DFMC vs. USOI

Last updated Jun 4, 2026

DFMC (Dimensional US Micro Cap Portfolio ETF) and USOI (Credit Suisse X-Links Crude Oil Shares Covered Call ETN) are both exchange-traded funds - DFMC is a Small Cap Blend Equities fund actively managed by Dimensional Fund Advisors, while USOI is a Commodities fund tracking the Credit Suisse NASDAQ WTI Crude Oil FLOWS 106 Index. DFMC is actively managed, while USOI is passively managed. At a correlation of -0.47, they often move in opposite directions. DFMC charges 0.41%/yr vs 0.85%/yr for USOI.

Performance

DFMC vs. USOI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional US Micro Cap Portfolio ETF (DFMC) and Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DFMC

• 1D: -1.12%
• 1M: 1.77%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USOI

• 1D: -2.04%
• 1M: 0.59%
• YTD: 47.45%
• 6M: 44.00%
• 1Y: 46.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DFMC vs. USOI - Yearly Performance Comparison

	2026 (YTD)
DFMC Dimensional US Micro Cap Portfolio ETF	11.97%
USOI Credit Suisse X-Links Crude Oil Shares Covered Call ETN	22.53%

Correlation

The correlation between DFMC and USOI is -0.47, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 24, 2026	-0.47

Return for Risk

DFMC vs. USOI — Risk / Return Rank

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

USOI

USOI Risk / Return Rank: 62
USOI Sharpe Ratio Rank: 63
USOI Sortino Ratio Rank: 58
USOI Omega Ratio Rank: 57
USOI Calmar Ratio Rank: 78
USOI Martin Ratio Rank: 54

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.

DFMC vs. USOI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional US Micro Cap Portfolio ETF (DFMC) and Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI). 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.

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

Sharpe Ratios by Period

	DFMC	USOI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.79	0.89	+3.91

Drawdowns

DFMC vs. USOI - Drawdown Comparison

The maximum DFMC drawdown since its inception was -4.29%, smaller than the maximum USOI drawdown of -19.49%. Use the drawdown chart below to compare losses from any high point for DFMC and USOI.

Drawdown Indicators

	DFMC	USOI	Difference
Max Drawdown Largest peak-to-trough decline	-4.29%	-19.49%	+15.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.90%	—
Current Drawdown Current decline from peak	-1.12%	-5.06%	+3.94%
Average Drawdown Average peak-to-trough decline	-0.84%	-7.20%	+6.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.13%	—

Volatility

Volatility by Period

	DFMC	USOI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.19%	22.46%	-6.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.19%	22.61%	-6.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.19%	22.61%	-6.42%

DFMC vs. USOI - Expense Ratio Comparison

DFMC has a 0.41% expense ratio, which is lower than USOI's 0.85% expense ratio.

Dividends

DFMC vs. USOI - Dividend Comparison

DFMC has not paid dividends to shareholders, while USOI's dividend yield for the trailing twelve months is around 37.65%.

Position	TTM	2025	2024
DFMC Dimensional US Micro Cap Portfolio ETF	0.00%	0.00%	0.00%
USOI Credit Suisse X-Links Crude Oil Shares Covered Call ETN	37.65%	27.21%	12.54%

Frequently Asked Questions

Can I hold both DFMC and USOI in my portfolio?

DFMC and USOI have a correlation of -0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DFMC or USOI?

On fees, DFMC is cheaper at 0.41% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DFMC or USOI?

DFMC is cheaper with a 0.41% expense ratio, compared with 0.85% for USOI.

Which ETF pays a higher dividend yield, DFMC or USOI?

USOI has the higher dividend yield at 37.65%, compared with 0.00% for DFMC.

What is the main difference between DFMC and USOI?

DFMC is categorized as Small Cap Blend Equities, while USOI is Commodities. They also come from different issuers: Dimensional Fund Advisors and Credit Suisse. Their fees differ too: 0.41% for DFMC and 0.85% for USOI.