PDBC vs VOO
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF vs Vanguard S&P 500 ETF
Which is better, PDBC or VOO?
Commodities against Large Cap Blend.
VOO has a lower expense ratio. PDBC led over 1Y and 5Y, VOO over 3Y 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 | VOO |
|---|---|---|
| Expense Ratio | 0.59% | 0.03%Best |
| AUM | $7.4B | $997.4B |
| Dividend Yield | 2.73% | 1.04% |
| Holdings | 54 | 509 |
| YTD Return | +49.10%Best | +11.01% |
| 1Y Return | +51.46%Best | +15.60% |
| 3Y Return (annualized) | +13.55% | +20.82%Best |
| 5Y Return (annualized) | +13.69%Best | +12.60% |
| Volatility (annualized) | 17.4% | 15.0%Best |
| Max Drawdown | -49.5% | -34.3%Best |
| $10,000 over 5 years | $18,994Best | $18,101 |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Commodity | Equity |
| Style | Commodities | Large Cap Blend |
| Inception | Nov 7, 2014 | Sep 7, 2010 |
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 VOO 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 VOO Performance
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year PDBC returned +51.46% while VOO returned +15.60%. Year to date, PDBC is up 49.10% versus a gain of 11.01% for VOO.
Over three years, PDBC compounded at +13.55% per year against +20.82% for VOO; over five years the annualized figures are +13.69% and +12.60% respectively. Across the full 12-year window we track, VOO has the edge at +12.44% annualized vs +4.88%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PDBC has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 15.0% for VOO. 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 -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.33. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PDBC charges 0.59% per year while VOO charges 0.03%. On a $10,000 position that is $59 vs $3 annually, a gap of $56 per year that compounds over a long holding period. On income, PDBC currently yields 2.73% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 1 holding in PDBC and 494 in VOO, totalling 77.7% and 99.5% 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 494 in VOO, against full books of 54 and 509.
You are not choosing between two funds in isolation.
Whichever of PDBC and VOO 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 VOO?
PDBC has an expense ratio of 0.59% while VOO charges 0.03%. VOO is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, PDBC or VOO?
Over the past year PDBC returned +51.46% vs +15.60% for VOO, so PDBC leads on 1-year performance. Over the longest common window we track (12 years), PDBC annualized +4.88% vs +12.44% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PDBC or VOO?
PDBC has been the more volatile fund at 17.4% annualized versus 15.0% for VOO. Worst drawdown: PDBC -49.5% vs VOO -34.3%.
Should I hold both PDBC and VOO?
PDBC and VOO have a monthly-return correlation of 0.33, 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 VOO?
PDBC yields 2.73% while VOO yields 1.04%, so PDBC currently pays the higher dividend yield.
Is VOO better than PDBC?
VOO has a lower expense ratio. PDBC led over 1Y and 5Y, VOO over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.