Invesco vs SPDR: ETF issuers compared

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Invesco vs SPDR: ETF issuers compared | ETF Tracker

Commodities: Invesco wins, 100% to 100% of funds made money

Every dot is one commodities fund, placed at its 1-year return. Right of the line = made money. The ringed dot is the middle fund.

BOX SCORE · COMMODITIES	Invesco	SPDR
Funds in the category	6	3
Made money (W–L)	6–0	3–0
Win %	100%	100%
Money made	$3.7B	$2.4B
Typical return	+18.2%	+1.5%
Launches · 2026	0	0
Assets	$12.1B	$167B
Fee per $100	$0.78	$0.34

The biggest commodities funds on each side

Invesco

Fund	Name	Assets	1Y
PDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	$8.0B	+55.4% ✓
DBC	Invesco DB Commodity Index Tracking Fund	$1.9B	+54.3% ✓
DBA	Invesco DB Agriculture Fund	$1.1B	+7.6% ✓
PDBA	Invesco Agriculture Commodity Strategy No K-1 ETF	$451M	+7.4% ✓
DBB	Invesco DB Base Metals Fund	$326M	+18.2% ✓
DBP	Invesco DB Precious Metals Fund	$213M	+1.6% ✓

SPDR

Fund	Name	Assets	1Y
GLD	SPDR Gold Shares	$136B	+1.1% ✓
GLDM	SPDR Gold MiniShares Trust	$30.5B	+1.5% ✓
CERY	State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF	$1.3B	+44.6% ✓

Twin funds: SPDR is cheaper in 28 of 32. Invesco returned more in 19.

Pairs that hold the same market. Fee = per $100 a year. Returns within 0.1 points are a tie; 5-year returns are per year.

CHEAPER4 – 280 tieBETTER 1Y19 – 110 tieBETTER 5Y17 – 92 tie

Low-cost core · 2

QVML$0.11+14.5%+13.0%S&P 500+12.6%+13.2%$0.09SPY
QQQM$0.15+13.6%+14.4%Nasdaq-100——$0.10QNDX

US stocks · 8

XMMO$0.34+2.2%+10.2%S&P 400 mid caps+7.2%+14.1%$0.23MDY
XMHQ$0.30+13.5%+10.0%Mid caps+7.4%+14.5%$0.03SPMD
RWJ$0.39+23.0%+9.1%Small caps+6.3%+19.5%$0.03SPSM
XSVM$0.36+23.8%+7.0%Small-cap value+6.8%+20.9%$0.15SLYV
OMFL$0.29+18.3%+9.0%Russell 1000+10.0%+22.1%$0.20ONEY
XMVM$0.37+26.2%+11.5%Mid-cap value+8.1%+14.6%$0.15MDYV
XSMO$0.35+12.9%+9.2%Momentum+10.5%+3.2%$0.12MMTM
PWV$0.55+25.4%+13.8%Large value+12.6%+22.0%$0.12VLU

International · 2

PXH$0.47+12.2%+9.3%Emerging markets+5.4%+5.3%$0.07SPEM
IDMO$0.25+14.7%+13.6%Developed markets+7.9%+9.9%$0.20EFAX

Bonds & cash · 8

PGHY$0.35+1.2%+4.2%High-yield bonds+3.9%+1.6%$0.05SPHY
BKLN$0.67+3.6%+5.4%Senior Loan+4.8%+4.0%$0.70SRLN
TBLL$0.08+3.3%+3.6%Short Term Treasury+2.1%+1.9%$0.03SPTS
PZA$0.28−3.2%−0.9%Muni bonds−0.3%−0.7%$0.23TFI
GTOQ$0.39——High Yield Bond+3.3%+1.7%$0.40JNK
ICLO$0.19+4.5%—

Sectors · 4

PBE$0.59+42.3%+7.1%Biotech+5.1%+41.5%$0.35XBI
PTF$0.69+29.8%+13.7%US tech+16.9%+21.5%$0.35XNTK
PSR$0.35+12.5%+1.2%US real estate+2.8%+12.1%$0.25RWR
PTH$0.74+33.6%+3.5%Health care+6.7%+37.6%$0.35XHS

All 32 twins

Sectors · 1

PXJ$0.77+65.8%+22.2%Oil Gas Services+14.7%+46.3%$0.35XES

Thematic · 3

PPA$0.58+2.4%+17.3%Aerospace Defense+14.3%−5.9%$0.35XAR
SOXQ$0.19+60.6%+28.6%Semiconductors+18.4%+38.0%$0.35XSD
PIPE$0.75+37.9%—Infrastructure+9.7%+9.2%$0.40GII

Income · 3

PEY$0.68+20.3%+8.1%Dividend stocks

Squares, left to right: fee · 1 year · 5 years, coloured by who won. Most gaps come from different index rules, not fees.

Who wins each category · share of its funds that made money · 1Y

Commodities: Invesco wins, 100% to 100% of funds made money

The biggest commodities funds on each side

Invesco

SPDR

Twin funds: SPDR is cheaper in 28 of 32. Invesco returned more in 19.

Low-cost core · 2

US stocks · 8

International · 2

Bonds & cash · 8

Sectors · 4

Sectors · 1

Thematic · 3

Income · 3

Other · 1

Tale of the tape

Commodities: Invesco wins, 100% to 100% of funds made money

The biggest commodities funds on each side

I Invesco

S SPDR

Low-cost core · 2

US stocks · 8

International · 2

Bonds & cash · 8

Sectors · 4

Sectors · 1

Thematic · 3

Income · 3

Share this matchup

Other · 1

Invesco

SPDR