Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
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.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$695M OVER THIS RANGE
Money keeps arriving — +$1B of net buying over the past month, about 14.5% of the fund's asset base, while the price has returned +38.0% so far this year. At 0.59% a year it is not the cheapest way in — LQD runs the same ground at 0.14%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | +1.9% |
| 1 month | +6.2% |
| 3 months | -2.1% |
| 6 months | +29.3% |
| YTD | +38.0% |
| 1 year | — |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | +$9M |
| 1 month | +$1B |
| 3 months | +$644M |
| YTD | +$784M |
| 1 year | +$695M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat PDBC on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| DIVB iShares U.S. Dividend and Buyback ETF | 0.05% | $1.9B | +$136M | -54bp on fee · +$136M in over the month | Head-to-head |
| HDV iShares Core High Dividend ETF | 0.08% | $15B | +$214M | -51bp on fee · 2× the assets · +$214M in over the month | Head-to-head |
| SCHD Schwab U.S. Dividend Equity ETF | 0.06% | $60.6B | — | -53bp on fee · 9× the assets | Head-to-head |
| VYM Vanguard High Dividend Yield Index Fund | 0.06% | $58.1B | — | -53bp on fee · 8× the assets | Head-to-head |
| DGRO iShares Core Dividend Growth ETF | 0.08% | $43.6B | −$50M | -51bp on fee · 6× the assets | Head-to-head |