RDIV vs. ISCMF

Last updated Jun 3, 2026

RDIV (Invesco S&P Ultra Dividend Revenue ETF) and ISCMF (iShares Diversified Commodity Swap UCITS ETF) are both exchange-traded funds - RDIV is a Mid Cap Value Equities fund tracking the S&P 900 Dividend Revenue-Weighted Index, while ISCMF is a Commodities fund tracking the Bloomberg Commodity Index. Both are passively managed. Over the past 3 years, RDIV returned 19.79%/yr vs 15.20%/yr for ISCMF. At a correlation of -0.01, they often move in opposite directions. RDIV charges 0.39%/yr vs 0.19%/yr for ISCMF.

Performance

RDIV vs. ISCMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P Ultra Dividend Revenue ETF (RDIV) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDIV achieves a 13.43% return, which is significantly lower than ISCMF's 22.87% return.

RDIV

• 1D: 0.14%
• 1M: 2.82%
• YTD: 13.43%
• 6M: 12.91%
• 1Y: 29.73%
• 3Y*: 19.79%
• 5Y*: 10.41%
• 10Y*: 11.09%

ISCMF

• 1D: 0.00%
• 1M: -0.67%
• YTD: 22.87%
• 6M: 27.76%
• 1Y: 37.85%
• 3Y*: 15.20%
• 5Y*: —
• 10Y*: —

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

RDIV vs. ISCMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
RDIV Invesco S&P Ultra Dividend Revenue ETF	13.43%	12.36%	15.17%	4.66%	4.68%
ISCMF iShares Diversified Commodity Swap UCITS ETF	22.87%	19.65%	3.13%	-9.58%	-5.08%

Correlation

The correlation between RDIV and ISCMF is -0.08, 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	-0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022	-0.01

Return for Risk

RDIV vs. ISCMF — Risk / Return Rank

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

RDIV

RDIV Risk / Return Rank: 77
RDIV Sharpe Ratio Rank: 68
RDIV Sortino Ratio Rank: 74
RDIV Omega Ratio Rank: 65
RDIV Calmar Ratio Rank: 92
RDIV Martin Ratio Rank: 85

ISCMF

ISCMF Risk / Return Rank: 82
ISCMF Sharpe Ratio Rank: 60
ISCMF Sortino Ratio Rank: 82
ISCMF Omega Ratio Rank: 99
ISCMF Calmar Ratio Rank: 93
ISCMF Martin Ratio Rank: 79

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.

RDIV vs. ISCMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Ultra Dividend Revenue ETF (RDIV) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). 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.

	RDIV	ISCMF	Difference
Sharpe ratio Return per unit of total volatility	2.27	2.05	+0.22
Sortino ratio Return per unit of downside risk	3.38	3.74	-0.36
Omega ratio Gain probability vs. loss probability	1.40	2.53	-1.13
Calmar ratio Return relative to maximum drawdown	6.12	6.66	-0.54
Martin ratio Return relative to average drawdown	18.06	15.79	+2.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RDIV vs. ISCMF - Sharpe Ratio Comparison

The current RDIV Sharpe Ratio is 2.27, which is comparable to the ISCMF Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of RDIV and ISCMF, 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

	RDIV	ISCMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.27	2.05	+0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.45	+0.10

Drawdowns

RDIV vs. ISCMF - Drawdown Comparison

The maximum RDIV drawdown since its inception was -49.97%, which is greater than ISCMF's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for RDIV and ISCMF.

Drawdown Indicators

	RDIV	ISCMF	Difference
Max Drawdown Largest peak-to-trough decline	-49.97%	-25.42%	-24.55%
Max Drawdown (1Y) Largest decline over 1 year	-4.84%	-5.69%	+0.85%
Max Drawdown (3Y) Largest decline over 3 years	-17.91%	-7.62%	-10.29%
Max Drawdown (5Y) Largest decline over 5 years	-24.89%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-49.97%	—	—
Current Drawdown Current decline from peak	-0.36%	-5.26%	+4.90%
Average Drawdown Average peak-to-trough decline	-5.86%	-13.44%	+7.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	2.40%	-0.76%

Volatility

RDIV vs. ISCMF - Volatility Comparison

The current volatility for Invesco S&P Ultra Dividend Revenue ETF (RDIV) is 3.28%, while iShares Diversified Commodity Swap UCITS ETF (ISCMF) has a volatility of 7.14%. This indicates that RDIV experiences smaller price fluctuations and is considered to be less risky than ISCMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDIV	ISCMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	7.14%	-3.86%
Volatility (6M) Calculated over the trailing 6-month period	8.50%	15.90%	-7.40%
Volatility (1Y) Calculated over the trailing 1-year period	13.16%	18.53%	-5.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.52%	14.38%	+3.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.89%	14.38%	+7.51%

RDIV vs. ISCMF - Expense Ratio Comparison

RDIV has a 0.39% expense ratio, which is higher than ISCMF's 0.19% expense ratio.

Dividends

RDIV vs. ISCMF - Dividend Comparison

RDIV's dividend yield for the trailing twelve months is around 3.61%, while ISCMF has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ISCMF iShares Diversified Commodity Swap UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RDIV Invesco S&P Ultra Dividend Revenue ETF	3.61%	3.94%	4.08%	3.93%	3.44%	3.31%	4.93%	3.84%	4.32%	4.26%	2.20%	4.49%

Frequently Asked Questions

Can I hold both RDIV and ISCMF in my portfolio?

RDIV and ISCMF have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDIV or ISCMF?

ISCMF has higher volatility (7.14%) compared to RDIV (3.28%). In terms of maximum drawdown, RDIV dropped -49.97% vs ISCMF's -25.42%.

Which ETF is better, RDIV or ISCMF?

On 3-year performance, RDIV leads with 19.79% vs 15.20% for ISCMF. On fees, ISCMF is cheaper at 0.19% per year. On volatility, RDIV has been the lower-risk option at 3.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDIV or ISCMF?

Over the 3-year period, RDIV has performed better with a 19.79% return vs 15.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDIV or ISCMF?

ISCMF is cheaper with a 0.19% expense ratio, compared with 0.39% for RDIV.

Which ETF pays a higher dividend yield, RDIV or ISCMF?

RDIV has the higher dividend yield at 3.61%, compared with 0.00% for ISCMF.

What is the main difference between RDIV and ISCMF?

RDIV is categorized as Mid Cap Value Equities, while ISCMF is Commodities. RDIV tracks S&P 900 Dividend Revenue-Weighted Index, while ISCMF tracks Bloomberg Commodity Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.39% for RDIV and 0.19% for ISCMF.

Which has better risk-adjusted returns?

RDIV currently has the higher Sharpe Ratio (2.27 vs 2.05), 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.