Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC)
PDBC, or the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, is an actively managed exchange-traded fund that seeks to provide exposure to the performance of a variety of commodities, including energy, agricultural, and precious and base metals. The fund is managed by Invesco, a leading global investment management firm, and uses a variety of investment strategies to achieve its investment objective.
PDBC was launched on November 7, 2014, with an expense ratio of 0.58%.
ETF Info
US73937V1061
73937V106
Nov 7, 2014
1x
No Index (Active)
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF had a return of 2.48% year-to-date (YTD) and -1.93% in the last 12 months. Over the past 10 years, Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF had an annualized return of 1.35%, while the S&P 500 had an annualized return of 11.21%, indicating that Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF did not perform as well as the benchmark.
PDBC
2.48%
-0.58%
-4.08%
-1.93%
9.25%
1.35%
^GSPC (Benchmark)
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Monthly Returns
The table below presents the monthly returns of PDBC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.65% | -1.92% | 4.60% | 1.66% | -0.35% | 0.00% | -3.20% | -1.91% | 0.67% | 1.56% | 2.48% | ||
| 2023 | 1.15% | -4.82% | -0.07% | -0.49% | -6.50% | 2.83% | 8.71% | -0.27% | 1.36% | -1.81% | -2.32% | -3.37% | -6.25% |
| 2022 | 7.82% | 6.73% | 9.02% | 5.73% | 4.61% | -7.54% | -2.33% | -1.42% | -6.85% | 5.07% | 1.29% | -2.65% | 19.23% |
| 2021 | 3.21% | 10.35% | -0.83% | 8.09% | 3.92% | 3.77% | 1.39% | -1.67% | 5.09% | 5.13% | -8.41% | 6.69% | 41.72% |
| 2020 | -8.64% | -6.48% | -16.47% | -2.88% | 7.49% | 4.86% | 4.79% | 4.79% | -3.80% | -3.22% | 9.60% | 5.25% | -7.84% |
| 2019 | 7.30% | 2.91% | -0.18% | 1.20% | -6.01% | 3.61% | -0.86% | -4.87% | 1.17% | 1.79% | -0.13% | 5.75% | 11.44% |
| 2018 | 3.15% | -3.33% | 2.13% | 3.71% | 2.22% | -2.02% | -2.49% | 0.89% | 3.36% | -5.49% | -10.74% | -3.88% | -12.78% |
| 2017 | -0.46% | -0.17% | -3.15% | -2.53% | -1.73% | -0.94% | 4.12% | 0.30% | 2.25% | 3.62% | 0.97% | 2.97% | 5.06% |
| 2016 | -5.00% | -0.14% | 4.05% | 9.99% | 0.82% | 4.39% | -6.90% | 0.96% | 4.00% | -0.17% | 1.44% | 4.32% | 18.03% |
| 2015 | -5.15% | 3.95% | -6.13% | 6.94% | -3.50% | 0.32% | -9.71% | -2.06% | -3.15% | 0.80% | -5.95% | -5.96% | -26.85% |
| 2014 | -6.89% | -9.23% | -15.49% |
Expense Ratio
PDBC features an expense ratio of 0.58%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PDBC is 5, indicating that it is in the bottom 5% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF provided a 4.11% dividend yield over the last twelve months, with an annual payout of $0.56 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.56 | $0.56 | $1.93 | $7.15 | $0.00 | $0.23 | $0.15 | $0.67 | $1.12 |
Dividend yield | 4.11% | 4.21% | 13.04% | 50.83% | 0.01% | 1.40% | 1.00% | 3.83% | 6.50% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 | $0.56 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.93 | $1.93 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $7.15 | $7.15 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.67 | $0.67 |
| 2016 | $1.12 | $1.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF was 49.52%, occurring on Apr 28, 2020. Recovery took 370 trading sessions.
The current Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF drawdown is 22.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.52% | Nov 10, 2014 | 1342 | Apr 28, 2020 | 370 | Oct 14, 2021 | 1712 |
| -27.63% | Jun 10, 2022 | 565 | Sep 10, 2024 | — | — | — |
| -13.22% | Mar 9, 2022 | 6 | Mar 16, 2022 | 22 | Apr 18, 2022 | 28 |
| -11.62% | Oct 21, 2021 | 29 | Dec 1, 2021 | 32 | Jan 18, 2022 | 61 |
| -5.4% | Apr 19, 2022 | 16 | May 10, 2022 | 12 | May 26, 2022 | 28 |
Volatility
Volatility Chart
The current Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF volatility is 4.85%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.