DCMT vs. ZSB

Last updated Apr 16, 2026

DCMT (DoubleLine Commodity Strategy ETF) and ZSB (USCF Sustainable Battery Metals Strategy Fund) are both Commodities funds. DCMT is actively managed, while ZSB is passively managed. Over the past year, DCMT returned 36.82% vs 71.55% for ZSB. At 0.30, their price movements are largely independent. DCMT charges 0.66%/yr vs 0.59%/yr for ZSB.

Performance

DCMT vs. ZSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Commodity Strategy ETF (DCMT) and USCF Sustainable Battery Metals Strategy Fund (ZSB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DCMT achieves a 26.29% return, which is significantly higher than ZSB's 10.27% return.

DCMT

• 1D: -0.02%
• 1M: 2.09%
• YTD: 26.29%
• 6M: 26.95%
• 1Y: 36.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ZSB

• 1D: 0.32%
• 1M: -2.80%
• YTD: 10.27%
• 6M: 30.54%
• 1Y: 71.55%
• 3Y*: 2.92%
• 5Y*: —
• 10Y*: —

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

DCMT vs. ZSB - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DCMT DoubleLine Commodity Strategy ETF	26.29%	6.04%	4.96%
ZSB USCF Sustainable Battery Metals Strategy Fund	10.27%	64.34%	-9.72%

Correlation

The correlation between DCMT and ZSB is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (All Time) Calculated using the full available price history since Feb 2, 2024	0.30

The correlation between DCMT and ZSB shifts across timeframes, from 0.18 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DCMT vs. ZSB — Risk / Return Rank

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

DCMT

DCMT Risk / Return Rank: 68
DCMT Sharpe Ratio Rank: 61
DCMT Sortino Ratio Rank: 57
DCMT Omega Ratio Rank: 59
DCMT Calmar Ratio Rank: 92
DCMT Martin Ratio Rank: 71

ZSB

ZSB Risk / Return Rank: 74
ZSB Sharpe Ratio Rank: 81
ZSB Sortino Ratio Rank: 64
ZSB Omega Ratio Rank: 82
ZSB Calmar Ratio Rank: 79
ZSB Martin Ratio Rank: 62

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.

DCMT vs. ZSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Commodity Strategy ETF (DCMT) and USCF Sustainable Battery Metals Strategy Fund (ZSB). 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.

	DCMT	ZSB	Difference
Sharpe ratio Return per unit of total volatility	2.24	2.78	-0.54
Sortino ratio Return per unit of downside risk	2.99	3.22	-0.23
Omega ratio Gain probability vs. loss probability	1.40	1.53	-0.13
Calmar ratio Return relative to maximum drawdown	6.52	4.55	+1.97
Martin ratio Return relative to average drawdown	15.28	13.43	+1.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DCMT vs. ZSB - Sharpe Ratio Comparison

The current DCMT Sharpe Ratio is 2.24, which is comparable to the ZSB Sharpe Ratio of 2.78. The chart below compares the historical Sharpe Ratios of DCMT and ZSB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DCMT	ZSB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.24	2.78	-0.54
Sharpe Ratio (All Time) Calculated using the full available price history	1.12	-0.00	+1.12

Drawdowns

DCMT vs. ZSB - Drawdown Comparison

The maximum DCMT drawdown since its inception was -11.95%, smaller than the maximum ZSB drawdown of -49.26%. Use the drawdown chart below to compare losses from any high point for DCMT and ZSB.

Drawdown Indicators

	DCMT	ZSB	Difference
Max Drawdown Largest peak-to-trough decline	-11.95%	-49.26%	+37.31%
Max Drawdown (1Y) Largest decline over 1 year	-5.61%	-16.75%	+11.14%
Current Drawdown Current decline from peak	-3.16%	-7.03%	+3.87%
Average Drawdown Average peak-to-trough decline	-3.19%	-32.05%	+28.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.39%	5.67%	-3.28%

Volatility

DCMT vs. ZSB - Volatility Comparison

The current volatility for DoubleLine Commodity Strategy ETF (DCMT) is 8.65%, while USCF Sustainable Battery Metals Strategy Fund (ZSB) has a volatility of 9.90%. This indicates that DCMT experiences smaller price fluctuations and is considered to be less risky than ZSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DCMT	ZSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.65%	9.90%	-1.25%
Volatility (6M) Calculated over the trailing 6-month period	13.89%	22.64%	-8.75%
Volatility (1Y) Calculated over the trailing 1-year period	16.60%	25.98%	-9.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.10%	19.73%	-4.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.10%	19.73%	-4.63%

DCMT vs. ZSB - Expense Ratio Comparison

DCMT has a 0.66% expense ratio, which is higher than ZSB's 0.59% expense ratio.

Dividends

DCMT vs. ZSB - Dividend Comparison

DCMT's dividend yield for the trailing twelve months is around 2.91%, more than ZSB's 0.83% yield.

	TTM	2025	2024	2023
DCMT DoubleLine Commodity Strategy ETF	2.91%	3.67%	1.59%	0.00%
ZSB USCF Sustainable Battery Metals Strategy Fund	0.83%	0.92%	2.96%	3.59%