JRE vs. PDBC
Compare and contrast key facts about Janus Henderson U.S. Real Estate ETF (JRE) and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC).
JRE and PDBC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JRE is an actively managed fund by Janus Henderson. It was launched on Jun 22, 2021. PDBC is an actively managed fund by Invesco. It was launched on Nov 7, 2014.
Performance
JRE vs. PDBC - Performance Comparison
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JRE vs. PDBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
JRE Janus Henderson U.S. Real Estate ETF | 5.45% | 2.97% | 7.65% | 8.79% | -23.47% | 16.45% |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 30.72% | 5.96% | 2.09% | -6.25% | 19.23% | 9.12% |
Returns By Period
In the year-to-date period, JRE achieves a 5.45% return, which is significantly lower than PDBC's 30.72% return.
JRE
- 1D
- 1.61%
- 1M
- -4.93%
- YTD
- 5.45%
- 6M
- 5.25%
- 1Y
- 8.43%
- 3Y*
- 7.24%
- 5Y*
- —
- 10Y*
- —
PDBC
- 1D
- -1.03%
- 1M
- 16.09%
- YTD
- 30.72%
- 6M
- 33.97%
- 1Y
- 32.00%
- 3Y*
- 11.28%
- 5Y*
- 14.29%
- 10Y*
- 9.86%
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JRE vs. PDBC - Expense Ratio Comparison
JRE has a 0.65% expense ratio, which is higher than PDBC's 0.58% expense ratio.
Return for Risk
JRE vs. PDBC — Risk / Return Rank
JRE
PDBC
JRE vs. PDBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson U.S. Real Estate ETF (JRE) 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.
| JRE | PDBC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.51 | 1.72 | -1.21 |
Sortino ratioReturn per unit of downside risk | 0.80 | 2.31 | -1.51 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.31 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 0.73 | 3.04 | -2.31 |
Martin ratioReturn relative to average drawdown | 3.31 | 7.48 | -4.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JRE | PDBC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.51 | 1.72 | -1.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.76 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.56 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.22 | -0.07 |
Correlation
The correlation between JRE and PDBC is 0.09, 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.
Dividends
JRE vs. PDBC - Dividend Comparison
JRE's dividend yield for the trailing twelve months is around 5.36%, more than PDBC's 2.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
JRE Janus Henderson U.S. Real Estate ETF | 5.36% | 5.81% | 2.20% | 2.77% | 2.87% | 0.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 2.94% | 3.84% | 4.42% | 4.21% | 13.05% | 50.83% | 0.01% | 1.40% | 1.00% | 3.83% | 6.51% |
Drawdowns
JRE vs. PDBC - Drawdown Comparison
The maximum JRE drawdown since its inception was -31.69%, smaller than the maximum PDBC drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for JRE and PDBC.
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Drawdown Indicators
| JRE | PDBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.69% | -49.52% | +17.83% |
Max Drawdown (1Y)Largest decline over 1 year | -12.93% | -11.07% | -1.86% |
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 | -5.10% | -1.03% | -4.07% |
Average DrawdownAverage peak-to-trough decline | -13.05% | -23.53% | +10.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 4.50% | -1.63% |
Volatility
JRE vs. PDBC - Volatility Comparison
The current volatility for Janus Henderson U.S. Real Estate ETF (JRE) is 4.85%, while Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) has a volatility of 8.15%. This indicates that JRE 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
| JRE | PDBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.85% | 8.15% | -3.30% |
Volatility (6M)Calculated over the trailing 6-month period | 9.19% | 13.88% | -4.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.57% | 18.72% | -2.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.86% | 18.92% | -0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.86% | 17.69% | +1.17% |