ETF Versus

DBC vs TAN

Invesco DB Commodity Index Tracking Fund vs Invesco Solar 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
TAN Invesco

Invesco Solar ETF (TAN) is an exchange-traded fund issued by Invesco that provides exposure to thematic - clean energy securities. It charges a high expense ratio of 0.70%. Launched in 2008, the fund has a 18-year track record.

AUM: $1.5B ER: 0.70% Yield: N/A Since: Apr 15, 2008

Quick Verdict

TAN is significantly cheaper at 0.70% vs 0.84% expense ratio, saving you approximately $262 per $10,000 invested over 10 years. Over the past year, TAN has significantly outperformed with a 108.5% return vs 39.4%.

Key Metrics

Metric DBC TAN
Expense Ratio 0.84% 0.70%
Dividend Yield 2.6% N/A
Fund Family Invesco Invesco
Category Broad Commodities Thematic - Clean Energy

Performance Chart

Indexed to 100 at start (5-year comparison)

30 61 92 123 154 185 2021-04 2022-07 2023-10 2025-01 2026-04
DBC +71.3%
TAN -34.3%

Performance Comparison

Period DBC TAN Difference
1 Month +2.24% -0.09% +2.33%
3 Months +24.02% +6.79% +17.23%
6 Months +28.68% +20.21% +8.47%
YTD +28.45% +7.91% +20.54%
1 Year +39.41% +108.54% -69.13%
3 Years +18.60% -26.47% +45.07%
5 Years +71.29% -34.27% +105.56%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period DBC Fees TAN Fees You Save
$10,000 10 years $1,622 $1,359 $262
$10,000 20 years $6,739 $5,684 $1,055
$10,000 30 years $21,014 $17,834 $3,180
$50,000 10 years $8,108 $6,796 $1,312
$50,000 30 years $105,070 $89,170 $15,901
$100,000 30 years $210,141 $178,339 $31,801

Risk Metrics

Based on 5 years of daily returns

Metric DBC TAN
Annualized Volatility 19.3% 39.8%
Max Drawdown -34.0% -74.1%
Sharpe Ratio 0.42 -0.13

Dividend Comparison

Metric DBC TAN
Annual Dividend (per share) $0.74 $0.00
Dividend Yield 2.59% 0.00%
Distribution Frequency Semi-Annual or Annual None

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%

TAN Top Holdings

NameWeight
First Solar, Inc.FSLR10.20%
Nextpower Inc.NXT9.24%
Enlight Renewable Energy Ltd!tlv/ENLT6.53%
Enphase Energy, Inc.ENPH5.87%
Sunrun Inc.RUN5.21%
SolarEdge Technologies, Inc.SEDG5.08%
GCL Technology Holdings Limited!hkg/38004.63%
Solaria Energía y Medio Ambiente, S.A.!bme/SLR4.39%
HA Sustainable Infrastructure Capital, Inc.HASI4.33%
Doral Group Renewable Energy Resources Ltd!tlv/DORL3.47%

Which One Should You Choose?

Choose TAN if...

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

Choose TAN if...

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

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