Which returned more over the last year, GLDM or PDBC?

In the year to Sep 12, 2026, with distributions reinvested, GLDM returned +19.4% and PDBC returned +55.2%, so PDBC returned more. One year is one year; the longer windows are in the table.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

GLDM vs PDBC: how they differ

GLDM is a commodity fund and PDBC an equity index fund, and over the year PDBC returned more, +55.2% against +19.4%.

SPDR Gold MiniShares Trust and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF.

GLDM and PDBC on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	GLDM SPDR Gold MiniShares Trust	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	Gold MiniShares	Optimum Yield Diversified Commodity Strategy
Total return, 1 year	+19.4%	+55.2%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+1.9 pts	+37.7 pts
Expense ratio	not published	0.59%

GLDM in plain words

GLDM is a commodity fund tracking the Gold MiniShares. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. It sat 19.4% below its high of Jan 29, 2026 on Sep 11, 2026.

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, GLDM or PDBC?: In the year to Sep 12, 2026, with distributions reinvested, GLDM returned +19.4% and PDBC returned +55.2%, so PDBC returned more. One year is one year; the longer windows are in the table.

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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.

GLDM against PDBC, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GLDM against PDBC, data as of Sep 12, 2026. https://etfiq.com/compare/any/GLDM-PDBC Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources