VDC vs. PDBC
VDC (Vanguard Consumer Staples ETF) and PDBC (Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF) are both exchange-traded funds - VDC is a Consumer Staples Equities fund tracking the MSCI US Investable Market Consumer Staples 25/50 Index, while PDBC is a Commodities fund actively managed by Invesco. VDC is passively managed, while PDBC is actively managed. Over the past 10 years, VDC returned 8.03%/yr vs 7.99%/yr for PDBC. At a 0.12 correlation, their price movements are largely independent. VDC charges 0.09%/yr vs 0.58%/yr for PDBC.
Performance
VDC vs. PDBC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VDC achieves a 10.55% return, which is significantly lower than PDBC's 28.75% return. Both investments have delivered pretty close results over the past 10 years, with VDC having a 8.03% annualized return and PDBC not far behind at 7.99%.
VDC
- 1D
- 0.65%
- 1M
- 0.43%
- YTD
- 10.55%
- 6M
- 8.59%
- 1Y
- 8.56%
- 3Y*
- 9.05%
- 5Y*
- 7.16%
- 10Y*
- 8.03%
PDBC
- 1D
- -1.04%
- 1M
- -8.33%
- YTD
- 28.75%
- 6M
- 30.02%
- 1Y
- 30.88%
- 3Y*
- 12.43%
- 5Y*
- 10.98%
- 10Y*
- 7.99%
VDC vs. PDBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VDC Vanguard Consumer Staples ETF | 10.55% | 2.17% | 13.30% | 2.38% | -1.79% | 17.64% | 10.86% | 26.11% | -7.79% | 11.85% |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 28.75% | 5.96% | 2.09% | -6.25% | 19.23% | 41.72% | -7.84% | 11.44% | -12.78% | 5.06% |
Correlation
The correlation between VDC and PDBC is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2014 | 0.12 |
The correlation between VDC and PDBC shifts across timeframes, from -0.11 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VDC vs. PDBC — Risk / Return Rank
VDC
PDBC
VDC vs. PDBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Consumer Staples ETF (VDC) and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VDC | PDBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.26 | ||
| Sortino ratioReturn per unit of downside risk | -1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.32 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.79 | 3.55 | -2.76 |
| Martin ratioReturn relative to average drawdown | 1.60 | 9.49 | -7.89 |
Loading charts...
Drawdowns
VDC vs. PDBC - Drawdown Comparison
The maximum VDC drawdown since its inception was -34.24%, smaller than the maximum PDBC drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for VDC and PDBC.
Loading charts...
Drawdown Indicators
| VDC | PDBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.24% | -49.52% | +15.28% |
Max Drawdown (1Y)Largest decline over 1 year | -9.28% | -9.78% | +0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -11.78% | -13.95% | +2.17% |
Max Drawdown (5Y)Largest decline over 5 years | -16.55% | -27.63% | +11.08% |
Max Drawdown (10Y)Largest decline over 10 years | -25.31% | -40.73% | +15.42% |
Current DrawdownCurrent decline from peak | -4.37% | -9.78% | +5.41% |
Average DrawdownAverage peak-to-trough decline | -3.73% | -23.16% | +19.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.57% | 3.65% | +0.92% |
Volatility
VDC vs. PDBC - Volatility Comparison
The current volatility for Vanguard Consumer Staples ETF (VDC) is 4.62%, while Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) has a volatility of 4.91%. This indicates that VDC experiences smaller price fluctuations and is considered to be less risky than PDBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VDC | PDBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 4.91% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 10.02% | 16.12% | -6.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.57% | 18.85% | -6.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.17% | 19.16% | -5.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.66% | 17.79% | -3.13% |
VDC vs. PDBC - Expense Ratio Comparison
VDC has a 0.09% expense ratio, which is lower than PDBC's 0.58% expense ratio.
Dividends
VDC vs. PDBC - Dividend Comparison
VDC's dividend yield for the trailing twelve months is around 2.08%, less than PDBC's 2.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 2.98% | 3.84% | 4.42% | 4.21% | 13.05% | 50.83% | 0.01% | 1.40% | 1.00% | 3.83% | 6.51% | 0.00% |
VDC Vanguard Consumer Staples ETF | 2.08% | 2.26% | 2.33% | 2.65% | 2.37% | 2.14% | 2.50% | 2.44% | 2.78% | 2.52% | 2.39% | 2.55% |
Frequently Asked Questions
VDC and PDBC have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PDBC has higher volatility (4.91%) compared to VDC (4.62%). In terms of maximum drawdown, VDC dropped -34.24% vs PDBC's -49.52%.
On 10-year performance, VDC leads with 8.03% vs 7.99% for PDBC. On fees, VDC is cheaper at 0.09% per year. On volatility, VDC has been the lower-risk option at 4.62%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VDC has performed better with a 8.03% return vs 7.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VDC is cheaper with a 0.09% expense ratio, compared with 0.58% for PDBC.
PDBC has the higher dividend yield at 2.98%, compared with 2.08% for VDC.
VDC is categorized as Consumer Staples Equities, while PDBC is Commodities. They also come from different issuers: Vanguard and Invesco. Their fees differ too: 0.09% for VDC and 0.58% for PDBC.
PDBC currently has the higher Sharpe Ratio (1.84 vs 0.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for VDC and PDBC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer