Data as of Oct 28, 2026.

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PDBC vs VGSH: Differences, Returns & Fees

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Over the year to Oct 28, 2026, PDBC returned +55.6% to VGSH's +1.7%; 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 $35.1bn on Sep 30, 2026 for Vanguard Short-Term Treasury ETF.

At a glance
+55.6%
PDBC total return, 1 year
+1.7%
VGSH total return, 1 year
0.59%
PDBC expense ratio
0.03%
VGSH expense ratio

Pair scorecard

VGSH costs 0.56 points a year less; their one-year returns differ by 53.9 points.

PDBC vs VGSH: Differences, Returns & Fees
MeasurePDBCVGSH
Return
Total return, 1 year+55.6%+1.7%
Benchmark
What it tracksNo index, actively managedBloomberg U.S. Treasury 1-3 Year Index
Cost and size
Expense ratio0.59%0.03%
Net assets, PDBC as of Oct 27, 2026 and VGSH as of Sep 30, 2026$8.0bn$35.1bn
Holdings
Holdings in common0%

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 VGSH 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 VGSH
Only in one fund ↓
Only in PDBC
POWERSHARES CAYMAN FUND 19.37%
Only in VGSH
United States Treasury Note/Bond 2.07%
United States Treasury Note/Bond 1.43%
United States Treasury Note/Bond 1.39%
United States Treasury Note/Bond 1.37%
United States Treasury Note/Bond 1.35%
United States Treasury Note/Bond 1.34%
United States Treasury Note/Bond 1.33%
United States Treasury Note/Bond 1.33%
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Side by side

PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF VGSH Vanguard Short-Term Treasury ETF
Where it sits Commodity ETF Bond ETF
What it is Actively managed Tracks an index of Short-Term Treasury
Total return, 1 year +55.6% +1.7%
Its benchmark over the same days +54.6% (DBC) +1.8% (SCHO)
Gap to its benchmark +1.0 pts vs DBC −0.1 pts vs SCHO
Expense ratio 0.59% 0.03%
Holdings 1 93
Net assets, PDBC as of Oct 27, 2026 and VGSH as of Sep 30, 2026 $8.0bn $35.1bn

PDBC and VGSH 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.

VGSH

VGSH tracks an index of Short-Term Treasury. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the Bloomberg U.S. Treasury 1-3 Year Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, PDBC or VGSH?
In the year to Oct 28, 2026, with distributions reinvested, PDBC returned +55.6% and VGSH +1.7%.
Which is cheaper, PDBC or VGSH?
VGSH 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.
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ETFIQ, PDBC against VGSH, data as of Oct 28, 2026. https://etfiq.com/compare/any/pdbc-vs-vgsh

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