Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
$19.98+0.12 (+0.60%)
- 0.74%
- $7.9B
- +56.7%
- 2.56%
- 6.6M sh
- $19.72
- low $13.11high $20.16
The ETF.net PDBC Grade
A
Score 78 out of 100
- 1 of 15
Score 78 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A75 out of 100Rank 4 of 15Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B65 out of 100Rank 4 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A94 out of 100Rank 1 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A95 out of 100Rank 1 of 15
Our read on PDBC
ABroad commodity exposure without the K-1 paperwork. Trading since 2014, PDBC packages a diversified futures basket inside an ordinary fund wrapper and aims to beat its commodity benchmark rather than simply mirror it.
The fund seeks to outperform the excess-return version of its benchmark through a diversified commodity strategy.
Why people hold it
- The K-1 dodge is right there in the name. It is built as a 1940 Act fund, not a commodity partnership.invesco.com
- 0.74% a year, below the typical fee among commodity futures funds.
- A multi-billion-dollar fund and one of the busiest tickers in the commodity aisle, which tends to show up as tight spreads for buyers and sellers.
- Live since 2014 and one of the strongest implementations in its commodity futures peer group.
Worth knowing
- Commodities swing. Energy, metals and crops can move hard in both directions, and this basket rides every one of those moves.
- The mandate is to beat the benchmark, not hug it, so results can diverge from the index it measures itself against.invesco.com
- Payouts are lumpy by design: distributions land annually or semiannually, not on a monthly drip.
PDBC Holdings
- Other
- 3
- 100%
- Invesco Premier US Government Money Portfolio
PDBC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
PDBC$15,670
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PDBC |
|---|---|
| Year to date | +49.9% |
| 1 month | +0.4% |
| 3 months | +20.8% |
| 1 year | +56.7% |
| 3 years | +15.7% |
| 5 years | +12.2% |
| 10 years | +9.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PDBC |
|---|---|---|
| 2026 YTD | +49.9% | |
| 2025 | +5.9% | |
| 2024 | +2.1% | |
| 2023 | −6.3% | |
| 2022 | +19.2% | |
| 2021 | +41.9% | |
| 2020 | −7.8% |
PDBC in the news
PDBC Dividends
- 2.56%
- $0.51
- $0.51 per share
- Annual
Distribution history
PDBC Risk
- 16.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.56
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −27.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.06
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PDBC Cost
0.74%
PDBC0.74%
- The middle half of Commodity Futures funds
- Median 0.79%
3 of the 14 Commodity Futures funds charge less.
Other funds in Commodity Futures
- ASOYBTeucrium Soybean FundExpense ratio 0.63%1 year return +27.4%
- AWEATTeucrium Wheat FundExpense ratio 0.62%1 year return +21.1%
- BUSGUSCF Gold Strategy Plus Income FundExpense ratio 0.45%1 year return +1.0%
- BDBBInvesco DB Base Metals FundExpense ratio 0.81%1 year return +24.1%
- BEVMTInvesco Electric Vehicle Metals Commodity Strategy No K-1 ETFExpense ratio 0.74%1 year return +16.0%