SETM vs. PDBC
Compare and contrast key facts about Sprott Energy Transition Materials ETF (SETM) and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC).
SETM and PDBC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SETM is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. It was launched on Feb 1, 2023. PDBC is an actively managed fund by Invesco. It was launched on Nov 7, 2014.
Performance
SETM vs. PDBC - Performance Comparison
Loading graphics...
SETM vs. PDBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SETM Sprott Energy Transition Materials ETF | 14.27% | 95.27% | -13.24% | -11.03% |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 30.72% | 5.96% | 2.09% | -4.44% |
Returns By Period
In the year-to-date period, SETM achieves a 14.27% return, which is significantly lower than PDBC's 30.72% return.
SETM
- 1D
- 5.82%
- 1M
- -14.37%
- YTD
- 14.27%
- 6M
- 33.70%
- 1Y
- 137.98%
- 3Y*
- 26.40%
- 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%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SETM vs. PDBC - Expense Ratio Comparison
SETM has a 0.65% expense ratio, which is higher than PDBC's 0.58% expense ratio.
Return for Risk
SETM vs. PDBC — Risk / Return Rank
SETM
PDBC
SETM vs. PDBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Energy Transition Materials ETF (SETM) 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.
| SETM | PDBC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.03 | 1.72 | +1.31 |
Sortino ratioReturn per unit of downside risk | 3.18 | 2.31 | +0.88 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.31 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 5.08 | 3.04 | +2.04 |
Martin ratioReturn relative to average drawdown | 17.14 | 7.48 | +9.66 |
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
| SETM | PDBC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.03 | 1.72 | +1.31 |
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 | 0.52 | 0.22 | +0.31 |
Correlation
The correlation between SETM and PDBC is 0.34, 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
SETM vs. PDBC - Dividend Comparison
SETM's dividend yield for the trailing twelve months is around 1.37%, less than PDBC's 2.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SETM Sprott Energy Transition Materials ETF | 1.37% | 1.56% | 2.07% | 2.47% | 0.00% | 0.00% | 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
SETM vs. PDBC - Drawdown Comparison
The maximum SETM drawdown since its inception was -42.81%, smaller than the maximum PDBC drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for SETM and PDBC.
Loading graphics...
Drawdown Indicators
| SETM | PDBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.81% | -49.52% | +6.71% |
Max Drawdown (1Y)Largest decline over 1 year | -25.85% | -11.07% | -14.78% |
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 | -16.74% | -1.03% | -15.71% |
Average DrawdownAverage peak-to-trough decline | -14.59% | -23.53% | +8.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.67% | 4.50% | +3.17% |
Volatility
SETM vs. PDBC - Volatility Comparison
Sprott Energy Transition Materials ETF (SETM) has a higher volatility of 18.23% compared to Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) at 8.15%. This indicates that SETM'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.
Loading graphics...
Volatility by Period
| SETM | PDBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.23% | 8.15% | +10.08% |
Volatility (6M)Calculated over the trailing 6-month period | 36.72% | 13.88% | +22.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.92% | 18.72% | +27.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.22% | 18.92% | +17.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.22% | 17.69% | +18.53% |