HARD vs PDBC

AHARD

BPDBC

Measures won2–3PDBC wins · of 6 · 5Y

$10,000 · 5Y$22,983GLDM · GLD $22,656

Lowest cost0.10%GLDM · $10 on $10k

Most income3.83%HARD · $383 on $10k

Smallest drop−16.6%PDBC · worst fall in 1Y

Held in common[…]HARD and PDBC

HARD

PDBC

Simplify Commodities Strategy No K-1 ETF · $51MInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF · $7.6B

+12.9%3 years · per year$14,387 · $14,067+12.0%

[…]5 years · per year[…] · $16,374+10.4%

0.90%Expense ratio$90 · $74 on $10k · lower wins0.74%

3.83%12-mo yield$383 · $275 on $10k2.75%

−21.0%Worst dropSmaller wins−16.6%

30.1%VolatilityLower wins21.2%

2–3PDBC wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsHARD · PDBC

They share no top holdings, or holdings aren’t on file […]

Held in common[…]

End-of-day Nov 9, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Four

5Y4 funds

#
1	GLDM	SPDR Gold MiniShares TrustRead Desk	0.10%	0.00%	+1.9%	−4.1%	+4.0%	+27.6%	+18.1%	−28.0%	$30.8B
2	GLD	SPDR Gold SharesRead Desk	0.40%	0.00%	+1.9%	−4.2%	+3.7%	+27.3%	+17.8%	−28.3%	$135.5B
3	BPDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETFRead Desk	0.74%	2.75%	−1.6%	+39.4%	+41.1%	+12.0%	+10.4%	−16.6%	$7.6B
4	AHARD	Simplify Commodities Strategy No K-1 ETFRead Desk	0.90%	3.83%	−1.6%	+8.7%	+12.0%	+12.9%	new	−21.0%	$51M

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Four

5Y4 funds

#
1	GLDM	SPDR Gold MiniShares TrustRead Desk	0.10%	0.00%	+1.9%	−4.1%	+4.0%	+27.6%	+18.1%	−28.0%	$30.8B
2	GLD	SPDR Gold SharesRead Desk	0.40%	0.00%	+1.9%	−4.2%	+3.7%	+27.3%	+17.8%	−28.3%	$135.5B
3	BPDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETFRead Desk	0.74%	2.75%	−1.6%	+39.4%	+41.1%	+12.0%	+10.4%	−16.6%	$7.6B
4	AHARD	Simplify Commodities Strategy No K-1 ETFRead Desk	0.90%	3.83%	−1.6%	+8.7%	+12.0%	+12.9%	new	−21.0%	$51M

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

HARD vs PDBC

HARD

Simplify Commodities Strategy No K-1

[…]

PDBC

Invesco Optimum Yield Diversified Commodity Strategy No K-1

$16,374

MeasureHARDPDBC

Fee0.90%0.74%

Cost on $10k a year$90$74

Yield3.83%2.75%

5 years, per year[…]+10.4%

3 years, per year+12.9%+12.0%

Worst drop · 1Y−21.0%−16.6%

Volatility · 1Y30.1%21.2%

3–2measures won
PDBC first

Nov 9, 2026 · $10,000 five years ago, dividends reinvested

SCHD vs VIG

YTD

SchwabSCHD

+33.2%

VIGVanguard

+14.8%

+33.2%Year to date+14.8%

3.0%Yield1.5%

$122BAssets$109B

2–0SCHD wins

End-of-day Nov 9, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+6.6%

JEPIJ.P. Morgan

+7.5%

+6.6%Year to date+7.5%

12.4%Yield7.9%

$40.7BAssets$45.2B

1–1level

End-of-day Nov 9, 2026

SPYM vs SPY

YTD

SPDRSPYM

+11.3%

SPYSPDR

+11.2%

+11.3%Year to date+11.2%

1.0%Yield1.0%

$179BAssets$778B

1–0SPYM wins

End-of-day Nov 9, 2026

Overlap: HARD, PDBC, GLD, GLDM

Today

[…]holdings […]

HARDPDBCGLDGLDM

HARD—[…][…][…]

PDBC[…]—[…][…]

GLD[…][…]—[…]

GLDM[…][…][…]—

End-of-day Nov 9, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$293most kept, HARD

HARD$383 − $90 = $293

PDBC$275 − $74 = $201

GLDM$0 − $10 = −$10

GLD$0 − $40 = −$40

KeptFee

End-of-day Nov 9, 2026 · yield in dollars minus the fee