The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

DBA

Concerning the House

The fund invests in a portfolio of exchange-traded futures on the index Commodities (“Index Contracts”), which consist of Corn, Soybeans, Wheat, Kansas City Wheat, Sugar, Cocoa, Coffee, Cotton, Live Cattle, Feeder Cattle, and Lean Hogs. The index is composed of notional amounts of each Index Commodity. The sponsor of the index is Deutsche Bank Securities, Inc. (the “Index Sponsor” or “DBSI”).

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Operating income$26.37M+46.9%
Net income$60.58M+28.1%
Cash from ops$448.45M+4.6%
Quotation

$27.62

-0.22 (-0.8%)

52w hi$28.73
52w lo$24.79
Vol480.52K
As ofAug 13
The Verdict

Hold

Our score -0.25

Short+0.13
Medium-0.40
Long-0.71

computed 2026-08-13

By the Numbers

Invesco DB Agriculture Fund

— · —

Market cap
Enterprise value
Trailing P/E11.66x
Forward P/E
EV / EBITDA
P / S (ttm)
Profit margin
Return on equity
Revenue growth
Earnings growth
Debt / equity
Risk Metrics
Beta vs SPX0.18
Corr SPX0.22
Annual vol13.2%
Annual ret+8.4%
Sharpe0.63
Max DD-11.0%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.00
Sector
Technical+0.07
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$27.77$27.82$27.59$27.62480.52K
Aug 12$27.69$27.92$27.67$27.84695.20K
Aug 11$27.75$27.75$27.56$27.59480.10K
Aug 10$27.69$27.86$27.68$27.82356.90K
Aug 7$27.48$27.69$27.47$27.62412.50K