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

In the year to Oct 9, 2026, with distributions reinvested, GSG returned +57.4% and PDBC +51.9%.

Which is cheaper, GSG or PDBC?

PDBC is cheaper, by 0.22 percentage points a year. On $10,000 held for a year that difference is about $22. Fees come from each fund's own filings.

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GSG vs PDBC: how they differ

GSG is a commodity futures fund and PDBC an actively managed commodity fund, and over the year GSG returned +57.4% against +51.9%. iShares GSCI Commodity-Indexed Trust Fund and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF.

PDBC costs 0.22 points a year less; their one-year returns differ by 5.5 points; PDBC is 7.6 times larger.

	GSG	PDBC
Expense ratio	0.81%	0.59%
Net assets, as of Oct 8, 2026	$1.0bn	$7.9bn
Total return, 1 year	+57.4%	+51.9%
Holdings in common	not published
Below its high	52.8%, high on Jul 2, 2008

+57.4%

GSG total return, 1 year

+51.9%

PDBC total return, 1 year

0.81%

GSG expense ratio

0.59%

PDBC expense ratio

On the same fields

GSG

iShares GSCI Commodity-Indexed Trust Fund

PDBC

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Where it sits Commodity ETF Commodity ETF

Issuer iShares Invesco

What it is Holds commodity futures Actively managed

Total return, 1 year +57.4% +51.9%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +40.1 pts +34.6 pts

Expense ratio 0.81% 0.59%

Holdings not read by ETFIQ 1

Net assets, as of Oct 8, 2026 $1.0bn $7.9bn

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

GSG in plain words

GSG holds commodity futures. Over the year to Oct 9, 2026 it returned +57.4% with distributions reinvested. It sat 52.8% below its high of Jul 2, 2008 on Oct 9, 2026.

Its expense ratio is 0.81% a year, for the three months to Jun 30, 2026, as its 10-Q states.

PDBC in plain words

PDBC is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +51.9% with distributions reinvested. The prospectus expense ratio is 0.59% a year.

Questions people ask

Which returned more over the last year, GSG or PDBC?: In the year to Oct 9, 2026, with distributions reinvested, GSG returned +57.4% and PDBC +51.9%.
Which is cheaper, GSG or PDBC?: PDBC is cheaper, by 0.22 percentage points a year. On $10,000 held for a year that difference is about $22. Fees come from each fund's own filings.

Other comparisons

GSG vs HGER CERY vs GSG GSG vs SDCI GSG vs NBCM CMDT vs PDBC CMDY vs PDBC BCD vs PDBC BCI vs PDBC

GSG on its own →PDBC on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

GSG filings on SEC EDGAR ↗iShares page for GSG ↗PDBC filings on SEC EDGAR ↗PDBC prospectus with the expense ratio (SEC) ↗Invesco page for PDBC ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, GSG against PDBC, data as of Oct 9, 2026. https://etfiq.com/compare/any/gsg-vs-pdbc

Open data

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