Skip to content
etf.net

PDBA vs TAGS

Invesco Agriculture Commodity Strategy No K-1 ETF

PDBABNasdaq

Teucrium Agricultural Fund

TAGSCNYSE Arca

Overlap

Expense ratio

TAGS −0.58pt a year

PDBA0.75%TAGS0.17%

Avg volume · 30D

PDBA 15.2×the volume

PDBA244KTAGS16K

3Y return · a year

PDBA +17.3pt

PDBA+11.5%TAGS−5.8%

PDBA vs TAGS Performance

Oct 31, 2025 – Oct 30, 2026

+5.9%PDBA+10.4%TAGS

Oct 31, 2025 to Oct 30, 2026. PDBA +5.9%. TAGS +10.4%. Use the arrow keys to read each point.0%15%20%25%Oct 2025Apr 2026Oct 2026
Expense ratio
PDBA 0.75%
TAGS 0.17%, better
Fund size
PDBA $317M
TAGS $17M
1Y total return
PDBA +5.9%
TAGS +10.4%, better
Yield (12M)
PDBA 3.15%
TAGS No data
Holdings
PDBA 3
TAGS 5
Avg volume (30D)
PDBA 244K sh, better
TAGS 16K sh
NAV per share
PDBA $35.97
TAGS $25.74
52W range

ETF.net Grade

PDBA: Cost 42, Risk 69, Mission not scored, Tradability 79, Holdings not scored, Durability 63. TAGS: Cost 90, Risk 48, Mission not scored, Tradability 28, Holdings 0, Durability 40.
Pillar letters and Scores for PDBA, TAGS, with each pillar’s weight
PillarPDBATAGS
Cost30% weightC42A90Higher
Mission25% weightNot scoredNot scored
Risk15% weightB69HigherC48
Tradability15% weightA79HigherD28
Holdings10% weightNot scoredF0
Durability5% weightB63HigherC40

Rank among Agriculture Futures funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. PDBA and TAGS are both graded against the same 6 Agriculture Futures funds, so their Grades compare head to head.

Agriculture Futures⁠

Category · 6 funds
See all 6 ›

PDBA ranks 1st and TAGS 2nd of 6 funds in the Agriculture Futures Category.

  1. Rank 1BPDBAInvesco Agriculture Commodity Strategy No K-1 ETFScore 58
  2. Rank 2CCANETeucrium Sugar FundScore 53
  3. Rank 2CTAGSTeucrium Agricultural FundScore 53
  4. Rank 4CCORNTeucrium Corn FundScore 49

Our read on each fund

ETF.net Research

PDBABInvesco Agriculture Commodity Strategy No K-1 ETF

TAGSCTeucrium Agricultural Fund

In short

PDBA The broad farm-commodity basket without the partnership paperwork. PDBA tracks a diversified DBIQ agriculture index from inside a 1940 Act fund, which is exactly what the "No K-1" in its name is pointing at.

TAGS One ticket, four crops: TAGS holds Teucrium's corn, wheat, soybean and sugar funds at roughly a quarter each. Pure farm-field exposure, no energy or metals along for the ride, and the thinnest headline fee in the ag-futures group.

Stated mandate

PDBA The Fund seeks long-term capital appreciation.

TAGS The Fund seeks daily results reflecting the combined performance of four agricultural commodity pools covering corn, wheat, soybeans and sugar. It invests equally in those underlying funds and targets approximately 25% in each.

Why people hold it

  • PDBA One ticket, many crops: it follows the DBIQ Diversified Agriculture Index Excess Return instead of betting on a single commodity the way CORN or CANE do.
  • Registered as a 1940 Act fund rather than a commodity pool, so shareholders skip the Schedule K-1 the fund's own name calls out.
  • Fee sits at 0.75%, right on the category median and below Invesco's older ag fund DBA at 0.90%.
  • TAGS Headline fee of 0.17% sits far below the 0.75% typical of ag-futures funds.
  • Targets about 25% each in corn, wheat, soybeans and sugar, so no single crop runs the show.
  • Trading since 2012 and one of the stronger builds in the agricultural futures group.

