PDBC vs. RDVY
PDBC (Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF) and RDVY (First Trust Rising Dividend Achievers ETF) are both exchange-traded funds - PDBC is a Commodities fund actively managed by Invesco, while RDVY is a Dividend fund tracking the Nasdaq US Rising Dividend Achievers Index. PDBC is actively managed, while RDVY is passively managed. Over the past 10 years, PDBC returned 8.14%/yr vs 16.02%/yr for RDVY. At a 0.27 correlation, their price movements are largely independent. PDBC charges 0.58%/yr vs 0.47%/yr for RDVY.
Performance
PDBC vs. RDVY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PDBC achieves a 27.55% return, which is significantly higher than RDVY's 15.31% return. Over the past 10 years, PDBC has underperformed RDVY with an annualized return of 8.14%, while RDVY has yielded a comparatively higher 16.02% annualized return.
PDBC
- 1D
- 2.80%
- 1M
- -0.94%
- 6M
- 22.82%
- YTD
- 27.55%
- 1Y
- 30.72%
- 3Y*
- 10.42%
- 5Y*
- 10.81%
- 10Y*
- 8.14%
RDVY
- 1D
- -0.68%
- 1M
- 1.68%
- 6M
- 10.39%
- YTD
- 15.31%
- 1Y
- 27.24%
- 3Y*
- 20.28%
- 5Y*
- 12.54%
- 10Y*
- 16.02%
PDBC vs. RDVY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 27.55% | 5.96% | 2.09% | -6.25% | 19.23% | 41.72% | -7.84% | 11.44% | -12.78% | 5.06% |
RDVY First Trust Rising Dividend Achievers ETF | 15.31% | 18.90% | 16.41% | 20.38% | -13.27% | 31.14% | 13.47% | 37.71% | -9.92% | 22.75% |
Correlation
The correlation between PDBC and RDVY is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2014 | 0.27 |
The correlation between PDBC and RDVY shifts across timeframes, from -0.14 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PDBC vs. RDVY — Risk / Return Rank
PDBC
RDVY
PDBC vs. RDVY - 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 First Trust Rising Dividend Achievers ETF (RDVY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PDBC | RDVY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.32 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.86 | 3.03 | -1.16 |
| Martin ratioReturn relative to average drawdown | 6.57 | 12.68 | -6.11 |
Loading charts...
Drawdowns
PDBC vs. RDVY - Drawdown Comparison
The maximum PDBC drawdown since its inception was -49.52%, which is greater than RDVY's maximum drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for PDBC and RDVY.
Loading charts...
Drawdown Indicators
| PDBC | RDVY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.52% | -40.60% | -8.92% |
Max Drawdown (1Y)Largest decline over 1 year | -16.55% | -9.04% | -7.51% |
Max Drawdown (3Y)Largest decline over 3 years | -16.55% | -19.11% | +2.56% |
Max Drawdown (5Y)Largest decline over 5 years | -27.63% | -25.32% | -2.31% |
Max Drawdown (10Y)Largest decline over 10 years | -40.73% | -40.60% | -0.13% |
Current DrawdownCurrent decline from peak | -10.63% | -1.62% | -9.01% |
Average DrawdownAverage peak-to-trough decline | -23.11% | -4.97% | -18.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.69% | 2.15% | +2.54% |
Volatility
PDBC vs. RDVY - Volatility Comparison
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) has a higher volatility of 6.25% compared to First Trust Rising Dividend Achievers ETF (RDVY) at 4.81%. This indicates that PDBC's price experiences larger fluctuations and is considered to be riskier than RDVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PDBC | RDVY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.25% | 4.81% | +1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 16.77% | 11.59% | +5.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.90% | 14.67% | +4.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.24% | 18.96% | +0.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.76% | 21.03% | -3.27% |
PDBC vs. RDVY - Expense Ratio Comparison
PDBC has a 0.58% expense ratio, which is higher than RDVY's 0.47% expense ratio.
Dividends
PDBC vs. RDVY - Dividend Comparison
PDBC's dividend yield for the trailing twelve months is around 3.01%, more than RDVY's 0.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 3.01% | 3.84% | 4.42% | 4.21% | 13.05% | 50.83% | 0.01% | 1.40% | 1.00% | 3.83% | 6.51% | 0.00% |
RDVY First Trust Rising Dividend Achievers ETF | 0.85% | 1.11% | 1.64% | 2.09% | 2.21% | 1.04% | 1.53% | 1.55% | 1.68% | 1.25% | 2.07% | 2.14% |
Frequently Asked Questions
PDBC and RDVY have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PDBC has higher volatility (6.25%) compared to RDVY (4.81%). In terms of maximum drawdown, PDBC dropped -49.52% vs RDVY's -40.60%.
On 10-year performance, RDVY leads with 16.02% vs 8.14% for PDBC. On fees, RDVY is cheaper at 0.47% per year. On volatility, RDVY has been the lower-risk option at 4.81%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RDVY has performed better with a 16.02% return vs 8.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RDVY is cheaper with a 0.47% expense ratio, compared with 0.58% for PDBC.
PDBC has the higher dividend yield at 3.01%, compared with 0.85% for RDVY.
PDBC is categorized as Commodities, while RDVY is Dividend. They also come from different issuers: Invesco and First Trust. Their fees differ too: 0.58% for PDBC and 0.47% for RDVY.
RDVY currently has the higher Sharpe Ratio (1.87 vs 1.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PDBC and RDVY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer