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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:
This data as of Market Close on Fri, Nov 22
Price13.63
Volume2m
Avg Vol3m
RSf12.5
$Vol(21d)35m
52 wk High14.55
52 wk Low12.60
Yield(ttm)4.11%
Inception:Nov 2014
Total Returns:
1 day0.3%
5 day3.4%
1 month-0.6%
3 month0.4%
6 month-4.1%
9 month2.9%
1 year-1.9%
 
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 ETFCOMT0.98  
iShares S&P GSCI Commodity-Indexed TrGSG0.98  
Invesco DB Oil FundDBO0.93  
ProShares Ultra DJ-AIG Crude OilUCO0.93  
ProShares K-1 Free Crude Oil Strategy ETFOILK0.93  
Harbor All-Weather Inflation Focus ETFHGER0.93  
United States Brent Oil Fund LPBNO0.93  
US Oil Fund ETFUSO0.92  
First Trust Gbl Tactical Commodity StrategyFTGC0.92  
Least Correlated
Simplify Stable Income ETFBUCK0.00  
iShares Yield Optimized Bond ETFBYLD0.00  
SPDR Portfolio L.T. Corp BondsSPLB0.00  
PIMCO 15+ Year US TIPS Index ETFLTPZ0.00  
Invesco Senior Loan Port BKLN0.00  
iShares 0-5 yr Invest Grade Corp Bd ETFSLQD0.00  
Panagram BBB-B CLO ETFCLOZ0.00  
Schwab Crypto EconomySTCE-0.00  
Amer Century Divers Muncpl Bd ETFTAXF-0.00  
iShares Long-Term Corp Bond ETFIGLB-0.00  
Most Inversely Correlated
Direxion Daily China Bear 3X SharesYANG-0.44  
Direxion Daily Gold Miners Bear 2X ShrsDUST-0.45  
MicroSectors Gold Miners -3X Inverse Levgd ETNGDXD-0.45  
Direxion Emerging Markets Bear 3X SharesEDZ-0.49  
ProShares UltraShort GoldGLL-0.50  
Direxion Energy Bear 2X SharesERY-0.52  
Proshares UltraShort Oil & GasDUG-0.52  
ProShares UltraShort SilverZSL-0.53  
Direxion Dly S&P Oil & Gas E&P Bear 2X ETFDRIP-0.54  
ProShares UltraShort DJ-AIG Crude OilSCO-0.93  
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: 2024-11-22.


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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