DBC vs NBCM
Invesco DB Commodity Index Tracking Fund compared with Neuberger Commodity Strategy ETF on yield, payout growth, payment schedule, cost and risk.
DBC
Invesco DB Commodity Index Tracking Fund
TTM yield · Annual
NBCM
Neuberger Commodity Strategy ETF
TTM yield · Annual
Quick take
- NBCM yields more today: 6.10% vs 2.33% (forward).
- NBCM has grown its payout faster: 75.2%/yr vs -33.3%/yr over the last 1 year.
- Both pay once a year.
- Over the last year DBC delivered the higher total return: +47.0% vs +44.9% (price change plus payouts).
- NBCM is cheaper to own: 0.65% vs 0.85% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | DBC | NBCM |
|---|---|---|
| Share price | $31.90 | $31.35 |
| TTM yield | 2.33% | 6.10% |
| Forward yield | 2.33% | 6.10% |
| Annual payout per share | $0.744 | $1.913 |
| Payment frequency | Annual | Annual |
| Next ex-date | Dec 21, 2026 (est.) | Dec 20, 2026 (est.) |
| Expense ratio | 0.85% | 0.65% |
| 1-year payout growth | -33.3% | +75.2% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | 3 years |
| Payout consistency (last 12) | 40/100 | 40/100 |
| 1-year total return | +47.0% | +44.9% |
| 1-year price return | +43.6% | +36.6% |
| Size (market cap / AUM) | 1.8B | 509.8M |
| Years paying | 19.7 | 3.7 |
| Sector / category | Commodities Broad Basket | Commodities Broad Basket |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| DBC | NBCM | |
|---|---|---|
| Shares | 313.5 | 319.0 |
| Income per year | $233 | $610 |
| Income per month (avg) | $19 | $51 |
At forward yields, before taxes. Model DBC · Model NBCM
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| DBC Dec 21, 2026 | Jan 4, 2027 | $0.744 | Est. |
| NBCM Dec 20, 2026 | Jan 3, 2027 | $1.913 | Est. |
Annual payouts per share
DBCNBCM
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, DBC or NBCM?
NBCM currently has the higher trailing yield: DBC yields 2.33% and NBCM yields 6.10%. Yield changes daily with price, so check the live figures above.
How often do DBC and NBCM pay?
DBC pays once a year and NBCM pays once a year. DBC's next ex-date is Dec 21, 2026 and NBCM's is Dec 20, 2026.
Which has grown its dividend faster, DBC or NBCM?
NBCM has grown its payout faster: 75.2%/yr vs -33.3%/yr over the last 1 year.
Is DBC or NBCM better for income?
It depends on what you are optimising for. DBC and NBCM differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.