Data as of Oct 28, 2026.

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PDBC vs QQQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, PDBC returned +55.6% to QQQ's +15.2%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $8.0bn for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF and $483.0bn for Invesco QQQ Trust, Series 1.

At a glance
+55.6%
PDBC total return, 1 year
+15.2%
QQQ total return, 1 year
0.59%
PDBC expense ratio
0.18%
QQQ expense ratio

Pair scorecard

QQQ costs 0.41 points a year less; their one-year returns differ by 40.4 points; QQQ is far larger, $483.0bn against $8.0bn.

PDBC vs QQQ: Differences, Returns & Fees
MeasurePDBCQQQ
Return
Total return, 1 year+55.6%+15.2%
Drawdown
Below its high4.5%, high on Oct 6, 2026
Benchmark
What it tracksNo index, actively managedNasdaq-100 Index
Cost and size
Expense ratio0.59%0.18%
Net assets, as of Oct 27, 2026$8.0bn$483.0bn
Holdings
Holdings in common0%
In the S&P 500, by weight96%
Top ten holdings, share of the fund46.7%

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

What they share

0%

By the books each fund has filed, PDBC and QQQ 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 PDBC QQQ
Only in one fund ↓
Only in PDBC
POWERSHARES CAYMAN FUND 19.37%
Only in QQQ
NVIDIA Corp 8.17%
Apple Inc 7.88%
Microsoft Corp 6.14%
Micron Technology Inc 4.50%
Amazon.com Inc 4.25%
Advanced Micro Devices Inc 3.93%
Tesla Inc 3.33%
Alphabet Inc 2.92%
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Side by side

PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF QQQ Invesco QQQ Trust, Series 1
Where it sits Commodity ETF Stock ETF
What it is Actively managed Tracks the Nasdaq-100
Total return, 1 year +55.6% +15.2%
Its benchmark over the same days +54.6% (DBC) +15.2% (QQQM)
Gap to its benchmark +1.0 pts vs DBC 0.0 pts vs QQQM
Expense ratio 0.59% 0.18%
Holdings 1 103
Net assets, as of Oct 27, 2026 $8.0bn $483.0bn

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

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About each fund
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.

QQQ

QQQ tracks the Nasdaq-100. Over the year to Oct 28, 2026 it returned +15.2% with distributions reinvested, against +15.2% for its benchmark, the Nasdaq-100 Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 103 positions, with the top ten at 46.7%. It sat 4.5% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, PDBC or QQQ?
In the year to Oct 28, 2026, with distributions reinvested, PDBC returned +55.6% and QQQ +15.2%.
Which is cheaper, PDBC or QQQ?
QQQ is cheaper, by 0.41 percentage points a year. That is about $41 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, PDBC against QQQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/pdbc-vs-qqq

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