PDBC max drawdown: 74.4%
Invesco Optimum Yield Diversified Commodity. From its 2008-06-30 peak, PDBC fell 74.4% to the 2020-04-30 trough and has not yet made a new high. Computed from 679 months of history starting 1970-01-31, including extended pre-ETF data where available.
The no-K-1 broad commodity fund.
PDBC drawdown statistics
2008-06-30 peak to 2020-04-30 trough.
Still below the prior peak.
Share of all months spent below a prior high.
Rolling year ending 2009-06-30.
For context, SPY (the S&P 500 baseline) had a maximum drawdown of 50.8% over the same kind of monthly-close analysis.
The biggest PDBC drawdowns on record
| Depth | Peak | Trough | Recovered | Peak to trough | Total underwater |
|---|---|---|---|---|---|
| -74.4% | 2008-06-30 | 2020-04-30 | not yet | 142 mo | 18.1 years |
| -51.6% | 1990-09-30 | 1999-02-28 | 2003-02-28 | 101 mo | 12.4 years |
| -37.5% | 1974-11-30 | 1977-07-31 | 1979-01-31 | 32 mo | 4.2 years |
| -35.3% | 1980-10-31 | 1986-07-31 | 1990-09-30 | 69 mo | 9.9 years |
| -22.6% | 2003-02-28 | 2003-04-30 | 2004-02-29 | 2 mo | 12 months |
Methodology: monthly closing prices, peak-to-trough on total return where available. History extends before the ETF's launch via documented proxy chains (index funds, indices, and academic series), the same data that powers BestFolio's strategy backtests. Educational information, not investment advice.
Drawdowns are the reason tactical strategies exist
Buy-and-hold PDBC means living through every number on this page. BestFolio tracks published TAA strategies whose whole job is cutting these drawdowns, with out-of-sample track records.