Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

10-Year Study

PDBC.US · · US · ETF

Executive Summary: Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has compounded at 8.6% annually over the last 10 years, with a maximum drawdown of 37.6% and an annualized volatility of 15.6%.

1Y CAGR
+48.5%
3Y CAGR
+14.5%
5Y CAGR
+12.3%
10Y CAGR
+8.6%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
37.6%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.40
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.57
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
16.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · +41.7%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · -12.8%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20269.62.816.10.2————————30.9%
20252.50.42.0-8.70.84.02.5-0.91.41.11.30.16.0%
20241.7-1.94.61.7-0.40.0-3.2-1.90.71.6-1.81.32.1%
20231.1-4.8-0.1-0.5-6.52.88.7-0.31.4-1.8-2.3-3.4-6.2%
20227.86.79.05.74.6-7.5-2.3-1.4-6.95.11.3-2.619.2%
20213.210.3-0.88.13.93.81.4-1.75.15.1-8.46.741.7%
2020-8.6-6.5-16.5-2.97.54.94.84.8-3.8-3.29.65.2-7.8%
20197.32.9-0.21.2-6.03.6-0.9-4.91.21.8-0.15.811.4%
20183.2-3.32.13.72.2-2.0-2.50.93.4-5.5-10.7-3.9-12.8%
2017-0.5-0.2-3.1-2.5-1.7-0.94.10.32.23.61.03.05.1%
2016———10.00.84.4-6.91.04.0-0.21.44.319.6%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 15.6%. The dominant macroeconomic risk driver is USO.US, accounting for 66.1% of variance. Idiosyncratic stock-specific factors contribute 9.5%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110999.28695120709
2016-05-0111090.091532181785
2016-06-0111576.856473464399
2016-07-0110778.678385890365
2016-08-0110882.434261266897
2016-09-0111317.248504780337
2016-10-0111297.74880309667
2016-11-0111460.00378352421
2016-12-0111955.499934515927
2017-01-0111900.056752863109
2017-02-0111879.392889884892
2017-03-0111505.697114335191
2017-04-0111215.093351183807
2017-05-0111021.40601580349
2017-06-0110917.650140426955
2017-07-0111367.307440445873
2017-08-0111401.941238958658
2017-09-0111657.91120359726
2017-10-0112079.919672870676
2017-11-0112197.645483781776
2017-12-0112559.699646386007
2018-01-0112955.660006693928
2018-02-0112523.756166416855
2018-03-0112790.058062544565
2018-04-0113265.035870719888
2018-05-0113560.150758887643
2018-06-0113286.718374830833
2018-07-0112955.660006693928
2018-08-0113070.766454692299
2018-09-0113509.800782898468
2018-10-0112768.521078595439
2018-11-0111397.284593780469
2018-12-0110955.19434217611
2019-01-0111754.973151530143
2019-02-0112096.654491479794
2019-03-0112074.82646720703
2019-04-0112220.201108863634
2019-05-0111485.906372327885
2019-06-0111900.347793186746
2019-07-0111798.483679913852
2019-08-0111224.261121378368
2019-09-0111355.083746853124
2019-10-0111558.666453237094
2019-11-0111544.114437055252
2019-12-0112208.559495918158
2020-01-0111154.265923543708
2020-02-0110431.758320115252
2020-03-018714.038330010622
2020-04-018463.452611359304
2020-05-019097.483956402159
2020-06-019539.719728168338
2020-07-019996.798556439993
2020-08-0110475.996449308052
2020-09-0110077.998806734673
2020-10-019753.634366041415
2020-11-0110689.91108718113
2020-12-0111250.891310991137
2021-01-0111612.217872786274
2021-02-0112813.923369082788
2021-03-0112706.96605014625
2021-04-0113735.50255387884
2021-05-0114273.781632445174
2021-06-0114811.915190849691
2021-07-0115018.408300470028
2021-08-0114767.677061656892
2021-09-0115519.725257934484
2021-10-0116316.01158340488
2021-11-0114944.62957842809
2021-12-0115944.644130444274
2022-01-0117192.188477713586
2022-02-0118348.928244008206
2022-03-0120004.511125016368
2022-04-0121149.900318689157
2022-05-0122125.176443196204
2022-06-0120458.242989566203
2022-07-0119981.955499934516
2022-08-0119698.336704550413
2022-09-0118348.928244008206
2022-10-0119278.80207802791
2022-11-0119528.223635384682
2022-12-0119011.336020605653
2023-01-0119229.907303656924
2023-02-0118303.8169938445
2023-03-0118291.011219604476
2023-04-0118200.934239438877
2023-05-0117017.564283531483
2023-06-0117499.963619959548
2023-07-0119024.141794845676
2023-08-0118972.627657561956
2023-09-0119229.907303656924
2023-10-0118882.696197558173
2023-11-0118445.262591132003
2023-12-0117823.60045984371
2024-01-0118118.424307687827
2024-02-0117770.049040294532
2024-03-0118587.435789228595
2024-04-0118895.64749196001
2024-05-0118828.708217523537
2024-06-0118828.708217523537
2024-07-0118225.672666948005
2024-08-0117877.151879392888
2024-09-0117997.788093540363
2024-10-0118279.224086497183
2024-11-0117957.624528878474
2024-12-0118196.568634584324
2025-01-0118644.916253146872
2025-02-0118714.911450981534
2025-03-0119093.118351547608
2025-04-0117426.184897917607
2025-05-0117566.320813748745
2025-06-0118266.709352580798
2025-07-0118728.881386516103
2025-08-0118560.805599615825
2025-09-0118812.99204004715
2025-10-0119023.123153712946
2025-11-0119261.19413844788
2025-12-0119281.42144094064
2026-01-0121129.527496034574
2026-02-0121711.608143308255
2026-03-0125204.092026950337
2026-04-0125247.748075495863
Annual Return Matrix
YearAnnual Return
20170.050537385737064566
2018-0.12775029255349968
20190.11440829935045094
2020-0.0784423572041576
20210.4171894199055812
20220.19233366797481044
2023-0.06247512323566318
20240.020925523750428665
20250.059618537326562526
20260.3094339622641511
Total Factor Risk
0.1557886262722955
VTI.US Exposure
0.0019717308081705254
VEA.US Exposure
0.010980926493374827
VWO.US Exposure
0.005154894827016999
QQQ.US Exposure
0.008080148707337096
VTV.US Exposure
0.02273942567356476
IJR.US Exposure
-0.004883211066063409
QUAL.US Exposure
-0.004048711414590288
SHV.US Exposure
0.09760114956854066
TLT.US Exposure
-0.006778563659251817
LQD.US Exposure
0.019340915441261996
HYG.US Exposure
0.016110330981699807
GLD.US Exposure
0.0029183118072874273
USO.US Exposure
0.6614653316561375
VNQ.US Exposure
0.0010545758006707856
BTC-USD.CC Exposure
0.00005923263771182701
CPER.US Exposure
0.043005311470091866
VIX.INDX Exposure
-0.0015590063226739272
UUP.US Exposure
0.0012735139849060933
TIP.US Exposure
0.03038924093772041
Idiosyncratic Exposure
0.09512445166708688
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
41
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
15.6%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →3.42%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+8.0%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+25.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
1.1% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.89
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF a high-risk investment?

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC.US) has an annualized volatility of 15.6% and experienced a maximum drawdown of 37.6% over the last 10 years. Its primary macro risk driver is USO.US.

What is the 10-year return of PDBC.US?

Over the past 10 years, PDBC.US has generated a Compound Annual Growth Rate (CAGR) of 8.6%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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