iMGP DBi Managed Futures Strategy ETF(DBMF · ETF)
ETF quote, holdings, sector allocation, technicals, and options analytics.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
- 52-Week Range
- $26.52 – $31.66
- YTD
- +11.69%
- IV Rank (30D)
- 32.61
- Straddle Price
- $3.75
iMGP DBi Managed Futures Strategy ETF (DBMF) ETF
- Exchange
- ARCX
- Inception
- 2019-05-07
- Has Options
- Yes
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-06-29 | 2026-06-30 | $0.1529 | CD |
| 2026-03-30 | 2026-03-31 | $0.1186 | CD |
| 2025-12-30 | 2025-12-31 | $1.1680 | CD |
| 2025-09-29 | 2025-09-30 | $0.1411 | CD |
| 2025-06-27 | 2025-06-30 | $0.1714 | CD |
| 2025-03-27 | 2025-03-31 | $0.1789 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | United States Treasury | 50.77% | Short-term investment | US |
| — | United States Treasury | 11.05% | Short-term investment | US |
| — | United States Treasury | 8.17% | Short-term investment | US |
| — | United States Treasury | 2.87% | Short-term investment | US |
| — | United States Treasury | 1.06% | Short-term investment | US |
| — | Commodities Exchange Center | 0.56% | Derivative (commodity) | US |
| — | Fixed Income Clearing Corp. | 0.54% | Repurchase agreement | US |
| — | Chicago Mercantile Exchange | 0.47% | Derivative (equity) | US |
| — | United States Treasury | 0.45% | Short-term investment | US |
| — | Chicago Board of Trade | 0.19% | Derivative (interest rate) | US |
| — | ICE Futures U.S., Inc. | 0.04% | Derivative (equity) | US |
| — | Chicago Mercantile Exchange | 0.03% | Derivative (FX) | US |
| — | Chicago Board of Trade | 0.03% | Derivative (interest rate) | US |
| — | Chicago Board of Trade | -0.04% | Derivative (interest rate) | US |
| — | Chicago Mercantile Exchange | -0.04% | Derivative (FX) | US |
| — | New York Mercantile Exchange | -0.23% | Derivative (commodity) | US |
| — | ICE Futures U.S., Inc. | -0.23% | Derivative (equity) | US |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 74.37% | $2.45B | 6 |
| Repurchase agreement | 0.54% | $17.7M | 1 |
| Derivative (commodity) | 0.34% | $11.1M | 2 |
| Derivative (equity) | 0.28% | $9.1M | 3 |
| Derivative (interest rate) | 0.18% | $5.9M | 3 |
| Derivative (FX) | -0.01% | $-172642 | 2 |
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | +0.77% | 6 |
| Feb | +3.09% | 6 |
| Mar | -1.30% | 6 |
| Apr | +2.73% | 6 |
| May | +0.01% | 6 |
| Jun | +1.24% | 6 |
| Jul | -0.97% | 6 |
| Aug | +0.44% | 6 |
| Sep | +2.33% | 6 |
| Oct | +1.35% | 5 |
| Nov | -2.60% | 5 |
| Dec | -4.09% | 5 |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
Here is my comprehensive stock analysis report for DBMF:
Executive Summary
- Overall assessment: NEUTRAL with confidence level 6/10
- Key drivers and primary risks:
- Technical signals point to a range-bound market, while recent news headlines suggest a potential breakout.
- Low volatility and correlation with the market reduce risk, but options market sentiment is neutral.
- Investment thesis: DBMF's technical indicators indicate a neutral trend, while recent news headlines may be driving the price. The stock has low volatility and correlation with the market, making it less risky.
- Recent news sentiment impact: Neutral sentiment in recent headlines does not significantly impact the analysis.
Technical Analysis
- Trend Direction:
- Short-term (1-4 weeks): Range-bound
- Medium-term (1-3 months): Neutral trend
- Long-term (3-12 months): Bullish trend (based on historical data)
- Support/Resistance Levels: $30.99 (lower Bollinger band) and $31.65 (upper Bollinger band)
- Momentum Signals:
- RSI interpretation: 55.68 (neutral), indicating no strong buying or selling pressure.
- MACD signal: Bullish, suggesting upward momentum.
- Bollinger Bands position: Neutral, with the price touching the middle band.
News & Sentiment Analysis
- Recent Headlines Summary:
- Trend-following ETFs beating the market (neutral sentiment)
- "Smart" portfolio strategy and hedge fund strategies getting ETF-ed (neutral sentiment)
- Cathie Wood's ARK Innovation ETF in a breakout mode (positive sentiment)
- Sentiment Assessment: Neutral overall, with no strong buying or selling pressure.
- Catalyst Identification:
- No immediate catalysts are evident from recent news headlines.
Risk & Volatility Assessment
- Beta Interpretation: Low risk relative to the market (beta 0.32).
- Volatility Regime: Low volatility - stock moves less than the market.
- Options Market Signals:
- IV Rank: Medium
- Put/Call Volume Ratio: Neutral sentiment
- Market Expectation: Options market pricing a $3.75 move by expiration.
Market Context & Positioning
- Sector Performance: DBMF's performance is in line with its sector.
- Institutional Activity: No significant institutional activity is evident from the options data.
- Correlation Analysis: Low correlation with the market (0.30), indicating less risk.
- Relative Valuation: The stock is within a trading range.
Key Levels & Action Items
- Critical Price Levels:
- Support at $30.99
- Resistance at $31.65
- Breakout/Breakdown Levels:
- Potential breakout above $31.65
- Potential breakdown below $30.99
- Time-Sensitive Catalysts: No immediate catalysts are evident from recent news headlines.
- Risk Management:
- Stop-loss levels should be set at or near the lower Bollinger band ($30.99).
- Position sizing considerations: With low volatility and correlation, a larger position can be considered.
This analysis provides a comprehensive overview of DBMF's technical and fundamental characteristics, including recent news headlines and options market signals. The report highlights both bullish and bearish cases, providing a neutral overall assessment with a confidence level of 6/10.
- IV Rank (30D)
- 32.61
- IV Rank (7D)
- 54.13
- Avg IV
- 35.8%
- Straddle (30D)
- $3.75
- Straddle (7D)
- $1.62
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
- Beta (1Y vs SPY)
- 0.32
- Correlation (SPY)
- 30.3%
- R²
- 0.09
- Ann. Volatility
- 13.4%
- SPY Volatility
- 12.8%
Low volatility - stock moves less than market
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| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
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