SDCI vs. PDBC
Compare and contrast key facts about USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC).
SDCI and PDBC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SDCI is an actively managed fund by Wainwright, Inc.. It was launched on May 3, 2018. PDBC is an actively managed fund by Invesco. It was launched on Nov 7, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SDCI or PDBC.
Correlation
The correlation between SDCI and PDBC is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SDCI vs. PDBC - Performance Comparison
Key characteristics
SDCI:
1.87
PDBC:
0.57
SDCI:
2.61
PDBC:
0.89
SDCI:
1.31
PDBC:
1.10
SDCI:
2.83
PDBC:
0.28
SDCI:
7.70
PDBC:
1.49
SDCI:
3.02%
PDBC:
5.26%
SDCI:
12.46%
PDBC:
13.73%
SDCI:
-45.79%
PDBC:
-49.52%
SDCI:
-0.50%
PDBC:
-18.81%
Returns By Period
In the year-to-date period, SDCI achieves a 5.03% return, which is significantly higher than PDBC's 4.70% return.
SDCI
5.03%
4.98%
13.65%
22.23%
15.80%
N/A
PDBC
4.70%
7.62%
4.07%
7.05%
9.60%
3.92%
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SDCI vs. PDBC - Expense Ratio Comparison
SDCI has a 0.70% expense ratio, which is higher than PDBC's 0.58% expense ratio.
Risk-Adjusted Performance
SDCI vs. PDBC — Risk-Adjusted Performance Rank
SDCI
PDBC
SDCI vs. PDBC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) 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.
Dividends
SDCI vs. PDBC - Dividend Comparison
SDCI's dividend yield for the trailing twelve months is around 5.64%, more than PDBC's 4.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
SDCI USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund | 5.64% | 5.93% | 3.46% | 33.49% | 19.25% | 0.20% | 0.93% | 0.68% | 0.00% | 0.00% |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 4.23% | 4.43% | 4.21% | 13.04% | 50.83% | 0.01% | 1.40% | 1.00% | 3.83% | 6.50% |
Drawdowns
SDCI vs. PDBC - Drawdown Comparison
The maximum SDCI drawdown since its inception was -45.79%, smaller than the maximum PDBC drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for SDCI and PDBC. For additional features, visit the drawdowns tool.
Volatility
SDCI vs. PDBC - Volatility Comparison
USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) has a higher volatility of 4.02% compared to Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) at 3.53%. This indicates that SDCI'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.