DIVY vs. PDBC
DIVY (Sound Equity Dividend Income ETF) and PDBC (Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF) are both exchange-traded funds - DIVY is a Dividend fund actively managed by Sound Income Strategies, while PDBC is a Commodities fund actively managed by Invesco. Both are actively managed. Over the past year, DIVY returned 25.81% vs 35.58% for PDBC. Their -0.01 correlation means they have often moved in opposite directions in the past. DIVY charges 0.45%/yr vs 0.58%/yr for PDBC.
Performance
DIVY vs. PDBC - Performance Comparison
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Returns By Period
In the year-to-date period, DIVY achieves a 18.65% return, which is significantly lower than PDBC's 28.15% return.
DIVY
- 1D
- -0.14%
- 1M
- 4.18%
- 6M
- 9.72%
- YTD
- 18.65%
- 1Y
- 25.81%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 13.93%
PDBC
- 1D
- 0.47%
- 1M
- 5.47%
- 6M
- 18.25%
- YTD
- 28.15%
- 1Y
- 35.58%
- 3Y*
- 9.41%
- 5Y*
- 11.02%
- 10Y*
- 8.61%
- ALL TIME*
- 3.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $55.43K | $84.71K | $74.40K | |
| $121.86M | $152.61M | $122.20M |
DIVY vs. PDBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DIVY Sound Equity Dividend Income ETF | 18.65% | 7.38% | 3.51% |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 28.15% | 5.96% | -3.84% |
Correlation
The correlation between DIVY and PDBC is -0.18, 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. | -0.18 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2024 | -0.01 |
The correlation between DIVY and PDBC shifts across timeframes, from -0.18 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DIVY vs. PDBC — Risk / Return Rank
DIVY
PDBC
DIVY vs. PDBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sound Equity Dividend Income ETF (DIVY) 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.
| DIVY | PDBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.31 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.86 | 2.16 | +0.70 |
| Martin ratioReturn relative to average drawdown | 9.44 | 7.07 | +2.37 |
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Drawdowns
DIVY vs. PDBC - Drawdown Comparison
The maximum DIVY drawdown since its inception was -18.35%, smaller than the maximum PDBC drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for DIVY and PDBC.
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Drawdown Indicators
| DIVY | PDBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.35% | -49.52% | +31.17% |
Max Drawdown (1Y)Largest decline over 1 year | -9.06% | -16.55% | +7.49% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.55% | — |
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 | -0.30% | -10.21% | +9.91% |
Average DrawdownAverage peak-to-trough decline | -3.13% | -23.02% | +19.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 5.05% | -2.31% |
Volatility
DIVY vs. PDBC - Volatility Comparison
The current volatility for Sound Equity Dividend Income ETF (DIVY) is 5.40%, while Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) has a volatility of 7.58%. This indicates that DIVY experiences smaller price fluctuations and is considered to be less risky 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
| DIVY | PDBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.40% | 7.58% | -2.18% |
Volatility (6M)Calculated over the trailing 6-month period | 9.99% | 16.65% | -6.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.91% | 19.73% | -6.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.67% | 19.28% | -3.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.67% | 17.85% | -2.18% |
DIVY vs. PDBC - Expense Ratio Comparison
DIVY has a 0.45% expense ratio, which is lower than PDBC's 0.58% expense ratio.
Dividends
DIVY vs. PDBC - Dividend Comparison
DIVY's dividend yield for the trailing twelve months is around 2.87%, less than PDBC's 3.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DIVY Sound Equity Dividend Income ETF | 2.87% | 3.68% | 2.94% | 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 | 3.00% | 3.84% | 4.42% | 4.21% | 13.05% | 50.83% | 0.01% | 1.40% | 1.00% | 3.83% | 6.51% |
Frequently Asked Questions
DIVY 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.
PDBC has higher volatility (7.58%) compared to DIVY (5.40%). In terms of maximum drawdown, DIVY dropped -18.35% vs PDBC's -49.52%.
On 1-year performance, PDBC leads with 35.58% vs 25.81% for DIVY. On fees, DIVY is cheaper at 0.45% per year. On volatility, DIVY has been the lower-risk option at 5.40%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, PDBC has performed better with a 35.58% return vs 25.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DIVY is cheaper with a 0.45% expense ratio, compared with 0.58% for PDBC.
PDBC has the higher dividend yield at 3.00%, compared with 2.87% for DIVY.
DIVY is categorized as Dividend, while PDBC is Commodities. They also come from different issuers: Sound Income Strategies and Invesco. Their fees differ too: 0.45% for DIVY and 0.58% for PDBC.
DIVY currently has the higher Sharpe Ratio (2.01 vs 1.81), 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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