ETF Versus

PDBC vs XLI

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF vs State Street Industrial Select Sector SPDR ETF

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
XLI State Street

State Street Industrial Select Sector SPDR ETF (XLI) is an exchange-traded fund issued by State Street that provides exposure to us sector - industrials securities. It charges a low expense ratio of 0.09%. The fund offers a moderate dividend yield of 1.25%. Launched in 1998, the fund has a 28-year track record.

AUM: $25.6B ER: 0.09% Yield: 1.25% Since: 1998-12-22

Quick Verdict

XLI is significantly cheaper at 0.09% vs 0.59% expense ratio, saving you approximately $972 per $10,000 invested over 10 years. PDBC has edged ahead over the past year (26.4% vs 23.4%). Income investors may prefer PDBC for its higher yield (2.9% vs 1.3%).

Key Metrics

Metric PDBC XLI
Expense Ratio 0.59% 0.09%
Dividend Yield 2.9% 1.3%
Fund Family Invesco State Street
Category Broad Commodities US Sector - Industrials

Performance Chart

Indexed to 100 at start (5-year comparison)

70 92 114 136 158 180 2021-04 2022-06 2023-10 2024-12 2026-04
PDBC +0.6%
XLI +64.2%

Performance Comparison

Period PDBC XLI Difference
1 Month +12.55% -6.38% +18.93%
3 Months +30.69% +3.96% +26.73%
6 Months +28.65% +5.87% +22.78%
YTD +30.69% +3.96% +26.73%
1 Year +26.40% +23.44% +2.96%
3 Years +20.02% +62.04% -42.02%
5 Years +0.55% +64.24% -63.69%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period PDBC Fees XLI Fees You Save
$10,000 10 years $1,151 $179 $972
$10,000 20 years $4,837 $771 $4,066
$10,000 30 years $15,249 $2,486 $12,764
$50,000 10 years $5,754 $896 $4,858
$50,000 30 years $76,247 $12,428 $63,820
$100,000 30 years $152,494 $24,855 $127,639

Risk Metrics

Based on 5 years of daily returns

Metric PDBC XLI
Annualized Volatility 23.8% 17.2%
Max Drawdown -46.2% -22.7%
Sharpe Ratio -0.06 0.40

Dividend Comparison

Metric PDBC XLI
Annual Dividend (per share) $0.51 $2.05
Dividend Yield 2.93% 1.25%
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%

XLI Top Holdings

NameWeight
General Electric Co680.74%
Caterpillar Inc561.69%
RTX Corp515.19%
GE Vernova Inc371.52%
Boeing Co/The356.20%
Uber Technologies Inc355.71%
Union Pacific Corp287.47%
Honeywell International Inc259.50%
Eaton Corp PLC259.19%
Deere & Co245.23%

Which One Should You Choose?

Choose XLI 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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