{
 "ticker": "PDBA",
 "name": "Invesco Agriculture Commodity Strategy No K-1 ETF",
 "issuer": "Invesco",
 "desk": "themes",
 "url": "https://etfiq.com/funds/pdba",
 "html": "https://etfiq.com/funds/pdba",
 "markdown": "https://etfiq.com/funds/pdba.md",
 "as_of": "2026-09-18",
 "verdict": "PDBA holds 2 stocks, and 100% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "0.0%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "PDBA, already in the S&P 500: 0.0%, as of Sep 18, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "100.0%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "PDBA, active share vs the S&P 500: 100.0%, as of Sep 18, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "100.0%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "PDBA, top ten holdings: 100.0%, as of Sep 18, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+7.5%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "PDBA, total return, 1 year: +7.5%, as of Sep 18, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$506m",
   "source": "the issuer\u2019s daily holdings, added up, as of Sep 19, 2026",
   "as_of": "2026-09-18",
   "sentence": "PDBA, net assets: $506m (the issuer\u2019s daily holdings, added up, as of Sep 19, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.59%",
   "source": "485BPOS XBRL, Feb 26, 2026",
   "as_of": "2026-09-18",
   "sentence": "PDBA, expense ratio: 0.59% (485BPOS XBRL, Feb 26, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Food and agriculture",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Aug 24, 2022",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "100.0%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "2",
   "source": null
  },
  {
   "key": "holdings_published_for",
   "label": "Holdings published for",
   "value": "Sep 19, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Invesco Premier US Government Money Portfolio 81.5%, POWERSHARES CAYMAN FUND 18.5%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$506m",
   "source": "the issuer\u2019s daily holdings, added up, as of Sep 19, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22124.6%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.59%",
   "source": "485BPOS XBRL, Feb 26, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.59%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "EVMT 97%, SATO 15%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+5.7%",
   "S&P 500": "+2.3%",
   "Gap to S&P 500": "+3.5 pts",
   "Gap to Nasdaq-100": "+8.2 pts"
  },
  {
   "window": "6 months",
   "Total return": "+4.9%",
   "S&P 500": "+18.0%",
   "Gap to S&P 500": "\u221213.2 pts",
   "Gap to Nasdaq-100": "\u221219.4 pts"
  },
  {
   "window": "1 year",
   "Total return": "+7.5%",
   "S&P 500": "+16.6%",
   "Gap to S&P 500": "\u22129.1 pts",
   "Gap to Nasdaq-100": "\u221214.3 pts"
  },
  {
   "window": "3 years",
   "Total return": "+43.1%",
   "S&P 500": "+78.4%",
   "Gap to S&P 500": "\u221235.3 pts",
   "Gap to Nasdaq-100": "\u221255.0 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+56.0%",
   "S&P 500": "+94.8%",
   "Gap to S&P 500": "\u221238.8 pts",
   "Gap to Nasdaq-100": "\u221278.7 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of PDBA is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 19, 2026, 0% of PDBA by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different."
  },
  {
   "q": "What does PDBA hold?",
   "a": "2 positions as published by its issuer for Sep 19, 2026, with the top ten at 100% of the fund. The largest are Invesco Premier US Government Money Portfolio at 81.5%, POWERSHARES CAYMAN FUND at 18.5%."
  },
  {
   "q": "Has PDBA beaten the S&P 500?",
   "a": "Over the year to Sep 18, 2026 PDBA returned +7.5% with distributions reinvested, against +16.6% for the S&P 500, so it finished behind the index by 9.1 points."
  },
  {
   "q": "What does PDBA cost?",
   "a": "The prospectus expense ratio is 0.59% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.59%."
  }
 ],
 "generated": "2026-09-21",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}