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Invesco Optm Yld Divsfd Comdty ETF (PDBC) - ETF





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Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price14.04
Volume1m
Avg Vol3m
RSf18.9
$Vol(21d)34m
52 wk High14.73
52 wk Low12.85
Yield(ttm)3.99%
Inception:Nov 2014
Total Returns:
1 day-0.6%
5 day0.4%
1 month-2.6%
3 month1.7%
6 month3.3%
9 month-3.6%
1 year3.2%
Price Data: Closing Price
 
Compare Funds:
Correlated Group: Energy (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
Invesco DB Commodity Index TrackingDBC0.99  
iShares Commodity Dyn Roll Stgy ETFCOMT0.96  
iShares S&P GSCI Commodity-Indexed TrGSG0.95  
Invesco DB Oil FundDBO0.90  
ProShares K-1 Free Crude Oil Strategy ETFOILK0.88  
ProShares Ultra DJ-AIG Crude OilUCO0.88  
First Trust Gbl Tactical Commodity StrategyFTGC0.88  
Aberdeen Bloomberg All Commodity Strtgy ETFBCI0.88  
Aberdeen Bloomberg All Cmdty Lngr Dated Strtgy ETFBCD0.88  
iPath DJ AIG Commodity ETNDJP0.88  
Least Correlated
FlexShares iBoxx 3-Year Target Duration TIPS IndexTDTT0.00  
CBOE Vest S&P500 Div AristocratsKNG0.00  
First Trust Capital StrengthFTCS0.00  
Fidelity MSCI TelecommunicationsFCOM0.00  
iShares MSCI India Index ETFINDA0.00  
Select Sector SPDR - Communication ServicesXLC-0.00  
Pacer Benchmark Data Infras RE SCTR ETFSRVR-0.00  
CurrencyShares Japanese Yen TrustFXY-0.00  
iShares iBoxx $ High Yield Corporate Bond FunHYG-0.00  
First Trust NYSE Biotech IndexFBT-0.00  
Most Inversely Correlated
Direxion Daily Gold Miners Bear 2X ShrsDUST-0.31  
MicroSectors Gold Miners -3X Inverse Levgd ETNGDXD-0.32  
ProShares UltraShort GoldGLL-0.33  
Direxion Daily Jr Gld Mnrs Bear 2X Shrs ETFJDST-0.34  
ProShares UltraShort SilverZSL-0.43  
Direxion Energy Bear 2X SharesERY-0.55  
Proshares UltraShort Oil & GasDUG-0.56  
MicroSectors US Big Oil Index -3X Inverse Levgd ETNNRGD-0.56  
Direxion Dly S&P Oil & Gas E&P Bear 2X ETFDRIP-0.61  
ProShares UltraShort DJ-AIG Crude OilSCO-0.88  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2024-06-21.


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








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