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PDBC vs RPV

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF vs Invesco S&P 500 Pure Value 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
RPV Invesco

Invesco S&P 500 Pure Value ETF (RPV) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges an above-average expense ratio of 0.35%. The fund offers a moderate dividend yield of 2.39%. Launched in 2006, the fund has a 20-year track record.

AUM: $1.7B ER: 0.35% Yield: 2.39% Since: Mar 1, 2006

Quick Verdict

RPV is significantly cheaper at 0.35% vs 0.59% expense ratio, saving you approximately $461 per $10,000 invested over 10 years. Over the past year, PDBC has significantly outperformed with a 36.9% return vs 28.4%. Income investors may prefer PDBC for its higher yield (3.0% vs 2.4%).

Key Metrics

Metric PDBC RPV
Expense Ratio 0.59% 0.35%
Dividend Yield 3.0% 2.4%
Fund Family Invesco Invesco
Category Broad Commodities US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

70 86 102 118 134 150 2021-04 2022-07 2023-10 2025-01 2026-04
PDBC -1.7%
RPV +43.8%

Performance Comparison

Period PDBC RPV Difference
1 Month +2.21% +0.53% +1.68%
3 Months +24.49% +1.21% +23.28%
6 Months +28.65% +11.76% +16.89%
YTD +28.99% +3.67% +25.32%
1 Year +36.93% +28.36% +8.57%
3 Years +17.65% +40.78% -23.13%
5 Years -1.72% +43.81% -45.53%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period PDBC Fees RPV Fees You Save
$10,000 10 years $1,151 $690 $461
$10,000 20 years $4,837 $2,930 $1,907
$10,000 30 years $15,249 $9,337 $5,912
$50,000 10 years $5,754 $3,448 $2,307
$50,000 30 years $76,247 $46,685 $29,562
$100,000 30 years $152,494 $93,370 $59,124

Risk Metrics

Based on 5 years of daily returns

Metric PDBC RPV
Annualized Volatility 23.8% 18.1%
Max Drawdown -46.2% -24.1%
Sharpe Ratio -0.08 0.25

Dividend Comparison

Metric PDBC RPV
Annual Dividend (per share) $0.51 $2.59
Dividend Yield 2.97% 2.39%
Distribution Frequency Semi-Annual or Annual Quarterly

Top Holdings

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

PDBC Top Holdings

NameWeight
Invesco Premier U.S. Government Money Portfolio!mutf/IUGXX77.89%

RPV Top Holdings

NameWeight
Bunge Global SABG2.73%
Dow Inc.DOW2.73%
Archer-Daniels-Midland CompanyADM2.19%
LyondellBasell Industries N.V.LYB2.15%
The Mosaic CompanyMOS2.02%
Tyson Foods, Inc.TSN1.93%
Ford Motor CompanyF1.73%
The Cigna GroupCI1.72%
General Motors CompanyGM1.68%
Target CorporationTGT1.61%

Which One Should You Choose?

Choose RPV 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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