Data as of Oct 28, 2026.

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PDBC vs VEU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, PDBC returned +55.6% to VEU's +14.4%; 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 $68.1bn on Sep 30, 2026 for Vanguard FTSE All World Ex US ETF.

At a glance
+55.6%
PDBC total return, 1 year
+14.4%
VEU total return, 1 year
0.59%
PDBC expense ratio
0.04%
VEU expense ratio

Pair scorecard

VEU costs 0.55 points a year less; their one-year returns differ by 41.2 points.

PDBC vs VEU: Differences, Returns & Fees
MeasurePDBCVEU
Return
Total return, 1 year+55.6%+14.4%
Drawdown
Below its high5.0%, high on Sep 4, 2026
Benchmark
What it tracksNo index, actively managedFTSE All-World ex US Index
Cost and size
Expense ratio0.59%0.04%
Net assets, PDBC as of Oct 27, 2026 and VEU as of Sep 30, 2026$8.0bn$68.1bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund15.2%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, PDBC and VEU hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first PDBC VEU
Only in one fund ↓
Only in PDBC
POWERSHARES CAYMAN FUND 19.37%
Only in VEU
Taiwan Semiconductor Manufacturing Co Ltd 4.70%
Samsung Electronics Co Ltd 2.24%
SK hynix Inc 1.83%
ASML Holding NV 1.71%
SLBBH1142 0.91%
Tencent Holdings Ltd 0.84%
HSBC Holdings PLC 0.84%
Roche Holding AG 0.72%
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Side by side

PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF VEU Vanguard FTSE All World Ex US ETF
Where it sits Commodity ETF Stock ETF
What it is Actively managed Tracks the FTSE All-World ex-US
Total return, 1 year +55.6% +14.4%
Its benchmark over the same days +54.6% (DBC) not measured
Gap to its benchmark +1.0 pts vs DBC not measured
Expense ratio 0.59% 0.04%
Holdings 1 3816
Net assets, PDBC as of Oct 27, 2026 and VEU as of Sep 30, 2026 $8.0bn $68.1bn

PDBC and VEU 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.

VEU

VEU tracks the FTSE All-World ex-US. Over the year to Oct 28, 2026 it returned +14.4% with distributions reinvested. The prospectus expense ratio is 0.04% 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 3,816 positions, with the top ten at 15.2%. It sat 5.0% below its high of Sep 4, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, PDBC or VEU?
In the year to Oct 28, 2026, with distributions reinvested, PDBC returned +55.6% and VEU +14.4%.
Which is cheaper, PDBC or VEU?
VEU is cheaper, by 0.55 percentage points a year. That is about $55 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, PDBC against VEU, data as of Oct 28, 2026. https://etfiq.com/compare/any/pdbc-vs-veu

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