LSAF vs. COMT

Last updated Jun 5, 2026

LSAF (LeaderShares AlphaFactor US Core Equity ETF) and COMT (iShares Commodities Select Strategy ETF) are both exchange-traded funds - LSAF is a Mid Cap Blend Equities fund tracking the AlphaFactor US Core Equity Index, while COMT is a Commodities fund actively managed by iShares. LSAF is passively managed, while COMT is actively managed. Over the past 5 years, LSAF returned 9.96%/yr vs 13.14%/yr for COMT. At a 0.27 correlation, their price movements are largely independent. LSAF charges 0.75%/yr vs 0.48%/yr for COMT.

Performance

LSAF vs. COMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LeaderShares AlphaFactor US Core Equity ETF (LSAF) and iShares Commodities Select Strategy ETF (COMT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LSAF achieves a 13.16% return, which is significantly lower than COMT's 37.50% return.

LSAF

• 1D: 0.59%
• 1M: 3.77%
• YTD: 13.16%
• 6M: 13.93%
• 1Y: 24.96%
• 3Y*: 20.36%
• 5Y*: 9.96%
• 10Y*: —

COMT

• 1D: -1.55%
• 1M: -5.00%
• YTD: 37.50%
• 6M: 36.36%
• 1Y: 45.51%
• 3Y*: 16.18%
• 5Y*: 13.14%
• 10Y*: 8.79%

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

LSAF vs. COMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
LSAF LeaderShares AlphaFactor US Core Equity ETF	13.16%	12.01%	18.09%	15.48%	-13.12%	22.75%	6.92%	28.35%	-15.47%
COMT iShares Commodities Select Strategy ETF	37.50%	6.07%	5.96%	-6.56%	19.45%	36.88%	-18.66%	10.81%	-15.48%

Correlation

The correlation between LSAF and COMT is -0.22, 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	-0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (All Time) Calculated using the full available price history since Oct 3, 2018	0.27

The correlation between LSAF and COMT shifts across timeframes, from -0.22 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.

LSAF vs. COMT - Sectors Allocation Comparison

Sectors	LSAF	COMT
Consumer Cyclical	22.5%	-
Financial Services	17.2%	100.0%
Technology	16.4%	-
Industrials	15.4%	-
Healthcare	9.3%	-
Consumer Defensive	7.3%	-
Energy	5.6%	-
Basic Materials	3.1%	-
Real Estate	2.2%	-
Communication Services	1.0%	-
Utilities	0.9%	-

Return for Risk

LSAF vs. COMT — Risk / Return Rank

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

LSAF

LSAF Risk / Return Rank: 60
LSAF Sharpe Ratio Rank: 52
LSAF Sortino Ratio Rank: 54
LSAF Omega Ratio Rank: 48
LSAF Calmar Ratio Rank: 76
LSAF Martin Ratio Rank: 68

COMT

COMT Risk / Return Rank: 70
COMT Sharpe Ratio Rank: 65
COMT Sortino Ratio Rank: 60
COMT Omega Ratio Rank: 64
COMT Calmar Ratio Rank: 91
COMT Martin Ratio Rank: 73

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.

LSAF vs. COMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LeaderShares AlphaFactor US Core Equity ETF (LSAF) and iShares Commodities Select Strategy ETF (COMT). 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.

	LSAF	COMT	Difference
Sharpe ratio: Return per unit of total volatility	1.74	2.14	-0.40
Sortino ratio: Return per unit of downside risk	2.57	2.77	-0.21
Omega ratio: Gain probability vs. loss probability	1.30	1.38	-0.08
Calmar ratio: Return relative to maximum drawdown	3.81	5.70	-1.89
Martin ratio: Return relative to average drawdown	12.46	13.42	-0.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LSAF vs. COMT - Sharpe Ratio Comparison

The current LSAF Sharpe Ratio is 1.74, which is comparable to the COMT Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of LSAF and COMT, 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

	LSAF	COMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.74	2.14	-0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.63	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.20	+0.28

Drawdowns

LSAF vs. COMT - Drawdown Comparison

The maximum LSAF drawdown since its inception was -41.67%, smaller than the maximum COMT drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for LSAF and COMT.

Drawdown Indicators

	LSAF	COMT	Difference
Max Drawdown Largest peak-to-trough decline	-41.67%	-51.89%	+10.22%
Max Drawdown (1Y) Largest decline over 1 year	-6.58%	-8.02%	+1.44%
Max Drawdown (3Y) Largest decline over 3 years	-20.26%	-13.31%	-6.95%
Max Drawdown (5Y) Largest decline over 5 years	-24.94%	-29.00%	+4.06%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.22%	—
Current Drawdown Current decline from peak	0.00%	-6.30%	+6.30%
Average Drawdown Average peak-to-trough decline	-6.32%	-24.06%	+17.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	3.40%	-1.39%

Volatility

LSAF vs. COMT - Volatility Comparison

The current volatility for LeaderShares AlphaFactor US Core Equity ETF (LSAF) is 3.69%, while iShares Commodities Select Strategy ETF (COMT) has a volatility of 7.46%. This indicates that LSAF experiences smaller price fluctuations and is considered to be less risky than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSAF	COMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.69%	7.46%	-3.77%
Volatility (6M) Calculated over the trailing 6-month period	10.28%	18.88%	-8.60%
Volatility (1Y) Calculated over the trailing 1-year period	14.40%	21.36%	-6.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.39%	21.07%	-2.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.87%	18.89%	+2.98%

LSAF vs. COMT - Expense Ratio Comparison

LSAF has a 0.75% expense ratio, which is higher than COMT's 0.48% expense ratio.

Dividends

LSAF vs. COMT - Dividend Comparison

LSAF's dividend yield for the trailing twelve months is around 0.61%, less than COMT's 5.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COMT iShares Commodities Select Strategy ETF	5.63%	7.74%	4.90%	5.19%	29.79%	17.79%	0.36%	2.61%	11.65%	5.16%	0.52%	1.44%
LSAF LeaderShares AlphaFactor US Core Equity ETF	0.61%	0.69%	0.42%	0.84%	0.96%	0.37%	0.53%	0.71%	0.20%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LSAF and COMT in my portfolio?

LSAF and COMT have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LSAF or COMT?

COMT has higher volatility (7.46%) compared to LSAF (3.69%). In terms of maximum drawdown, LSAF dropped -41.67% vs COMT's -51.89%.

Which ETF is better, LSAF or COMT?

On 5-year performance, COMT leads with 13.14% vs 9.96% for LSAF. On fees, COMT is cheaper at 0.48% per year. On volatility, LSAF has been the lower-risk option at 3.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LSAF or COMT?

Over the 5-year period, COMT has performed better with a 13.14% return vs 9.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LSAF or COMT?

COMT is cheaper with a 0.48% expense ratio, compared with 0.75% for LSAF.

Which ETF pays a higher dividend yield, LSAF or COMT?

COMT has the higher dividend yield at 5.63%, compared with 0.61% for LSAF.

What is the main difference between LSAF and COMT?

LSAF is categorized as Mid Cap Blend Equities, while COMT is Commodities. They also come from different issuers: Redwood and iShares. Their fees differ too: 0.75% for LSAF and 0.48% for COMT.

Which has better risk-adjusted returns?

COMT currently has the higher Sharpe Ratio (2.14 vs 1.74), 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.