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

Correlation

The correlation between PDBC and GSG 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

PDBC vs. GSG - Performance Comparison

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

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

Key characteristics

Sharpe Ratio

PDBC:

-0.34

GSG:

-0.23

Sortino Ratio

PDBC:

-0.37

GSG:

-0.21

Omega Ratio

PDBC:

0.96

GSG:

0.98

Calmar Ratio

PDBC:

-0.19

GSG:

-0.06

Martin Ratio

PDBC:

-0.90

GSG:

-0.71

Ulcer Index

PDBC:

5.85%

GSG:

5.75%

Daily Std Dev

PDBC:

15.67%

GSG:

17.54%

Max Drawdown

PDBC:

-49.52%

GSG:

-89.62%

Current Drawdown

PDBC:

-23.40%

GSG:

-71.41%

Returns By Period

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


PDBC

YTD

-1.23%

1M

-4.82%

6M

-2.18%

1Y

-5.62%

5Y*

16.54%

10Y*

2.92%

GSG

YTD

-0.87%

1M

-3.92%

6M

1.12%

1Y

-4.22%

5Y*

21.27%

10Y*

0.35%

*Annualized

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PDBC vs. GSG - Expense Ratio Comparison

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

PDBC vs. GSG — Risk-Adjusted Performance Rank

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

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

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
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.

PDBC vs. GSG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) and iShares S&P GSCI Commodity-Indexed Trust (GSG). 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 PDBC, currently valued at -0.34, compared to the broader market-1.000.001.002.003.004.00
PDBC: -0.34
GSG: -0.23
The chart of Sortino ratio for PDBC, currently valued at -0.37, compared to the broader market-2.000.002.004.006.008.00
PDBC: -0.37
GSG: -0.21
The chart of Omega ratio for PDBC, currently valued at 0.96, compared to the broader market0.501.001.502.002.50
PDBC: 0.96
GSG: 0.98
The chart of Calmar ratio for PDBC, currently valued at -0.19, compared to the broader market0.002.004.006.008.0010.0012.00
PDBC: -0.19
GSG: -0.15
The chart of Martin ratio for PDBC, currently valued at -0.90, compared to the broader market0.0020.0040.0060.00
PDBC: -0.90
GSG: -0.71

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

Dividends

PDBC vs. GSG - Dividend Comparison

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


TTM202420232022202120202019201820172016
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%
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%

Drawdowns

PDBC vs. GSG - Drawdown Comparison

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


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

Volatility

PDBC vs. GSG - Volatility Comparison

The current volatility for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is 8.22%, while iShares S&P GSCI Commodity-Indexed Trust (GSG) has a volatility of 9.26%. This indicates that PDBC experiences smaller price fluctuations and is considered to be less risky than GSG 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
8.22%
9.26%
PDBC
GSG