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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 Wed, Nov 20
Price13.52
Volume3m
Avg Vol3m
RSf13.5
$Vol(21d)34m
52 wk High14.55
52 wk Low12.60
Yield(ttm)4.14%
Inception:Nov 2014
Total Returns:
1 day0.1%
5 day2.0%
1 month-1.7%
3 month2.4%
6 month-5.0%
9 month1.4%
1 year-3.0%
 
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 TrGSG0.97  
Invesco DB Oil FundDBO0.93  
Harbor All-Weather Inflation Focus ETFHGER0.93  
ProShares Ultra DJ-AIG Crude OilUCO0.92  
ProShares K-1 Free Crude Oil Strategy ETFOILK0.92  
United States Brent Oil Fund LPBNO0.92  
First Trust Gbl Tactical Commodity StrategyFTGC0.92  
US Oil Fund ETFUSO0.92  
Least Correlated
Defiance S&P 500 Enhanced OptionsWDTE0.00  
SPDR Barclays Short Term Municipal Bond ETFSHM0.00  
Panagram BBB-B CLO ETFCLOZ0.00  
iShares Short Maturity Bond ETFNEAR0.00  
PIMCO 15+ Year US TIPS Index ETFLTPZ0.00  
Vanguard ESG U.S. Corporate Bond ETFVCEB0.00  
iShares S&P New York Municipal Bond FundNYF-0.00  
Invesco BulletShares 2027 Corp BondBSCR-0.00  
First Trust SkyBridge Crypto Ind and Digital Econ ETFCRPT-0.00  
iShares S&P Gbl UtilitiesJXI-0.00  
Most Inversely Correlated
Direxion Daily Gold Miners Bear 2X ShrsDUST-0.44  
Direxion Daily China Bear 3X SharesYANG-0.44  
MicroSectors Gold Miners -3X Inverse Levgd ETNGDXD-0.44  
Direxion Emerging Markets Bear 3X SharesEDZ-0.48  
ProShares UltraShort GoldGLL-0.49  
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-0.92  
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: 2024-11-15.


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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