.60% Since: Feb 3, 2006
RSP Invesco

Invesco S&P 500 Equal Weight ETF (RSP) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. equities across growth and value styles. It charges a moderate expense ratio of 0.20%. The fund offers a moderate dividend yield of 1.58%. Launched in 2003, the fund has a 23-year track record.

AUM: $85.4B ER: 0.20% Yield: 1.58% Since: Apr 24, 2003

Quick Verdict

RSP is significantly cheaper at 0.20% vs 0.84% expense ratio, saving you approximately $1,225 per $10,000 invested over 10 years. Over the past year, DBC has significantly outperformed with a 39.4% return vs 23.4%. Income investors may prefer DBC for its higher yield (2.6% vs 1.6%).

Key Metrics

Metric DBC RSP
Expense Ratio 0.84% 0.20%
Dividend Yield 2.6% 1.6%
Fund Family Invesco Invesco
Category Broad Commodities US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

85 105 125 145 165 185 2021-04 2022-07 2023-10 2025-01 2026-04
DBC +71.3%
RSP +35.5%

Performance Comparison

Period DBC RSP Difference
1 Month +2.24% +0.21% +2.03%
3 Months +24.02% -0.40% +24.42%
6 Months +28.68% +5.38% +23.30%
YTD +28.45% +2.14% +26.31%
1 Year +39.41% +23.42% +15.99%
3 Years +18.60% +35.95% -17.35%
5 Years +71.29% +35.50% +35.79%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period DBC Fees RSP Fees You Save
$10,000 10 years $1,622 $396 $1,225
$10,000 20 years $6,739 $1,696 $5,043
$10,000 30 years $21,014 $5,443 $15,571
$50,000 10 years $8,108 $1,982 $6,126
$50,000 30 years $105,070 $27,214 $77,856
$100,000 30 years $210,141 $54,428 $155,713

Risk Metrics

Based on 5 years of daily returns

Metric DBC RSP
Annualized Volatility 19.3% 16.2%
Max Drawdown -34.0% -22.5%
Sharpe Ratio 0.42 0.18

Dividend Comparison

Metric DBC RSP
Annual Dividend (per share) $0.74 $3.12
Dividend Yield 2.59% 1.58%
Distribution Frequency Semi-Annual or Annual Quarterly

Top Holdings

0 of top 4 holdings overlap (0% overlap in top holdings)

DBC Top Holdings

NameWeight
Short-Term Investment Trust - Invesco Government & Agency Portfolio!mutf/AGPXX41.82%
Invesco Short Term Treasury ETF#TBLL6.29%
Brent Crude Future July 26COU65.08%
Brent Crude Future June 26CO303.25%

RSP Top Holdings

NameWeight
APA CorporationAPA0.26%
Ciena CorporationCIEN0.26%
Dow Inc.DOW0.24%
Seagate Technology Holdings plcSTX0.24%
Dell Technologies Inc.DELL0.24%
LyondellBasell Industries N.V.LYB0.24%
VeriSign, Inc.VRSN0.23%
Lumentum Holdings Inc.LITE0.23%
Hewlett Packard Enterprise CompanyHPE0.23%
Occidental Petroleum CorporationOXY0.23%

Which One Should You Choose?

Choose RSP if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose DBC if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose DBC if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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