ISCMF vs. SLJY

Last updated Jun 4, 2026

ISCMF (iShares Diversified Commodity Swap UCITS ETF) and SLJY (Amplify SILJ Covered Call ETF) are both exchange-traded funds - ISCMF is a Commodities fund tracking the Bloomberg Commodity Index, while SLJY is a Derivative Income fund actively managed by Amplify. ISCMF is passively managed, while SLJY is actively managed. At a correlation of -0.02, they often move in opposite directions. ISCMF charges 0.19%/yr vs 0.75%/yr for SLJY.

Performance

ISCMF vs. SLJY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Diversified Commodity Swap UCITS ETF (ISCMF) and Amplify SILJ Covered Call ETF (SLJY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ISCMF achieves a 22.87% return, which is significantly higher than SLJY's 7.71% return.

ISCMF

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

SLJY

• 1D: -4.01%
• 1M: 3.34%
• YTD: 7.71%
• 6M: 15.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ISCMF vs. SLJY - Yearly Performance Comparison

	2026 (YTD)	2025
ISCMF iShares Diversified Commodity Swap UCITS ETF	22.87%	12.68%
SLJY Amplify SILJ Covered Call ETF	7.71%	43.38%

Correlation

The correlation between ISCMF and SLJY is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	-0.02

Return for Risk

ISCMF vs. SLJY — Risk / Return Rank

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

ISCMF

ISCMF Risk / Return Rank: 83
ISCMF Sharpe Ratio Rank: 61
ISCMF Sortino Ratio Rank: 83
ISCMF Omega Ratio Rank: 99
ISCMF Calmar Ratio Rank: 93
ISCMF Martin Ratio Rank: 80

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.

ISCMF vs. SLJY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Diversified Commodity Swap UCITS ETF (ISCMF) and Amplify SILJ Covered Call ETF (SLJY). 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.

	ISCMF	SLJY	Difference
Sharpe ratio: Return per unit of total volatility	2.05	—	—
Sortino ratio: Return per unit of downside risk	3.74	—	—
Omega ratio: Gain probability vs. loss probability	2.53	—	—
Calmar ratio: Return relative to maximum drawdown	6.69	—	—
Martin ratio: Return relative to average drawdown	15.68	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ISCMF	SLJY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	1.49	-1.04

Drawdowns

ISCMF vs. SLJY - Drawdown Comparison

The maximum ISCMF drawdown since its inception was -25.42%, smaller than the maximum SLJY drawdown of -30.60%. Use the drawdown chart below to compare losses from any high point for ISCMF and SLJY.

Drawdown Indicators

	ISCMF	SLJY	Difference
Max Drawdown Largest peak-to-trough decline	-25.42%	-30.60%	+5.18%
Max Drawdown (1Y) Largest decline over 1 year	-5.69%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.62%	—	—
Current Drawdown Current decline from peak	-5.26%	-21.65%	+16.39%
Average Drawdown Average peak-to-trough decline	-13.43%	-9.60%	-3.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	—	—

Volatility

Volatility by Period

	ISCMF	SLJY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.53%	49.59%	-31.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.38%	49.59%	-35.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.38%	49.59%	-35.21%

ISCMF vs. SLJY - Expense Ratio Comparison

ISCMF has a 0.19% expense ratio, which is lower than SLJY's 0.75% expense ratio.

Dividends

ISCMF vs. SLJY - Dividend Comparison

ISCMF has not paid dividends to shareholders, while SLJY's dividend yield for the trailing twelve months is around 16.71%.

Position	TTM	2025
ISCMF iShares Diversified Commodity Swap UCITS ETF	0.00%	0.00%
SLJY Amplify SILJ Covered Call ETF	16.71%	6.26%

Frequently Asked Questions

Can I hold both ISCMF and SLJY in my portfolio?

ISCMF and SLJY have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ISCMF or SLJY?

On fees, ISCMF is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ISCMF or SLJY?

ISCMF is cheaper with a 0.19% expense ratio, compared with 0.75% for SLJY.

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

SLJY has the higher dividend yield at 16.71%, compared with 0.00% for ISCMF.

What is the main difference between ISCMF and SLJY?

ISCMF is categorized as Commodities, while SLJY is Derivative Income. They also come from different issuers: iShares and Amplify. Their fees differ too: 0.19% for ISCMF and 0.75% for SLJY.