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PDBC vs SOYB

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

PDBCANasdaq

Teucrium Soybean Fund

SOYBBNYSE Arca

Overlap

Expense ratio

PDBC −0.04pt a year

PDBC0.59%SOYB0.63%

Avg volume · 30D

PDBC 91.6×the volume

PDBC6.31MSOYB68.9K

10Y return · a year

PDBC +6.9pt

PDBC+9.9%SOYB+3.0%

PDBC vs SOYB Performance

Oct 29, 2021 – Oct 30, 2026

+78.6%PDBC+20.1%SOYB

Oct 29, 2021 to Oct 30, 2026. PDBC +78.6%. SOYB +20.1%. Use the arrow keys to read each point.0%40%60%Oct 2021Apr 2024Oct 2026
Expense ratio
PDBC 0.59%, better
SOYB 0.63%
Fund size
PDBC $8.06B
SOYB $39M
1Y total return
PDBC +53.1%, better
SOYB +13.0%
Yield (12M)
PDBC 2.54%
SOYB No data
Holdings
PDBC 3
SOYB 12
Avg volume (30D)
PDBC 6.31M sh, better
SOYB 68.9K sh
NAV per share
PDBC $20.12
SOYB $26.14
52W range

ETF.net Grade

PDBC: Cost 87, Risk 69, Mission not scored, Tradability 90, Holdings not scored, Durability 94. SOYB: Cost 69, Risk 56, Mission not scored, Tradability 76, Holdings not scored, Durability 49.
Pillar letters and Scores for PDBC, SOYB, with each pillar’s weight
PillarPDBCSOYB
Cost30% weightA87HigherB69
Mission25% weightNot scoredNot scored
Risk15% weightB69HigherB56
Tradability15% weightA90HigherA76
Holdings10% weightNot scoredNot scored
Durability5% weightA94HigherC49

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. PDBC and SOYB 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 SOYB 2nd 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 2BWEATTeucrium Wheat FundScore 65

Our read on each fund

ETF.net Research

PDBCAInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

SOYBBTeucrium Soybean Fund

In short

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.

SOYB Soybeans, straight up. Since 2011 SOYB has tracked a benchmark of soybean futures for future delivery, wrapped so you can buy the bean in an ordinary brokerage account, and it charges less than the typical commodity futures fund.

Stated mandate

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

SOYB SOYB seeks to track daily changes in the soybean market for future delivery through its benchmark.

Why people hold it

  • 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.
  • SOYB Fee of 0.63% a year sits under the 0.81% median for commodity futures funds, and under diversified rival PDBC at 0.74%.
  • A single-crop play, not a commodity grab bag: the fund follows the Teucrium Soybean Index, which tracks daily moves in soybean futures.
  • Trading since 2011, a long run for a one-commodity fund, and one of the stronger implementations in its commodity futures peer group.

Worth knowing

  • 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.
  • SOYB One crop, one price. Weather, harvest cycles and export demand move soybean futures hard, and there is nothing else in the portfolio to soften it.
  • It is a commodity pool, not a standard 1940 Act fund, so the tax paperwork differs from a stock ETF. Check how that lands on your return.
  • Mid-sized asset base and moderate turnover mean bid-ask spreads can run wider than on the giant index funds, and the payoff comes from price moves, not income.

Full PDBC profile⁠

Full SOYB profile⁠

PDBC vs SOYB 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.

PDBC vs SOYB Cost

Overpaying SOYB vs PDBC

$724

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

  • PDBC 0.59%

    $11,635

  • SOYB 0.63%

    $12,359

$10,000
30 years

Cost over time

  • PDBC 0.59%
  • SOYB 0.63%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530SOYB $12,359PDBC $11,635

Year by year

YearPDBCSOYBOverpaying
10$1,058$1,128$70
20$4,051$4,311$260
30$11,635$12,359$724

Expense ratio

  • 0.59%PDBC, cheaper
  • 0.63%SOYB
  • Middle half of Commodity Futures funds
  • Median 0.79%

PDBC 2nd cheapest of 13 funds

SOYB 5th cheapest of 13 funds

PDBC vs SOYB Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
PDBC 2.54%
SOYB No data
Payout (12M)
PDBC $0.51
SOYB None
Last payment
PDBC $0.51
SOYB No data
Ex-dividend
PDBC Dec 22, 2025
SOYB No data
Paid on
PDBC Dec 26, 2025
SOYB No data
Frequency
PDBC Annual
SOYB No data

Distribution history

Per share, 2017 to 2026, same scale for both

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
SOYBAll SOYB payments⁠

No distribution history available.

PDBC vs SOYB Risk

Fall from peak · 5 years

  • PDBC
  • SOYB
Oct 29, 2021 to Oct 30, 2026. Worst fall: SOYB −31.0% · Dec 2024. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
PDBC 16.8%SOYB 15.1%, better
Return per unit of riskSharpe ratio, 3 years
PDBC 0.67, betterSOYB −0.33
Worst fallMax drawdown, 5 years
PDBC −27.6%, betterSOYB −31.0%
Market sensitivityBeta, 5 years
PDBC 1.06SOYB 0.44

PDBC and SOYB in the news

All news⁠

Popular comparisons

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