Competition & Peer Data API & CSV Delivery

Invesco Db Oil Fund's Competitiveness

A competitive positioning analysis and financial ratio benchmarking of Invesco Db Oil Fund (DBO) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.

Peer Data As of Q2 2026
Competitors Tracked
3
Publicly traded peers
Peer Group Market Share
-
Share of combined sales, Q2 2026
Revenue Growth Y/Y
2,388.79 %
Q2 2026
Net Margin
-660.03 %
Q2 2026

Key Findings: Invesco Db Oil Fund vs Its Competitors

  • TTM: Trailing 12-month revenue of 4M vs 54M combined for tracked competitors (6.2% combined share).
  • Trending: Latest-quarter revenue run-rate is accelerating (+228.2% annualized vs trailing 12 months), vs decelerating (-122.1%) for its tracked peer group.

Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).

API endpoints for this dataset
https://api.csimarket.com/api/v1/companies/DBO/competitors
https://api.csimarket.com/api/v1/companies/DBO/relationships
https://api.csimarket.com/api/v1/companies/DBO/similar
Programmatic access for models, analytics, and integration workflows.

Invesco Db Oil Fund vs. its Competitors, Q2 2026

Revenue run-rate vs trailing 12 months

Invesco Db Oil Fund +228.2 %
Competitors combined -122.1 %

TTM net margin

Invesco Db Oil Fund +2,959.8 %
Competitors combined +371.5 %

TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.

Competitor Financial Benchmarking - TTM Commercial

TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Invesco Db Oil Fund and its 4 competitor groupings. Available under Commercial License.

Entity TTM Revenue Latest Q ×4 Rev Run-rate vs TTM TTM Net Income TTM Net Margin
Invesco Db Oil Fund $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Competitors combined $12,345M $12,345M +12.3% · Accelerating $1,234M 12.3%
Competitor Financial Benchmarking

TTM revenue, run-rate and net margin benchmarking across Invesco Db Oil Fund's competitor groups requires a Commercial License.

For context: the Exchange Traded Funds Etf industry grew revenue 86.9% year over year, combined, vs 2,388.8% for Invesco Db Oil Fund. Invesco Db Oil Fund's share of combined industry revenue moved from 0.11% to 1.53%, a gain of 1.42 percentage points.

Invesco Db Oil Fund's Competitor Quality Breadth

Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).

Entity Profitable Expanding Above Industry Growth Distressed
Invesco Db Oil Fund Yes - - Yes
Competitors combined (3) 50% 0% 0% 67%

Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.

DBO Stock Performance relative to its Competitors

DBO Competitors (weighted) Percent change over the selected range

Invesco Db Oil Fund's Share Price Performance vs Peer Groups

Trailing 12-month total share price return, and the share of each group that outperformed the U.S.A. 500 over the same period. Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC.
66.7%beat U.S.A. 500
Competitors Combined
(2 of 3)
Entity TTM Share Price Return
(group: median)
vs U.S.A. 500
Invesco Db Oil Fund 76.10 % Outperformed
Competitors combined (3) 40.4% 63.2%
High-Confidence Competitors (0) 40.4% 63.2%
Similar-Size Competitors (0) 40.4% 63.2%
Similar Growth & Profitability (0) 40.4% 63.2%
Peer Group Share Price Returns

TTM share price return and U.S.A. 500 outperformance for Invesco Db Oil Fund's competitor groups requires a Commercial License.

Source: CSIMarket API (daily market-structure computation). Outperformance is trailing-12-month total return vs the U.S.A. 500 over the same window, not risk-adjusted.

5 Best-Performing Tracked Competitors, Trailing 12 Months

#CompetitorTTM Share Price Returnvs U.S.A. 500
1 United States Gasoline Fund Lp 282.9% Outperformed
2 United States Brent Oil Fund Lp 282.9% Outperformed
3 United States 12 month Natural Gas Fund Lp 282.9% Outperformed
Best-Performing Competitor Returns

TTM share price return and U.S.A. 500 outperformance for Invesco Db Oil Fund's best-performing tracked competitors requires a Commercial License.

Source: CSIMarket API, trailing 12 months.

Invesco Db Oil Fund's Comment on Competition and Industry Peers

The Fund constitutes a relatively new type of investment vehicle. The Fund competes with other financial vehicles, including mutual funds, and other investment companies, ETFs, other index tracking commodity pools, actively traded commodity pools, hedge funds, traditional debt and equity securities issued by companies in the commodities industry, other securities backed by or linked to such commodities, and direct investments in the underlying commodities or commodity futures contracts. Market and financial conditions, and other conditions beyond the Managing Owner’s control, may make it more attractive to invest in other financial vehicles or to invest in such commodities directly, which could limit the market for the Shares and therefore reduce the liquidity of the Shares.

Publicly Traded Peers of Invesco Db Oil Fund

Revenue and income for trailing 12 months, in millions of $, except employees
Company Market Cap Revenues Income Employees
Invesco Db Oil Fund - 3.59 106.12 -
United States Brent Oil Fund Lp 963.32 2.13 55.38 2
United States Gasoline Fund Lp 165.76 56.63 132.87 2
United States 12 month Natural Gas Fund Lp 14.72 -4.26 14.17 2
SUBTOTAL 1,143.80 58.08 308.55 6

Sources: Invesco Db Oil Fund's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Invesco Db Oil Fund versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.

