Data as of Oct 28, 2026.

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IEMG vs PDBC: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IEMG returned +15.3% to PDBC's +55.6%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $150.4bn for iShares Core MSCI Emerging Markets ETF and $8.0bn for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF.

At a glance
+15.3%
IEMG total return, 1 year
+55.6%
PDBC total return, 1 year
0.09%
IEMG expense ratio
0.59%
PDBC expense ratio

Pair scorecard

IEMG costs 0.50 points a year less; their one-year returns differ by 40.3 points; IEMG is 18.8 times larger.

IEMG vs PDBC: Differences, Returns & Fees
MeasureIEMGPDBC
Return
Total return, 1 year+15.3%+55.6%
Drawdown
Below its high10.1%, high on Jun 22, 2026
Benchmark
What it tracksMSCI Emerging Markets Investable Market Index (IMI)No index, actively managed
Cost and size
Expense ratio0.09%0.59%
Net assets, as of Oct 27, 2026$150.4bn$8.0bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund32.7%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IEMG PDBC
Only in one fund ↓
Only in IEMG
TAIWAN SEMICONDUCTOR MANUFACTURING 14.03%
SAMSUNG ELECTRONICS LTD 6.05%
SK HYNIX 4.31%
TENCENT HOLDINGS 2.32%
ALIBABA GROUP HOLDING 1.60%
MEDIATEK 1.36%
CHINA CONSTRUCTION BANK CORP H 0.83%
SAMSUNG ELECTRONICS NON VOTING PRE 0.80%
Only in PDBC
POWERSHARES CAYMAN FUND 19.37%
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Side by side

IEMG iShares Core MSCI Emerging Markets ETF PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
Where it sits Stock ETF Commodity ETF
What it is Tracks the MSCI Emerging Markets Actively managed
Total return, 1 year +15.3% +55.6%
Its benchmark over the same days +16.3% (EEM) +54.6% (DBC)
Gap to its benchmark −1.0 pts vs EEM +1.0 pts vs DBC
Expense ratio 0.09% 0.59%
Holdings 2857 1
Net assets, as of Oct 27, 2026 $150.4bn $8.0bn

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

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About each fund
IEMG

IEMG tracks the MSCI Emerging Markets. Over the year to Oct 28, 2026 it returned +15.3% with distributions reinvested, against +16.3% for its benchmark, the MSCI Emerging Markets Index. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,857 positions, with the top ten at 32.7%. It sat 10.1% below its high of Jun 22, 2026 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, IEMG or PDBC?
In the year to Oct 28, 2026, with distributions reinvested, IEMG returned +15.3% and PDBC +55.6%.
Which is cheaper, IEMG or PDBC?
IEMG is cheaper, by 0.50 percentage points a year. That is about $50 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, IEMG against PDBC, data as of Oct 28, 2026. https://etfiq.com/compare/any/iemg-vs-pdbc

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