Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
MOAT vs PDBC: how they differ
MOAT and PDBC hold 0% of their weight in the same names, and PDBC returned more over the year.
VanEck Morningstar Wide Moat ETF and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF.
What they hold in common
By the books each fund has filed, MOAT and PDBC hold 0% of their money in the same securities at the same weight.
| Only in MOAT | Only in PDBC |
|---|---|
| Veeva Systems Inc 3.41% | Invesco Premier US Government Money Port 75.58% |
| Airbnb Inc 2.88% | POWERSHARES CAYMAN FUND 24.42% |
| Microsoft Corp 2.79% | |
| Charles Schwab Corp/The 2.75% | |
| Lpl Financial Holdings Inc 2.73% | |
| Bristol-Myers Squibb Co 2.58% | |
| Nvidia Corp 2.58% | |
| Estee Lauder Cos Inc/The 2.52% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| MOAT VanEck Morningstar Wide Moat ETF | PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | VanEck | Invesco |
| What it is | Morningstar Wide Moat | Optimum Yield Diversified Commodity Strategy |
| Total return, 1 year | +11.3% | +55.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −6.2 pts | +37.7 pts |
| Expense ratio | 0.46% | 0.59% |
| Already in the S&P 500 | 91.6% | 0.0% |
| Holdings | 55 | 2 |
MOAT in plain words
MOAT is an index equity fund tracking the Morningstar Wide Moat. Over the year to Sep 11, 2026 it returned +11.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.46% a year. By its holdings filed for Sep 10, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 55 positions, with the top ten at 27.1%. It sat 5.7% below its high of Aug 27, 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, MOAT or PDBC?
- In the year to Sep 13, 2026, with distributions reinvested, MOAT returned +11.3% and PDBC returned +55.2%, so PDBC returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MOAT or PDBC?
- MOAT charges 0.46% a year and PDBC charges 0.59%, so MOAT is cheaper. Fees come from each fund's prospectus.
- How much do MOAT and PDBC overlap with the S&P 500?
- By their latest filed holdings, 92% of MOAT and 0% of PDBC by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
Other comparisons
Where to next
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, MOAT against PDBC, data as of Sep 13, 2026. https://etfiq.com/compare/any/moat-vs-pdbc Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources