PDBC vs BBAX

Comparison between INVESCO OPTIMUM YIELD DIVERSIFIED COMMODITY STRATEGY NO K-1 ETF (PDBC, ETF) and JPMORGAN BETABUILDERS DEVELOPED ASIA PACIFIC EX-JAPAN ETF (BBAX, ETF).

5-Year PerformancePDBC has outperformed BBAX, delivering a return of +14.2% compared to +5.9%

PDBC vs BBAX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PDBC(ETF)	BBAX(ETF)
Net Assets	$6.30B	$6.40B
Expense Ratio	0.59%	0.19%
Max Drawdown	55.56%	39.64%
Sharpe Ratio	2.14	1.39
5Y Beta	0.17	0.74
5Y Dividends CAGR	35.96%	7.67%

Net Assets

PDBC

$6.30B

Winner

BBAX

$6.40B

Expense Ratio

PDBC

0.59%

Winner

BBAX

0.19%

Max Drawdown

PDBC

55.56%

Winner

BBAX

39.64%

Sharpe Ratio

Winner

PDBC

2.14

BBAX

1.39

5Y Beta

Winner

PDBC

0.17

BBAX

0.74

5Y Dividends CAGR

Winner

PDBC

35.96%

BBAX

7.67%

PDBC vs BBAX - Historical Returns

Returns include dividend reinvestment.

Period	PDBC	BBAX
1 month	+8.28%	-1.47%
3 months	+31.97%	+0.60%
6 months	+42.35%	+13.61%
1 year	+49.24%	+24.22%
5 years(CAGR)	+14.17%	+5.86%
10 years(CAGR)	+9.56%	N/A
Max(CAGR)	+4.50%	+6.95%

Winner

PDBC

+8.28%

BBAX

-1.47%

Winner

PDBC

+31.97%

BBAX

+0.60%

Winner

PDBC

+42.35%

BBAX

+13.61%

Winner

PDBC

+49.24%

BBAX

+24.22%

5Y(CAGR)

Winner

PDBC

+14.17%

BBAX

+5.86%

10Y(CAGR)

PDBC

+9.56%

BBAX

N/A

Max(CAGR)

PDBC

+4.50%

Winner

BBAX

+6.95%

PDBC vs BBAX - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	PDBC	BBAX
2026	+40.81%	+10.18%
2025	+4.78%	+20.43%
2024	+2.93%	+3.69%
2023	-3.86%	+5.73%
2022	+18.74%	-4.79%
2021	+42.33%	+4.72%
2020	-8.29%	+6.61%
2019	+11.07%	+19.97%
2018	-13.27%	-9.66%
2017	+5.64%	N/A
2016	+19.28%	N/A
2015	-26.23%	N/A
2014	-15.49%	N/A

PDBC vs BBAX Drawdown Comparison

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

The maximum drawdown for BBAX was -39.64%, occurring on Mar 23, 2020. Recovery took 217 trading sessions.

The current PDBC drawdown is -1.11%. The current BBAX drawdown is -2.24%.

Rank	PDBC	BBAX
#1	-49.54% Nov 7, 2014 - Oct 14, 2021	-39.64% Jan 16, 2020 - Nov 24, 2020
#2	-27.64% Jun 9, 2022 - Mar 6, 2026	-24.40% Jun 4, 2021 - Sep 16, 2024
#3	-13.22% Mar 8, 2022 - Apr 18, 2022	-20.13% Oct 2, 2024 - Jun 2, 2025
#4	-11.62% Oct 20, 2021 - Jan 18, 2022	-12.75% Aug 29, 2018 - Feb 22, 2019
#5	-5.40% Apr 18, 2022 - May 26, 2022	-10.47% Jul 3, 2019 - Jan 2, 2020
#6	-4.98% Mar 18, 2026 - Mar 30, 2026	-9.00% Feb 25, 2026 - Mar 30, 2026
#7	-4.05% Apr 6, 2026 - Apr 22, 2026	-6.25% Oct 28, 2025 - Dec 23, 2025
#8	-3.48% May 4, 2026 - May 12, 2026	-4.99% Jan 21, 2021 - Feb 11, 2021
#9	-2.29% Mar 30, 2026 - Apr 2, 2026	-4.66% May 3, 2019 - Jun 19, 2019
#10	-1.80% Mar 12, 2026 - Mar 18, 2026	-4.51% Feb 23, 2021 - Apr 14, 2021
#11	-1.73% Feb 24, 2022 - Feb 28, 2022	-3.87% Sep 15, 2025 - Oct 28, 2025
#12	-1.59% Feb 14, 2022 - Feb 22, 2022	-2.80% Nov 25, 2020 - Dec 4, 2020
#13	-1.16% Mar 6, 2026 - Mar 10, 2026	-2.78% Aug 8, 2018 - Aug 29, 2018
#14	-1.11% May 12, 2026 - May 13, 2026	-2.77% May 10, 2021 - May 28, 2021
#15	-0.86% Apr 30, 2026 - May 4, 2026	-2.71% Jun 10, 2025 - Jun 26, 2025

Correlation

Correlation between PDBC and BBAX is 0.76 which considered as a strong positive correlation - the stocks tend to move together.

0.76

-101

Dividend Comparison (2016 - 2026)

PDBC vs BBAX dividend yield comparison.

Year	PDBC	BBAX
2026	0.00%	0.78%
2025	3.84%	3.86%
2024	4.42%	4.13%
2023	4.21%	4.17%
2022	13.05%	5.06%
2021	50.83%	5.47%
2020	0.01%	2.57%
2019	1.40%	4.07%
2018	1.00%	1.36%
2017	3.83%	0.00%
2016	6.51%	0.00%