KNRG vs. ZSC

Last updated Jun 4, 2026

KNRG (Simplify Kayne Anderson Energy and Infrastructure Credit ETF) and ZSC (USCF Sustainable Commodity Strategy Fund) are both exchange-traded funds - KNRG is a Nontraditional Bonds fund actively managed by Simplify, while ZSC is a Commodities fund actively managed by USCF. Both are actively managed. Over the past year, KNRG returned 9.32% vs 36.39% for ZSC. At a correlation of -0.04, they often move in opposite directions. KNRG charges 0.76%/yr vs 0.59%/yr for ZSC.

Performance

KNRG vs. ZSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG) and USCF Sustainable Commodity Strategy Fund (ZSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KNRG achieves a 2.38% return, which is significantly lower than ZSC's 9.47% return.

KNRG

• 1D: -0.13%
• 1M: 0.47%
• YTD: 2.38%
• 6M: 2.49%
• 1Y: 9.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ZSC

• 1D: -0.63%
• 1M: 0.21%
• YTD: 9.47%
• 6M: 15.02%
• 1Y: 36.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KNRG vs. ZSC - Yearly Performance Comparison

	2026 (YTD)	2025
KNRG Simplify Kayne Anderson Energy and Infrastructure Credit ETF	2.38%	7.33%
ZSC USCF Sustainable Commodity Strategy Fund	9.47%	23.51%

Correlation

The correlation between KNRG and ZSC is -0.04, 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 (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (All Time) Calculated using the full available price history since May 29, 2025	-0.04

KNRG vs. ZSC - Sectors Allocation Comparison

Sectors	KNRG	ZSC
Utilities	100.0%	24.8%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	33.2%
Real Estate	-	-
Technology	-	42.0%

Return for Risk

KNRG vs. ZSC — Risk / Return Rank

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

KNRG

KNRG Risk / Return Rank: 82
KNRG Sharpe Ratio Rank: 83
KNRG Sortino Ratio Rank: 88
KNRG Omega Ratio Rank: 89
KNRG Calmar Ratio Rank: 70
KNRG Martin Ratio Rank: 82

ZSC

ZSC Risk / Return Rank: 84
ZSC Sharpe Ratio Rank: 87
ZSC Sortino Ratio Rank: 83
ZSC Omega Ratio Rank: 87
ZSC Calmar Ratio Rank: 86
ZSC Martin Ratio Rank: 77

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.

KNRG vs. ZSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG) and USCF Sustainable Commodity Strategy Fund (ZSC). 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.

	KNRG	ZSC	Difference
Sharpe ratio: Return per unit of total volatility	2.66	2.88	-0.22
Sortino ratio: Return per unit of downside risk	3.99	3.73	+0.26
Omega ratio: Gain probability vs. loss probability	1.56	1.54	+0.02
Calmar ratio: Return relative to maximum drawdown	3.46	4.76	-1.30
Martin ratio: Return relative to average drawdown	16.11	14.69	+1.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KNRG vs. ZSC - Sharpe Ratio Comparison

The current KNRG Sharpe Ratio is 2.66, which is comparable to the ZSC Sharpe Ratio of 2.88. The chart below compares the historical Sharpe Ratios of KNRG and ZSC, 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

	KNRG	ZSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.66	2.88	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	2.77	0.22	+2.56

Drawdowns

KNRG vs. ZSC - Drawdown Comparison

The maximum KNRG drawdown since its inception was -2.71%, smaller than the maximum ZSC drawdown of -26.49%. Use the drawdown chart below to compare losses from any high point for KNRG and ZSC.

Drawdown Indicators

	KNRG	ZSC	Difference
Max Drawdown Largest peak-to-trough decline	-2.71%	-26.49%	+23.78%
Max Drawdown (1Y) Largest decline over 1 year	-2.71%	-7.69%	+4.98%
Current Drawdown Current decline from peak	-0.13%	-2.71%	+2.58%
Average Drawdown Average peak-to-trough decline	-0.34%	-14.74%	+14.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.58%	2.48%	-1.90%

Volatility

KNRG vs. ZSC - Volatility Comparison

The current volatility for Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG) is 0.74%, while USCF Sustainable Commodity Strategy Fund (ZSC) has a volatility of 3.19%. This indicates that KNRG experiences smaller price fluctuations and is considered to be less risky than ZSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KNRG	ZSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.74%	3.19%	-2.45%
Volatility (6M) Calculated over the trailing 6-month period	2.17%	9.09%	-6.92%
Volatility (1Y) Calculated over the trailing 1-year period	3.54%	12.70%	-9.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.53%	12.24%	-8.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.53%	12.24%	-8.71%

KNRG vs. ZSC - Expense Ratio Comparison

KNRG has a 0.76% expense ratio, which is higher than ZSC's 0.59% expense ratio.

Dividends

KNRG vs. ZSC - Dividend Comparison

KNRG's dividend yield for the trailing twelve months is around 6.95%, more than ZSC's 1.60% yield.

Position	TTM	2025	2024	2023
KNRG Simplify Kayne Anderson Energy and Infrastructure Credit ETF	6.95%	4.22%	0.00%	0.00%
ZSC USCF Sustainable Commodity Strategy Fund	1.60%	1.75%	2.18%	1.40%

Frequently Asked Questions

Can I hold both KNRG and ZSC in my portfolio?

KNRG and ZSC have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KNRG or ZSC?

ZSC has higher volatility (3.19%) compared to KNRG (0.74%). In terms of maximum drawdown, KNRG dropped -2.71% vs ZSC's -26.49%.

Which ETF is better, KNRG or ZSC?

On 1-year performance, ZSC leads with 36.39% vs 9.32% for KNRG. On fees, ZSC is cheaper at 0.59% per year. On volatility, KNRG has been the lower-risk option at 0.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KNRG or ZSC?

Over the 1-year period, ZSC has performed better with a 36.39% return vs 9.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KNRG or ZSC?

ZSC is cheaper with a 0.59% expense ratio, compared with 0.76% for KNRG.

Which ETF pays a higher dividend yield, KNRG or ZSC?

KNRG has the higher dividend yield at 6.95%, compared with 1.60% for ZSC.

What is the main difference between KNRG and ZSC?

KNRG is categorized as Nontraditional Bonds, while ZSC is Commodities. They also come from different issuers: Simplify and USCF. Their fees differ too: 0.76% for KNRG and 0.59% for ZSC.

Which has better risk-adjusted returns?

ZSC currently has the higher Sharpe Ratio (2.88 vs 2.66), 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.