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
| ISIN | US73937V1061 |
|---|---|
| CUSIP | 73937V106 |
| Issuer | Invesco |
| Inception Date | Nov 7, 2014 |
| Category | Commodities, Actively Managed |
| Index Tracked | No Index (Active) |
| Home Page | www.invesco.com |
| Asset Class | Commodity |
Expense Ratio
The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a high expense ratio of 0.58%, indicating higher-than-average management fees.
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 6.92% year-to-date (YTD) and 3.10% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.92% | 6.30% |
| 1 month | 3.64% | -3.13% |
| 6 months | -0.03% | 19.37% |
| 1 year | 3.10% | 22.56% |
| 5 years (annualized) | 9.11% | 11.65% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.65% | -1.92% | 4.60% | |||||||||
| 2023 | 1.36% | -1.81% | -2.32% | -3.37% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF(PDBC)
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 granted a 3.94% dividend yield in the last twelve months. The annual payout for that period amounted to $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 | 3.94% | 4.21% | 13.05% | 50.83% | 0.01% | 1.40% | 1.00% | 3.83% | 6.51% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 2016 | $1.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 18.78%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.52% | Nov 10, 2014 | 1342 | Apr 28, 2020 | 370 | Oct 14, 2021 | 1712 |
| -27.47% | Jun 10, 2022 | 244 | May 31, 2023 | — | — | — |
| -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 2.93%, 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.