FDIQ vs. ISCMF

Last updated Jun 3, 2026

FDIQ (Invesco Bloomberg Financial Data Providers ETF) and ISCMF (iShares Diversified Commodity Swap UCITS ETF) are both exchange-traded funds - FDIQ is a Financials Equities fund tracking the Bloomberg Financial Data Providers Index, while ISCMF is a Commodities fund tracking the Bloomberg Commodity Index. Both are passively managed. Over the past 3 years, FDIQ returned 18.66%/yr vs 15.20%/yr for ISCMF. At a correlation of -0.02, they often move in opposite directions. FDIQ charges 0.35%/yr vs 0.19%/yr for ISCMF.

Performance

FDIQ vs. ISCMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Bloomberg Financial Data Providers ETF (FDIQ) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDIQ achieves a 10.79% return, which is significantly lower than ISCMF's 22.87% return.

FDIQ

• 1D: -2.91%
• 1M: -4.51%
• YTD: 10.79%
• 6M: 13.45%
• 1Y: 26.06%
• 3Y*: 18.66%
• 5Y*: 3.99%
• 10Y*: 7.70%

ISCMF

• 1D: 0.00%
• 1M: -0.67%
• YTD: 22.87%
• 6M: 27.76%
• 1Y: 37.85%
• 3Y*: 15.20%
• 5Y*: —
• 10Y*: —

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

FDIQ vs. ISCMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FDIQ Invesco Bloomberg Financial Data Providers ETF	10.79%	6.32%	12.76%	-0.84%	-8.37%
ISCMF iShares Diversified Commodity Swap UCITS ETF	22.87%	19.65%	3.13%	-9.58%	-5.08%

Correlation

The correlation between FDIQ and ISCMF is -0.11, 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 (1Y) Calculated over the trailing 1-year period	-0.11
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022	-0.02

Return for Risk

FDIQ vs. ISCMF — Risk / Return Rank

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

FDIQ

FDIQ Risk / Return Rank: 35
FDIQ Sharpe Ratio Rank: 32
FDIQ Sortino Ratio Rank: 33
FDIQ Omega Ratio Rank: 33
FDIQ Calmar Ratio Rank: 43
FDIQ Martin Ratio Rank: 35

ISCMF

ISCMF Risk / Return Rank: 82
ISCMF Sharpe Ratio Rank: 60
ISCMF Sortino Ratio Rank: 82
ISCMF Omega Ratio Rank: 99
ISCMF Calmar Ratio Rank: 93
ISCMF Martin Ratio Rank: 79

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.

FDIQ vs. ISCMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg Financial Data Providers ETF (FDIQ) 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.

	FDIQ	ISCMF	Difference
Sharpe ratio Return per unit of total volatility	1.18	2.05	-0.87
Sortino ratio Return per unit of downside risk	1.77	3.74	-1.97
Omega ratio Gain probability vs. loss probability	1.23	2.53	-1.30
Calmar ratio Return relative to maximum drawdown	2.20	6.66	-4.45
Martin ratio Return relative to average drawdown	5.64	15.79	-10.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDIQ vs. ISCMF - Sharpe Ratio Comparison

The current FDIQ Sharpe Ratio is 1.18, which is lower than the ISCMF Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of FDIQ and ISCMF, 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

	FDIQ	ISCMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	2.05	-0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.45	-0.08

Drawdowns

FDIQ vs. ISCMF - Drawdown Comparison

The maximum FDIQ drawdown since its inception was -52.86%, which is greater than ISCMF's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for FDIQ and ISCMF.

Drawdown Indicators

	FDIQ	ISCMF	Difference
Max Drawdown Largest peak-to-trough decline	-52.86%	-25.42%	-27.44%
Max Drawdown (1Y) Largest decline over 1 year	-11.13%	-5.69%	-5.44%
Max Drawdown (3Y) Largest decline over 3 years	-28.09%	-7.62%	-20.47%
Max Drawdown (5Y) Largest decline over 5 years	-42.99%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.86%	—	—
Current Drawdown Current decline from peak	-7.63%	-5.26%	-2.37%
Average Drawdown Average peak-to-trough decline	-11.56%	-13.44%	+1.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.35%	2.40%	+1.95%

Volatility

FDIQ vs. ISCMF - Volatility Comparison

The current volatility for Invesco Bloomberg Financial Data Providers ETF (FDIQ) is 4.00%, while iShares Diversified Commodity Swap UCITS ETF (ISCMF) has a volatility of 7.14%. This indicates that FDIQ 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

	FDIQ	ISCMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.00%	7.14%	-3.14%
Volatility (6M) Calculated over the trailing 6-month period	13.93%	15.90%	-1.97%
Volatility (1Y) Calculated over the trailing 1-year period	22.16%	18.53%	+3.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.69%	14.38%	+14.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.12%	14.38%	+16.74%

FDIQ vs. ISCMF - Expense Ratio Comparison

FDIQ has a 0.35% expense ratio, which is higher than ISCMF's 0.19% expense ratio.

Dividends

FDIQ vs. ISCMF - Dividend Comparison

FDIQ's dividend yield for the trailing twelve months is around 2.53%, while ISCMF has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDIQ Invesco Bloomberg Financial Data Providers ETF	2.53%	2.66%	2.69%	2.89%	2.51%	2.04%	2.92%	2.44%	2.45%	1.59%	1.50%	1.92%
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%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDIQ and ISCMF in my portfolio?

FDIQ and ISCMF have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDIQ or ISCMF?

ISCMF has higher volatility (7.14%) compared to FDIQ (4.00%). In terms of maximum drawdown, FDIQ dropped -52.86% vs ISCMF's -25.42%.

Which ETF is better, FDIQ or ISCMF?

On 3-year performance, FDIQ leads with 18.66% vs 15.20% for ISCMF. On fees, ISCMF is cheaper at 0.19% per year. On volatility, FDIQ has been the lower-risk option at 4.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDIQ or ISCMF?

Over the 3-year period, FDIQ has performed better with a 18.66% return vs 15.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDIQ or ISCMF?

ISCMF is cheaper with a 0.19% expense ratio, compared with 0.35% for FDIQ.

Which ETF pays a higher dividend yield, FDIQ or ISCMF?

FDIQ has the higher dividend yield at 2.53%, compared with 0.00% for ISCMF.

What is the main difference between FDIQ and ISCMF?

FDIQ is categorized as Financials Equities, while ISCMF is Commodities. FDIQ tracks Bloomberg Financial Data Providers Index, while ISCMF tracks Bloomberg Commodity Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.35% for FDIQ and 0.19% for ISCMF.

Which has better risk-adjusted returns?

ISCMF currently has the higher Sharpe Ratio (2.05 vs 1.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.