Worth knowing

  • PDBA 0.75% is real money in commodity land. TAGS packages a diversified ag basket for 0.17%.
  • Exposure runs through futures-linked instruments, not farmland or farm companies, so contract pricing and rolls shape the ride as much as crop prices do.
  • Launched in 2022, a short history next to ag funds that have lived through more full commodity cycles.
  • TAGS It is a fund of funds: you also carry the costs of the four Teucrium funds it holds (sugar 0.54%, corn 0.61%), so all-in cost runs above the headline fee.
  • A small, thinly traded fund, so spreads can widen and large orders can move the price.
  • Built as a commodity pool rather than a standard stock ETF, with no regular distributions; tax paperwork differs, and rival PDBA is designed to skip the K-1.

Full PDBA profile⁠

Full TAGS profile⁠

PDBA vs TAGS Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

PDBA vs TAGS Cost

Overpaying PDBA vs TAGS

$10,936

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PDBA 0.75%

    $14,482

  • TAGS 0.17%

    $3,546

$10,000
30 years

Cost over time

  • PDBA 0.75%
  • TAGS 0.17%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530PDBA $14,482TAGS $3,546

Year by year

YearPDBATAGSOverpaying
10$1,336$310$1,026
20$5,078$1,211$3,867
30$14,482$3,546$10,936

Expense ratio

  • 0.75%PDBA
  • 0.17%TAGS, cheaper
  • Middle half of Agriculture Futures funds
  • Median 0.68%

TAGS cheapest of 6 funds

PDBA 4th cheapest of 6 funds

PDBA vs TAGS Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
PDBA 3.15%
TAGS No data
Payout (12M)
PDBA $1.13
TAGS None
Last payment
PDBA $1.13
TAGS No data
Ex-dividend
PDBA Dec 22, 2025
TAGS No data
Paid on
PDBA Dec 26, 2025
TAGS No data
Frequency
PDBA Annual
TAGS No data

Distribution history

Per share, 2022 to 2026, same scale for both

PDBAAnnual · 4 paymentsAll PDBA payments⁠
One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 19, 2022 $0.22; Dec 18, 2023 $2.04; Dec 23, 2024 $4.61; Dec 22, 2025 $1.13. Use the arrow keys to read each point.$0$520232026YTD
TAGSAll TAGS payments⁠

No distribution history available.

PDBA vs TAGS Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PDBA 13.0%, betterTAGS 14.2%
Return per unit of riskSharpe ratio, 3 years
PDBA 0.56, betterTAGS −0.66
Worst fallMax drawdown, 5 years
PDBA −12.5%since Aug 2022TAGS −37.6%
Market sensitivityBeta, 5 years
PDBA 0.33TAGS 0.49

PDBA and TAGS in the news

All news⁠

Popular comparisons

  • PDBABvsCANEC

    Invesco Agriculture Commodity Strategy No K-1 ETF · Teucrium Sugar Fund

    Expense ratio
    0.75% · 0.54%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TAGSCvsCANEC

    Teucrium Agricultural Fund · Teucrium Sugar Fund

    Expense ratio
    0.17% · 0.54%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PDBABvsCORNC

    Invesco Agriculture Commodity Strategy No K-1 ETF · Teucrium Corn Fund

    Expense ratio
    0.75% · 0.61%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TAGSCvsCORNC

    Teucrium Agricultural Fund · Teucrium Corn Fund

    Expense ratio
    0.17% · 0.61%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PDBABvsDBAC

    Invesco Agriculture Commodity Strategy No K-1 ETF · Invesco DB Agriculture Fund

    Expense ratio
    0.75% · 0.90%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TAGSCvsDBAC

    Teucrium Agricultural Fund · Invesco DB Agriculture Fund

    Expense ratio
    0.17% · 0.90%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.