PDBA vs JOF

Comparison between Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA, ETF) and Japan Smaller Capitalization Fund Inc (JOF, ETF).

PDBA vs JOF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PDBA(ETF)	JOF(ETF)
Net Assets	$365M	$364M
Expense Ratio	0.59%	N/A
Max Drawdown	15.55%	69.98%
Sharpe Ratio	0.76	1.18
5Y Beta	0.11	0.63
5Y Dividends CAGR	N/A	27.51%

Net Assets

Winner

PDBA

$365M

JOF

$364M

Expense Ratio

PDBA

0.59%

JOF

N/A

Max Drawdown

Winner

PDBA

15.55%

JOF

69.98%

Sharpe Ratio

PDBA

0.76

Winner

JOF

1.18

5Y Beta

Winner

PDBA

0.11

JOF

0.63

5Y Dividends CAGR

PDBA

N/A

JOF

27.51%

PDBA vs JOF - Historical Returns

Returns include dividend reinvestment.

Period	PDBA	JOF
1 month	+5.71%	-4.18%
3 months	+3.67%	+4.78%
6 months	+10.34%	+5.07%
1 year	+12.40%	+27.13%
5 years(CAGR)	N/A	+10.60%
10 years(CAGR)	N/A	+9.74%
Max(CAGR)	+12.06%	+4.10%

Winner

PDBA

+5.71%

JOF

-4.18%

PDBA

+3.67%

Winner

JOF

+4.78%

Winner

PDBA

+10.34%

JOF

+5.07%

PDBA

+12.40%

Winner

JOF

+27.13%

5Y(CAGR)

PDBA

N/A

JOF

+10.60%

10Y(CAGR)

PDBA

N/A

JOF

+9.74%

Max(CAGR)

Winner

PDBA

+12.06%

JOF

+4.10%

PDBA vs JOF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PDBA	JOF
2026	+10.29%	+7.62%
2025	-0.76%	+50.68%
2024	+34.12%	+5.64%
2023	+8.99%	+20.84%
2022	-1.60%	-17.17%
2021	N/A	-5.68%
2020	N/A	+4.08%
2019	N/A	+15.72%
2018	N/A	-16.43%
2017	N/A	+40.89%
2016	N/A	+5.37%
2015	N/A	+24.58%
2014	N/A	+0.35%
2013	N/A	+27.75%
2012	N/A	+0.20%
2011	N/A	-20.53%
2010	N/A	+20.38%
2009	N/A	-2.21%
2008	N/A	-21.92%
2007	N/A	-29.27%
2006	N/A	-10.36%
2005	N/A	+25.43%
2004	N/A	+13.19%
2003	N/A	+76.38%
2002	N/A	+6.09%
2001	N/A	+0.04%
2000	N/A	-46.26%
1999	N/A	-10.46%

PDBA vs JOF Drawdown Comparison

The maximum drawdown for PDBA was -12.45%, occurring on Aug 1, 2024. Recovery took 148 trading sessions.

The maximum drawdown for JOF was -65.75%, occurring on Nov 20, 2008. Recovery took 2983 trading sessions.

The current PDBA drawdown is -1.96%. The current JOF drawdown is -7.72%.

Rank	PDBA	JOF
#1	-12.45% Apr 24, 2024 - Nov 22, 2024	-65.75% Sep 29, 2005 - Aug 7, 2017
#2	-9.61% Feb 18, 2025 - Mar 31, 2026	-58.12% Nov 5, 1999 - Mar 17, 2004
#3	-8.59% May 13, 2026 - Jun 9, 2026	-42.14% Jan 17, 2018 - Mar 12, 2025
#4	-6.27% Aug 29, 2022 - Feb 21, 2023	-30.52% Apr 12, 2004 - Sep 12, 2005
#5	-5.44% Jul 25, 2023 - Nov 3, 2023	-17.23% Feb 23, 2026 - Mar 20, 2026
#6	-5.30% Jun 21, 2023 - Jul 24, 2023	-9.79% Mar 27, 2025 - Apr 22, 2025
#7	-5.24% Feb 21, 2023 - Apr 11, 2023	-8.29% Sep 17, 2025 - Nov 28, 2025
#8	-4.39% Nov 6, 2023 - Jan 24, 2024	-6.41% Apr 5, 2004 - Apr 12, 2004
#9	-3.98% Apr 18, 2023 - Jun 12, 2023	-5.05% Nov 8, 2017 - Nov 27, 2017
#10	-2.98% Dec 18, 2024 - Jan 13, 2025	-4.09% Dec 20, 2017 - Jan 4, 2018
#11	-2.70% Apr 15, 2024 - Apr 18, 2024	-4.04% Sep 20, 2005 - Sep 27, 2005
#12	-1.92% May 5, 2026 - May 12, 2026	-3.91% Nov 28, 2017 - Dec 18, 2017
#13	-1.85% Feb 9, 2024 - Feb 26, 2024	-3.47% Aug 7, 2017 - Sep 8, 2017
#14	-1.83% Apr 19, 2024 - Apr 24, 2024	-3.05% Sep 16, 2005 - Sep 20, 2005
#15	-1.75% Mar 31, 2026 - Apr 23, 2026	-3.01% Jul 23, 2025 - Aug 6, 2025

Correlation

Correlation between PDBA and JOF is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2000 - 2026)

PDBA vs JOF dividend yield comparison.

Year	PDBA	JOF
2026	0.00%	5.56%
2025	3.32%	4.80%
2024	13.01%	4.07%
2023	6.82%	3.50%
2022	0.74%	0.71%
2021	0.00%	7.70%
2020	0.00%	3.81%
2019	0.00%	8.30%
2018	0.00%	20.55%
2017	0.00%	15.89%
2016	0.00%	9.63%
2015	0.00%	8.58%
2014	0.00%	1.48%
2013	0.00%	2.17%
2012	0.00%	1.13%
2011	0.00%	0.49%
2010	0.00%	0.89%
2009	0.00%	0.73%
2008	0.00%	1.57%
2007	0.00%	0.04%
2006	0.00%	12.90%
2001	0.00%	1.43%
2000	0.00%	14.26%