Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs PDBC: how they differ
GARP and PDBC are both equity index funds, and over the year PDBC returned more, +55.2% against +29.5%.
iShares MSCI USA Quality GARP ETF and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF.
| GARP iShares MSCI USA Quality GARP ETF | PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | MSCI USA Quality GARP | Optimum Yield Diversified Commodity Strategy |
| Total return, 1 year | +29.5% | +55.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | +37.7 pts |
| Expense ratio | 0.15% | 0.59% |
| Holdings | 131 | not filed |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
PDBC in plain words
PDBC is an index equity fund tracking the Optimum Yield Diversified Commodity Strategy. Over the year to Sep 11, 2026 it returned +55.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.59% a year.
Questions people ask
- Which returned more over the last year, GARP or PDBC?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and PDBC returned +55.2%, so PDBC returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or PDBC?
- GARP charges 0.15% a year and PDBC charges 0.59%, so GARP is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GARP against PDBC, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-PDBC Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources