AMPX vs. PDBC
AMPX (Amprius Technologies Inc.) is a stock, while PDBC (Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF) is Commodities fund actively managed by Invesco. Over the past 3 years, AMPX returned 13.09%/yr vs 11.01%/yr for PDBC. At a 0.12 correlation, their price movements are largely independent.
Performance
AMPX vs. PDBC - Performance Comparison
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Returns By Period
In the year-to-date period, AMPX achieves a 43.73% return, which is significantly higher than PDBC's 29.58% return.
AMPX
- 1D
- 1.98%
- 1M
- -32.58%
- 6M
- 9.46%
- YTD
- 43.73%
- 1Y
- 51.40%
- 3Y*
- 13.09%
- 5Y*
- —
- 10Y*
- —
PDBC
- 1D
- 0.53%
- 1M
- 1.66%
- 6M
- 23.70%
- YTD
- 29.58%
- 1Y
- 34.21%
- 3Y*
- 11.01%
- 5Y*
- 11.32%
- 10Y*
- 8.31%
AMPX vs. PDBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AMPX Amprius Technologies Inc. | 43.73% | 181.79% | -47.07% | -33.29% | -11.99% |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 29.58% | 5.96% | 2.09% | -6.25% | -3.43% |
Correlation
The correlation between AMPX and PDBC is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2022 | 0.12 |
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Return for Risk
AMPX vs. PDBC — Risk / Return Rank
AMPX
PDBC
AMPX vs. PDBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amprius Technologies Inc. (AMPX) and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMPX | PDBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.31 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.00 | 2.08 | -1.08 |
| Martin ratioReturn relative to average drawdown | 2.26 | 7.21 | -4.94 |
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Drawdowns
AMPX vs. PDBC - Drawdown Comparison
The maximum AMPX drawdown since its inception was -94.49%, which is greater than PDBC's maximum drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for AMPX and PDBC.
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Drawdown Indicators
| AMPX | PDBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.49% | -49.52% | -44.97% |
Max Drawdown (1Y)Largest decline over 1 year | -51.64% | -16.55% | -35.09% |
Max Drawdown (3Y)Largest decline over 3 years | -91.14% | -16.55% | -74.59% |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.73% | — |
Current DrawdownCurrent decline from peak | -50.50% | -9.20% | -41.30% |
Average DrawdownAverage peak-to-trough decline | -54.67% | -23.10% | -31.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.78% | 4.76% | +18.02% |
Volatility
AMPX vs. PDBC - Volatility Comparison
Amprius Technologies Inc. (AMPX) has a higher volatility of 26.29% compared to Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) at 6.21%. This indicates that AMPX's price experiences larger fluctuations and is considered to be riskier than PDBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMPX | PDBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.29% | 6.21% | +20.08% |
Volatility (6M)Calculated over the trailing 6-month period | 80.54% | 16.75% | +63.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 106.45% | 18.87% | +87.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 128.05% | 19.23% | +108.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 128.05% | 17.76% | +110.29% |
Dividends
AMPX vs. PDBC - Dividend Comparison
AMPX has not paid dividends to shareholders, while PDBC's dividend yield for the trailing twelve months is around 2.96%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AMPX Amprius Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 2.96% | 3.84% | 4.42% | 4.21% | 13.05% | 50.83% | 0.01% | 1.40% | 1.00% | 3.83% | 6.51% |
Frequently Asked Questions
AMPX and PDBC have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMPX has higher volatility (26.29%) compared to PDBC (6.21%). In terms of maximum drawdown, AMPX dropped -94.49% vs PDBC's -49.52%.
PDBC currently has the higher Sharpe Ratio (1.82 vs 0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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