Invesco DB Oil Fund
Invesco DB Oil Fund (AMEX: DBO) is an exchange-traded fund listed on NYSE Arca, trading at $24.23 (about ₹2,323 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.81% and holds 3 securities. Indian residents can buy DBO through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.01
Today's high
$24.69
52 week low
$11.89
52 week high
$26.62
DBO opened at $24.43, closed previously at $24.97, and has traded between $11.89 and $26.62 over the past 52 weeks.
About
The Invesco DB Oil Fund (DBO) endeavors to replicate the performance, whether positive or negative, of the DBIQ Optimum Yield Crude Oil Index Excess Return (the Index). Its total return also incorporates net interest income generated from the Fund's primary investments in US Treasury securities and money market instruments, after accounting for its expenses. This Fund provides investors with an efficient and convenient vehicle to gain exposure to commodity futures. The underlying Index is a rules-based benchmark constructed from futures contracts tied to light sweet crude oil (West Texas Intermediate or WTI). It's important to note that direct investment in the Index itself is not possible. Both the Fund and its benchmark undergo annual adjustments and rebalancing every November. Prospective investors should be aware that this Fund is not appropriate for everyone. Its investment strategy is speculative, operating within highly volatile markets. The inherent volatility of futures contracts means that rapid fluctuations in the market prices of the underlying contracts could lead to substantial financial losses. For a complete understanding of these and other potential risks, please consult the "Risk and Other Information" section and the Fund's official Prospectus. Further tax-related compliance information, including qualified notices concerning IRS Section 1446(f) for Publicly Traded Partnerships (PTPs) and the Form 1065 Schedule K-3 FAQ for Invesco DB Funds, is available on our dedicated ETF tax center.
Key statistics
Expense ratio
0.81%
Assets (AUM)
$264.1M
Holdings
3
NAV
$24.23
Avg. volume
—
1-year price change
+72.82%
5-year price change
+75.45%
Price change excludes dividends.
Top 7 holdings
DBO holds 3 securities in total. These 7 are 100.0% of the fund.
Where the money is invested
Countries
How to buy DBO from India
Indian residents can buy DBO units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search DBO and buy
Find the fund by its ticker, DBO, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in DBO from India
Trading and taxes when buying DBO from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the DBO price today?
Invesco DB Oil Fund (DBO) last traded at $24.23 on NYSE Arca, as of 25 Sep 2026, 4:00 PM ET. That is ₹2,323 a unit at the 26 Sep 2026 USD/INR rate.
When does DBO trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is DBO, and what does it cost to hold?
Invesco DB Oil Fund manages about $264.1M. Its expense ratio is 0.81% a year, deducted inside the fund. It launched in 2007.
What are DBO's largest holdings?
The top three are NYMEX Light Sweet Crude Oil Future 10/20/2026 (121.6%), Invesco Government & Agency Portfolio (97.9%) and Invesco Short Term Treasury ETF (24.9%). DBO's 7 largest positions make up 100.0% of the fund.
Does DBO pay dividends?
Yes. DBO is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on DBO taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of DBO?
Yes. You can buy DBO by amount rather than by whole unit, and there is no minimum trade size.
How has DBO performed?
DBO's price is up 72.8% over the past year and up 75.5% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.