Data as of Oct 28, 2026.

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PDBC vs VOO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, PDBC returned +55.6% to VOO's +13.7%; 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 $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF.

At a glance
+55.6%
PDBC total return, 1 year
+13.7%
VOO total return, 1 year
0.59%
PDBC expense ratio
0.03%
VOO expense ratio

Pair scorecard

VOO costs 0.56 points a year less; their one-year returns differ by 41.9 points.

PDBC vs VOO: Differences, Returns & Fees
MeasurePDBCVOO
Return
Total return, 1 year+55.6%+13.7%
Benchmark
What it tracksNo index, actively managedS&P 500 Index
Cost and size
Expense ratio0.59%0.03%
Net assets, PDBC as of Oct 27, 2026 and VOO as of Sep 30, 2026$8.0bn$1.0tn
Holdings
Holdings in common0%
In the S&P 500, by weight100%
Top ten holdings, share of the fund39.1%

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 VOO 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 VOO
Only in one fund ↓
Only in PDBC
POWERSHARES CAYMAN FUND 19.37%
Only in VOO
NVIDIA Corp 8.40%
Apple Inc 7.39%
Microsoft Corp 5.79%
Amazon.com Inc 3.72%
Alphabet Inc 3.07%
Broadcom Inc 2.54%
Alphabet Inc 2.46%
Meta Platforms Inc 2.43%
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Side by side

PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF VOO Vanguard S&P 500 ETF
Where it sits Commodity ETF Stock ETF
What it is Actively managed Tracks the S&P 500
Total return, 1 year +55.6% +13.7%
Its benchmark over the same days +54.6% (DBC) +13.7% (IVV)
Gap to its benchmark +1.0 pts vs DBC 0.0 pts vs IVV
Expense ratio 0.59% 0.03%
Holdings 1 507
Net assets, PDBC as of Oct 27, 2026 and VOO as of Sep 30, 2026 $8.0bn $1.0tn

PDBC and VOO 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.

VOO

VOO tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 39.1%.

Questions people ask

Which returned more over the last year, PDBC or VOO?
In the year to Oct 28, 2026, with distributions reinvested, PDBC returned +55.6% and VOO +13.7%.
Which is cheaper, PDBC or VOO?
VOO 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 VOO, data as of Oct 28, 2026. https://etfiq.com/compare/any/pdbc-vs-voo

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