COM vs. ISCMF

Last updated Apr 1, 2026

Compare and contrast key facts about Direxion Auspice Broad Commodity Strategy ETF (COM) and iShares Diversified Commodity Swap UCITS ETF (ISCMF).

COM and ISCMF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. ISCMF is a passively managed fund by iShares that tracks the performance of the Bloomberg Commodity Index. It was launched on Mar 4, 2022. Both COM and ISCMF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

COM vs. ISCMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Auspice Broad Commodity Strategy ETF (COM) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). The values are adjusted to include any dividend payments, if applicable.

COM vs. ISCMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
COM Direxion Auspice Broad Commodity Strategy ETF	14.18%	7.72%	5.81%	-2.09%	-4.94%
ISCMF iShares Diversified Commodity Swap UCITS ETF	17.84%	19.65%	3.13%	-9.58%	-5.08%

Returns By Period

In the year-to-date period, COM achieves a 14.18% return, which is significantly lower than ISCMF's 17.84% return.

COM

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

ISCMF

• 1D: 0.00%
• 1M: 7.22%
• YTD: 17.84%
• 6M: 26.76%
• 1Y: 29.86%
• 3Y*: 12.27%
• 5Y*: —
• 10Y*: —

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

COM vs. ISCMF - Expense Ratio Comparison

COM has a 0.70% expense ratio, which is higher than ISCMF's 0.19% expense ratio.

COM

Direxion Auspice Broad Commodity Strategy ETF

ISCMF

iShares Diversified Commodity Swap UCITS ETF

Return for Risk

COM vs. ISCMF — Risk / Return Rank

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

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

ISCMF

ISCMF Risk / Return Rank: 94
ISCMF Sharpe Ratio Rank: 86
ISCMF Sortino Ratio Rank: 96
ISCMF Omega Ratio Rank: 99
ISCMF Calmar Ratio Rank: 97
ISCMF Martin Ratio Rank: 91

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.

COM vs. ISCMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Auspice Broad Commodity Strategy ETF (COM) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). 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.

	COM	ISCMF	Difference
Sharpe ratio Return per unit of total volatility	1.72	1.79	-0.08
Sortino ratio Return per unit of downside risk	2.24	3.44	-1.20
Omega ratio Gain probability vs. loss probability	1.34	2.36	-1.02
Calmar ratio Return relative to maximum drawdown	2.96	5.25	-2.29
Martin ratio Return relative to average drawdown	6.37	12.38	-6.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COM vs. ISCMF - Sharpe Ratio Comparison

The current COM Sharpe Ratio is 1.72, which is comparable to the ISCMF Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of COM and ISCMF, 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

	COM	ISCMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.72	1.79	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.40	+0.33

Correlation

The correlation between COM and ISCMF is 0.04, 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

COM vs. ISCMF - Dividend Comparison

COM's dividend yield for the trailing twelve months is around 2.48%, while ISCMF has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
ISCMF iShares Diversified Commodity Swap UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

COM vs. ISCMF - Drawdown Comparison

The maximum COM drawdown since its inception was -15.95%, smaller than the maximum ISCMF drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for COM and ISCMF.

Drawdown Indicators

	COM	ISCMF	Difference
Max Drawdown Largest peak-to-trough decline	-15.95%	-25.42%	+9.47%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	-5.69%	-0.46%
Max Drawdown (5Y) Largest decline over 5 years	-14.02%	—	—
Current Drawdown Current decline from peak	-0.64%	-2.55%	+1.91%
Average Drawdown Average peak-to-trough decline	-6.38%	-13.98%	+7.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.86%	2.41%	+0.45%

Volatility

COM vs. ISCMF - Volatility Comparison

The current volatility for Direxion Auspice Broad Commodity Strategy ETF (COM) is 3.77%, while iShares Diversified Commodity Swap UCITS ETF (ISCMF) has a volatility of 9.72%. This indicates that COM experiences smaller price fluctuations and is considered to be less risky than ISCMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COM	ISCMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.77%	9.72%	-5.95%
Volatility (6M) Calculated over the trailing 6-month period	8.21%	13.85%	-5.64%
Volatility (1Y) Calculated over the trailing 1-year period	10.35%	16.72%	-6.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.71%	14.05%	-4.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.76%	14.05%	-4.29%