PDBC vs VXUS

Quick Verdict

VXUS has a lower expense ratio. PDBC delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: PDBCMore Diversified: VXUS

Side-by-Side Comparison

MetricPDBCVXUSWinner
Expense Ratio0.59%0.05%
AUM$6.3B$156.5B
Dividend Yield3.20%2.60%
Holdings548,747
YTD Return+29.89%+14.57%
1Y Return+37.73%+27.82%
3Y Return (annualized)+10.01%+19.27%
5Y Return (annualized)+11.72%+9.28%
Volatility (annualized)17.3%15.1%
Max Drawdown-49.5%-39.9%
Fund FamilyInvesco (US)Vanguard (US)
CategoryCommodityEquity
InceptionNov 7, 2014Jan 26, 2011

PDBC vs VXUS Performance

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is a ETF from Invesco (US) and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year PDBC returned +37.73% while VXUS returned +27.82%. Year to date, PDBC is up 29.89% versus a gain of 14.57% for VXUS.

Over three years, PDBC compounded at +10.01% per year against +19.27% for VXUS; over five years the annualized figures are +11.72% and +9.28% respectively. Across the full 12-year window we track, VXUS has the edge at +4.86% 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 15.1% for VXUS. 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 -39.9% for VXUS. 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 0.40. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

PDBC charges 0.59% per year while VXUS charges 0.05%. On a $10,000 position that is $59 vs $5 annually, a gap of $54 per year that compounds over a long holding period. On income, PDBC currently yields 3.20% against 2.60% for VXUS.

Holdings Overlap

0.0%overlap

PDBC and VXUS share 0 holdings out of 7866 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 VXUS?

PDBC has an expense ratio of 0.59% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $54 per year of difference.

Which performed better, PDBC or VXUS?

Over the past year PDBC returned +37.73% vs +27.82% for VXUS, so PDBC leads on 1-year performance. Over the longest common window we track (12 years), PDBC annualized +3.70% vs +4.86% for VXUS. Past performance does not guarantee future results.

Which is riskier, PDBC or VXUS?

PDBC has been the more volatile fund at 17.3% annualized versus 15.1% for VXUS. Worst drawdown: PDBC -49.5% vs VXUS -39.9%.

Should I hold both PDBC and VXUS?

PDBC and VXUS have a monthly-return correlation of 0.40, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between PDBC and VXUS?

PDBC and VXUS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 7866 unique securities.

Which pays a higher dividend, PDBC or VXUS?

PDBC yields 3.20% while VXUS yields 2.60%, so PDBC currently pays the higher dividend yield.

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