Invesco Db Oil Fund's Productivity vs Peers Comparison

Revenue and income per employee, trailing 12 months, in $; market cap in millions of $
CompanyMarket CapRevenue / EmployeeIncome / Employee
Invesco Db Oil Fund - - -
United States Brent Oil Fund Lp 963 1,065,699 27,691,582
United States Gasoline Fund Lp 166 28,313,435 66,437,254
United States 12 month Natural Gas Fund Lp 15 -2,132,291 7,086,069
PEERS TOTAL 1,144 9,082,281 33,738,301

Invesco Db Oil Fund's Profitability & Cost Structure

Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Exchange Traded Funds Etf industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (22 companies).
Metric Company Industry Difference
Gross Margin - 88.17 % (avg) -
Operating Margin 212.43 % industry median +60.5 pp
EBITDA Margin - 37.37 % (avg) -
Capital Intensity (Capex / Revenue) 0.00 % 0.22 % (avg) -0.2 pp

Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.

Invesco Db Oil Fund's Multi-Year Financial Trajectory

Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.
Metric 20162017201820192020202120242025
Revenue Growth --61.09 %500.00 %-126.91 %----
Operating Margin 64.82 %252.37 %-48.48 %-13.02 %3.35 %25.81 %-613.17 %
Return on Invested Capital 2.34 %4.03 %-8.69 %0.81 %-0.19 %6.24 %0.24 %1.09 %
P/E --------

Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.

Invesco Db Oil Fund's Competitive Forces (Porter's Five Forces)

Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.
Force Assessment Basis
Barriers to Entry Lower than typical for the industry Capital intensity (capex / revenue) of 0.00 % vs industry average 0.22 % (see Profitability & Cost Structure above)
Supplier Power Not covered on this page See Invesco Db Oil Fund's dedicated suppliers page for concentration and dependency data
Buyer Power Not covered on this page See Invesco Db Oil Fund's dedicated customers page for concentration and dependency data
Threat of Substitutes - No systematic data source for cross-product substitution exists in this system; not estimated

Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.

Invesco Db Oil Fund's SWOT

Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.

Strengths

  • Operating margin 60.5 points above the industry median.
  • Return on equity 23.2 points above the industry aggregate.
  • Latest-quarter revenue run-rate is accelerating (+228.2% annualized vs trailing 12 months).
  • Outperforming the U.S.A. 500 over the trailing 12 months.

Weaknesses

  • Piotroski F-Score of 2 or below, the standard financial-distress signal.

Opportunities

  • A meaningful share of tracked competitors (66.70 %) show financial-distress signals, a possible opening to gain share.

Threats

  • Tracked peer group's revenue run-rate is broadly decelerating (-122.1% annualized).

Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.

Invesco Db Oil Fund's Financial Strength vs Peers Comparison

Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months
CompanyQuick RatioWorking CapitalDebt / EquityAsset Turnover
Invesco Db Oil Fund - 2.48 - 0.01
United States Brent Oil Fund Lp 2,790.55 853.23 - 0.01
United States Gasoline Fund Lp 728.47 730.08 - 0.55
United States 12 month Natural Gas Fund Lp 200.26 225.24 - -

Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.

Invesco Db Oil Fund's Revenue and Income Growth vs Peers

Quarterly revenue and net income growth, year over year and quarter over quarter
CompanyPeriodRevenue Y/YRevenue Q/QIncome Y/YIncome Q/Q
Invesco Db Oil FundQ2 2026+2,388.8 %+1,508.8 %--
United States Brent Oil Fund LpQ2 2026----
United States Gasoline Fund LpQ2 2026----
United States 12 month Natural Gas Fund LpQ2 2026----
PEERS TOTAL----

Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.

Invesco Db Oil Fund's Peers' Costs of Sales and Capital Expenditures

Context for revenue growth: peer costs and capex, year over year and quarter over quarter
CompanyPeriodCosts Y/YCosts Q/QCapex Y/YCapex Q/Q
Invesco Db Oil FundQ2 2026----
United States Brent Oil Fund LpQ2 2026----
United States Gasoline Fund LpQ2 2026----
United States 12 month Natural Gas Fund LpQ2 2026----

Invesco Db Oil Fund's Returns and Turnover vs Peers

ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover
CompanyROAROIROEReceivables TurnoverInventory Turnover
Invesco Db Oil Fund41.25%21.16%42.45%0.26-
United States Brent Oil Fund Lp13.04%6.52%13.05%--
United States Gasoline Fund Lp129.75%64.98%130.01%--
United States 12 month Natural Gas Fund Lp90.91%45.69%91.41%--

ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).

Invesco Db Oil Fund's Valuation vs Peers

P/E, price to sales, PEG, price to cash flow and price to book
CompanyP/EPrice / SalesPEGP/CFPrice / Book
Invesco Db Oil Fund-----
United States Brent Oil Fund Lp5.39451.970.021.991.77
United States Gasoline Fund Lp3.502.930.016.001.54
United States 12 month Natural Gas Fund Lp---2.070.85
PEERS AVERAGE3.7119.692.201.30

P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.