Skip to content
← All ETFs
PDBC

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Diversified commodity ETF without K-1 tax form — major advantage over DBC for US tax purposes. Same underlying strategy.

TER
0.59%
AUM
$5B
CAGR
4.2%
Volatility
26.1%
Max Drawdown
-44.5%
Data Range
2014-11 → 2026-04

Performance Analysis

Maximum Drawdown History

How far the ETF has fallen from its all-time high at each point. Deeper = more painful.

Current DD-2.8%
Worst DD-44.5%
Worst date2020-04

Rolling Returns

Annualized returns over rolling windows. Shows the range of outcomes depending on when you invested.

Avg return6.2%
Best29.1%
Worst-8.9%
% positive72%
102 periods

Key Facts

ISIN
US46090E1038
Issuer
Invesco
Benchmark
DBIQ Optimum Yield Diversified Commodity Index
Total Expense Ratio (TER)
0.59%
Assets Under Management
$5B approx.
Inception Date
2014-11-07
Domicile
United States
Legal Structure
Open-Ended Fund
Dividend Policy
Distributing (pays dividends)
Replication Method
Synthetic (Swap-Based)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
NASDAQ
Number of Holdings
N/A

Equivalent ETFs

These ETFs track the same or very similar underlying index:

Backtest this ETFOfficial Fund Page

Who Is This ETF For?

General portfolio building block for the asset class it covers.

Key Risks to Consider

No cash flows or dividends — returns depend entirely on price appreciation.

Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).

Similar ETFs

Related Tools

Data & Methodology

Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.

Data source: Yahoo Finance (adjusted close), Invesco (metadata)Last verified: 2026-04-17