Get your free ETF data sample from our comprehensive offerings. Start your free trial→

Help us improve your experience. Please confirm your investor type:

Compare ETFs Easily

The Ultimate ETF Comparison Tool - Try Now!

Analyze up to 5 ETFs side-by-side and gain instant insights on performance, fees, holdings, and more to make data-driven investment decisions.

›ETF Providers›Invesco›PDBC
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 4/2/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofMulti-Commodity1M perf.+12.34%
Last price
$17.52
1M perf.
+14.39%
1M flows
+€237M
AuM
€5.81B
E/R
0.67%
Rating
Not rated
ESG Consensus®
esg grade icon
PDBC
$17.52

Performance & flows

January 2, 2026 → April 2, 2026
005101520253035%FEBMARAPRFEBMARAPR
Create a free account to view the flows graph
PDBC
$17.48
+31.69%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+14.39%
+31.69%
+32.29%
+36.62%
+100.77%
+1.30%
+1.30%
+31.63%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
Issuer
CUSIP
46090F100
ISIN
US46090F1003
AuM
€5.81B
E/R
0.67%
ESG Consensus®
esg grade icon
More details
NAV
4/2/2026
$17.48
1D NAV change
+2.02%
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
Create a free account to view dividend distribution
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 Returnâ„¢ (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
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
half moonhalf moon double
Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.
Enterprise Fund page features include:
Legal documents
Powerful buy-list integration
Fund data exports
Advanced risk metrics
Advanced replication analysis
Advanced exposure look-through
Upload your own internal metrics
Custom data feature
See all Trackinsight Enterprise features

Trackinsight
Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight Enterprise

Advertisement

Risk profile

Historical risk/return profile

3M1Y3Y5Y
Returns
+31.69%
+32.29%
+36.62%
+100.77%
Volatility
Perf./Volatility
Max drawdown
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

The PDBC ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.

To find out more about PDBC's exposure, please refer to the as provided by Invesco.

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Issuer

Invesco
Invesco ID Card
Number of funds
633
Total AuM
€835.06B
Expense ratio range
0.04% - 5.39%
Average expense ratio
0.3558%
Top 5 funds by Invesco
AuM
QQQ
Invesco QQQ ETF€324.06B
RSP
Invesco S&P 500® Equal Weight ETF€73.9B
QQQM
Invesco NASDAQ 100 ETF€60.54B
SPXS
Invesco S&P 500 UCITS ETF€29.69B
SGLD
Invesco Physical Gold USD ETC€26.34B

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 €5.81B in assets as of April 2, 2026.

How has PDBC performed lately?

Based on data from April 2, 2026, PDBC returned 14.39% over the past month, 31.69% over the last three months and 31.63% year-to-date.

What are the latest inflows or outflows for PDBC?

As of April 2, 2026, PDBC recorded net flows of +€240M over the last month and +€549M year-to-date.

Does PDBC distribute dividends?

PDBC follows a distributing dividend policy, meaning it pays out income to investors. As of April 2, 2026, its 12-month trailing yield was 2.91%.

What is the base currency of PDBC?

The base currency of PDBC is USD.

Advertisement

Trackinsight

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

More about Trackinsight
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy  |  Cookie policy  |    |  Terms of use  |  Imprint
Trackinsight