CPB vs. PDBC
CPB (Campbell Soup Company) 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 10 years, CPB returned -6.36%/yr vs 8.78%/yr for PDBC. Their -0.00 correlation means they have often moved in opposite directions in the past.
Performance
CPB vs. PDBC - Performance Comparison
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Returns By Period
In the year-to-date period, CPB achieves a -15.68% return, which is significantly lower than PDBC's 30.19% return. Over the past 10 years, CPB has underperformed PDBC with an annualized return of -6.36%, while PDBC has yielded a comparatively higher 8.78% annualized return.
CPB
- 1D
- 1.77%
- 1M
- -4.07%
- 6M
- -15.90%
- YTD
- -15.68%
- 1Y
- -26.41%
- 3Y*
- -17.23%
- 5Y*
- -8.48%
- 10Y*
- -6.36%
- ALL TIME*
- 6.60%
PDBC
- 1D
- -1.77%
- 1M
- 8.70%
- 6M
- 23.48%
- YTD
- 30.19%
- 1Y
- 36.16%
- 3Y*
- 9.99%
- 5Y*
- 11.53%
- 10Y*
- 8.78%
- ALL TIME*
- 3.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $126.79M | $132.70M | $187.06M | |
| $116.66M | $151.96M | $123.92M |
CPB vs. PDBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPB Campbell Soup Company | -15.68% | -30.47% | 0.09% | -21.45% | 34.84% | -7.19% | 0.72% | 55.19% | -29.12% | -18.30% |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 30.19% | 5.96% | 2.09% | -6.25% | 19.23% | 41.72% | -7.84% | 11.44% | -12.78% | 5.06% |
Correlation
The correlation between CPB and PDBC is -0.15, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.15 |
Correlation (3Y) Balances recent behavior with more history. | -0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.03 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.02 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2014 | -0.00 |
The correlation between CPB and PDBC shifts across timeframes, from -0.15 (1 year) to -0.00 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CPB vs. PDBC — Risk / Return Rank
CPB
PDBC
CPB vs. PDBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Campbell Soup Company (CPB) 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.
| CPB | PDBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.70 | ||
| Sortino ratioReturn per unit of downside risk | -3.59 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.31 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | 2.20 | -2.88 |
| Martin ratioReturn relative to average drawdown | -1.12 | 7.30 | -8.42 |
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Drawdowns
CPB vs. PDBC - Drawdown Comparison
The maximum CPB drawdown since its inception was -64.65%, which is greater than PDBC's maximum drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for CPB and PDBC.
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Drawdown Indicators
| CPB | PDBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.65% | -49.52% | -15.13% |
Max Drawdown (1Y)Largest decline over 1 year | -38.53% | -16.55% | -21.98% |
Max Drawdown (3Y)Largest decline over 3 years | -58.07% | -16.55% | -41.52% |
Max Drawdown (5Y)Largest decline over 5 years | -60.04% | -27.63% | -32.41% |
Max Drawdown (10Y)Largest decline over 10 years | -60.04% | -40.73% | -19.31% |
Current DrawdownCurrent decline from peak | -54.55% | -8.78% | -45.77% |
Average DrawdownAverage peak-to-trough decline | -22.30% | -23.03% | +0.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.68% | 4.97% | +18.71% |
Volatility
CPB vs. PDBC - Volatility Comparison
Campbell Soup Company (CPB) has a higher volatility of 10.26% compared to Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) at 7.36%. This indicates that CPB'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
| CPB | PDBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.26% | 7.36% | +2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 24.49% | 17.16% | +7.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.27% | 19.65% | +11.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.83% | 19.28% | +5.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.85% | 17.84% | +8.01% |
Dividends
CPB vs. PDBC - Dividend Comparison
CPB's dividend yield for the trailing twelve months is around 6.97%, more than PDBC's 2.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPB Campbell Soup Company | 6.97% | 5.60% | 3.53% | 3.42% | 2.61% | 3.41% | 2.90% | 2.83% | 4.24% | 2.91% | 2.13% | 2.37% |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 2.95% | 3.84% | 4.42% | 4.21% | 13.05% | 50.83% | 0.01% | 1.40% | 1.00% | 3.83% | 6.51% | 0.00% |
Frequently Asked Questions
CPB and PDBC have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CPB has higher volatility (10.26%) compared to PDBC (7.36%). In terms of maximum drawdown, CPB dropped -64.65% vs PDBC's -49.52%.
PDBC currently has the higher Sharpe Ratio (1.85 vs -0.85), 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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