Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC)Commodities Broad Basket | Exchange Traded Fund | NasdaqGM
19.86 USD
+0.20
(1.017%)
⇧
(Oct. 12, 2026, 4 p.m.
EDT)
After hours: 19.87 +0.01 (0.050%) ⇧ (Oct. 12, 2026, 6:58 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 10:39 a.m. EDT
The long-term outlook is severely compromised by a brutal four-year streak of negative annual returns, dragging the total return over the last nine years down to -26%. While the headline 2.6% yield looks attractive on paper, the recent dividend history reveals a dangerous trend: payouts have been slashed from nearly $5.40 in 2021 to just $0.51 recently, indicating the fund is actively cutting distributions to preserve capital rather than growing income. This is not a value trap; it is a structural decline where the market has correctly priced out the deteriorating commodity exposure. Short-term momentum is flat, hovering near the 50-day average, but the lack of a recovery in annual performance suggests the downtrend is likely to persist. Investors should view this as a cautionary tale of chasing yield in a falling knife. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.041957 |
| MSTL | 0.042633 |
| AutoARIMA | 0.047066 |
| AutoETS | 0.047067 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 54% |
| H-stat | 3.24 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.278 |
| Excess Kurtosis | -1.16 |
As of Oct. 10, 2026, 10:39 a.m. EDT: Speculators are positioning defensively with heavy put open interest at strikes significantly below the current price (18.0 and 19.0 for Jan 2027), while call activity is sparse and concentrated near the money. Implied volatility is elevated for deep out-of-the-money puts, suggesting a fear of a significant downside gap or continued structural decline rather than a speculative rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 3.84% | 3.84% | 4.17% | 15.04% |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-22 | 0.509 | 3.835720 |
| 2024-12-23 | 0.575 | 4.513344 |
| 2023-12-18 | 0.560 | 4.160475 |
| 2022-12-19 | 1.928 | 13.435540 |
| 2021-12-20 | 1.757 | 13.063197 |
| 2021-12-03 | 5.390 | 36.174498 |
| 2020-12-21 | 0.001 | 0.006623 |
| 2019-12-23 | 0.232 | 1.412051 |
| 2018-12-24 | 0.151 | 1.007338 |
| 2017-12-18 | 0.669 | 4.005988 |
| 2016-12-16 | 1.124 | 6.580796 |
| Attribute | Value |
|---|---|
| All Time High | 25.51 |
| All Time Low | 11.08 |
| Ask | 16.99 |
| Ask Size | 11 |
| Average Daily Volume10 Day | 6,063,240 |
| Average Daily Volume3 Month | 6,666,644 |
| Average Volume | 6,666,644 |
| Average Volume10Days | 6,063,240 |
| Beta3 Year | 1.07 |
| Bid | 16.97 |
| Bid Size | 29 |
| Category | Commodities Broad Basket |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 19.945 |
| Day Low | 19.83 |
| Display Name | Optimum Yield Dvsfd ETF |
| Dividend Date | 1,483,056,000 |
| Dividend Yield | 2.64 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 18.8596 |
| Fifty Day Average Change | 1.0004005 |
| Fifty Day Average Change Percent | 0.053044632 |
| Fifty Two Week Change Percent | 49.15509 |
| Fifty Two Week High | 20.16 |
| Fifty Two Week High Change | -0.29999924 |
| Fifty Two Week High Change Percent | -0.014880914 |
| Fifty Two Week Low | 13.105 |
| Fifty Two Week Low Change | 6.755001 |
| Fifty Two Week Low Change Percent | 0.5154522 |
| Fifty Two Week Range | 13.105 - 20.16 |
| First Trade Date Milliseconds | 1,415,370,600,000 |
| Five Year Average Return | 0.1214623 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.21000099 |
| Fullday Change Percent | 1.0681638 |
| Fullday Price | 19.86 |
| Fund Family | Invesco |
| Fund Inception Date | 1,415,318,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a combination of financial instruments that are economically linked to the world's most heavily traded commodities. Commodities are assets that have tangible properties, such as oil, agricultural produce or raw metals. |
| Long Name | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_272841994 |
| Nav Price | 19.72 |
| Net Assets | 7,699,317,200.0 |
| Net Expense Ratio | 0.59 |
| Open | 19.869 |
| Phone | (800) 983-0903 |
| Post Market Change | 0.010000229 |
| Post Market Change Percent | 0.050353616 |
| Post Market Price | 19.87 |
| Post Market Time | 1,791,845,925 |
| Previous Close | 19.66 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.200001 |
| Regular Market Change Percent | 1.0173 |
| Regular Market Day High | 19.945 |
| Regular Market Day Low | 19.83 |
| Regular Market Day Range | 19.83 - 19.945 |
| Regular Market Open | 19.869 |
| Regular Market Previous Close | 19.66 |
| Regular Market Price | 19.86 |
| Regular Market Time | 1,791,835,200 |
| Regular Market Volume | 3,277,182 |
| Short Name | Invesco Optimum Yield Diversifi |
| Source Interval | 15 |
| Symbol | PDBC |
| Three Year Average Return | 0.1500384 |
| Total Assets | 7,699,317,248 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 21.41058 |
| Trailing Three Month Returns | 21.41058 |
| Triggerable | 1 |
| Two Hundred Day Average | 16.9735 |
| Two Hundred Day Average Change | 2.8865013 |
| Two Hundred Day Average Change Percent | 0.1700593 |
| Type Disp | ETF |
| Volume | 3,277,182 |
| Yield | 0.026400002 |
| Ytd Return | 45.18072 |