PDBC vs. ISCMF
Compare and contrast key facts about Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) and iShares Diversified Commodity Swap UCITS ETF (ISCMF).
PDBC and ISCMF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PDBC is an actively managed fund by Invesco. It was launched on Nov 7, 2014. ISCMF is a passively managed fund by iShares that tracks the performance of the Bloomberg Commodity Index. It was launched on Mar 4, 2022.
Performance
PDBC vs. ISCMF - Performance Comparison
Loading graphics...
PDBC vs. ISCMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 30.72% | 5.96% | 2.09% | -6.25% | -3.15% |
ISCMF iShares Diversified Commodity Swap UCITS ETF | 17.84% | 19.65% | 3.13% | -9.58% | -5.08% |
Returns By Period
In the year-to-date period, PDBC achieves a 30.72% return, which is significantly higher than ISCMF's 17.84% return.
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%
ISCMF
- 1D
- 0.00%
- 1M
- 7.22%
- YTD
- 17.84%
- 6M
- 26.76%
- 1Y
- 29.86%
- 3Y*
- 12.27%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PDBC vs. ISCMF - Expense Ratio Comparison
PDBC has a 0.58% expense ratio, which is higher than ISCMF's 0.19% expense ratio.
Return for Risk
PDBC vs. ISCMF — Risk / Return Rank
PDBC
ISCMF
PDBC vs. ISCMF - Risk-Adjusted Trends 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 Diversified Commodity Swap UCITS ETF (ISCMF). 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.
| PDBC | ISCMF | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.72 | 1.79 | -0.07 |
Sortino ratioReturn per unit of downside risk | 2.31 | 3.44 | -1.13 |
Omega ratioGain probability vs. loss probability | 1.31 | 2.36 | -1.05 |
Calmar ratioReturn relative to maximum drawdown | 3.04 | 5.25 | -2.21 |
Martin ratioReturn relative to average drawdown | 7.48 | 12.38 | -4.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PDBC | ISCMF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.72 | 1.79 | -0.07 |
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 | 0.22 | 0.40 | -0.19 |
Correlation
The correlation between PDBC and ISCMF 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
PDBC vs. ISCMF - Dividend Comparison
PDBC's dividend yield for the trailing twelve months is around 2.94%, while ISCMF has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ISCMF iShares Diversified Commodity Swap UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PDBC vs. ISCMF - Drawdown Comparison
The maximum PDBC drawdown since its inception was -49.52%, which is greater than ISCMF's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for PDBC and ISCMF.
Loading graphics...
Drawdown Indicators
| PDBC | ISCMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.52% | -25.42% | -24.10% |
Max Drawdown (1Y)Largest decline over 1 year | -11.07% | -5.69% | -5.38% |
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 | -1.03% | -2.55% | +1.52% |
Average DrawdownAverage peak-to-trough decline | -23.53% | -13.98% | -9.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.50% | 2.41% | +2.09% |
Volatility
PDBC vs. ISCMF - Volatility Comparison
The current volatility for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is 8.15%, while iShares Diversified Commodity Swap UCITS ETF (ISCMF) has a volatility of 9.72%. This indicates that PDBC experiences smaller price fluctuations and is considered to be less risky than ISCMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PDBC | ISCMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.15% | 9.72% | -1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 13.88% | 13.85% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.72% | 16.72% | +2.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 14.05% | +4.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.69% | 14.05% | +3.64% |