CMOP.L vs. PDBC
Compare and contrast key facts about Invesco Bloomberg Commodity UCITS ETF Acc (CMOP.L) and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC).
CMOP.L and PDBC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CMOP.L is a passively managed fund by Invesco that tracks the performance of the Bloomberg Commodity. It was launched on Jan 9, 2017. PDBC is an actively managed fund by Invesco. It was launched on Nov 7, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMOP.L or PDBC.
Correlation
The correlation between CMOP.L and PDBC is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CMOP.L vs. PDBC - Performance Comparison
Key characteristics
CMOP.L:
1.20
PDBC:
0.48
CMOP.L:
1.84
PDBC:
0.77
CMOP.L:
1.21
PDBC:
1.09
CMOP.L:
0.51
PDBC:
0.24
CMOP.L:
2.26
PDBC:
1.25
CMOP.L:
6.46%
PDBC:
5.26%
CMOP.L:
12.17%
PDBC:
13.72%
CMOP.L:
-28.78%
PDBC:
-49.52%
CMOP.L:
-14.82%
PDBC:
-19.22%
Returns By Period
In the year-to-date period, CMOP.L achieves a 7.14% return, which is significantly higher than PDBC's 4.16% return.
CMOP.L
7.14%
8.22%
12.37%
15.62%
8.89%
N/A
PDBC
4.16%
4.61%
1.75%
6.18%
9.58%
3.74%
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CMOP.L vs. PDBC - Expense Ratio Comparison
CMOP.L has a 0.19% expense ratio, which is lower than PDBC's 0.58% expense ratio.
Risk-Adjusted Performance
CMOP.L vs. PDBC — Risk-Adjusted Performance Rank
CMOP.L
PDBC
CMOP.L vs. PDBC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg Commodity UCITS ETF Acc (CMOP.L) 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.
Dividends
CMOP.L vs. PDBC - Dividend Comparison
CMOP.L has not paid dividends to shareholders, while PDBC's dividend yield for the trailing twelve months is around 4.25%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMOP.L Invesco Bloomberg Commodity UCITS ETF Acc | 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 | 4.25% | 4.43% | 4.21% | 13.04% | 50.83% | 0.01% | 1.40% | 1.00% | 3.83% | 6.50% |
Drawdowns
CMOP.L vs. PDBC - Drawdown Comparison
The maximum CMOP.L drawdown since its inception was -28.78%, smaller than the maximum PDBC drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for CMOP.L and PDBC. For additional features, visit the drawdowns tool.
Volatility
CMOP.L vs. PDBC - Volatility Comparison
Invesco Bloomberg Commodity UCITS ETF Acc (CMOP.L) has a higher volatility of 3.85% compared to Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) at 3.43%. This indicates that CMOP.L'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.