A side-by-side comparison of iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | COMT | PDBC |
|---|---|---|
| YTD Return | +23.11%✓ | +21.58% |
| 1-Day Change | -0.28% | -0.15%✓ |
| 1-Week Change | +0.21% | +0.45%✓ |
| 1-Month Change | +4.94%✓ | +4.20% |
| Current Price | $38.68 | $20.11 |
| AUM | $1.42B | $8.02B✓ |
| MER (Expense Ratio) | 0.5%✓ | 0.61% |
| Dividend Yield | 5.05%✓ | 2.65% |
| Distribution Frequency | NA | NA |
| Inception Date | 2014-10-15 | 2014-11-07 |
| Holdings Count | 1 | 1 |
| MorningStar Rating | — | — |
| Category | Broad Commodities | Broad Commodities |
| Beta | 1.14 | 1.07 |
| 52-Week High | $39.35 | $20.36 |
| 52-Week Low | $24.24 | $12.81 |
| 50-Day MA | $36.97 | $19.44 |
| 200-Day MA | $33.08 | $17.37 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | COMT | PDBC |
|---|---|---|
| YTD | +23.11%✓ | +21.58% |
| 1 Year | +53.23% | +54.16%✓ |
| 3 Year | +17.82%✓ | +14.82% |
| 5 Year | +13.15%✓ | +12.59% |
| 10 Year | +10.03%✓ | +9.61% |
| 1Y Volatility | 27.54% | 23.44% |
| Sharpe Ratio (3Y) | 0.55 | 0.57 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | XTSLA | BlackRock Cash Funds Treasury SL Agency | 7.95% |
| 1 | IUGXX | Invesco Treasurers Series Trust - Invesco Premier U.S. Government Money Portfolio | 85.42% |
Sector Weights
| Sector | COMT | PDBC |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About COMT
The index measures the performance of futures contracts. In seeking to achieve its investment objective, the fund may invest in a combination of exchange-traded commodity futures contracts, exchange-traded options on commodity-related futures contracts and exchange-cleared commodity related swaps (together, "Commodity-Linked Investments"), thereby obtaining exposure to the commodities markets.
About PDBC
The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in a combination of financial instruments that are economically linked to the world's most heavily traded commodities. Commodities are assets that have tangible properties, such as oil, agricultural produce or raw metals.
Which ETF is Right for You?
Both COMT and PDBC are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, COMT scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between COMT and PDBC?
COMT (iShares GSCI Commodity Dynamic Roll Strategy ETF) and PDBC (Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF) are both Canadian-listed ETFs. Key differences include their AUM ($1.42B vs $8.02B), dividend yield (5.05% vs 2.65%), and year-to-date performance (+23.11% vs +21.58%).
Is COMT better than PDBC?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, COMT has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy COMT and PDBC on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both COMT and PDBC should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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