(PDBA) Agriculture Commodity - Overview
Etf: Derivatives, Agriculture, Commodity, ETF, Actively-Managed
Dividends
| Dividend Yield | 3.33% |
| Yield on Cost 5y | 4.69% |
| Yield CAGR 5y | 72.54% |
| Payout Consistency | 74.7% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 8.92% |
| Relative Tail Risk | 1.24% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.58 |
| Alpha | -10.18 |
| Character TTM | |
|---|---|
| Beta | 0.169 |
| Beta Downside | 0.244 |
| Drawdowns 3y | |
|---|---|
| Max DD | 12.45% |
| CAGR/Max DD | 1.06 |
Description: PDBA Agriculture Commodity January 05, 2026
The Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ: PDBA) is an actively managed U.S.-based commodity-focused ETF that aims to track the performance of agriculture-related markets without holding physical commodities, futures contracts, or commodity-linked instruments directly. Instead, the fund’s advisor seeks to generate returns that are highly correlated to agricultural commodity prices by investing indirectly through a subsidiary that holds related financial instruments.
Key quantitative points (as of the latest filing) include an expense ratio of roughly 0.70%, assets under management near $120 million, and an average correlation of about 0.85 with the Bloomberg Agriculture Sub-Index over the past 12 months. The portfolio’s largest exposures are typically to corn, soybeans, and wheat, with sector weightings shifting in response to USDA crop reports, global bio-fuel demand, and weather-driven supply shocks.
Primary macro drivers for PDBA’s performance are: (1) seasonal planting and harvest cycles that affect supply elasticity; (2) international trade policies-especially U.S.–China grain tariffs-that can swing price volatility; and (3) macro-level commodity price trends linked to inflation expectations and currency movements.
If you want a data-rich, side-by-side comparison of PDBA’s risk-adjusted returns versus peer ETFs, ValueRay’s analytics dashboard offers a convenient starting point for deeper research.
What is the price of PDBA shares?
Over the past week, the price has changed by +0.47%, over one month by -0.20%, over three months by +2.22% and over the past year by -3.69%.
Is PDBA a buy, sell or hold?
What are the forecasts/targets for the PDBA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 38.7 | 12.6% |
PDBA Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 65.5m USD (65.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 65.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 65.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.54% (E(65.5m)/V(65.5m) * Re(6.54%) + (debt-free company))
Discount Rate = 6.54% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)