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DBE vs MWHS

Invesco DB Energy Fund

DBEBNYSE Arca

Skylar Electricity Futures ETF

MWHSDNYSE Arca

Overlap

Expense ratio

DBE −0.16pt a year

DBE0.79%MWHS0.95%

Avg volume · 30D

DBE 27.4×the volume

DBE45.9KMWHS1.68K

DBE vs MWHS Performance

Jul 31, 2026 – Oct 30, 2026

+30.6%DBE+10.2%MWHS

Jul 31, 2026 to Oct 30, 2026. DBE +30.6%. MWHS +10.2%. Use the arrow keys to read each point.−10%0%20%Jul 2026Sep 2026Oct 2026
Expense ratio
DBE 0.79%, better
MWHS 0.95%
Fund size
DBE $152M
MWHS $1M
1Y total return
DBE +121.4%
MWHS No data
Yield (12M)
DBE 1.65%
MWHS No data
Holdings
DBE 8
MWHS 29
Avg volume (30D)
DBE 45.9K sh, better
MWHS 1.68K sh
NAV per share
DBE $41.15
MWHS $19.15
52W range

ETF.net Grade

DBE: Cost 83, Risk 68, Mission not scored, Tradability 46, Holdings 43, Durability 59. MWHS: Cost 56, Risk 34, Mission not scored, Tradability 4, Holdings not scored, Durability 22.
Pillar letters and Scores for DBE, MWHS, with each pillar’s weight
PillarDBEMWHS
Cost30% weightA83HigherB56
Mission25% weightNot scoredNot scored
Risk15% weightB68HigherD34
Tradability15% weightC46HigherF4
Holdings10% weightC43Not scored
Durability5% weightB59HigherF22

Rank among Energy Futures funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DBE and MWHS are both graded against the same 11 Energy Futures funds, so their Grades compare head to head.

Energy Futures⁠

Category · 11 funds
See all 11 ›

DBE ranks 2nd and MWHS 8th of 11 funds in the Energy Futures Category.

  1. Rank 1AOILKProShares K-1 Free Crude Oil ETFScore 79
  2. Rank 2BDBEInvesco DB Energy FundScore 69
  3. Rank 3BDBOInvesco DB Oil FundScore 67
  4. Rank 7CBNOUnited States Brent Oil Fund LPScore 42
  5. Rank 8DMWHSSkylar Electricity Futures ETFScore 36
  6. Rank 9DUNGUnited States Natural Gas Fund LPScore 30

Our read on each fund

ETF.net Research

DBEBInvesco DB Energy Fund

MWHSDSkylar Electricity Futures ETF

In short

DBE Most energy ETFs buy the companies. DBE buys the barrels: a basket of energy futures tracking an Invesco commodity index, running since 2007.

MWHS No data

Stated mandate

DBE The fund seeks to follow both increases and decreases in the DBIQ Optimum Yield Energy Index Excess Return.

MWHS No data

Why people hold it

  • DBE Holds energy futures tracking the DBIQ Optimum Yield Energy Index Excess Return, so it follows fuel prices themselves rather than oil-company earnings, buybacks or balance sheets.invesco.com
  • Live since 2007, which puts multiple full commodity cycles behind it. That kind of run time is uncommon among futures-based funds.
  • At 0.79% it sits right at the median for its energy peer group, and the fund handles the futures contracts, rolls and collateral you would otherwise manage yourself.

MWHS No data

Worth knowing

  • DBE It is structured as a partnership, so tax time brings a Schedule K-1 instead of the usual 1099. Worth knowing before one shows up in the mail.invesco.com
  • Futures plumbing costs more than owning stocks. Equity-based energy peers like XES (0.35%) and MLPX (0.45%) charge well under half of DBE's 0.79%.
  • A single-commodity-complex bet that follows energy futures both up and down, with no company dividends underneath. Our overall read places it in the lower half of its energy cohort.

MWHS No data

Full DBE profile⁠

Full MWHS profile⁠

DBE vs MWHS Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DBE vs MWHS Cost

Overpaying MWHS vs DBE

$2,695

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DBE 0.79%

    $15,174

  • MWHS 0.95%

    $17,869

$10,000
30 years

Cost over time

  • DBE 0.79%
  • MWHS 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530MWHS $17,869DBE $15,174

Year by year

YearDBEMWHSOverpaying
10$1,405$1,678$273
20$5,331$6,322$991
30$15,174$17,869$2,695

Expense ratio

  • 0.79%DBE, cheaper
  • 0.95%MWHS
  • Middle half of Energy Futures funds
  • Median 1.01%

DBE 2nd cheapest of 11 funds

MWHS 5th cheapest of 11 funds

DBE vs MWHS Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DBE 1.65%
MWHS No data
Payout (12M)
DBE $0.67
MWHS None
Last payment
DBE $0.67
MWHS No data
Ex-dividend
DBE Dec 22, 2025
MWHS No data
Paid on
DBE Dec 26, 2025
MWHS No data
Frequency
DBE Special
MWHS No data

Distribution history

Per share, 2017 to 2026, same scale for both

DBESpecial · 6 paymentsAll DBE payments⁠
One bar per payment. 6 payments from 2017 to 2026 YTD. Dec 24, 2018 $0.21; Dec 23, 2019 $0.26; Dec 19, 2022 $0.17; Dec 18, 2023 $0.74; Dec 23, 2024 $1.17; Dec 22, 2025 $0.67. Use the arrow keys to read each point.$0$12017202020232026YTD
MWHSAll MWHS payments⁠

No distribution history available.

DBE vs MWHS Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DBE 34.8%MWHS No data
Return per unit of riskSharpe ratio, 3 years
DBE 0.73MWHS No data
Worst fallMax drawdown, 5 years
DBE −38.8%MWHS No data
Market sensitivityBeta, 5 years
DBE 1.92MWHS −1.01

DBE and MWHS in the news

All news⁠

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