Data as of Oct 28, 2026.

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BNDX vs PDBC: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BNDX returned −0.9% to PDBC's +55.6%; 0% of their weight is in the same names.

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Net assets: $82.9bn on Sep 30, 2026 for Vanguard Total International Bond ETF, and $8.0bn on Oct 27, 2026 for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF.

At a glance
−0.9%
BNDX total return, 1 year
+55.6%
PDBC total return, 1 year
0.07%
BNDX expense ratio
0.59%
PDBC expense ratio

Pair scorecard

BNDX costs 0.52 points a year less; their one-year returns differ by 56.5 points.

BNDX vs PDBC: Differences, Returns & Fees
MeasureBNDXPDBC
Return
Total return, 1 year−0.9%+55.6%
Benchmark
What it tracksBloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged)No index, actively managed
Cost and size
Expense ratio0.07%0.59%
Net assets, BNDX as of Sep 30, 2026 and PDBC as of Oct 27, 2026$82.9bn$8.0bn
Holdings
Holdings in common0%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, BNDX and PDBC hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BNDX PDBC
Only in one fund ↓
Only in BNDX
MKTLIQ 0.93%
United Kingdom Gilt 0.39%
French Republic Government Bond OAT 0.35%
United Kingdom Gilt 0.35%
French Republic Government Bond OAT 0.35%
United Kingdom Gilt 0.34%
United Kingdom Gilt 0.33%
French Republic Government Bond OAT 0.31%
Only in PDBC
POWERSHARES CAYMAN FUND 19.37%
Check overlap with more funds →

Side by side

BNDX Vanguard Total International Bond ETF PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
Where it sits Bond ETF Commodity ETF
What it is Tracks an index of Total International Bond Actively managed
Total return, 1 year −0.9% +55.6%
Its benchmark over the same days not measured +54.6% (DBC)
Gap to its benchmark not measured +1.0 pts vs DBC
Expense ratio 0.07% 0.59%
Holdings 6840 1
Net assets, BNDX as of Sep 30, 2026 and PDBC as of Oct 27, 2026 $82.9bn $8.0bn

BNDX and PDBC on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
BNDX

BNDX tracks an index of Total International Bond. Over the year to Oct 28, 2026 it returned −0.9% with distributions reinvested. The prospectus expense ratio is 0.07% a year.

PDBC

PDBC is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +55.6% with distributions reinvested, against +54.6% for its benchmark, the DBIQ Optimum Yield Diversified Commodity Index Excess Return. The prospectus expense ratio is 0.59% a year.

Questions people ask

Which returned more over the last year, BNDX or PDBC?
In the year to Oct 28, 2026, with distributions reinvested, BNDX returned −0.9% and PDBC +55.6%.
Which is cheaper, BNDX or PDBC?
BNDX is cheaper, by 0.52 percentage points a year. That is about $52 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BNDX against PDBC, data as of Oct 28, 2026. https://etfiq.com/compare/any/bndx-vs-pdbc

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