OXLCP vs. SDCI

Last updated Jun 23, 2026

OXLCP (Oxford Lane Capital Corp.) is a stock, while SDCI (USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund) is Commodities fund tracking the SummerHaven Dynamic Commodity Index Total Return. Over the past 5 years, OXLCP returned 6.57%/yr vs 19.43%/yr for SDCI. At a 0.04 correlation, their price movements are largely independent.

Performance

OXLCP vs. SDCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oxford Lane Capital Corp. (OXLCP) and USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OXLCP achieves a 4.37% return, which is significantly lower than SDCI's 20.29% return.

OXLCP

• 1D: 0.00%
• 1M: 0.16%
• YTD: 4.37%
• 6M: 4.16%
• 1Y: 9.33%
• 3Y*: 10.04%
• 5Y*: 6.57%
• 10Y*: —

SDCI

• 1D: -0.08%
• 1M: -6.85%
• YTD: 20.29%
• 6M: 18.15%
• 1Y: 22.52%
• 3Y*: 20.41%
• 5Y*: 19.43%
• 10Y*: —

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

OXLCP vs. SDCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
OXLCP Oxford Lane Capital Corp.	4.37%	9.04%	12.26%	8.13%	-4.30%	17.17%	-1.14%
SDCI USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund	20.29%	17.60%	17.91%	-0.88%	33.23%	36.52%	-0.61%

Correlation

The correlation between OXLCP and SDCI 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 (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.02
Correlation (All Time) Calculated using the full available price history since Feb 6, 2020	0.04

Return for Risk

OXLCP vs. SDCI — Risk / Return Rank

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

OXLCP

OXLCP Risk / Return Rank: 95
OXLCP Sharpe Ratio Rank: 92
OXLCP Sortino Ratio Rank: 94
OXLCP Omega Ratio Rank: 95
OXLCP Calmar Ratio Rank: 97
OXLCP Martin Ratio Rank: 98

SDCI

SDCI Risk / Return Rank: 42
SDCI Sharpe Ratio Rank: 39
SDCI Sortino Ratio Rank: 36
SDCI Omega Ratio Rank: 35
SDCI Calmar Ratio Rank: 49
SDCI Martin Ratio Rank: 49

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.

OXLCP vs. SDCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oxford Lane Capital Corp. (OXLCP) and USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	OXLCP	SDCI	Difference
Sharpe ratio: Return per unit of total volatility	2.48	1.34	+1.14
Sortino ratio: Return per unit of downside risk	3.85	1.84	+2.01
Omega ratio: Gain probability vs. loss probability	1.54	1.23	+0.31
Calmar ratio: Return relative to maximum drawdown	9.65	2.37	+7.28
Martin ratio: Return relative to average drawdown	28.34	7.98	+20.36

OXLCP vs. SDCI - Sharpe Ratio Comparison

The current OXLCP Sharpe Ratio is 2.48, which is higher than the SDCI Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of OXLCP and SDCI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OXLCP vs. SDCI - Drawdown Comparison

The maximum OXLCP drawdown since its inception was -49.79%, which is greater than SDCI's maximum drawdown of -45.79%. Use the drawdown chart below to compare losses from any high point for OXLCP and SDCI.

Drawdown Indicators

	OXLCP	SDCI	Difference
Max Drawdown Largest peak-to-trough decline	-49.79%	-45.79%	-4.00%
Max Drawdown (1Y) Largest decline over 1 year	-0.97%	-9.53%	+8.56%
Max Drawdown (3Y) Largest decline over 3 years	-1.90%	-11.96%	+10.06%
Max Drawdown (5Y) Largest decline over 5 years	-11.72%	-18.55%	+6.83%
Current Drawdown Current decline from peak	-0.25%	-9.53%	+9.28%
Average Drawdown Average peak-to-trough decline	-2.39%	-11.55%	+9.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.33%	2.93%	-2.60%

Volatility

OXLCP vs. SDCI - Volatility Comparison

The current volatility for Oxford Lane Capital Corp. (OXLCP) is 0.35%, while USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) has a volatility of 3.15%. This indicates that OXLCP experiences smaller price fluctuations and is considered to be less risky than SDCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OXLCP	SDCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.35%	3.15%	-2.80%
Volatility (6M) Calculated over the trailing 6-month period	2.43%	14.31%	-11.88%
Volatility (1Y) Calculated over the trailing 1-year period	3.78%	16.94%	-13.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.32%	18.37%	-10.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.01%	17.06%	+7.95%

Dividends

OXLCP vs. SDCI - Dividend Comparison

OXLCP's dividend yield for the trailing twelve months is around 5.73%, more than SDCI's 3.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
OXLCP Oxford Lane Capital Corp.	5.73%	6.35%	6.49%	6.82%	6.89%	6.18%	6.02%	0.00%	0.00%
SDCI USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund	3.06%	3.68%	5.92%	3.46%	33.49%	19.26%	0.20%	0.93%	0.68%

Frequently Asked Questions

Can I hold both OXLCP and SDCI in my portfolio?

OXLCP and SDCI 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, OXLCP or SDCI?

SDCI has higher volatility (3.15%) compared to OXLCP (0.35%). In terms of maximum drawdown, OXLCP dropped -49.79% vs SDCI's -45.79%.

Which has better risk-adjusted returns?

OXLCP currently has the higher Sharpe Ratio (2.48 vs 1.34), 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.