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CCOM vs PDBC

Simplify Chinese Commodities Strategy No K-1 ETF

CCOMFNYSE Arca

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

PDBCANasdaq

Overlap

0.0%by weight

Expense ratio

PDBC −0.40pt a year

CCOM0.99%PDBC0.59%

Avg volume · 30D

PDBC 39956.8×the volume

CCOM158PDBC6.31M

CCOM vs PDBC Performance

Jul 31, 2026 – Oct 30, 2026

+11.9%CCOM+14.0%PDBC

Jul 31, 2026 to Oct 30, 2026. CCOM +11.9%. PDBC +14.0%. Use the arrow keys to read each point.0%5%Jul 2026Sep 2026Oct 2026
Expense ratio
CCOM 0.99%
PDBC 0.59%, better
Fund size
CCOM $111M
PDBC $8.06B
1Y total return
CCOM No data
PDBC +53.1%
Yield (12M)
CCOM No data
PDBC 2.54%
Holdings
CCOM 21
PDBC 3
Avg volume (30D)
CCOM 158 sh
PDBC 6.31M sh, better
NAV per share
CCOM $26.26
PDBC $20.12
52W range

ETF.net Grade

CCOM: Cost 8, Risk 60, Mission not scored, Tradability 4, Holdings not scored, Durability 52. PDBC: Cost 87, Risk 69, Mission not scored, Tradability 90, Holdings not scored, Durability 94.
Pillar letters and Scores for CCOM, PDBC, with each pillar’s weight
PillarCCOMPDBC
Cost30% weightF8A87Higher
Mission25% weightNot scoredNot scored
Risk15% weightB60B69Higher
Tradability15% weightF4A90Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC52A94Higher

Rank among Commodity Futures funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CCOM and PDBC are both graded against the same 13 Commodity Futures funds, so their Grades compare head to head.

Commodity Futures⁠

Category · 13 funds
See all 13 ›

PDBC ranks 1st and CCOM 12th of 13 funds in the Commodity Futures Category.

  1. Rank 1APDBCInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETFScore 84
  2. Rank 2BSOYBTeucrium Soybean FundScore 65
  3. Rank 11DKCCAKraneShares California Carbon Allowance Strategy ETFScore 29
  4. Rank 12FCCOMSimplify Chinese Commodities Strategy No K-1 ETFScore 22
  5. Rank 13FBDRYBreakwave Dry Bulk Shipping ETFScore 17

Our read on each fund

ETF.net Research

CCOMFSimplify Chinese Commodities Strategy No K-1 ETF

PDBCAInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

In short

CCOM Chinese commodity futures are a market most US investors never see. CCOM trades them systematically, long and short, inside a 1940 Act fund that sends a 1099 instead of a K-1.

PDBC Broad commodity exposure without the K-1 paperwork. Trading since 2014, PDBC packages a diversified futures basket inside an ordinary fund wrapper and aims to beat its commodity benchmark rather than simply mirror it.

Stated mandate

CCOM The fund seeks long-term capital appreciation through systematic investment in commodity futures traded on major Chinese exchanges. Its strategy uses systematic long/short models.

PDBC The fund seeks to outperform the excess-return version of its benchmark through a diversified commodity strategy.

Why people hold it

  • CCOM Targets commodity futures on China's major exchanges, a pool of contracts priced by local supply and demand rather than the usual US benchmarks.
  • The models go long and short, so the fund can position for falling contracts as well as rising ones instead of riding one direction.
  • No Schedule K-1. It is built as a 1940 Act fund, so tax time brings a 1099 like any ordinary ETF.
  • Simplify already runs the broad-basket version (HARD); CCOM is the China-only slice for investors who want that exposure separated out.
  • PDBC The K-1 dodge is right there in the name. It is built as a 1940 Act fund, not a commodity partnership.invesco.com
  • 0.74% a year, below the typical fee among commodity futures funds.
  • A multi-billion-dollar fund and one of the busiest tickers in the commodity aisle, which tends to show up as tight spreads for buyers and sellers.
  • Live since 2014 and one of the strongest implementations in its commodity futures peer group.

