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

In the year to Oct 28, 2026, with distributions reinvested, PDBC returned +55.6% and SLV +14.9%.

Which is cheaper, PDBC or SLV?

SLV is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

PDBC vs SLV: Differences, Returns & Fees

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PDBC is an actively managed commodity fund and SLV a commodity fund, and over the year to Oct 28, 2026, PDBC returned +55.6% against +14.9%.

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Net assets: $8.0bn on Oct 27, 2026 for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.

PDBC on its own →SLV on its own →

At a glance

+55.6%

PDBC total return, 1 year

+14.9%

SLV total return, 1 year

0.59%

PDBC expense ratio

0.50%

SLV expense ratio

Pair scorecard

SLV costs 0.09 points a year less; their one-year returns differ by 40.7 points; SLV is 3.3 times larger.

PDBC vs SLV: Differences, Returns & Fees
Measure	PDBC	SLV
Return
Measure	PDBC	SLV
Total return, 1 year	+55.6%	+14.9%
Drawdown
Measure	PDBC	SLV
Below its high		53.5%, high on Jan 28, 2026
Benchmark
Measure	PDBC	SLV
What it tracks	No index, actively managed	Silver
Cost and size
Measure	PDBC	SLV
Expense ratio	0.59%	0.50%
Net assets, as of Oct 27, 2026	$8.0bn	$26.5bn
Holdings
Measure	PDBC	SLV
Holdings in common	not published

Method

Side by side

PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF SLV iShares Silver Trust

Where it sits Commodity ETF Commodity ETF

Issuer Invesco iShares

What it is Actively managed Holds silver

Total return, 1 year +55.6% +14.9%

Its benchmark over the same days +54.6% (DBC) +15.0% (SIVR)

Gap to its benchmark +1.0 pts vs DBC −0.1 pts vs SIVR

Expense ratio 0.59% 0.50%

Holdings 1 not counted

Net assets, PDBC as of Oct 27, 2026 and SLV as of Oct 28, 2026 $8.0bn $26.9bn

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

Alert

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.

SLV

Its expense ratio is 0.50% a year, for the three months to Jun 30, 2026, as its 10-Q states.

SLV holds silver. Over the year to Oct 28, 2026 it returned +14.9% with distributions reinvested, against +15.0% for its benchmark, the price of silver. It sat 53.5% below its high of Jan 28, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, PDBC or SLV?: In the year to Oct 28, 2026, with distributions reinvested, PDBC returned +55.6% and SLV +14.9%.
Which is cheaper, PDBC or SLV?: SLV is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

PDBC vs SIVR BWET vs PDBC GLDM vs PDBC IAU vs PDBC HGER vs SLV SLV vs USO GLD vs SLV BWET vs SLV

Where to next

PDBC on its own →SLV on its own →Hold both: look the portfolio through →Rankings →PDBC dividend history →PDBC holdings →Standards and sources →

Sources and dates

PDBC filings on SEC EDGAR ↗

PDBC prospectus with the expense ratio (SEC) ↗

Invesco page for PDBC ↗

iShares page for SLV ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, PDBC against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/pdbc-vs-slv

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