SMBS vs PDBC

Comparison between SCHWAB MORTGAGE-BACKED SECURITIES ETF (SMBS, ETF) and INVESCO OPTIMUM YIELD DIVERSIFIED COMMODITY STRATEGY NO K-1 ETF (PDBC, ETF).

SMBS vs PDBC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMBS(ETF)	PDBC(ETF)
Net Assets	$6.30B	$6.30B
Expense Ratio	0.03%	0.59%
Max Drawdown	3.68%	55.56%
Sharpe Ratio	0.69	2.14
5Y Beta	0.03	0.17
5Y Dividends CAGR	N/A	35.96%

Net Assets

SMBS

$6.30B

PDBC

$6.30B

Expense Ratio

Winner

SMBS

0.03%

PDBC

0.59%

Max Drawdown

Winner

SMBS

3.68%

PDBC

55.56%

Sharpe Ratio

SMBS

0.69

Winner

PDBC

2.14

5Y Beta

Winner

SMBS

0.03

PDBC

0.17

5Y Dividends CAGR

SMBS

N/A

PDBC

35.96%

SMBS vs PDBC - Historical Returns

Returns include dividend reinvestment.

Period	SMBS	PDBC
1 month	-0.66%	+8.28%
3 months	-1.16%	+31.97%
6 months	+1.22%	+42.35%
1 year	+6.49%	+49.24%
5 years(CAGR)	N/A	+14.17%
10 years(CAGR)	N/A	+9.56%
Max(CAGR)	+5.72%	+4.50%

SMBS

-0.66%

Winner

PDBC

+8.28%

SMBS

-1.16%

Winner

PDBC

+31.97%

SMBS

+1.22%

Winner

PDBC

+42.35%

SMBS

+6.49%

Winner

PDBC

+49.24%

5Y(CAGR)

SMBS

N/A

PDBC

+14.17%

10Y(CAGR)

SMBS

N/A

PDBC

+9.56%

Max(CAGR)

Winner

SMBS

+5.72%

PDBC

+4.50%

SMBS vs PDBC - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	SMBS	PDBC
2026	+0.56%	+40.81%
2025	+8.23%	+4.78%
2024	-0.07%	+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%

SMBS vs PDBC Drawdown Comparison

The maximum drawdown for SMBS was -3.20%, occurring on Jan 13, 2025. Recovery took 52 trading sessions.

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

The current SMBS drawdown is -1.57%. The current PDBC drawdown is -1.11%.

Rank	SMBS	PDBC
#1	-3.20% Dec 6, 2024 - Feb 25, 2025	-49.54% Nov 7, 2014 - Oct 14, 2021
#2	-2.83% Apr 4, 2025 - Jun 26, 2025	-27.64% Jun 9, 2022 - Mar 6, 2026
#3	-2.53% Feb 27, 2026 - Mar 26, 2026	-13.22% Mar 8, 2022 - Apr 18, 2022
#4	-1.11% Jun 26, 2025 - Aug 1, 2025	-11.62% Oct 20, 2021 - Jan 18, 2022
#5	-0.90% Oct 28, 2025 - Nov 25, 2025	-5.40% Apr 18, 2022 - May 26, 2022
#6	-0.89% Mar 3, 2025 - Apr 1, 2025	-4.98% Mar 18, 2026 - Mar 30, 2026
#7	-0.85% Sep 16, 2025 - Oct 14, 2025	-4.05% Apr 6, 2026 - Apr 22, 2026
#8	-0.78% Nov 26, 2025 - Dec 18, 2025	-3.48% May 4, 2026 - May 12, 2026
#9	-0.58% Jan 14, 2026 - Feb 6, 2026	-2.29% Mar 30, 2026 - Apr 2, 2026
#10	-0.47% Aug 13, 2025 - Aug 22, 2025	-1.80% Mar 12, 2026 - Mar 18, 2026
#11	-0.39% Aug 5, 2025 - Aug 13, 2025	-1.73% Feb 24, 2022 - Feb 28, 2022
#12	-0.39% Dec 29, 2025 - Jan 7, 2026	-1.59% Feb 14, 2022 - Feb 22, 2022
#13	-0.38% Nov 25, 2024 - Nov 29, 2024	-1.16% Mar 6, 2026 - Mar 10, 2026
#14	-0.36% Apr 1, 2025 - Apr 3, 2025	-1.11% May 12, 2026 - May 13, 2026
#15	-0.31% Oct 21, 2025 - Oct 28, 2025	-0.86% Apr 30, 2026 - May 4, 2026

Correlation

Correlation between SMBS and PDBC is 0.66 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.66

-101

Dividend Comparison (2016 - 2026)

SMBS vs PDBC dividend yield comparison.

Year	SMBS	PDBC
2026	1.70%	0.00%
2025	4.83%	3.84%
2024	0.50%	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%