PDBC vs IALT

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

PDBC vs IALT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

PDBC

$5.30B

IALT

$5.30B

Expense Ratio

Winner

PDBC

0.59%

IALT

0.99%

Max Drawdown

PDBC

55.56%

Winner

IALT

2.27%

Sharpe Ratio

PDBC

1.54

Winner

IALT

2.33

5Y Beta

Winner

PDBC

0.12

IALT

0.31

5Y Dividends CAGR

PDBC

35.96%

IALT

N/A

PDBC vs IALT - Holdings Comparison

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

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

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

PDBC vs IALT - Historical Returns

Returns include dividend reinvestment.

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

Winner

PDBC

+5.70%

IALT

+2.63%

PDBC

-4.43%

Winner

IALT

+3.34%

Winner

PDBC

+20.97%

IALT

+10.57%

PDBC

+37.67%

IALT

N/A

5Y(CAGR)

PDBC

+11.37%

IALT

N/A

10Y(CAGR)

PDBC

+8.70%

IALT

N/A

Max(CAGR)

PDBC

+3.70%

Winner

IALT

+24.30%

PDBC vs IALT - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

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

PDBC vs IALT Drawdown Comparison

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

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

The current PDBC drawdown is -8.78%.

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

Correlation

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

0.86

-101

Dividend Comparison (2016 - 2026)

PDBC vs IALT dividend yield comparison.

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