DBA: A Lot To Like, But Rated Hold For Now Based On Neutral ETF Price Trend

Dec. 18, 2022 2:17 AM ETInvesco DB Agriculture Fund ETF (DBA)

Summary

  • Invesco DB Agriculture Fund (DBA) tracks an index of agricultural commodities index futures.
  • DBA is basically trading flat year to date and up 7% over the past three years.
  • The fund holds a tight mix of 10 contracts including both produce and animal futures.
  • We rate DBA a Hold because we believe food security issues supersede global supply and demand surges.

Shot of a young woman cleaning in a barn on a farm

Jay Yuno/E+ via Getty Images

by Alex Rosen

Summary

Invesco DB Agriculture ETF (NYSEARCA:DBA) tracks an index of agricultural commodities index futures. The fund holds futures in ten specific areas of agriculture. Year to date, the fund is trading flat, and is

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I'm Rob Isbitts, founder of Sungarden Investment Publishing. I run the new investing group Sungarden YARP Portfolio, a community dedicated to navigating the modern investment climate with humility, discipline, and a non-traditional approach to income investing. I've been charting investments since the 1980s, and I spent decades an an investment advisor and fund manager before semi-retiring in 2020. Now, this investing group is my focus. The markets tells us a story…we just have to listen! I teach subscribers how to do that.

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