PCHI vs. COMT

Last updated Jun 27, 2026

PCHI (Polen High Income ETF) and COMT (iShares GSCI Commodity Dynamic Roll Strategy ETF) are both exchange-traded funds - PCHI is a High Yield Bonds fund actively managed by Polen Capital, while COMT is a Commodities fund tracking the S&P GSCI Dynamic Roll (USD) Total Return Index. PCHI is actively managed, while COMT is passively managed. Over the past year, PCHI returned -2.38% vs 25.72% for COMT. At a correlation of -0.07, they often move in opposite directions. PCHI charges 0.56%/yr vs 0.48%/yr for COMT.

Performance

PCHI vs. COMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Polen High Income ETF (PCHI) and iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PCHI achieves a -4.47% return, which is significantly lower than COMT's 21.33% return.

PCHI

• 1D: -5.60%
• 1M: -5.53%
• YTD: -4.47%
• 6M: -4.18%
• 1Y: -2.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COMT

• 1D: -1.44%
• 1M: -10.50%
• YTD: 21.33%
• 6M: 20.82%
• 1Y: 25.72%
• 3Y*: 11.69%
• 5Y*: 10.30%
• 10Y*: 7.65%

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

PCHI vs. COMT - Yearly Performance Comparison

	2026 (YTD)	2025
PCHI Polen High Income ETF	-4.47%	5.19%
COMT iShares GSCI Commodity Dynamic Roll Strategy ETF	21.33%	2.78%

Correlation

The correlation between PCHI and COMT is -0.15, 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	-0.15
Correlation (All Time) Calculated using the full available price history since Mar 25, 2025	-0.07

Return for Risk

PCHI vs. COMT — Risk / Return Rank

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

PCHI

PCHI Risk / Return Rank: 5
PCHI Sharpe Ratio Rank: 7
PCHI Sortino Ratio Rank: 6
PCHI Omega Ratio Rank: 5
PCHI Calmar Ratio Rank: 6
PCHI Martin Ratio Rank: 0

COMT

COMT Risk / Return Rank: 36
COMT Sharpe Ratio Rank: 37
COMT Sortino Ratio Rank: 35
COMT Omega Ratio Rank: 36
COMT Calmar Ratio Rank: 31
COMT Martin Ratio Rank: 43

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.

PCHI vs. COMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Polen High Income ETF (PCHI) and iShares GSCI Commodity Dynamic Roll 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.

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.

	PCHI	COMT	Difference
Sharpe ratio: Return per unit of total volatility	-0.32	1.22	-1.54
Sortino ratio: Return per unit of downside risk	-0.33	1.73	-2.06
Omega ratio: Gain probability vs. loss probability	0.93	1.22	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.37	1.47	-1.84
Martin ratio: Return relative to average drawdown	-2.21	6.33	-8.54

PCHI vs. COMT - Sharpe Ratio Comparison

The current PCHI Sharpe Ratio is -0.32, which is lower than the COMT Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of PCHI 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.

Drawdowns

PCHI vs. COMT - Drawdown Comparison

The maximum PCHI drawdown since its inception was -6.41%, smaller than the maximum COMT drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for PCHI and COMT.

Drawdown Indicators

	PCHI	COMT	Difference
Max Drawdown Largest peak-to-trough decline	-6.41%	-51.89%	+45.48%
Max Drawdown (1Y) Largest decline over 1 year	-6.41%	-17.57%	+11.16%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.00%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.22%	—
Current Drawdown Current decline from peak	-6.41%	-17.31%	+10.90%
Average Drawdown Average peak-to-trough decline	-0.82%	-24.00%	+23.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.08%	4.07%	-2.99%

Volatility

PCHI vs. COMT - Volatility Comparison

Polen High Income ETF (PCHI) has a higher volatility of 6.12% compared to iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) at 5.65%. This indicates that PCHI's price experiences larger fluctuations and is considered to be riskier than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PCHI	COMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.12%	5.65%	+0.47%
Volatility (6M) Calculated over the trailing 6-month period	6.81%	19.49%	-12.68%
Volatility (1Y) Calculated over the trailing 1-year period	7.45%	21.25%	-13.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.34%	21.17%	-13.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.34%	18.88%	-11.54%

PCHI vs. COMT - Expense Ratio Comparison

PCHI has a 0.56% expense ratio, which is higher than COMT's 0.48% expense ratio.

Dividends

PCHI vs. COMT - Dividend Comparison

PCHI's dividend yield for the trailing twelve months is around 8.47%, more than COMT's 6.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COMT iShares GSCI Commodity Dynamic Roll Strategy ETF	6.38%	7.74%	4.90%	5.19%	29.79%	17.79%	0.36%	2.61%	11.65%	5.16%	0.52%	1.44%
PCHI Polen High Income ETF	8.47%	5.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PCHI and COMT in my portfolio?

PCHI and COMT have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PCHI or COMT?

PCHI has higher volatility (6.12%) compared to COMT (5.65%). In terms of maximum drawdown, PCHI dropped -6.41% vs COMT's -51.89%.

Which ETF is better, PCHI or COMT?

On 1-year performance, COMT leads with 25.72% vs -2.38% for PCHI. On fees, COMT is cheaper at 0.48% per year. On volatility, COMT has been the lower-risk option at 5.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PCHI or COMT?

Over the 1-year period, COMT has performed better with a 25.72% return vs -2.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PCHI or COMT?

COMT is cheaper with a 0.48% expense ratio, compared with 0.56% for PCHI.

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

PCHI has the higher dividend yield at 8.47%, compared with 6.38% for COMT.

What is the main difference between PCHI and COMT?

PCHI is categorized as High Yield Bonds, while COMT is Commodities. They also come from different issuers: Polen Capital and iShares. Their fees differ too: 0.56% for PCHI and 0.48% for COMT.

Which has better risk-adjusted returns?

COMT currently has the higher Sharpe Ratio (1.22 vs -0.32), 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.