GCC vs. COM

Last updated Jun 4, 2026

GCC (WisdomTree Enhanced Commodity Strategy Fund) and COM (Direxion Auspice Broad Commodity Strategy ETF) are both Commodities funds. GCC is actively managed, while COM is passively managed. Over the past 5 years, GCC returned 11.48%/yr vs 8.28%/yr for COM. A 0.64 correlation means they provide meaningful diversification when combined. GCC charges 0.55%/yr vs 0.70%/yr for COM.

Performance

GCC vs. COM - Performance Comparison

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

Returns By Period

In the year-to-date period, GCC achieves a 18.63% return, which is significantly higher than COM's 14.96% return.

GCC

• 1D: -0.48%
• 1M: -1.53%
• YTD: 18.63%
• 6M: 21.66%
• 1Y: 37.16%
• 3Y*: 19.03%
• 5Y*: 11.48%
• 10Y*: 6.84%

COM

• 1D: -0.76%
• 1M: -2.14%
• YTD: 14.96%
• 6M: 14.36%
• 1Y: 22.41%
• 3Y*: 7.16%
• 5Y*: 8.28%
• 10Y*: —

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

GCC vs. COM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GCC WisdomTree Enhanced Commodity Strategy Fund	18.63%	20.01%	15.13%	-3.72%	7.74%	19.96%	1.38%	7.07%	-8.69%	0.16%
COM Direxion Auspice Broad Commodity Strategy ETF	14.96%	7.72%	5.81%	-2.09%	9.17%	28.00%	6.63%	-0.18%	-0.03%	-2.05%

Correlation

The correlation between GCC and COM is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Mar 31, 2017	0.64

The correlation between GCC and COM shifts across timeframes, from 0.64 (all time) to 0.80 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

GCC vs. COM — Risk / Return Rank

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

GCC

GCC Risk / Return Rank: 67
GCC Sharpe Ratio Rank: 67
GCC Sortino Ratio Rank: 56
GCC Omega Ratio Rank: 69
GCC Calmar Ratio Rank: 73
GCC Martin Ratio Rank: 71

COM

COM Risk / Return Rank: 70
COM Sharpe Ratio Rank: 64
COM Sortino Ratio Rank: 60
COM Omega Ratio Rank: 67
COM Calmar Ratio Rank: 87
COM Martin Ratio Rank: 75

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.

GCC vs. COM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Enhanced Commodity Strategy Fund (GCC) 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.

	GCC	COM	Difference
Sharpe ratio: Return per unit of total volatility	2.24	2.16	+0.08
Sortino ratio: Return per unit of downside risk	2.72	2.89	-0.16
Omega ratio: Gain probability vs. loss probability	1.42	1.41	+0.01
Calmar ratio: Return relative to maximum drawdown	3.64	4.95	-1.31
Martin ratio: Return relative to average drawdown	13.42	14.37	-0.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GCC vs. COM - Sharpe Ratio Comparison

The current GCC Sharpe Ratio is 2.24, which is comparable to the COM Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of GCC and COM, 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

	GCC	COM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.24	2.16	+0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.87	-0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.72	-0.64

Drawdowns

GCC vs. COM - Drawdown Comparison

The maximum GCC drawdown since its inception was -63.19%, which is greater than COM's maximum drawdown of -15.95%. Use the drawdown chart below to compare losses from any high point for GCC and COM.

Drawdown Indicators

	GCC	COM	Difference
Max Drawdown Largest peak-to-trough decline	-63.19%	-15.95%	-47.24%
Max Drawdown (1Y) Largest decline over 1 year	-10.25%	-4.55%	-5.70%
Max Drawdown (3Y) Largest decline over 3 years	-11.22%	-8.50%	-2.72%
Max Drawdown (5Y) Largest decline over 5 years	-27.07%	-14.02%	-13.05%
Max Drawdown (10Y) Largest decline over 10 years	-32.93%	—	—
Current Drawdown Current decline from peak	-5.29%	-4.55%	-0.74%
Average Drawdown Average peak-to-trough decline	-34.91%	-6.28%	-28.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	1.56%	+1.22%

Volatility

GCC vs. COM - Volatility Comparison

WisdomTree Enhanced Commodity Strategy Fund (GCC) has a higher volatility of 4.53% compared to Direxion Auspice Broad Commodity Strategy ETF (COM) at 4.04%. This indicates that GCC's price experiences larger fluctuations and is considered to be riskier than COM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GCC	COM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	4.04%	+0.49%
Volatility (6M) Calculated over the trailing 6-month period	14.76%	8.60%	+6.16%
Volatility (1Y) Calculated over the trailing 1-year period	16.63%	10.41%	+6.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.93%	9.60%	+7.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.77%	9.77%	+5.00%

GCC vs. COM - Expense Ratio Comparison

GCC has a 0.55% expense ratio, which is lower than COM's 0.70% expense ratio.

Dividends

GCC vs. COM - Dividend Comparison

GCC's dividend yield for the trailing twelve months is around 5.60%, more than COM's 2.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
COM Direxion Auspice Broad Commodity Strategy ETF	2.46%	2.99%	3.88%	3.80%	8.59%	10.32%	0.13%	1.09%	2.36%	0.09%
GCC WisdomTree Enhanced Commodity Strategy Fund	5.60%	6.64%	3.51%	3.68%	22.49%	9.76%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GCC and COM in my portfolio?

GCC and COM have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GCC or COM?

GCC has higher volatility (4.53%) compared to COM (4.04%). In terms of maximum drawdown, GCC dropped -63.19% vs COM's -15.95%.

Which ETF is better, GCC or COM?

On 5-year performance, GCC leads with 11.48% vs 8.28% for COM. On fees, GCC is cheaper at 0.55% per year. On volatility, COM has been the lower-risk option at 4.04%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GCC or COM?

Over the 5-year period, GCC has performed better with a 11.48% return vs 8.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GCC or COM?

GCC is cheaper with a 0.55% expense ratio, compared with 0.70% for COM.

Which ETF pays a higher dividend yield, GCC or COM?

GCC has the higher dividend yield at 5.60%, compared with 2.46% for COM.

What is the main difference between GCC and COM?

They also come from different issuers: WisdomTree and Direxion. Their fees differ too: 0.55% for GCC and 0.70% for COM.

Which has better risk-adjusted returns?

GCC currently has the higher Sharpe Ratio (2.24 vs 2.16), 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.