BLNDX vs. COM

Last updated Apr 1, 2026

Compare and contrast key facts about Standpoint Multi-Asset Fund Institutional (BLNDX) and Direxion Auspice Broad Commodity Strategy ETF (COM).

BLNDX is managed by Ultimus Fund. It was launched on Dec 30, 2019. COM is a passively managed fund by Direxion that tracks the performance of the Auspice Broad Commodity ER Index. It was launched on Mar 30, 2017.

Performance

BLNDX vs. COM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Standpoint Multi-Asset Fund Institutional (BLNDX) and Direxion Auspice Broad Commodity Strategy ETF (COM). The values are adjusted to include any dividend payments, if applicable.

BLNDX vs. COM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BLNDX Standpoint Multi-Asset Fund Institutional	6.56%	4.12%	13.11%	5.79%	3.71%	20.16%	16.30%
COM Direxion Auspice Broad Commodity Strategy ETF	14.18%	7.72%	5.81%	-2.09%	9.17%	28.00%	6.63%

Returns By Period

In the year-to-date period, BLNDX achieves a 6.56% return, which is significantly lower than COM's 14.18% return.

BLNDX

• 1D: 0.00%
• 1M: -0.13%
• YTD: 6.56%
• 6M: 10.64%
• 1Y: 16.23%
• 3Y*: 9.30%
• 5Y*: 8.73%
• 10Y*: —

COM

• 1D: 0.21%
• 1M: 5.67%
• YTD: 14.18%
• 6M: 18.01%
• 1Y: 17.69%
• 3Y*: 6.92%
• 5Y*: 10.16%
• 10Y*: —

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

BLNDX vs. COM - Expense Ratio Comparison

BLNDX has a 1.27% expense ratio, which is higher than COM's 0.70% expense ratio.

BLNDX

Standpoint Multi-Asset Fund Institutional

COM

Direxion Auspice Broad Commodity Strategy ETF

Return for Risk

BLNDX vs. COM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BLNDX

BLNDX Risk / Return Rank: 64
BLNDX Sharpe Ratio Rank: 69
BLNDX Sortino Ratio Rank: 63
BLNDX Omega Ratio Rank: 60
BLNDX Calmar Ratio Rank: 73
BLNDX Martin Ratio Rank: 53

COM

COM Risk / Return Rank: 83
COM Sharpe Ratio Rank: 86
COM Sortino Ratio Rank: 85
COM Omega Ratio Rank: 87
COM Calmar Ratio Rank: 90
COM Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLNDX vs. COM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Standpoint Multi-Asset Fund Institutional (BLNDX) and Direxion Auspice Broad Commodity Strategy ETF (COM). 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.

	BLNDX	COM	Difference
Sharpe ratio Return per unit of total volatility	1.20	1.72	-0.52
Sortino ratio Return per unit of downside risk	1.58	2.24	-0.66
Omega ratio Gain probability vs. loss probability	1.22	1.34	-0.12
Calmar ratio Return relative to maximum drawdown	1.68	2.96	-1.28
Martin ratio Return relative to average drawdown	5.09	6.37	-1.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BLNDX vs. COM - Sharpe Ratio Comparison

The current BLNDX Sharpe Ratio is 1.20, which is lower than the COM Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of BLNDX and COM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BLNDX	COM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	1.72	-0.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	1.05	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	0.73	+0.21

Correlation

The correlation between BLNDX and COM is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BLNDX vs. COM - Dividend Comparison

BLNDX's dividend yield for the trailing twelve months is around 0.69%, less than COM's 2.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BLNDX Standpoint Multi-Asset Fund Institutional	0.69%	0.73%	5.74%	3.71%	2.67%	6.11%	1.21%	0.00%	0.00%	0.00%
COM Direxion Auspice Broad Commodity Strategy ETF	2.48%	2.99%	3.88%	3.80%	8.59%	10.32%	0.13%	1.09%	2.36%	0.09%

Drawdowns

BLNDX vs. COM - Drawdown Comparison

The maximum BLNDX drawdown since its inception was -17.69%, which is greater than COM's maximum drawdown of -15.95%. Use the drawdown chart below to compare losses from any high point for BLNDX and COM.

Drawdown Indicators

	BLNDX	COM	Difference
Max Drawdown Largest peak-to-trough decline	-17.69%	-15.95%	-1.74%
Max Drawdown (1Y) Largest decline over 1 year	-9.20%	-6.15%	-3.05%
Max Drawdown (5Y) Largest decline over 5 years	-17.69%	-14.02%	-3.67%
Current Drawdown Current decline from peak	-2.35%	-0.64%	-1.71%
Average Drawdown Average peak-to-trough decline	-3.26%	-6.38%	+3.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	2.86%	+0.18%

Volatility

BLNDX vs. COM - Volatility Comparison

Standpoint Multi-Asset Fund Institutional (BLNDX) and Direxion Auspice Broad Commodity Strategy ETF (COM) have volatilities of 3.83% and 3.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLNDX	COM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.83%	3.77%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	9.91%	8.21%	+1.70%
Volatility (1Y) Calculated over the trailing 1-year period	13.67%	10.35%	+3.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.53%	9.71%	+1.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.74%	9.76%	+1.98%