DBC vs PIT: how they differ

DBC is a commodity futures fund and PIT an actively managed commodity fund, and over the year PIT returned +64.3% against +51.0%. Invesco DB Commodity Index Tracking Fund and VanEck Commodity Strategy ETF.

PIT costs 0.30 points a year less; their one-year returns differ by 13.3 points; DBC is 7.5 times larger.

DBCPIT
Expense ratio0.85%0.55%
Net assets, DBC as of Oct 8, 2026 and PIT as of Jun 30, 2026$2.0bn$260m
Total return, 1 year+51.0%+64.3%
Holdings in commonnot published
Below its high14.8%, high on Jul 2, 2008
+51.0%
DBC total return, 1 year
+64.3%
PIT total return, 1 year
0.85%
DBC expense ratio
0.55%
PIT expense ratio

On the same fields

DBC
Invesco DB Commodity Index Tracking Fund
PIT
VanEck Commodity Strategy ETF
Where it sits Commodity ETF Commodity ETF
What it is Holds commodity futures Actively managed
Total return, 1 year +51.0% +64.3%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 +33.8 pts +47.1 pts
Expense ratio 0.85% 0.55%
Holdings not read by ETFIQ 32
Net assets, DBC as of Oct 8, 2026 and PIT as of Jun 30, 2026 $2.0bn $260m

DBC and PIT on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

DBC in plain words

DBC holds commodity futures. Over the year to Oct 9, 2026 it returned +51.0% with distributions reinvested. The prospectus expense ratio is 0.85% a year. It sat 14.8% below its high of Jul 2, 2008 on Oct 9, 2026.

PIT in plain words

PIT is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +64.3% with distributions reinvested. The prospectus expense ratio is 0.55% a year.

Questions people ask

Which returned more over the last year, DBC or PIT?
In the year to Oct 9, 2026, with distributions reinvested, DBC returned +51.0% and PIT +64.3%.
Which is cheaper, DBC or PIT?
PIT is cheaper, by 0.30 percentage points a year. On $10,000 held for a year that difference is about $30. Fees come from each fund's prospectus.
Cite this page

ETFIQ, DBC against PIT, data as of Oct 9, 2026. https://etfiq.com/compare/any/dbc-vs-pit

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.