Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
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 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 | State Street | 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 | 0.18% | 0.59% |
| Holdings | not filed | 2 |
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. The prospectus expense ratio is 0.18% a year. 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. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2 positions, with the top ten at 100.0%.
Questions people ask
- Which returned more over the last year, GLDM or PDBC?
- In the year to Sep 13, 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.
- Which is cheaper, GLDM or PDBC?
- GLDM charges 0.18% a year and PDBC charges 0.59%, so GLDM is cheaper. Fees come from each fund's prospectus.
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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.
Cite this page. ETFIQ, GLDM against PDBC, data as of Sep 13, 2026. https://etfiq.com/compare/any/gldm-vs-pdbc Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources