ETF Versus

DBC vs QQQ

Invesco DB Commodity Index Tracking Fund vs Invesco QQQ Trust

Last updated: 2026-04-10

DBC Invesco

Invesco DB Commodity Index Tracking Fund (DBC) is an exchange-traded fund issued by Invesco that provides exposure to broad commodities securities. It charges a high expense ratio of 0.84%. The fund offers an attractive dividend yield of 2.60%. Launched in 2006, the fund has a 20-year track record.

AUM: $1.7B ER: 0.84% Yield: 2.60% Since: Feb 3, 2006
QQQ Invesco

Invesco QQQ Trust (QQQ) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a moderate expense ratio of 0.18%. The fund offers a modest dividend yield of 0.46%. Launched in 1999, the fund has a 27-year track record.

AUM: $389.6B ER: 0.18% Yield: 0.46% Since: Mar 10, 1999

Quick Verdict

QQQ is significantly cheaper at 0.18% vs 0.84% expense ratio, saving you approximately $1,264 per $10,000 invested over 10 years. DBC has edged ahead over the past year (39.4% vs 37.0%). Income investors may prefer DBC for its higher yield (2.6% vs 0.5%).

Key Metrics

Metric DBC QQQ
Expense Ratio 0.84% 0.18%
Dividend Yield 2.6% 0.5%
Fund Family Invesco Invesco
Category Broad Commodities US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

75 98 121 144 167 190 2021-04 2022-07 2023-10 2025-01 2026-04
DBC +71.3%
QQQ +81.6%

Performance Comparison

Period DBC QQQ Difference
1 Month +2.24% +0.58% +1.66%
3 Months +24.02% -2.54% +26.56%
6 Months +28.68% +1.53% +27.15%
YTD +28.45% -0.31% +28.76%
1 Year +39.41% +36.99% +2.42%
3 Years +18.60% +93.53% -74.93%
5 Years +71.29% +81.55% -10.26%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period DBC Fees QQQ Fees You Save
$10,000 10 years $1,622 $357 $1,264
$10,000 20 years $6,739 $1,529 $5,210
$10,000 30 years $21,014 $4,912 $16,102
$50,000 10 years $8,108 $1,786 $6,322
$50,000 30 years $105,070 $24,558 $80,512
$100,000 30 years $210,141 $49,116 $161,025

Risk Metrics

Based on 5 years of daily returns

Metric DBC QQQ
Annualized Volatility 19.3% 22.4%
Max Drawdown -34.0% -35.6%
Sharpe Ratio 0.42 0.45

Dividend Comparison

Metric DBC QQQ
Annual Dividend (per share) $0.74 $2.81
Dividend Yield 2.59% 0.46%
Distribution Frequency Semi-Annual or Annual Quarterly

Top Holdings

0 of top 4 holdings overlap (0% overlap in top holdings)

DBC Top Holdings

NameWeight
Short-Term Investment Trust - Invesco Government & Agency Portfolio!mutf/AGPXX41.82%
Invesco Short Term Treasury ETF#TBLL6.29%
Brent Crude Future July 26COU65.08%
Brent Crude Future June 26CO303.25%

QQQ Top Holdings

NameWeight
NVIDIA CorporationNVDA8.69%
Apple Inc.AAPL7.47%
Microsoft CorporationMSFT5.55%
Amazon.com, Inc.AMZN4.61%
Tesla, Inc.TSLA3.47%
Meta Platforms, Inc.META3.41%
Alphabet Inc.GOOG3.32%
Walmart Inc.WMT3.32%
Broadcom Inc.AVGO3.18%

Which One Should You Choose?

Choose QQQ if...

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

Choose DBC if...

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

Choose DBC if...

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

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