What is the expense ratio of PDBC vs QQQM?

PDBC has an expense ratio of 0.59%, while QQQM has an expense ratio of 0.15%.

PDBC vs QQQM

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF vs Invesco NASDAQ 100 ETF

Last updated: 2026-04-10

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 2.97%. Launched in 2014, the fund has a 12-year track record.

AUM: $6.5B ER: 0.59% Yield: 2.97% Since: Nov 7, 2014

QQQM Invesco

Invesco NASDAQ 100 ETF (QQQM) 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 low expense ratio of 0.15%. The fund offers a modest dividend yield of 0.50%. Launched in 2020, the fund has a 6-year track record.

AUM: $72.6B ER: 0.15% Yield: 0.50% Since: Oct 13, 2020

Quick Verdict

QQQM is significantly cheaper at 0.15% vs 0.59% expense ratio, saving you approximately $853 per $10,000 invested over 10 years. Both funds have delivered similar 1-year returns (36.9% vs 37.0%), tracking closely. Income investors may prefer PDBC for its higher yield (3.0% vs 0.5%).

Key Metrics

Metric	PDBC	QQQM
Expense Ratio	0.59%	0.15%
Dividend Yield	3.0%	0.5%
Fund Family	Invesco	Invesco
Category	Broad Commodities	US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

PDBC -1.7%

QQQM +81.9%

Performance Comparison

Period	PDBC	QQQM	Difference
1 Month	+2.21%	+0.58%	+1.63%
3 Months	+24.49%	-2.54%	+27.03%
6 Months	+28.65%	+1.55%	+27.10%
YTD	+28.99%	-0.31%	+29.30%
1 Year	+36.93%	+36.96%	-0.03%
3 Years	+17.65%	+93.79%	-76.14%
5 Years	-1.72%	+81.86%	-83.58%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	PDBC Fees	QQQM Fees	You Save
$10,000	10 years	$1,151	$298	$853
$10,000	20 years	$4,837	$1,278	$3,559
$10,000	30 years	$15,249	$4,109	$11,140
$50,000	10 years	$5,754	$1,490	$4,264
$50,000	30 years	$76,247	$20,547	$55,700
$100,000	30 years	$152,494	$41,094	$111,400

Risk Metrics

Based on 5 years of daily returns

Metric	PDBC	QQQM
Annualized Volatility	23.8%	22.2%
Max Drawdown	-46.2%	-35.6%
Sharpe Ratio	-0.08	0.45

Dividend Comparison

Metric	PDBC	QQQM
Annual Dividend (per share)	$0.51	$1.27
Dividend Yield	2.97%	0.50%
Distribution Frequency	Semi-Annual or Annual	Quarterly

Top Holdings

0 of top 1 holdings overlap (0% overlap in top holdings)

PDBC Top Holdings

Name	Weight
Invesco Premier U.S. Government Money Portfolio!mutf/IUGXX	77.89%

QQQM Top Holdings

Name	Weight
NVIDIA CorporationNVDA	8.62%
Apple Inc.AAPL	7.41%
Microsoft CorporationMSFT	5.42%
Amazon.com, Inc.AMZN	4.63%
Meta Platforms, Inc.META	3.52%
Walmart Inc.WMT	3.35%
Tesla, Inc.TSLA	3.34%
Alphabet Inc.GOOG	3.33%
Broadcom Inc.AVGO	3.24%

Which One Should You Choose?

Choose QQQM 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...

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

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