Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

$PDBC · Invesco · tracks DBIQ Optimum Yield Diversified Commodity Index (Actively Managed) · since 2014

Dividend yield

0.00%

Expense ratio

0.59%

Assets

$4.6B

About PDBC

Actively managed broad commodity ETF that delivers similar exposure to DBC but issues a 1099 instead of a K-1, dramatically simplifying tax reporting. PDBC has become the preferred diversified commodity vehicle for most retail investors.

Top holdings

WTI Crude Oil Futures$CL Brent Crude Futures$BRN RBOB Gasoline Futures$RB NY Harbor ULSD Futures$HO Gold Futures$GC Corn Futures$C Soybean Futures$S Wheat Futures$W Sugar Futures$SB Copper Futures$HG

Sector exposure

Energy55.0%
Agriculture22.5%
Precious Metals11.5%
Industrial Metals11.0%

How StockWorthy analyses PDBC

ETFs hold companies rather than generating cash flow themselves, so PDBC is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.