ETF Versus

PDBC vs TAN

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF vs Invesco Solar 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
TAN Invesco

Invesco Solar ETF (TAN) is an exchange-traded fund issued by Invesco that provides exposure to thematic - clean energy securities. It charges a high expense ratio of 0.70%. Launched in 2008, the fund has a 18-year track record.

AUM: $1.5B ER: 0.70% Yield: N/A Since: Apr 15, 2008

Quick Verdict

PDBC is significantly cheaper at 0.59% vs 0.70% expense ratio, saving you approximately $208 per $10,000 invested over 10 years. Over the past year, TAN has significantly outperformed with a 108.5% return vs 36.9%.

Key Metrics

Metric PDBC TAN
Expense Ratio 0.59% 0.70%
Dividend Yield 3.0% N/A
Fund Family Invesco Invesco
Category Broad Commodities Thematic - Clean Energy

Performance Chart

Indexed to 100 at start (5-year comparison)

30 50 70 90 110 130 2021-04 2022-07 2023-10 2025-01 2026-04
PDBC -1.7%
TAN -34.3%

Performance Comparison

Period PDBC TAN Difference
1 Month +2.21% -0.09% +2.30%
3 Months +24.49% +6.79% +17.70%
6 Months +28.65% +20.21% +8.44%
YTD +28.99% +7.91% +21.08%
1 Year +36.93% +108.54% -71.61%
3 Years +17.65% -26.47% +44.12%
5 Years -1.72% -34.27% +32.55%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period PDBC Fees TAN Fees You Save
$10,000 10 years $1,151 $1,359 $208
$10,000 20 years $4,837 $5,684 $847
$10,000 30 years $15,249 $17,834 $2,584
$50,000 10 years $5,754 $6,796 $1,042
$50,000 30 years $76,247 $89,170 $12,922
$100,000 30 years $152,494 $178,339 $25,845

Risk Metrics

Based on 5 years of daily returns

Metric PDBC TAN
Annualized Volatility 23.8% 39.8%
Max Drawdown -46.2% -74.1%
Sharpe Ratio -0.08 -0.13

Dividend Comparison

Metric PDBC TAN
Annual Dividend (per share) $0.51 $0.00
Dividend Yield 2.97% 0.00%
Distribution Frequency Semi-Annual or Annual None

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%

TAN Top Holdings

NameWeight
First Solar, Inc.FSLR10.20%
Nextpower Inc.NXT9.24%
Enlight Renewable Energy Ltd!tlv/ENLT6.53%
Enphase Energy, Inc.ENPH5.87%
Sunrun Inc.RUN5.21%
SolarEdge Technologies, Inc.SEDG5.08%
GCL Technology Holdings Limited!hkg/38004.63%
Solaria Energía y Medio Ambiente, S.A.!bme/SLR4.39%
HA Sustainable Infrastructure Capital, Inc.HASI4.33%
Doral Group Renewable Energy Resources Ltd!tlv/DORL3.47%

Which One Should You Choose?

Choose PDBC if...

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

Choose TAN if...

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

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