IALT vs PDBC

Comparison between iShares Systematic Alternatives Active ETF (IALT, ETF) and INVESCO OPTIMUM YIELD DIVERSIFIED COMMODITY STRATEGY NO K-1 ETF (PDBC, ETF).

IALT vs PDBC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IALT(ETF)	PDBC(ETF)
Net Assets	$5.30B	$5.30B
Expense Ratio	0.99%	0.59%
Max Drawdown	2.27%	55.56%
Sharpe Ratio	2.33	1.54
5Y Beta	0.31	0.12
5Y Dividends CAGR	N/A	35.96%

Net Assets

IALT

$5.30B

PDBC

$5.30B

Expense Ratio

IALT

0.99%

Winner

PDBC

0.59%

Max Drawdown

Winner

IALT

2.27%

PDBC

55.56%

Sharpe Ratio

Winner

IALT

2.33

PDBC

1.54

5Y Beta

IALT

0.31

Winner

PDBC

0.12

5Y Dividends CAGR

IALT

N/A

PDBC

35.96%

IALT vs PDBC - Holdings Comparison

IALT and PDBC have 0 common holdings. Overlap is 0.00%

IALT's top 25 holdings weight is 190.37%. PDBC's top 25 holdings weight is 76.95%.

Rank	IALT	PDBC
#1	CASH OFFSET (n/a) - 26.98%	INVESCO PREMIER US GOVERNMENT MONEY INST (IUGXX) - 76.95%
#2	EUR/USD PURCHASED (n/a) - 16.38%	N/A
#3	AUD/USD PURCHASED (n/a) - 14.38%	N/A
#4	GBP/USD PURCHASED (n/a) - 13.96%	N/A
#5	BRL/USD PURCHASED (n/a) - 11.89%	N/A
#6	CNY/USD PURCHASED (n/a) - 11.27%	N/A
#7	ZAR/USD PURCHASED (n/a) - 10.73%	N/A
#8	CAD/USD PURCHASED (n/a) - 9.54%	N/A
#9	INR/USD PURCHASED (n/a) - 9.50%	N/A
#10	CHF/EUR PURCHASED (n/a) - 8.77%	N/A
#11	NZD/USD PURCHASED (n/a) - 8.59%	N/A
#12	NOK/EUR PURCHASED (n/a) - 8.41%	N/A
#13	JPY/USD PURCHASED (n/a) - 6.47%	N/A
#14	MXN/USD PURCHASED (n/a) - 6.09%	N/A
#15	SEK/EUR PURCHASED (n/a) - 5.88%	N/A
#16	n/a (n/a) - 5.84%	N/A
#17	KRW/USD PURCHASED (n/a) - 5.34%	N/A
#18	SGD/USD PURCHASED (n/a) - 3.95%	N/A
#19	ICE: (CDX.NA.IG.46.V1) (n/a) - 1.01%	N/A
#20	n/a (n/a) - 0.99%	N/A
#21	CHF CASH (n/a) - 0.93%	N/A
#22	ICE: (ITRAXX.EUR.45.V1) (n/a) - 0.90%	N/A
#23	AXA SA (n/a) - 0.88%	N/A
#24	PARKER HANNIFIN CORP (PH) - 0.87%	N/A
#25	TWD/USD PURCHASED (n/a) - 0.82%	N/A
Total Holdings	1705	1

IALT vs PDBC - Historical Returns

Returns include dividend reinvestment.

Period	IALT	PDBC
1 month	+2.63%	+5.70%
3 months	+3.34%	-4.43%
6 months	+10.57%	+20.97%
1 year	N/A	+37.67%
5 years(CAGR)	N/A	+11.37%
10 years(CAGR)	N/A	+8.70%
Max(CAGR)	+24.30%	+3.70%

IALT

+2.63%

Winner

PDBC

+5.70%

Winner

IALT

+3.34%

PDBC

-4.43%

IALT

+10.57%

Winner

PDBC

+20.97%

IALT

N/A

PDBC

+37.67%

5Y(CAGR)

IALT

N/A

PDBC

+11.37%

10Y(CAGR)

IALT

N/A

PDBC

+8.70%

Max(CAGR)

Winner

IALT

+24.30%

PDBC

+3.70%

IALT vs PDBC - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	IALT	PDBC
2026	+14.21%	+29.89%
2025	+0.73%	+4.78%
2024	N/A	+2.93%
2023	N/A	-3.86%
2022	N/A	+18.74%
2021	N/A	+42.33%
2020	N/A	-8.29%
2019	N/A	+11.07%
2018	N/A	-13.27%
2017	N/A	+5.64%
2016	N/A	+19.28%
2015	N/A	-26.23%
2014	N/A	-15.49%

IALT vs PDBC Drawdown Comparison

The maximum drawdown for IALT was -2.27%, occurring on Jun 10, 2026. Recovery took 33 trading sessions.

The maximum drawdown for PDBC was -49.54%, occurring on Apr 28, 2020. Recovery took 1745 trading sessions.

The current PDBC drawdown is -8.78%.

Rank	IALT	PDBC
#1	-2.27% Jun 2, 2026 - Jul 21, 2026	-49.54% Nov 7, 2014 - Oct 14, 2021
#2	-2.04% Jul 22, 2026 - Aug 7, 2026	-27.64% Jun 9, 2022 - Mar 6, 2026
#3	-1.47% Apr 10, 2026 - Apr 24, 2026	-16.55% May 12, 2026 - Jun 24, 2026
#4	-1.28% Feb 3, 2026 - Feb 6, 2026	-13.22% Mar 8, 2022 - Apr 18, 2022
#5	-1.12% Mar 10, 2026 - Mar 17, 2026	-11.62% Oct 20, 2021 - Jan 18, 2022
#6	-0.81% Jan 14, 2026 - Jan 27, 2026	-5.40% Apr 18, 2022 - May 26, 2022
#7	-0.79% May 18, 2026 - Jun 1, 2026	-4.98% Mar 18, 2026 - Mar 30, 2026
#8	-0.76% Feb 10, 2026 - Feb 20, 2026	-4.05% Apr 6, 2026 - Apr 22, 2026
#9	-0.74% Jan 29, 2026 - Feb 3, 2026	-3.48% May 4, 2026 - May 12, 2026
#10	-0.61% Mar 2, 2026 - Mar 4, 2026	-2.29% Mar 30, 2026 - Apr 2, 2026
#11	-0.61% May 13, 2026 - May 18, 2026	-1.80% Mar 12, 2026 - Mar 18, 2026
#12	-0.60% Mar 25, 2026 - Mar 31, 2026	-1.73% Feb 24, 2022 - Feb 28, 2022
#13	-0.57% Apr 27, 2026 - Apr 30, 2026	-1.59% Feb 14, 2022 - Feb 22, 2022
#14	-0.54% Dec 10, 2025 - Dec 19, 2025	-1.16% Mar 6, 2026 - Mar 10, 2026
#15	-0.46% May 1, 2026 - May 11, 2026	-0.86% Apr 30, 2026 - May 4, 2026

Correlation

Correlation between IALT and PDBC is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2016 - 2026)

IALT vs PDBC dividend yield comparison.

Year	IALT	PDBC
2026	0.27%	0.00%
2025	0.14%	3.84%
2024	0.00%	4.42%
2023	0.00%	4.21%
2022	0.00%	13.05%
2021	0.00%	50.83%
2020	0.00%	0.01%
2019	0.00%	1.40%
2018	0.00%	1.00%
2017	0.00%	3.83%
2016	0.00%	6.51%