PDBC vs QQQ
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF vs Invesco QQQ Trust, Series 1
Which is better, PDBC or QQQ?
Commodities against Large Cap Growth.
QQQ has a lower expense ratio. PDBC led over 1Y, QQQ over 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | PDBC | QQQ |
|---|---|---|
| Expense Ratio | 0.59% | 0.18%Best |
| AUM | $7.4B | $483.5B |
| Dividend Yield | 2.73% | 0.44% |
| Holdings | 54 | 107 |
| YTD Return | +49.10%Best | +15.21% |
| 1Y Return | +51.46%Best | +19.78% |
| 3Y Return (annualized) | +13.55% | +24.58%Best |
| 5Y Return (annualized) | +13.69% | +13.93%Best |
| Volatility (annualized) | 17.4%Best | 18.6% |
| Max Drawdown | -49.5% | -35.1%Best |
| $10,000 over 5 years | $18,994 | $19,195Best |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Commodity | Equity |
| Style | Commodities | Large Cap Growth |
| Inception | Nov 7, 2014 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2014 to Sep 16, 2026 (11.9 years).
PDBC vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 11.9 years both funds cover.
PDBC vs QQQ Performance
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year PDBC returned +51.46% while QQQ returned +19.78%. Year to date, PDBC is up 49.10% versus a gain of 15.21% for QQQ.
Over three years, PDBC compounded at +13.55% per year against +24.58% for QQQ; over five years the annualized figures are +13.69% and +13.93% respectively. Across the full 12-year window we track, QQQ has the edge at +18.06% annualized vs +4.88%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 17.4% for PDBC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -49.5% for PDBC and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.18. They move largely independently of each other.
Fees and Cost Over Time
PDBC charges 0.59% per year while QQQ charges 0.18%. On a $10,000 position that is $59 vs $18 annually, a gap of $41 per year that compounds over a long holding period. On income, PDBC currently yields 2.73% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in PDBC and 102 in QQQ, totalling 77.7% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in PDBC and 102 in QQQ, against full books of 54 and 107.
You are not choosing between two funds in isolation.
Whichever of PDBC and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PDBC or QQQ?
PDBC has an expense ratio of 0.59% while QQQ charges 0.18%. QQQ is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, PDBC or QQQ?
Over the past year PDBC returned +51.46% vs +19.78% for QQQ, so PDBC leads on 1-year performance. Over the longest common window we track (12 years), PDBC annualized +4.88% vs +18.06% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PDBC or QQQ?
QQQ has been the more volatile fund at 18.6% annualized versus 17.4% for PDBC. Worst drawdown: PDBC -49.5% vs QQQ -35.1%.
Should I hold both PDBC and QQQ?
PDBC and QQQ have a monthly-return correlation of 0.18, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, PDBC or QQQ?
PDBC yields 2.73% while QQQ yields 0.44%, so PDBC currently pays the higher dividend yield.
Is QQQ better than PDBC?
QQQ has a lower expense ratio. PDBC led over 1Y, QQQ over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.