Invesco Optimum Yield Etf Profile
| PDBC Etf | USD 13.36 0.08 0.60% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Invesco Optimum is trading at 13.36 as of the 28th of November 2024, a 0.6 percent decrease since the beginning of the trading day. The etf's open price was 13.44. Invesco Optimum has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Invesco Optimum Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing in a combination of financial instruments that are economically linked to the worlds most heavily traded commodities. Optimum Yield is traded on NASDAQ Exchange in the United States.. More on Invesco Optimum Yield
Moving together with Invesco Etf
Invesco Etf Highlights
| Thematic Idea | Broad Commodities ETFs (View all Themes) |
| Business Concentration | Broad Commodities ETFs, Commodities Broad Basket, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2014-11-05 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 4.42 Billion |
| Average Trading Valume | 2.64 Million |
| Asset Type | Commodities |
| Category | Broad Commodities |
| Focus | Broad Commodities |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Invesco Capital Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Invesco Distributors, Inc. |
| Portfolio Manager | Peter Hubbard, Theodore Samulowitz, David Hemming |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Apr |
| Exchange | NASDAQ |
| Number of Constituents | 32.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.64 |
| Management Fee | 0.59 |
| Country Name | USA |
| Returns Y T D | 1.05 |
| Name | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF |
| Currency Code | USD |
| Open Figi | BBG007HL81C5 |
| In Threey Volatility | 15.59 |
| 1y Volatility | 8.29 |
| 200 Day M A | 13.7153 |
| 50 Day M A | 13.5914 |
| Code | PDBC |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.05 |
Invesco Optimum Yield [PDBC] is traded in USA and was established 2014-11-07. The fund is listed under Commodities Broad Basket category and is part of Invesco family. The entity is thematically classified as Broad Commodities ETFs. Invesco Optimum Yield at this time have 7.35 B in assets. , while the total return for the last 3 years was 5.4%.
Check Invesco Optimum Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco Optimum Yield Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Invesco Optimum Yield Etf Constituents
| AGPXX | Invesco Short Term Investments | Money Market Fund | US Money Market Fund | |
| IUGXX | Invesco Treasurers Series | Money Market Fund | US Money Market Fund |
Invesco Optimum Top Holders
| ASTLX | Astor Longshort Fund | Mutual Fund | Tactical Allocation | |
| WMRIX | Wilmington Multi Manager Real | Mutual Fund | World Allocation | |
| TRTY | Cambria Trinity ETF | Etf | Tactical Allocation | |
| MMDCX | Madison Moderate Allocation | Mutual Fund | Allocation--50% to 70% Equity | |
| GAL | SPDR SSgA Global | Etf | Global Allocation | |
| GAA | Cambria Global Asset | Etf | Global Allocation | |
| RAAX | VanEck Inflation Allocation | Etf | Moderate Allocation | |
| RLY | SPDR SSgA Multi Asset | Etf | Global Allocation |
Invesco Optimum Yield Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco Optimum. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.008 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.10) |
Invesco Optimum Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Optimum Yield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Invesco Optimum Yield is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Optimum's value that differs from its market value or its book value, called intrinsic value, which is Invesco Optimum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Optimum's market value can be influenced by many factors that don't directly affect Invesco Optimum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Optimum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Optimum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Optimum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.