DBA ETF — Invesco DB Agriculture Fund

Invesco DB Agriculture Fund (DBA)

DBA is an ETF that tracks the DBIQ Diversified Agriculture Index Excess Return. As of August 19, 2026, its distribution rate is 3.25%, its trailing-12-month yield is 3.25%, its expense ratio is 0.85%. Dividend Vision Distribution Safety Score™ is 95/100 (Safe). Fund total return is 34.7% over the past 19.6 years, 646.1 points behind SPY at 680.8%.

At the current 3.25% distribution rate, a $10,000 investment would generate approximately $325 per year, or $27.08 per month on an equivalent basis. Actual annual payments vary.

Invesco DB Agriculture Fund is an ETF that tracks the DBIQ Diversified Agriculture Index through a portfolio of exchange-traded futures contracts on agricultural commodities including corn, soybeans, wheat, sugar, cocoa, coffee, cotton, and livestock. The fund carries a modest current distribution rate with annual distributions and has an expense ratio of 0.85%. It appeals to commodity and diversification-focused investors seeking exposure to agricultural futures rather than traditional equities or bonds.

DBA performance versus SPY

Data as of August 19, 2026.

Fund total return is 34.7% over the past 19.6 years, 646.1 points behind SPY at 680.8%. Its deepest 1-year drawdown was 8.7%.

DBA key facts

Data as of August 19, 2026.

Distribution Safety Score™

95 · Safe

Safety-Adjusted Yield

3.09%

Issuer

Invesco

Asset type

ETF

Asset class

Commodity

Inception date

01/05/2007

Expense ratio

0.85%

Distribution rate

3.25%

Distribution frequency

Annual

Trailing yield

3.25%

Last close

$28.03

AUM

$1,212,399,160

Average volume

1484980.0

Last dividend

$0.9120

Ex-dividend date

12/22/2025

Payment date

12/26/2025

Beta

0.32

P/E ratio

11.837

How Dividend Vision calculates yield and returns

Distribution rate (3.25%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.25%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Invesco; Index: DBIQ Diversified Agriculture Index Excess Return; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DBA risks and drawbacks

DBA's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 8.7%.

Who may consider DBA — and who may not

DBA may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (DBA pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Invesco.