Data as of Oct 28, 2026.
PDBC vs VEA: Differences, Returns & Fees
Over the year to Oct 28, 2026, PDBC returned +55.6% to VEA's +17.1%; 0% of their weight is in the same names.
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Net assets: $8.0bn on Oct 27, 2026 for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, and $231.6bn on Sep 30, 2026 for Vanguard FTSE Developed Markets ETF.
Pair scorecard
VEA costs 0.56 points a year less; their one-year returns differ by 38.5 points.
| Measure | PDBC | VEA |
|---|---|---|
| Return | ||
| Total return, 1 year | +55.6% | +17.1% |
| Drawdown | ||
| Below its high | 4.4%, high on Aug 25, 2026 | |
| Benchmark | ||
| What it tracks | No index, actively managed | FTSE Developed All Cap ex US Index |
| Cost and size | ||
| Expense ratio | 0.59% | 0.03% |
| Net assets, PDBC as of Oct 27, 2026 and VEA as of Sep 30, 2026 | $8.0bn | $231.6bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 0% | |
| Top ten holdings, share of the fund | 13.6% | |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
Risk and return
Nov 14, 2014 to Oct 23, 2026 · 623 weekly returnsVEA returned more: +149.9% to +85.7%. VEA swung slightly less: 16.8% to 18.0%. VEA fell less at its worst: −34.6% to −48.3%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | PDBC | VEA | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +85.7% | +149.9% | VEA | Price change plus distributions, reinvested. |
| Annualized | +5.3% | +7.9% | VEA | Total return as a yearly rate. |
| Price return | −17.2% | +76.0% | VEA | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 18.0% | 16.8% | VEA (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.3% | 12.0% | VEA (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −48.3% | −34.6% | VEA | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.26 | 0.41 | VEA | Return above Treasury bills per unit of volatility. |
| Sortino | 0.38 | 0.58 | VEA | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.11 | 0.23 | VEA | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 623 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, PDBC and VEA hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
PDBC and VEA on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
PDBC and VEA do different jobs. What does each one do in a portfolio?
- What each follows. PDBC follows No index, actively managed and VEA follows FTSE Developed All Cap ex US Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 PDBC returned +55.6% and VEA +17.1% with distributions reinvested, a gap of 38.5 points.
Data as of Oct 28, 2026.
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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.
VEA
VEA tracks an index of Developed markets ex US. Over the year to Oct 28, 2026 it returned +17.1% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3,906 positions, with the top ten at 13.6%. It sat 4.4% below its high of Aug 25, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, PDBC or VEA?
- In the year to Oct 28, 2026, with distributions reinvested, PDBC returned +55.6% and VEA +17.1%.
- Which is cheaper, PDBC or VEA?
- VEA is cheaper, by 0.56 percentage points a year. That is about $56 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, PDBC against VEA, data as of Oct 28, 2026. https://etfiq.com/compare/any/pdbc-vs-vea
ETFIQ. (Oct 28, 2026). PDBC against VEA. Retrieved from https://etfiq.com/compare/any/pdbc-vs-vea
[PDBC against VEA (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/pdbc-vs-vea)
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