Worth knowing

  • CCOM The fee is 0.99% a year, above the typical charge among commodity futures funds. That is the toll for a strategy reaching markets few US managers access.
  • Launched in 2026 and lightly traded, so there is not much history to judge and spreads can run wider than in the big commodity ETFs.
  • Not a plain commodity tracker. The short book means results can move apart from a straight long basket of commodities, in either direction.
  • PDBC Commodities swing. Energy, metals and crops can move hard in both directions, and this basket rides every one of those moves.
  • The mandate is to beat the benchmark, not hug it, so results can diverge from the index it measures itself against.invesco.com
  • Payouts are lumpy by design: distributions land annually or semiannually, not on a monthly drip.

Full CCOM profile⁠

Full PDBC profile⁠

CCOM vs PDBC Holdings

How CCOM and PDBC differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of CCOM and 0.0% of PDBC.

Level by level

  • Holdings0 in both0.0%
  • Asset classAlternatives100%

Sector

No Sector split for CCOM and PDBC.

Country, concentration and asset class

Country by domicile

No country split for PDBC.

Concentration

Weight in the 10 largest Holdings

  • CCOM118.7%
  • PDBC100.0%

Securities held

  • CCOM20
  • PDBC2

Asset class

CCOM
Alternatives
PDBC
Alternatives

Holdings

  • Only in CCOM20
  • In both0
  • Only in PDBC2

Only in CCOM

20 securities, 100% of CCOM by weight

  • Trs MQCP450E 01272745.69%
  • B 12/31/26 Govt20.16%
  • B 1/28/27 Govt18.21%

Only in PDBC

2 securities, 99.8% of PDBC by weight

  • Invesco Premier US Government Money Portfolio80.36%
  • Powershares Cayman Fund19.40%

Weight gaps

CCOM and PDBC share no securities.

All CCOM holdings⁠All 2 PDBC holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CCOM vs PDBC Cost

Overpaying CCOM vs PDBC

$6,890

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CCOM 0.99%

    $18,525

  • PDBC 0.59%

    $11,635

$10,000
30 years

Cost over time

  • CCOM 0.99%
  • PDBC 0.59%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530CCOM $18,525PDBC $11,635

Year by year

YearCCOMPDBCOverpaying
10$1,746$1,058$688
20$6,565$4,051$2,514
30$18,525$11,635$6,890

Expense ratio

  • 0.99%CCOM
  • 0.59%PDBC, cheaper
  • Middle half of Commodity Futures funds
  • Median 0.79%

PDBC 2nd cheapest of 13 funds

CCOM 12th cheapest of 13 funds

CCOM vs PDBC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CCOM No data
PDBC 2.54%
Payout (12M)
CCOM No data
PDBC $0.51
Last payment
CCOM $0.10
PDBC $0.51
Ex-dividend
CCOM Sep 25, 2026
PDBC Dec 22, 2025
Paid on
CCOM Sep 30, 2026
PDBC Dec 26, 2025
Frequency
CCOM Quarterly
PDBC Annual

Distribution history

Per share, 2017 to 2026, same scale for both

CCOMQuarterly · 3 paymentsAll CCOM payments⁠
One bar per payment. 3 payments from 2017 to 2026 YTD. Mar 26, 2026 $0.20; Jun 25, 2026 $0.10; Sep 25, 2026 $0.10. Use the arrow keys to read each point.$0$52017202020232026YTD
PDBCAnnual · 10 paymentsAll PDBC payments⁠
One bar per payment. 10 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.67; Dec 24, 2018 $0.15; Dec 23, 2019 $0.23; Dec 21, 2020 $0.001; Dec 3, 2021 $5.39; Dec 20, 2021 $1.76; Dec 19, 2022 $1.93; Dec 18, 2023 $0.56; Dec 23, 2024 $0.57; Dec 22, 2025 $0.51. Use the arrow keys to read each point.$0$52017202020232026YTD

CCOM vs PDBC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CCOM No dataPDBC 16.8%
Return per unit of riskSharpe ratio, 3 years
CCOM No dataPDBC 0.67
Worst fallMax drawdown, 5 years
CCOM No dataPDBC −27.6%
Market sensitivityBeta, 5 years
CCOM −0.02PDBC 1.06

CCOM and PDBC in the news

All news⁠

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