Data as of Oct 28, 2026.
PDBC vs XBI: Differences, Returns & Fees
Over the year to Oct 28, 2026, PDBC returned +55.6% to XBI's +41.2%, and XBI charges 0.35% to PDBC's 0.59%.
askIQ about this page
askIQ about PDBC and XBI
Net assets on Oct 27, 2026: $8.0bn for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF and $10.3bn for State Street SPDR S&P Biotech ETF.
Pair scorecard
XBI costs 0.24 points a year less; their one-year returns differ by 14.4 points; XBI is 1.3 times larger.
| Measure | PDBC | XBI |
|---|---|---|
| Return | ||
| Total return, 1 year | +55.6% | +41.2% |
| Drawdown | ||
| Below its all-time high | 8.9%, high on Feb 8, 2021 | |
| Benchmark | ||
| What it tracks | No index, actively managed | Biotech |
| Cost and size | ||
| Expense ratio | 0.59% | 0.35% |
| Net assets, as of Oct 27, 2026 | $8.0bn | $10.3bn |
| Active share vs the S&P 500 | 98% | |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 13% | |
| Top ten holdings, share of the fund | 18% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
What they share
By the books each fund has filed, PDBC and XBI hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
PDBC and XBI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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.
XBI
By weight, 13% of XBI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 18% of the fund across 165 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +41.2% with distributions reinvested. It sits 8.9% below its all-time high of Feb 8, 2021.
Questions people ask
- Are PDBC and XBI in the same category?
- PDBC is a commodity ETF and XBI is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, PDBC or XBI?
- In the year to Oct 28, 2026, with distributions reinvested, PDBC returned +55.6% and XBI +41.2%.
- Which is cheaper, PDBC or XBI?
- XBI is cheaper, by 0.24 percentage points a year. That is about $24 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 XBI, data as of Oct 28, 2026. https://etfiq.com/compare/any/pdbc-vs-xbi
ETFIQ. (Oct 28, 2026). PDBC against XBI. Retrieved from https://etfiq.com/compare/any/pdbc-vs-xbi
[PDBC against XBI (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/pdbc-vs-xbi)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.