PDBC vs KWEB

Comparison between INVESCO OPTIMUM YIELD DIVERSIFIED COMMODITY STRATEGY NO K-1 ETF (PDBC, ETF) and KRANESHARES CSI CHINA INTERNET ETF (KWEB, ETF).

5-Year PerformancePDBC has outperformed KWEB, delivering a return of +11.0% compared to -14.4%

PDBC vs KWEB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PDBC(ETF)	KWEB(ETF)
Net Assets	$6.10B	$6.20B
Expense Ratio	0.59%	0.70%
Max Drawdown	55.56%	82.22%
Sharpe Ratio	1.48	-0.80
5Y Beta	0.16	0.84
5Y Dividends CAGR	35.96%	119.33%

Net Assets

PDBC

$6.10B

Winner

KWEB

$6.20B

Expense Ratio

Winner

PDBC

0.59%

KWEB

0.70%

Max Drawdown

Winner

PDBC

55.56%

KWEB

82.22%

Sharpe Ratio

Winner

PDBC

1.48

KWEB

-0.80

5Y Beta

Winner

PDBC

0.16

KWEB

0.84

5Y Dividends CAGR

PDBC

35.96%

Winner

KWEB

119.33%

PDBC vs KWEB - Holdings Comparison

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

PDBC's top 25 holdings weight is 82.76%. KWEB's top 25 holdings weight is 95.36%.

Rank	PDBC	KWEB
#1	INVESCO PREMIER US GOVERNMENT MONEY INST (IUGXX) - 82.76%	TENCENT HOLDINGS LTD (n/a) - 9.80%
#2	N/A	ALIBABA GROUP HOLDING LTD ORDINARY SHARES (n/a) - 9.58%
#3	N/A	PDD HOLDINGS INC ADR (PDD) - 7.49%
#4	N/A	MEITUAN CLASS B (n/a) - 7.40%
#5	N/A	NETEASE INC ORDINARY SHARES (n/a) - 6.69%
#6	N/A	BAIDU INC (n/a) - 5.32%
#7	N/A	JD.COM INC ORDINARY SHARES CLASS A (n/a) - 5.09%
#8	N/A	KE HOLDINGS INC CLASS A (n/a) - 5.02%
#9	N/A	FULL TRUCK ALLIANCE CO LTD ADR (YMM) - 4.02%
#10	N/A	TRIP.COM GROUP LTD (n/a) - 3.55%
#11	N/A	KUAISHOU TECHNOLOGY ORDINARY SHARES CLASS B (n/a) - 3.53%
#12	N/A	JD HEALTH INTERNATIONAL INC (n/a) - 3.31%
#13	N/A	KANZHUN LTD ADR (BZ) - 3.16%
#14	N/A	TAL EDUCATION GROUP ADR (TAL) - 2.94%
#15	N/A	BILIBILI INC CLASS Z (n/a) - 2.72%
#16	N/A	TENCENT MUSIC ENTERTAINMENT GROUP ADR (TME) - 2.50%
#17	N/A	VIPSHOP HOLDINGS LTD ADR (VIPS) - 2.43%
#18	N/A	KINGSOFT CORP LTD (n/a) - 1.86%
#19	N/A	ALIBABA HEALTH INFORMATION TECHNOLOGY LTD (n/a) - 1.79%
#20	N/A	TONGCHENG TRAVEL HOLDINGS LTD (n/a) - 1.54%
#21	N/A	QFIN HOLDINGS INC ADR (QFIN) - 1.23%
#22	N/A	XD INC ORDINARY SHARES (n/a) - 1.23%
#23	N/A	JOYY INC ADR (JOYY) - 1.19%
#24	N/A	NETEASE CLOUD MUSIC INC (n/a) - 1.01%
#25	N/A	CHINA LITERATURE LTD ORDINARY SHARES (n/a) - 0.96%
Total Holdings	1	33

PDBC vs KWEB - Historical Returns

Returns include dividend reinvestment.

