PDBC vs SCHD
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. PDBC delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | PDBC | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.06% | |
| AUM | $6.3B | $103.7B | |
| Dividend Yield | 3.20% | 3.31% | |
| Holdings | 54 | 104 | |
| YTD Return | +29.89% | +24.26% | |
| 1Y Return | +37.73% | +31.38% | |
| 3Y Return (annualized) | +10.01% | +15.08% | |
| 5Y Return (annualized) | +11.72% | +9.72% | |
| Volatility (annualized) | 17.3% | 13.6% | |
| Max Drawdown | -49.5% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Commodity | Equity | |
| Inception | Nov 7, 2014 | Oct 20, 2011 |
PDBC vs SCHD Performance
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year PDBC returned +37.73% while SCHD returned +31.38%. Year to date, PDBC is up 29.89% versus a gain of 24.26% for SCHD.
Over three years, PDBC compounded at +10.01% per year against +15.08% for SCHD; over five years the annualized figures are +11.72% and +9.72% respectively. Across the full 12-year window we track, SCHD has the edge at +11.39% annualized vs +3.70%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PDBC has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 13.6% for SCHD. 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 -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.45. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PDBC charges 0.59% per year while SCHD charges 0.06%. On a $10,000 position that is $59 vs $6 annually, a gap of $53 per year that compounds over a long holding period. On income, PDBC currently yields 3.20% against 3.31% for SCHD.
Holdings Overlap
PDBC and SCHD share 0 holdings out of 105 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PDBC or SCHD?
PDBC has an expense ratio of 0.59% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $53 per year of difference.
Which performed better, PDBC or SCHD?
Over the past year PDBC returned +37.73% vs +31.38% for SCHD, so PDBC leads on 1-year performance. Over the longest common window we track (12 years), PDBC annualized +3.70% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, PDBC or SCHD?
PDBC has been the more volatile fund at 17.3% annualized versus 13.6% for SCHD. Worst drawdown: PDBC -49.5% vs SCHD -33.4%.
Should I hold both PDBC and SCHD?
PDBC and SCHD have a monthly-return correlation of 0.45, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PDBC and SCHD?
PDBC and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, PDBC or SCHD?
PDBC yields 3.20% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.