ETF Versus

PDBC vs VTV

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF vs Vanguard Value Index Fund ETF Shares

Last updated: 2026-04-02

PDBC Invesco

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund issued by Invesco that provides exposure to broad commodities securities. It charges a high expense ratio of 0.59%. The fund offers an attractive dividend yield of 2.93%. Launched in 2014, the fund has a 12-year track record.

AUM: $5.0B ER: 0.59% Yield: 2.93% Since: 2014-11-07
VTV Vanguard

Vanguard Value Index Fund ETF Shares (VTV) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 2.02%. Launched in 2004, the fund has a 22-year track record.

AUM: $217.8B ER: 0.04% Yield: 2.02% Since: 2004-01-30

Quick Verdict

VTV is significantly cheaper at 0.04% vs 0.59% expense ratio, saving you approximately $1,071 per $10,000 invested over 10 years. Over the past year, PDBC has significantly outperformed with a 26.4% return vs 13.7%. Income investors may prefer PDBC for its higher yield (2.9% vs 2.0%).

Key Metrics

Metric PDBC VTV
Expense Ratio 0.59% 0.04%
Dividend Yield 2.9% 2.0%
Fund Family Invesco Vanguard
Category Broad Commodities US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

70 88 106 124 142 160 2021-04 2022-06 2023-10 2024-12 2026-04
PDBC +0.6%
VTV +47.9%

Performance Comparison

Period PDBC VTV Difference
1 Month +12.55% -3.57% +16.12%
3 Months +30.69% +2.16% +28.53%
6 Months +28.65% +5.15% +23.50%
YTD +30.69% +2.16% +28.53%
1 Year +26.40% +13.67% +12.73%
3 Years +20.02% +41.47% -21.45%
5 Years +0.55% +47.89% -47.34%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period PDBC Fees VTV Fees You Save
$10,000 10 years $1,151 $80 $1,071
$10,000 20 years $4,837 $344 $4,493
$10,000 30 years $15,249 $1,112 $14,137
$50,000 10 years $5,754 $399 $5,355
$50,000 30 years $76,247 $5,560 $70,687
$100,000 30 years $152,494 $11,121 $141,374

Risk Metrics

Based on 5 years of daily returns

Metric PDBC VTV
Annualized Volatility 23.8% 13.9%
Max Drawdown -46.2% -18.1%
Sharpe Ratio -0.06 0.31

Dividend Comparison

Metric PDBC VTV
Annual Dividend (per share) $0.51 $3.97
Dividend Yield 2.93% 2.02%
Distribution Frequency Semi-Annual or Annual Quarterly

Top Holdings

0 of top 3 holdings overlap (0% overlap in top holdings)

PDBC Top Holdings

NameWeight
Invesco Premier U.S. Government Money Portfolio7583.94%
Invesco Liquidity Funds PLC, Invesco US Dollar Liquidity Portfolio1764.83%
N/A39.28%

VTV Top Holdings

NameWeight
JPMorgan Chase & Co355.90%
Berkshire Hathaway Inc331.62%
Exxon Mobil Corp214.47%
Johnson & Johnson210.71%
Walmart Inc206.46%
AbbVie Inc170.66%
Bank of America Corp147.71%
Home Depot Inc/The144.77%
Procter & Gamble Co/The141.52%
Micron Technology Inc135.73%

Which One Should You Choose?

Choose VTV if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose PDBC if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose PDBC if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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