Period	PDBC	KWEB
1 month	-9.78%	-9.13%
3 months	-0.87%	-11.88%
6 months	+29.96%	-23.86%
1 year	+34.50%	-19.40%
5 years(CAGR)	+10.98%	-14.37%
10 years(CAGR)	+7.95%	+0.19%
Max(CAGR)	+3.65%	+2.05%

PDBC

-9.78%

Winner

KWEB

-9.13%

Winner

PDBC

-0.87%

KWEB

-11.88%

Winner

PDBC

+29.96%

KWEB

-23.86%

Winner

PDBC

+34.50%

KWEB

-19.40%

5Y(CAGR)

Winner

PDBC

+10.98%

KWEB

-14.37%

10Y(CAGR)

Winner

PDBC

+7.95%

KWEB

+0.19%

Max(CAGR)

Winner

PDBC

+3.65%

KWEB

+2.05%

PDBC vs KWEB - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	PDBC	KWEB
2026	+28.46%	-25.65%
2025	+4.78%	+25.71%
2024	+2.93%	+15.93%
2023	-3.86%	-13.61%
2022	+18.74%	-16.60%
2021	+42.33%	-48.76%
2020	-8.29%	+48.91%
2019	+11.07%	+29.82%
2018	-13.27%	-36.80%
2017	+5.64%	+67.61%
2016	+19.28%	-4.23%
2015	-26.23%	+16.10%
2014	-15.49%	-2.62%
2013	N/A	+27.52%

PDBC vs KWEB Drawdown Comparison

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

The maximum drawdown for KWEB was -80.88%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The current PDBC drawdown is -9.78%. The current KWEB drawdown is -69.31%.

Rank	PDBC	KWEB
#1	-49.54% Nov 7, 2014 - Oct 14, 2021	-80.88% Feb 17, 2021 - Oct 24, 2022
#2	-27.64% Jun 9, 2022 - Mar 6, 2026	-45.26% Jan 26, 2018 - Jul 6, 2020
#3	-13.22% Mar 8, 2022 - Apr 18, 2022	-36.73% Jun 12, 2015 - Apr 24, 2017
#4	-11.62% Oct 20, 2021 - Jan 18, 2022	-26.16% Mar 6, 2014 - May 21, 2015
#5	-9.78% May 12, 2026 - Jun 12, 2026	-14.05% Oct 21, 2013 - Dec 31, 2013
#6	-5.40% Apr 18, 2022 - May 26, 2022	-10.93% Jan 22, 2014 - Feb 18, 2014
#7	-4.98% Mar 18, 2026 - Mar 30, 2026	-10.51% Nov 22, 2017 - Jan 2, 2018
#8	-4.05% Apr 6, 2026 - Apr 22, 2026	-9.60% Sep 1, 2020 - Oct 12, 2020
#9	-3.48% May 4, 2026 - May 12, 2026	-8.71% Jul 9, 2020 - Aug 5, 2020
#10	-2.29% Mar 30, 2026 - Apr 2, 2026	-8.05% Oct 16, 2017 - Nov 20, 2017
#11	-1.80% Mar 12, 2026 - Mar 18, 2026	-7.77% Aug 6, 2020 - Aug 28, 2020
#12	-1.73% Feb 24, 2022 - Feb 28, 2022	-7.13% Nov 6, 2020 - Dec 30, 2020
#13	-1.59% Feb 14, 2022 - Feb 22, 2022	-6.72% Jan 25, 2021 - Feb 3, 2021
#14	-1.16% Mar 6, 2026 - Mar 10, 2026	-6.24% Oct 4, 2013 - Oct 18, 2013
#15	-0.86% Apr 30, 2026 - May 4, 2026	-6.04% Jun 8, 2017 - Jul 13, 2017

Correlation

Correlation between PDBC and KWEB is -0.45 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.45

-101

Dividend Comparison (2013 - 2025)

PDBC vs KWEB dividend yield comparison.

Year	PDBC	KWEB
2025	3.84%	6.16%
2024	4.42%	3.51%
2023	4.21%	1.71%
2022	13.05%	0.00%
2021	50.83%	7.07%
2020	0.01%	0.29%
2019	1.40%	0.08%
2018	1.00%	3.40%
2017	3.83%	0.58%
2016	6.51%	1.19%
2015	0.00%	0.46%
2014	0.00%	0.89%
2013	0.00%	0.44%