Changing from DBC to PDBC
Housekeeping: Swapping out DBC in favor of PDBC in the strategies which use Commodities, GPMv and the Triad trio.
Thanks to Garrett B for alerting me to PDBC. Both DBC and PDBC are fund from Invesco they have extremely similar results, PDBC has the advantage of no K1. DBC is structurally a Commodity Pool (managed futures), while PDBC is an ETF. Both trade easily and similarly, but PDBC does not issue a K1 which is simpler at tax time.
For more information on the distinction between Commodity Pools and ETF's: Investopedia link
You can see in the chart below of returns for both DBC and PDBC, they are virtually in lock step.
Thanks to Garrett B for alerting me to PDBC. Both DBC and PDBC are fund from Invesco they have extremely similar results, PDBC has the advantage of no K1. DBC is structurally a Commodity Pool (managed futures), while PDBC is an ETF. Both trade easily and similarly, but PDBC does not issue a K1 which is simpler at tax time.
For more information on the distinction between Commodity Pools and ETF's: Investopedia link
You can see in the chart below of returns for both DBC and PDBC, they are virtually in lock step.