Update On Base Metals And The DBB ETF: Several Bullish Factors
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Andrew HechtInvesting Group LeaderFollow5ShareSavePlay(7min)CommentsSummaryInvesco DB Base Metals Fund ETF has rallied 17.19% YTD, reflecting strong base metals price momentum tied to Chinese economic growth.DBB’s portfolio is dominated by copper (51.94%), with significant exposure to aluminum and zinc, aligning it closely with global industrial demand trends.Seeking Alpha ETF Grades for DBB improved in momentum and risk, supporting a bullish outlook into 2026 despite persistent volatility and moderate expense ratios.Structural copper deficits, rising green energy demand, and China’s infrastructure needs underpin a constructive long-term thesis for DBB, though tactical buying on corrections remains prudent. Monty Rakusen/DigitalVision via Getty Images I last wrote about the Invesco DB Base Metals Fund ETF (DBB) on Seeking Alpha on August 19, 2025, when I concluded with the following: The path of least resistance of base metals pricesThis article was written byAndrew Hecht30.68K FollowersFollowAndrew Hecht is a 35-year Wall Street veteran covering commodities and precious metals. He runs the investing group The Hecht Commodity Report, one of the most comprehensive commodities services available. It covers the market movements of 20 different commodities and provides bullish, bearish and neutral calls; directional trading recommendations, and actionable ideas for traders. Learn more.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The author always has positions in commodities markets in futures, options, ETF/ETN products, and commodity equities. These long and short positions tend to change on an intraday basis.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.