PDBC

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

PDBC offers broad exposure to a diverse basket of commodities and aims to mitigate negative roll yield in its futures contract selection. The fund is structured as an ETF and is actively managed.

Broad Commodities

COMMODITY

Active

MANAGEMENT STYLE

4.5 B

ASSETS UNDER MGMT

59 bp

EXPENSES
Fund Basics
Fund sponsorInvesco
CategoryBroad Commodities
Asset classCommodity
Websitelink...
Inception dateNov 07, 2014
Assets (mns)$4,414
Expense ratio59 bp
Fund Structure
RegulationOpen-Ended Fund
DistributionsAnnually
Taxation1099
Derivatives-basedYes
Options availableYes
Currency hedgedNo
Fund of fundsNo
Asset Allocation
Historical Performance
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Standardized Performance (as of 06/30/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns 0.4% -7.2% -2.1% -10.3% 0.2% -4.4% -- -6.0%
Dividend Yield 0.0% 0.0% 2.0% 5.1% 12.7% 7.2% -- 6.6%
Total Returns 0.4% -7.2% -0.1% -5.1% 12.9% 2.8% -- 0.6%
Ann. Volatility 18.1% 17.3% 15.3% 17.6% 19.0% 18.2% -- 18.2%
Market Correlations
versus...BetaR-squared
S&P 5000.229%
MSCI EAFE0.2613%
MSCI Emg Mkts0.2210%
Liquidity Measures
Avg. volume (000)5,146
ADV traded (mns)$68
Turnover1.5%
Avg. Bid/Ask (% of price)0.07%
Technical Indicators
Recent close$13.29
30d moving avg.$13.19
Annualized volatility11.7%
Relative strength (RSI)55
Short interest0.5%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Expense Analysis

Peer Group Active
Broad Commodities Commodity ETFs
# of ETFs 5
Avg. Expense Ratio 65.8 bp
Std. Deviation 26.6 bp
PDBC (59 bp) Percentile rank 41
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)		 Avg. Bid/Ask (bp)
(B)		 TCO (bp)
(A)+(B)
PDBC 59.0 6.8 65.8
Peer Avg. 69.5 57.4 126.8
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .