BCFN vs. USCI

Last updated Aug 2, 2026

BCFN (Baron Financials ETF) and USCI (United States Commodity Index Fund) are both exchange-traded funds - BCFN is a Financials Equities fund tracking the Actively Managed, while USCI is a Commodities fund tracking the SummerHaven Dynamic Commodity Index Total Return. Both are passively managed. Their -0.15 correlation means they have often moved in opposite directions in the past. BCFN charges 0.80%/yr vs 1.03%/yr for USCI.

Performance

BCFN vs. USCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baron Financials ETF (BCFN) and United States Commodity Index Fund (USCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCFN achieves a -8.91% return, which is significantly lower than USCI's 30.16% return.

BCFN

• 1D: -0.22%
• 1M: 1.82%
• 6M: -4.65%
• YTD: -8.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

USCI

• 1D: 0.05%
• 1M: 9.65%
• 6M: 19.52%
• YTD: 30.16%
• 1Y: 38.23%
• 3Y*: 19.78%
• 5Y*: 19.95%
• 10Y*: 9.20%
• ALL TIME*: 4.50%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BCFN Baron Financials ETF	$34.29K	$30.00K	$73.20K
USCI United States Commodity Index Fund	$1.01M	$1.13M	$1.88M

BCFN vs. USCI - Yearly Performance Comparison

	2026 (YTD)	2025
BCFN Baron Financials ETF	-8.91%	-0.45%
USCI United States Commodity Index Fund	30.16%	-1.49%

Correlation

The correlation between BCFN and USCI is -0.15, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 15, 2025	-0.15

Return for Risk

BCFN vs. USCI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BCFN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

USCI

USCI Risk / Return Rank: 84
USCI Sharpe Ratio Rank: 88
USCI Sortino Ratio Rank: 84
USCI Omega Ratio Rank: 84
USCI Calmar Ratio Rank: 85
USCI Martin Ratio Rank: 80

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BCFN vs. USCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baron Financials ETF (BCFN) and United States Commodity Index Fund (USCI). 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.

	BCFN	USCI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.10	—
Sortino ratio: Return per unit of downside risk	—	2.79	—
Omega ratio: Gain probability vs. loss probability	—	1.36	—
Calmar ratio: Return relative to maximum drawdown	—	3.22	—
Martin ratio: Return relative to average drawdown	—	10.29	—

Drawdowns

BCFN vs. USCI - Drawdown Comparison

The maximum BCFN drawdown since its inception was -20.95%, smaller than the maximum USCI drawdown of -66.41%. Use the drawdown chart below to compare losses from any high point for BCFN and USCI.

Drawdown Indicators

	BCFN	USCI	Difference
Max Drawdown Largest peak-to-trough decline	-20.95%	-66.41%	+45.46%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.19%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.84%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.82%	—
Current Drawdown Current decline from peak	-11.17%	-1.85%	-9.32%
Average Drawdown Average peak-to-trough decline	-12.62%	-29.27%	+16.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.50%	—

Volatility

Volatility by Period

	BCFN	USCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.88%	17.21%	+1.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.88%	18.42%	+0.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.88%	15.91%	+2.97%

BCFN vs. USCI - Expense Ratio Comparison

BCFN has a 0.80% expense ratio, which is lower than USCI's 1.03% expense ratio.

Dividends

BCFN vs. USCI - Dividend Comparison

Neither BCFN nor USCI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BCFN and USCI in my portfolio?

BCFN and USCI have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCFN or USCI?

On fees, BCFN is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCFN or USCI?

BCFN is cheaper with a 0.80% expense ratio, compared with 1.03% for USCI.

Which ETF pays a higher dividend yield, BCFN or USCI?

BCFN and USCI have nearly identical dividend yields, around 0.00%.

What is the main difference between BCFN and USCI?

BCFN is categorized as Financials Equities, while USCI is Commodities. BCFN tracks Actively Managed, while USCI tracks SummerHaven Dynamic Commodity Index Total Return. They also come from different issuers: Baron Capital and USCF. Their fees differ too: 0.80% for BCFN and 1.03% for USCI.