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DJP vs. PDBC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between DJP and PDBC is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.3

Performance

DJP vs. PDBC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iPath Bloomberg Commodity Index Total Return ETN (DJP) and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril0
9.94%
DJP
PDBC

Key characteristics

Sharpe Ratio

DJP:

0.30

PDBC:

-0.35

Sortino Ratio

DJP:

0.54

PDBC:

-0.39

Omega Ratio

DJP:

1.07

PDBC:

0.95

Calmar Ratio

DJP:

0.08

PDBC:

-0.20

Martin Ratio

DJP:

0.73

PDBC:

-0.93

Ulcer Index

DJP:

6.50%

PDBC:

5.87%

Daily Std Dev

DJP:

15.84%

PDBC:

15.67%

Max Drawdown

DJP:

-78.35%

PDBC:

-49.52%

Current Drawdown

DJP:

-53.48%

PDBC:

-23.22%

Returns By Period

In the year-to-date period, DJP achieves a 6.01% return, which is significantly higher than PDBC's -1.00% return. Over the past 10 years, DJP has underperformed PDBC with an annualized return of 1.55%, while PDBC has yielded a comparatively higher 2.92% annualized return.


DJP

YTD

6.01%

1M

-2.66%

6M

5.26%

1Y

4.58%

5Y*

16.49%

10Y*

1.55%

PDBC

YTD

-1.00%

1M

-4.81%

6M

-2.31%

1Y

-5.93%

5Y*

16.88%

10Y*

2.92%

*Annualized

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DJP vs. PDBC - Expense Ratio Comparison

DJP has a 0.70% expense ratio, which is higher than PDBC's 0.58% expense ratio.


Expense ratio chart for DJP: current value is 0.70%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
DJP: 0.70%
Expense ratio chart for PDBC: current value is 0.58%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PDBC: 0.58%

Risk-Adjusted Performance

DJP vs. PDBC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DJP
The Risk-Adjusted Performance Rank of DJP is 3939
Overall Rank
The Sharpe Ratio Rank of DJP is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of DJP is 4343
Sortino Ratio Rank
The Omega Ratio Rank of DJP is 4040
Omega Ratio Rank
The Calmar Ratio Rank of DJP is 2929
Calmar Ratio Rank
The Martin Ratio Rank of DJP is 3838
Martin Ratio Rank

PDBC
The Risk-Adjusted Performance Rank of PDBC is 88
Overall Rank
The Sharpe Ratio Rank of PDBC is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of PDBC is 77
Sortino Ratio Rank
The Omega Ratio Rank of PDBC is 88
Omega Ratio Rank
The Calmar Ratio Rank of PDBC is 1010
Calmar Ratio Rank
The Martin Ratio Rank of PDBC is 77
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DJP vs. PDBC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iPath Bloomberg Commodity Index Total Return ETN (DJP) 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.


The chart of Sharpe ratio for DJP, currently valued at 0.30, compared to the broader market-1.000.001.002.003.004.00
DJP: 0.30
PDBC: -0.35
The chart of Sortino ratio for DJP, currently valued at 0.54, compared to the broader market-2.000.002.004.006.008.00
DJP: 0.54
PDBC: -0.39
The chart of Omega ratio for DJP, currently valued at 1.07, compared to the broader market0.501.001.502.002.50
DJP: 1.07
PDBC: 0.95
The chart of Calmar ratio for DJP, currently valued at 0.17, compared to the broader market0.002.004.006.008.0010.0012.00
DJP: 0.17
PDBC: -0.20
The chart of Martin ratio for DJP, currently valued at 0.73, compared to the broader market0.0020.0040.0060.00
DJP: 0.73
PDBC: -0.93

The current DJP Sharpe Ratio is 0.30, which is higher than the PDBC Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of DJP and PDBC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50NovemberDecember2025FebruaryMarchApril
0.30
-0.35
DJP
PDBC

Dividends

DJP vs. PDBC - Dividend Comparison

DJP has not paid dividends to shareholders, while PDBC's dividend yield for the trailing twelve months is around 4.47%.


TTM202420232022202120202019201820172016
DJP
iPath Bloomberg Commodity Index Total Return ETN
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
4.47%4.42%4.21%13.05%50.83%0.01%1.40%1.00%3.83%6.51%

Drawdowns

DJP vs. PDBC - Drawdown Comparison

The maximum DJP drawdown since its inception was -78.35%, which is greater than PDBC's maximum drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for DJP and PDBC. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%NovemberDecember2025FebruaryMarchApril
-17.43%
-23.22%
DJP
PDBC

Volatility

DJP vs. PDBC - Volatility Comparison

iPath Bloomberg Commodity Index Total Return ETN (DJP) and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) have volatilities of 8.26% and 8.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%NovemberDecember2025FebruaryMarchApril
8.26%
8.23%
DJP
PDBC