PDBC Stock Recent News
PDBC LATEST HEADLINES
A commodity ETF can serve an important role in well-diversified portfolios. As inflation shows signs of reaccelerating and energy prices surge, many investors are allocating to the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC).
The threat of a recession looming over the U.S. economy may have turned investors away from commodities. However, the tide could be turning in their favor based on trader activity in exchange traded funds (ETFs).
Given the current global and national economic environment, investors and advisors remain keen on finding new asset classes to put funds into. The main topics and asset classes investors continue to engage with are U.S. fixed income, U.S. equities, and international equities.
The US Dollar Index fell below the crucial 100 level on Thursday, with some economists predicting softer US real GDP growth in late 2023 and a potential recession in 2024. Despite a falling dollar and positive economic outlook, commodity prices remain unstable, with the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) expected to continue fluctuating. The PDBC, which has high exposure to energy-related commodities, has not shown signs of a new bull market, despite US oil prices recently rising above $75.
PDBC is the largest and highest-traded commodity ETF and a popular choice among investors. Though its returns are superior to those of its closest competitors, if an investor has room for just one commodity fund in their portfolio, there are better options.
This is the issuer's first foray into the asset class.
The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is standing out from its commodities ETFs peers as it continues to accrete strong inflows. PDBC has garnered $232 million in net flows year to date.
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