Data as of Oct 28, 2026.
GOVT vs PDBC: Differences, Returns & Fees
Over the year to Oct 28, 2026, GOVT returned −1.5% to PDBC's +55.6%; 0% of their weight is in the same names.
askIQ about this page
askIQ about GOVT and PDBC
Net assets on Oct 27, 2026: $42.8bn for iShares U.S. Treasury Bond ETF and $8.0bn for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF.
Pair scorecard
GOVT costs 0.54 points a year less; their one-year returns differ by 57.1 points; GOVT is 5.4 times larger.
| Measure | GOVT | PDBC |
|---|---|---|
| Return | ||
| Total return, 1 year | −1.5% | +55.6% |
| Drawdown | ||
| Below its high | 8.1%, high on Aug 4, 2020 | |
| Benchmark | ||
| What it tracks | ICE U.S. Treasury Core Bond Index | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.05% | 0.59% |
| Net assets, as of Oct 27, 2026 | $42.8bn | $8.0bn |
| Holdings | ||
| Holdings in common | 0% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
What they share
By the books each fund has filed, GOVT and PDBC hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
GOVT and PDBC on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
GOVT
GOVT tracks an index of U.S. Treasury Bond. Over the year to Oct 28, 2026 it returned −1.5% with distributions reinvested. The prospectus expense ratio is 0.05% a year. It sat 8.1% below its high of Aug 4, 2020 on Oct 28, 2026.
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, GOVT or PDBC?
- In the year to Oct 28, 2026, with distributions reinvested, GOVT returned −1.5% and PDBC +55.6%.
- Which is cheaper, GOVT or PDBC?
- GOVT is cheaper, by 0.54 percentage points a year. That is about $54 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, GOVT against PDBC, data as of Oct 28, 2026. https://etfiq.com/compare/any/govt-vs-pdbc
ETFIQ. (Oct 28, 2026). GOVT against PDBC. Retrieved from https://etfiq.com/compare/any/govt-vs-pdbc
[GOVT against PDBC (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/govt-vs-pdbc)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.