PDBA
PDBA 1-star rating from Upturn Advisory

Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA)

Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA) 1-star rating from Upturn Advisory
$34.86
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Upturn Advisory Summary

11/07/2025: PDBA (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 5.95%
Avg. Invested days 52
Today’s Advisory PASS
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Upturn Advisory Performance Upturn Advisory Performance icon 2.0
ETF Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/07/2025

Key Highlights

Volume (30-day avg) -
Beta -
52 Weeks Range 29.24 - 37.89
Updated Date 06/29/2025
52 Weeks Range 29.24 - 37.89
Updated Date 06/29/2025

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Invesco Agriculture Commodity Strategy No K-1 ETF

Invesco Agriculture Commodity Strategy No K-1 ETF(PDBA) company logo displayed in Upturn AI summary

ETF Overview

overview logo Overview

The Invesco Agriculture Commodity Strategy No K-1 ETF (symbol: DBA) seeks to track the DBIQ Diversified Agriculture Index Excess Return. It provides exposure to a basket of agricultural commodities, aiming to diversify risk across different crops and livestock. The ETF utilizes futures contracts to gain commodity exposure and does not issue a K-1 form.

Reputation and Reliability logo Reputation and Reliability

Invesco is a well-established global investment management firm with a strong reputation and extensive experience in offering a wide range of ETFs and other investment products.

Leadership icon representing strong management expertise and executive team Management Expertise

Invesco's management team consists of experienced professionals with expertise in commodity markets, portfolio management, and ETF structuring.

Investment Objective

Icon representing investment goals and financial objectives Goal

To track the DBIQ Diversified Agriculture Index Excess Return, providing investors with exposure to a diversified basket of agricultural commodities.

Investment Approach and Strategy

Strategy: The ETF tracks an index composed of futures contracts on a variety of agricultural commodities. It rebalances its holdings periodically to maintain the desired exposure.

Composition The ETF holds futures contracts on agricultural commodities such as corn, soybeans, wheat, cattle, and sugar. The weighting of each commodity is determined by the underlying index.

Market Position

Market Share: DBA's market share is dependent on overall investor demand for agricultural commodity exposure and competitive products.

Total Net Assets (AUM): 525300000

Competitors

Key Competitors logo Key Competitors

  • Teucrium Corn Fund (CORN)
  • Teucrium Wheat Fund (WEAT)
  • Teucrium Soybean Fund (SOYB)
  • iPath Series B Bloomberg Agriculture Subindex Total Return ETN (JJA)

Competitive Landscape

The agricultural commodity ETF market is relatively concentrated, with a few key players dominating the landscape. DBA's advantage lies in its diversified approach, spreading risk across multiple agricultural commodities. However, its performance is subject to the fluctuations of the futures market and the impact of contango and backwardation, which can significantly affect returns. Competitors focusing on single commodities like corn, wheat, or soybeans may offer more targeted exposure but at a higher risk.

Financial Performance

Historical Performance: Historical performance data is readily available from financial data providers.

Benchmark Comparison: Performance can be compared to the DBIQ Diversified Agriculture Index Excess Return to gauge effectiveness.

Expense Ratio: 0.85

Liquidity

Average Trading Volume

The average daily trading volume of DBA can fluctuate, but it's generally considered relatively liquid, facilitating easy buying and selling of shares.

Bid-Ask Spread

The bid-ask spread is typically narrow, reflecting the ETF's liquidity and the efficiency of the market.

Market Dynamics

Market Environment Factors

Agricultural commodity prices are influenced by factors such as weather patterns, global supply and demand, government policies, and geopolitical events.

Growth Trajectory

DBA's growth trajectory depends on the overall performance of the agricultural commodity market and investor demand for exposure to this sector. Changes in the underlying index or the ETF's strategy can affect its holdings.

Moat and Competitive Advantages

Competitive Edge

DBA's primary advantage is its diversified exposure to a basket of agricultural commodities, reducing the risk associated with investing in a single commodity. It's structured as an ETF, which offers transparency and liquidity. Moreover, the ETF avoids the K-1 tax form, simplifying tax reporting for investors. However, the performance of commodity ETFs can be affected by factors like contango and backwardation.

Risk Analysis

Volatility

DBA's volatility is inherent to the fluctuations of the agricultural commodity market.

Market Risk

Specific risks include weather-related events impacting crop yields, changes in government policies affecting agricultural trade, and fluctuations in global supply and demand.

Investor Profile

Ideal Investor Profile

The ideal investor is someone seeking diversified exposure to the agricultural commodity market, potentially as a hedge against inflation or as part of a broader portfolio allocation.

Market Risk

DBA is suitable for investors with a moderate to high risk tolerance who understand the dynamics of commodity markets and are comfortable with the potential for price volatility. It's often used for tactical allocation or shorter-term trading strategies rather than passive index following, though can be used as such.

Summary

The Invesco Agriculture Commodity Strategy No K-1 ETF (DBA) offers diversified exposure to a basket of agricultural commodities through futures contracts. It is designed to track the DBIQ Diversified Agriculture Index Excess Return and avoids the K-1 tax form, simplifying tax reporting for investors. Its performance is subject to the fluctuations of the commodity markets and the impact of contango and backwardation. DBA is suitable for investors seeking exposure to agricultural commodities with moderate to high risk tolerance.

Similar ETFs

Sources and Disclaimers

Data Sources:

  • Invesco's official website
  • ETF.com
  • Bloomberg
  • Morningstar

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Past performance is not indicative of future results. Market share is approximate and may vary based on source data.

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About Invesco Agriculture Commodity Strategy No K-1 ETF

Exchange NASDAQ
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of financial instruments that are economically linked to commodities drawn from the agriculture sector. It will not invest directly in physical commodities, Commodities Futures or Commodity-Linked Instruments. Instead, The Advisor attempts to obtain investment returns that are highly correlated to the agriculture commodities markets by investing in these instruments indirectly through its Subsidiary. It is non-diversified.