PDBC ucits alternative: CMOD
BestFolio maps PDBC to CMOD as a close match European-listed alternative, with ISIN IE00BD6FTQ80. Eligibility depends on the investor's jurisdiction, broker and account type.
US to European mapping
Original US-listed ETF ticker used in strategy rules and backtests.
Invesco Bloomberg Commodity UCITS ETF
Euronext listing: CMOD.MI (Milan)
Universal identifier to search at European brokers.
CMOD is the closest European-listed substitute BestFolio uses for PDBC.
Include an issuer page or KID so the identity can be rechecked.
What is CMOD?
CMOD is Invesco Bloomberg Commodity UCITS ETF, the European-listed product BestFolio uses when translating PDBC. Most targets are UCITS ETFs; some commodity and leveraged targets are UCITS-eligible ETCs or ETPs instead. Product structure and retail eligibility must be checked for the exact ISIN.
Invesco's direct UCITS equivalent of their US DBC/PDBC products. Bloomberg Commodity Index. TER 0.19%. EUR-hedged version: IE00BF4J0300. The source ticker has 1x exposure and the mapped target has 1x exposure, so BestFolio can flag leverage differences during allocation translation.
Where PDBC is used on BestFolio
PDBC appears in 4 currently published BestFolio strategy universes or signal rules.
Build the full UCITS version of a TAA strategy
This ticker page is one building block. The hub shows complete tactical asset allocation strategies whose sleeves can be translated for European brokers.