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

Correlation

The correlation between GSG 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

GSG vs. PDBC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P GSCI Commodity-Indexed Trust (GSG) and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%20.00%NovemberDecember2025FebruaryMarchApril
-20.39%
9.69%
GSG
PDBC

Key characteristics

Sharpe Ratio

GSG:

-0.23

PDBC:

-0.34

Sortino Ratio

GSG:

-0.21

PDBC:

-0.37

Omega Ratio

GSG:

0.98

PDBC:

0.96

Calmar Ratio

GSG:

-0.06

PDBC:

-0.19

Martin Ratio

GSG:

-0.71

PDBC:

-0.90

Ulcer Index

GSG:

5.75%

PDBC:

5.85%

Daily Std Dev

GSG:

17.54%

PDBC:

15.67%

Max Drawdown

GSG:

-89.62%

PDBC:

-49.52%

Current Drawdown

GSG:

-71.41%

PDBC:

-23.40%

Returns By Period

In the year-to-date period, GSG achieves a -0.87% return, which is significantly higher than PDBC's -1.23% return. Over the past 10 years, GSG has underperformed PDBC with an annualized return of 0.35%, while PDBC has yielded a comparatively higher 2.92% annualized return.


GSG

YTD

-0.87%

1M

-3.92%

6M

1.12%

1Y

-4.22%

5Y*

21.27%

10Y*

0.35%

PDBC

YTD

-1.23%

1M

-4.82%

6M

-2.18%

1Y

-5.62%

5Y*

16.54%

10Y*

2.92%

*Annualized

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GSG vs. PDBC - Expense Ratio Comparison

GSG has a 0.75% expense ratio, which is higher than PDBC's 0.58% expense ratio.


Expense ratio chart for GSG: current value is 0.75%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GSG: 0.75%
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

GSG vs. PDBC — Risk-Adjusted Performance Rank

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

GSG
The Risk-Adjusted Performance Rank of GSG is 1212
Overall Rank
The Sharpe Ratio Rank of GSG is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of GSG is 1111
Sortino Ratio Rank
The Omega Ratio Rank of GSG is 1111
Omega Ratio Rank
The Calmar Ratio Rank of GSG is 1818
Calmar Ratio Rank
The Martin Ratio Rank of GSG is 1010
Martin Ratio Rank

PDBC
The Risk-Adjusted Performance Rank of PDBC is 99
Overall Rank
The Sharpe Ratio Rank of PDBC is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of PDBC is 88
Sortino Ratio Rank
The Omega Ratio Rank of PDBC is 88
Omega Ratio Rank
The Calmar Ratio Rank of PDBC is 1111
Calmar Ratio Rank
The Martin Ratio Rank of PDBC is 88
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.

GSG vs. PDBC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P GSCI Commodity-Indexed Trust (GSG) 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 GSG, currently valued at -0.23, compared to the broader market-1.000.001.002.003.004.00
GSG: -0.23
PDBC: -0.34
The chart of Sortino ratio for GSG, currently valued at -0.21, compared to the broader market-2.000.002.004.006.008.00
GSG: -0.21
PDBC: -0.37
The chart of Omega ratio for GSG, currently valued at 0.97, compared to the broader market0.501.001.502.002.50
GSG: 0.98
PDBC: 0.96
The chart of Calmar ratio for GSG, currently valued at -0.15, compared to the broader market0.002.004.006.008.0010.0012.00
GSG: -0.15
PDBC: -0.19
The chart of Martin ratio for GSG, currently valued at -0.71, compared to the broader market0.0020.0040.0060.00
GSG: -0.71
PDBC: -0.90

The current GSG Sharpe Ratio is -0.23, which is higher than the PDBC Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of GSG 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-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
-0.23
-0.34
GSG
PDBC

Dividends

GSG vs. PDBC - Dividend Comparison

GSG has not paid dividends to shareholders, while PDBC's dividend yield for the trailing twelve months is around 4.48%.


TTM202420232022202120202019201820172016
GSG
iShares S&P GSCI Commodity-Indexed Trust
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
4.48%4.42%4.21%13.05%50.83%0.01%1.40%1.00%3.83%6.51%

Drawdowns

GSG vs. PDBC - Drawdown Comparison

The maximum GSG drawdown since its inception was -89.62%, which is greater than PDBC's maximum drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for GSG and PDBC. For additional features, visit the drawdowns tool.


-28.00%-26.00%-24.00%-22.00%-20.00%-18.00%-16.00%-14.00%NovemberDecember2025FebruaryMarchApril
-20.39%
-23.40%
GSG
PDBC

Volatility

GSG vs. PDBC - Volatility Comparison

iShares S&P GSCI Commodity-Indexed Trust (GSG) has a higher volatility of 9.26% compared to Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) at 8.22%. This indicates that GSG'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.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
9.26%
8.22%
GSG
PDBC