Data as of Oct 28, 2026.

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IUSB vs PDBC: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IUSB returned −1.2% to PDBC's +55.6%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $49.8bn for iShares Core Universal USD Bond ETF and $8.0bn for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF.

At a glance
−1.2%
IUSB total return, 1 year
+55.6%
PDBC total return, 1 year
0.06%
IUSB expense ratio
0.59%
PDBC expense ratio

Pair scorecard

IUSB costs 0.53 points a year less; their one-year returns differ by 56.8 points; IUSB is 6.2 times larger.

IUSB vs PDBC: Differences, Returns & Fees
MeasureIUSBPDBC
Return
Total return, 1 year−1.2%+55.6%
Benchmark
What it tracksBloomberg U.S. Universal IndexNo index, actively managed
Cost and size
Expense ratio0.06%0.59%
Net assets, as of Oct 27, 2026$49.8bn$8.0bn
Holdings
Holdings in common0%

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

What they share

0%

By the books each fund has filed, IUSB 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 IUSB PDBC
Only in one fund ↓
Only in IUSB
BLK Liquidity Temp Cash Inst #21 4.75%
TREASURY NOTE 0.49%
TREASURY NOTE 0.42%
TREASURY NOTE 0.41%
TREASURY NOTE 0.38%
TREASURY NOTE 0.37%
TREASURY NOTE (2OLD) 0.36%
UMBS 15YR TBA(REG B) 0.35%
Only in PDBC
POWERSHARES CAYMAN FUND 19.37%
Check overlap with more funds →

Side by side

IUSB iShares Core Universal USD Bond ETF PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
Where it sits Bond ETF Commodity ETF
What it is Tracks an index of Universal USD Bond Actively managed
Total return, 1 year −1.2% +55.6%
Its benchmark over the same days not measured +54.6% (DBC)
Gap to its benchmark not measured +1.0 pts vs DBC
Expense ratio 0.06% 0.59%
Holdings 18338 1
Net assets, as of Oct 27, 2026 $49.8bn $8.0bn

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

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About each fund
IUSB

IUSB tracks an index of Universal USD Bond. Over the year to Oct 28, 2026 it returned −1.2% with distributions reinvested. The prospectus expense ratio is 0.06% a year.

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, IUSB or PDBC?
In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and PDBC +55.6%.
Which is cheaper, IUSB or PDBC?
IUSB is cheaper, by 0.53 percentage points a year. That is about $53 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, IUSB against PDBC, data as of Oct 28, 2026. https://etfiq.com/compare/any/iusb-vs-pdbc

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