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Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA) Sharpe Ratio: 0.40

ETF · Currency in USD · Last updated Jun 23, 2026

Invesco Agriculture Commodity Strategy No K-1 ETF is an actively managed ETF that aims for long-term capital appreciation by investing in agricultural commodity futures, commodity-linked futures, and related collateral, seeking to outperform the DBIQ Diversified Agriculture Index Excess Return Index.

PDBA's Sharpe Ratio of 0.40 indicates that for each unit of volatility, it generates 0.40 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

PDBA Sharpe Ratio Rank

PDBA Sharpe Ratio Rank: 14.214
Concerning

PDBA ranks above 14.2% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

PDBA Sharpe Ratio Market Positioning

The chart shows PDBA's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.31
  • Green zone (top 25%): 2.31 or higher
  • Top 1%: 7.36+
  • Median: 1.67 — half of all investments score higher

How it compares to other similar ETFs

The table compares Invesco Agriculture Commodity Strategy No K-1 ETF's Sharpe Ratio with other ETFs in the Agricultural Commodities category across multiple time periods, showing how PDBA's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
SOYBTeucrium Soybean Fund0.68
DBAInvesco DB Agriculture Fund0.43
PDBAInvesco Agriculture Commodity Strategy No K-1 ETF0.40
WEATTeucrium Wheat Fund-0.24
WXETTeucrium 2x Daily Wheat ETF-0.37
TAGSTeucrium Agricultural Fund-0.39
CORNTeucrium Corn Fund-0.56
CANETeucrium Sugar Fund-0.80
CXRNTeucrium 2x Daily Corn ETF-0.83

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows PDBA's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when PDBA consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does PDBA fit in your portfolio?

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