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XDAT vs. PDBC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

XDAT vs. PDBC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Exponential Data ETF (XDAT) and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XDAT achieves a 0.92% return, which is significantly lower than PDBC's 36.23% return.


XDAT

1D
-3.31%
1M
10.82%
YTD
0.92%
6M
-1.59%
1Y
-1.19%
3Y*
12.16%
5Y*
1.26%
10Y*

PDBC

1D
0.39%
1M
-3.37%
YTD
36.23%
6M
36.27%
1Y
45.46%
3Y*
14.42%
5Y*
12.39%
10Y*
8.79%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XDAT vs. PDBC - Yearly Performance Comparison


2026 (YTD)20252024202320222021
XDAT
Franklin Exponential Data ETF
0.92%1.87%16.54%45.77%-45.71%10.86%
PDBC
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
36.23%5.96%2.09%-6.25%19.23%34.25%

Correlation

The correlation between XDAT and PDBC is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.07

Correlation (3Y)
Calculated over the trailing 3-year period

0.05

Correlation (5Y)
Calculated over the trailing 5-year period

0.11

Correlation (All Time)
Calculated using the full available price history since Jan 15, 2021

0.11

The correlation between XDAT and PDBC shifts across timeframes, from -0.07 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

XDAT vs. PDBC — Risk / Return Rank

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

XDAT
XDAT Risk / Return Rank: 88
Overall Rank
XDAT Sharpe Ratio Rank: 88
Sharpe Ratio Rank
XDAT Sortino Ratio Rank: 88
Sortino Ratio Rank
XDAT Omega Ratio Rank: 88
Omega Ratio Rank
XDAT Calmar Ratio Rank: 88
Calmar Ratio Rank
XDAT Martin Ratio Rank: 88
Martin Ratio Rank

PDBC
PDBC Risk / Return Rank: 7474
Overall Rank
PDBC Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
PDBC Sortino Ratio Rank: 6767
Sortino Ratio Rank
PDBC Omega Ratio Rank: 7070
Omega Ratio Rank
PDBC Calmar Ratio Rank: 9292
Calmar Ratio Rank
PDBC Martin Ratio Rank: 7070
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XDAT vs. PDBC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Exponential Data ETF (XDAT) 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.


XDATPDBCDifference
Sharpe ratioReturn per unit of total volatility

-2.51

Sortino ratioReturn per unit of downside risk

-3.05

Omega ratioGain probability vs. loss probability

1.01

1.43

-0.42

Calmar ratioReturn relative to maximum drawdown

-0.04

6.35

-6.39

Martin ratioReturn relative to average drawdown

-0.09

13.39

-13.47

XDAT vs. PDBC - Sharpe Ratio Comparison

The current XDAT Sharpe Ratio is -0.05, which is lower than the PDBC Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of XDAT and PDBC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


XDATPDBCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.05

2.46

-2.51

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.04

0.65

-0.61

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

Sharpe Ratio (All Time)

Calculated using the full available price history

0.03

0.23

-0.20

Drawdowns

XDAT vs. PDBC - Drawdown Comparison

The maximum XDAT drawdown since its inception was -54.87%, which is greater than PDBC's maximum drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for XDAT and PDBC.


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Drawdown Indicators


XDATPDBCDifference

Max Drawdown

Largest peak-to-trough decline

-54.87%

-49.52%

-5.35%

Max Drawdown (1Y)

Largest decline over 1 year

-29.56%

-7.19%

-22.37%

Max Drawdown (3Y)

Largest decline over 3 years

-29.56%

-13.95%

-15.61%

Max Drawdown (5Y)

Largest decline over 5 years

-54.87%

-27.63%

-27.24%

Max Drawdown (10Y)

Largest decline over 10 years

-40.73%

Current Drawdown

Current decline from peak

-15.57%

-4.55%

-11.02%

Average Drawdown

Average peak-to-trough decline

-25.91%

-23.21%

-2.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.78%

3.41%

+10.37%

Volatility

XDAT vs. PDBC - Volatility Comparison

Franklin Exponential Data ETF (XDAT) has a higher volatility of 8.56% compared to Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) at 6.20%. This indicates that XDAT'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.


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Volatility by Period


XDATPDBCDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.56%

6.20%

+2.36%

Volatility (6M)

Calculated over the trailing 6-month period

19.27%

15.78%

+3.49%

Volatility (1Y)

Calculated over the trailing 1-year period

23.56%

18.61%

+4.95%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.45%

19.12%

+10.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.43%

17.78%

+11.65%

XDAT vs. PDBC - Expense Ratio Comparison

XDAT has a 0.50% expense ratio, which is lower than PDBC's 0.58% expense ratio.


Dividends

XDAT vs. PDBC - Dividend Comparison

XDAT has not paid dividends to shareholders, while PDBC's dividend yield for the trailing twelve months is around 2.82%.


PositionTTM2025202420232022202120202019201820172016
PDBC
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
2.82%3.84%4.42%4.21%13.05%50.83%0.01%1.40%1.00%3.83%6.51%
XDAT
Franklin Exponential Data ETF
0.00%0.00%0.13%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


XDAT and PDBC have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

XDAT has higher volatility (8.56%) compared to PDBC (6.20%). In terms of maximum drawdown, XDAT dropped -54.87% vs PDBC's -49.52%.

On 5-year performance, PDBC leads with 12.39% vs 1.26% for XDAT. On fees, XDAT is cheaper at 0.50% per year. On volatility, PDBC has been the lower-risk option at 6.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, PDBC has performed better with a 12.39% return vs 1.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

XDAT is cheaper with a 0.50% expense ratio, compared with 0.58% for PDBC.

PDBC has the higher dividend yield at 2.82%, compared with 0.00% for XDAT.

XDAT is categorized as Technology Equities, while PDBC is Commodities. They also come from different issuers: Franklin Templeton and Invesco. Their fees differ too: 0.50% for XDAT and 0.58% for PDBC.

PDBC currently has the higher Sharpe Ratio (2.46 vs -0.05), 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.

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