Invesco DB Base Metals FundDBBTOP PICKMay 21, 2026Stock price when the opinion was issued
As of Jun 01, 2026. Market Open.
This year, gold and silver were the winners (with silver outperforming gold by more than double). Base metals tend to follow when precious metals surge. This ETF gives you access to copper, aluminum, and zinc -- backbone metals of the global economy. Copper has reached all-time highs; aluminum and zinc are at new 52-week highs. Base metals have a bit more beta.
Long term, think about AI infrastructure catalysts. Data centres, EVs, grid upgrades, electrification -- all extremely metal intensive, which reinforces demand momentum. OECD leading indicators are pointing to greater momentum in the global economy, which is good for base metals.
We reiterate DBB as a TOP PICK. The ETF holds a portfolio of base metal based futures contracts for aluminum, zinc and copper -- commodities expected to surge with rising inflation. We continue to recommend maintaining a stop at $22, looking to achieve $31 -- upside potential over 18%. Yield 0%