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PDBC
US46090F1003
Active ETFCommodity

PDBC ETF · Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is a fund that operates within the commodities market universe. This exchange-traded is an actively managed ETF. As such, it does not seek to replicate the performance of an index. It offers investors exposure to a broad range of commodity sectors. These sectors encompass Energy, Precious Metals, Industrial Metals, and Agriculture. The PDBC’s composition strives to provide a diverse blend of these sectors to balance potential risks and rewards within the unpredictable commodity markets. As denoted by the term "No K-1", an attribute of this ETF is its structure which is designed to circumvent the need for K-1 tax reporting, which can be beneficial for investors come tax time. Furthermore, the ETF structure offers liquid access to diversified commodity exposure. Investors have the convenience of buying or selling shares in real time throughout the trading day. It is important for interested parties to conduct their own due diligence before proceeding with any form of investment. This summary only provides preliminary information about PDBC's operation and composition without any recommendation on its suitability as an investment option. It must be noted that investing in commodities involves certain risks including market price fluctuations, regulatory changes, interest rate risk, credit risk, liquidity risk, and more. Finally, consider that each investor's financial circumstances and risk tolerance are unique; individual investment decisions should therefore be based on thorough research and careful consideration.

Last update Today at 1:30 PM UTC
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This fund is part ofMulti-Commodity1M perf.+15.35%
Last price
$17.13
1M perf.
+21.11%
1M flows
+€125M
AuM
€5.5B
E/R
0.67%
Rating
Not rated
ESG Consensus®
esg grade icon
PDBC
$17.13

Performance & flows

December 12, 2025 → March 12, 2026
0-505101520253035%JANFEBMAR
Create a free account to view the flows graph
PDBC
$17.16
+30.71%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+21.11%
+30.71%
+33.87%
+37.34%
+87.38%
+15.32%
+29.21%
+29.21%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) · 
Main characteristics
Issuer
CUSIP
46090F100
ISIN
US46090F1003
AuM
€5.5B
E/R
0.67%
ESG Consensus®
esg grade icon
More details
NAV
3/12/2026
$17.16
1D NAV change
+2.81%
Dividend policy
No. of holdings
N/A
Inception date
11/7/2014
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Investment strategy
The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (Fund) is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in commodity-linked futures and other financial instruments that provide economic exposure to a diverse group of the world's most heavily traded commodities. The Fund seeks to provide long-term capital appreciation using an investment strategy designed to exceed the performance of DBIQ Optimum Yield Diversified Commodity Index Excess Return™ (DBIQ Opt Yield Diversified Comm Index ER) (Benchmark), an index composed of futures contracts on 14 heavily traded commodities across the energy, precious metals, industrial metals and agriculture sectors.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Historical risk/return profile

3M1Y3Y5Y
Returns
+30.71%
+33.87%
+37.34%
+87.38%
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Exposure

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Sustainability

Integrates ESG criteria
No
SDG
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Issuer

Invesco
Invesco ID Card
Number of funds
631
Total AuM
€849.23B
Expense ratio range
0.04% - 5.39%
Average expense ratio
0.3562%
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Frequently asked questions about PDBC

What does Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, PDBC, invest in?

PDBC is a Active ETF. This ETF provides exposure to multiple commodities.

What is the Total Expense ratio (TER) of PDBC?

PDBC carries a total expense ratio (TER) of 0.67%, indicating the annual cost for holding the fund.

When was PDBC launched?

PDBC was introduced to the market on November 7, 2014. It trades on United States

Who is the ETF issuer of PDBC?

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, PDBC, is provided by Invesco. Learn more about Invesco here.

What is the current assets under management (AUM) of PDBC?

PDBC oversees €5.5B in assets as of March 12, 2026.

How has PDBC performed lately?

Based on data from March 12, 2026, PDBC returned 21.11% over the past month, 30.71% over the last three months and 29.21% year-to-date.

What are the latest inflows or outflows for PDBC?

As of March 12, 2026, PDBC recorded net flows of +€124M over the last month and +€323M year-to-date.

Does PDBC distribute dividends?

PDBC follows a distributing dividend policy, meaning it pays out income to investors. As of March 12, 2026, its 12-month trailing yield was 2.96%.

What is the base currency of PDBC?

The base currency of PDBC is USD.

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