PIT vs. ZSB

Last updated Jun 25, 2026

PIT (VanEck Commodity Strategy ETF) and ZSB (USCF Sustainable Battery Metals Strategy Fund) are both exchange-traded funds - PIT is a Commodities fund actively managed by VanEck, while ZSB is a Lithium & Battery Metals fund tracking the S&P GSCI Electric Vehicle Meals Index. PIT is actively managed, while ZSB is passively managed. Over the past 3 years, PIT returned 18.03%/yr vs 1.10%/yr for ZSB. At a 0.30 correlation, their price movements are largely independent. PIT charges 0.55%/yr vs 0.59%/yr for ZSB.

Performance

PIT vs. ZSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Commodity Strategy ETF (PIT) and USCF Sustainable Battery Metals Strategy Fund (ZSB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PIT achieves a 22.64% return, which is significantly higher than ZSB's 1.95% return.

PIT

• 1D: -2.37%
• 1M: -13.88%
• YTD: 22.64%
• 6M: 20.86%
• 1Y: 39.22%
• 3Y*: 18.03%
• 5Y*: —
• 10Y*: —

ZSB

• 1D: -2.35%
• 1M: -10.01%
• YTD: 1.95%
• 6M: 2.81%
• 1Y: 55.33%
• 3Y*: 1.10%
• 5Y*: —
• 10Y*: —

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

PIT vs. ZSB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PIT VanEck Commodity Strategy ETF	22.64%	21.63%	6.77%	-0.37%
ZSB USCF Sustainable Battery Metals Strategy Fund	1.95%	64.34%	-19.70%	-31.38%

Correlation

The correlation between PIT and ZSB is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jan 11, 2023	0.30

Return for Risk

PIT vs. ZSB — Risk / Return Rank

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

PIT

PIT Risk / Return Rank: 59
PIT Sharpe Ratio Rank: 62
PIT Sortino Ratio Rank: 55
PIT Omega Ratio Rank: 60
PIT Calmar Ratio Rank: 52
PIT Martin Ratio Rank: 64

ZSB

ZSB Risk / Return Rank: 69
ZSB Sharpe Ratio Rank: 75
ZSB Sortino Ratio Rank: 63
ZSB Omega Ratio Rank: 76
ZSB Calmar Ratio Rank: 74
ZSB Martin Ratio Rank: 57

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.

PIT vs. ZSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Commodity Strategy ETF (PIT) and USCF Sustainable Battery Metals Strategy Fund (ZSB). 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.

	PIT	ZSB	Difference
Sharpe ratio: Return per unit of total volatility	1.83	2.09	-0.26
Sortino ratio: Return per unit of downside risk	2.37	2.55	-0.17
Omega ratio: Gain probability vs. loss probability	1.33	1.39	-0.06
Calmar ratio: Return relative to maximum drawdown	2.29	3.32	-1.03
Martin ratio: Return relative to average drawdown	10.32	8.77	+1.56

PIT vs. ZSB - Sharpe Ratio Comparison

The current PIT Sharpe Ratio is 1.83, which is comparable to the ZSB Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of PIT and ZSB, 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

PIT vs. ZSB - Drawdown Comparison

The maximum PIT drawdown since its inception was -17.20%, smaller than the maximum ZSB drawdown of -49.26%. Use the drawdown chart below to compare losses from any high point for PIT and ZSB.

Drawdown Indicators

	PIT	ZSB	Difference
Max Drawdown Largest peak-to-trough decline	-17.20%	-49.26%	+32.06%
Max Drawdown (1Y) Largest decline over 1 year	-17.20%	-16.75%	-0.45%
Max Drawdown (3Y) Largest decline over 3 years	-17.20%	-43.22%	+26.02%
Current Drawdown Current decline from peak	-17.20%	-14.04%	-3.16%
Average Drawdown Average peak-to-trough decline	-4.10%	-30.57%	+26.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.81%	6.33%	-2.52%

Volatility

PIT vs. ZSB - Volatility Comparison

The current volatility for VanEck Commodity Strategy ETF (PIT) is 5.04%, while USCF Sustainable Battery Metals Strategy Fund (ZSB) has a volatility of 5.91%. This indicates that PIT experiences smaller price fluctuations and is considered to be less risky than ZSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PIT	ZSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.04%	5.91%	-0.87%
Volatility (6M) Calculated over the trailing 6-month period	19.56%	22.43%	-2.87%
Volatility (1Y) Calculated over the trailing 1-year period	21.68%	26.63%	-4.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.54%	19.65%	-2.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.54%	19.65%	-2.11%

PIT vs. ZSB - Expense Ratio Comparison

PIT has a 0.55% expense ratio, which is lower than ZSB's 0.59% expense ratio.

Dividends

PIT vs. ZSB - Dividend Comparison

PIT's dividend yield for the trailing twelve months is around 7.27%, more than ZSB's 0.90% yield.

Position	TTM	2025	2024	2023
PIT VanEck Commodity Strategy ETF	7.27%	8.92%	3.59%	6.44%
ZSB USCF Sustainable Battery Metals Strategy Fund	0.90%	0.92%	2.96%	3.59%

Frequently Asked Questions

Can I hold both PIT and ZSB in my portfolio?

PIT and ZSB 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, PIT or ZSB?

ZSB has higher volatility (5.91%) compared to PIT (5.04%). In terms of maximum drawdown, PIT dropped -17.20% vs ZSB's -49.26%.

Which ETF is better, PIT or ZSB?

On 3-year performance, PIT leads with 18.03% vs 1.10% for ZSB. On fees, PIT is cheaper at 0.55% per year. On volatility, PIT has been the lower-risk option at 5.04%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PIT or ZSB?

Over the 3-year period, PIT has performed better with a 18.03% return vs 1.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PIT or ZSB?

PIT is cheaper with a 0.55% expense ratio, compared with 0.59% for ZSB.

Which ETF pays a higher dividend yield, PIT or ZSB?

PIT has the higher dividend yield at 7.27%, compared with 0.90% for ZSB.

What is the main difference between PIT and ZSB?

PIT is categorized as Commodities, while ZSB is Lithium & Battery Metals. They also come from different issuers: VanEck and USCF. Their fees differ too: 0.55% for PIT and 0.59% for ZSB.

Which has better risk-adjusted returns?

ZSB currently has the higher Sharpe Ratio (2.09 vs 1.83), 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.