DBC vs XOM
- 2 of 19 forces clearly differ
- Data through Oct 30, 2026
- Market move removed first
DBC and XOM clearly differ on 2 of 19 forces. The widest gap is value vs growth: in weeks when value stocks beat growth stocks by 1 percentage point, DBC typically moved −0.03% and XOM +1.0%.
| Economic force | DBCInvesco DB Commodity Index Tracking Fund | XOMExxonMobil |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | +0.39%−0.19% to +1.0%Not distinguishable from zero | −0.12%−1.3% to +1.1%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +0.77%−0.45% to +2.0%Not distinguishable from zero | +2.3%−0.76% to +5.4%Not distinguishable from zero |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −1.3%−1.8% to −0.81%Clear | −0.46%−1.8% to +0.87%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +3.2%+2.6% to +3.7%Clear | +2.7%+1.3% to +4.0%Clear |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | +0.37%−0.70% to +1.4%Not distinguishable from zero | +0.56%−1.4% to +2.5%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | +0.79%+0.08% to +1.5%Tentative | +0.32%−1.5% to +2.1%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.04%−0.49% to +0.41%Not distinguishable from zero | −1.4%−2.6% to −0.21%Tentative |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage points | −0.03%−0.54% to +0.49%Not distinguishable from zero | +0.37%−0.53% to +1.3%Not distinguishable from zero |
| GoldIn weeks when the price of gold rose 5% | +0.77%+0.35% to +1.2%Tentative | +0.13%−0.52% to +0.78%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.55%+0.25% to +0.86%Tentative | +0.59%+0.05% to +1.1%Tentative |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | +0.03%+0.02% to +0.04%Clear | +0.02%−0.01% to +0.05%Not distinguishable from zero |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.03%−0.30% to +0.23%Not distinguishable from zero | −0.61%−1.3% to +0.06%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage pointClear difference | −0.04%−0.16% to +0.09%Not distinguishable from zero | +0.47%+0.23% to +0.71%Clear |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage pointClear difference | −0.03%−0.13% to +0.07%Not distinguishable from zero | +1.0%+0.78% to +1.2%Clear |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage point | +0.02%−0.06% to +0.10%Not distinguishable from zero | −0.29%−0.54% to −0.04%Tentative |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −1.1%−1.7% to −0.49%Tentative | −2.0%−3.7% to −0.34%Tentative |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.28%−0.55% to 0.00%Not distinguishable from zero | −0.42%−1.2% to +0.38%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | +0.18%+0.07% to +0.28%Tentative | +0.02%−0.34% to +0.38%Not distinguishable from zero |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.03%−0.03% to +0.09%Not distinguishable from zero | +0.20%+0.07% to +0.33%Tentative |
Each figure is the stock's typical move in a week when the force moved by the stated amount, after accounting for the stock market, with its 90% range beneath. Grey figures could not be told apart from zero. A row is marked a clear difference only when the two 90% ranges do not overlap.
This describes the past, and it is not a forecast. Relationships change, and nothing here is a recommendation to buy, sell or hold any security.