REMX vs. ISCMF

Last updated Jun 3, 2026

REMX (VanEck Vectors Rare Earth/Strategic Metals ETF) and ISCMF (iShares Diversified Commodity Swap UCITS ETF) are both exchange-traded funds - REMX is a Materials fund tracking the MVIS Global Rare Earth/Strategic Metals Index, while ISCMF is a Commodities fund tracking the Bloomberg Commodity Index. Both are passively managed. Over the past 3 years, REMX returned 8.22%/yr vs 15.20%/yr for ISCMF. At a correlation of -0.02, they often move in opposite directions. REMX charges 0.59%/yr vs 0.19%/yr for ISCMF.

Performance

REMX vs. ISCMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) 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, REMX achieves a 38.23% return, which is significantly higher than ISCMF's 22.87% return.

REMX

• 1D: 2.75%
• 1M: -4.07%
• YTD: 38.23%
• 6M: 42.20%
• 1Y: 188.69%
• 3Y*: 8.22%
• 5Y*: 5.89%
• 10Y*: 10.56%

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)

REMX vs. ISCMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
REMX VanEck Vectors Rare Earth/Strategic Metals ETF	38.23%	92.95%	-35.02%	-19.18%	-26.30%
ISCMF iShares Diversified Commodity Swap UCITS ETF	22.87%	19.65%	3.13%	-9.58%	-5.08%

Correlation

The correlation between REMX and ISCMF is -0.13, 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	-0.13
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	-0.02

The correlation between REMX and ISCMF shifts across timeframes, from -0.13 (1 year) to -0.02 (all time), reflecting how their relationship changes across market environments.

Return for Risk

REMX vs. ISCMF — Risk / Return Rank

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

REMX

REMX Risk / Return Rank: 90
REMX Sharpe Ratio Rank: 95
REMX Sortino Ratio Rank: 86
REMX Omega Ratio Rank: 81
REMX Calmar Ratio Rank: 95
REMX Martin Ratio Rank: 92

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.

REMX vs. ISCMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) 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.

	REMX	ISCMF	Difference
Sharpe ratio Return per unit of total volatility	3.96	2.05	+1.91
Sortino ratio Return per unit of downside risk	3.88	3.74	+0.15
Omega ratio Gain probability vs. loss probability	1.49	2.53	-1.04
Calmar ratio Return relative to maximum drawdown	7.93	6.66	+1.28
Martin ratio Return relative to average drawdown	22.90	15.79	+7.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

REMX vs. ISCMF - Sharpe Ratio Comparison

The current REMX Sharpe Ratio is 3.96, which is higher than the ISCMF Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of REMX 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

	REMX	ISCMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.96	2.05	+1.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	0.45	-0.52

Drawdowns

REMX vs. ISCMF - Drawdown Comparison

The maximum REMX drawdown since its inception was -90.20%, which is greater than ISCMF's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for REMX and ISCMF.

Drawdown Indicators

	REMX	ISCMF	Difference
Max Drawdown Largest peak-to-trough decline	-90.20%	-25.42%	-64.78%
Max Drawdown (1Y) Largest decline over 1 year	-23.35%	-5.69%	-17.66%
Max Drawdown (3Y) Largest decline over 3 years	-62.11%	-7.62%	-54.49%
Max Drawdown (5Y) Largest decline over 5 years	-73.34%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-73.34%	—	—
Current Drawdown Current decline from peak	-53.21%	-5.26%	-47.95%
Average Drawdown Average peak-to-trough decline	-66.87%	-13.44%	-53.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.09%	2.40%	+5.69%

Volatility

REMX vs. ISCMF - Volatility Comparison

VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) has a higher volatility of 13.13% compared to iShares Diversified Commodity Swap UCITS ETF (ISCMF) at 7.14%. This indicates that REMX's price experiences larger fluctuations and is considered to be riskier than ISCMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REMX	ISCMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.13%	7.14%	+5.99%
Volatility (6M) Calculated over the trailing 6-month period	34.60%	15.90%	+18.70%
Volatility (1Y) Calculated over the trailing 1-year period	47.95%	18.53%	+29.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.21%	14.38%	+25.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.92%	14.38%	+22.54%

REMX vs. ISCMF - Expense Ratio Comparison

REMX has a 0.59% expense ratio, which is higher than ISCMF's 0.19% expense ratio.

Dividends

REMX vs. ISCMF - Dividend Comparison

REMX's dividend yield for the trailing twelve months is around 1.27%, 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%
REMX VanEck Vectors Rare Earth/Strategic Metals ETF	1.27%	1.76%	2.56%	0.00%	1.56%	5.25%	0.81%	1.64%	12.43%	2.89%	2.23%	4.77%

Frequently Asked Questions

Can I hold both REMX and ISCMF in my portfolio?

REMX and ISCMF have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REMX or ISCMF?

REMX has higher volatility (13.13%) compared to ISCMF (7.14%). In terms of maximum drawdown, REMX dropped -90.20% vs ISCMF's -25.42%.

Which ETF is better, REMX or ISCMF?

On 3-year performance, ISCMF leads with 15.20% vs 8.22% for REMX. On fees, ISCMF is cheaper at 0.19% per year. On volatility, ISCMF has been the lower-risk option at 7.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, REMX or ISCMF?

Over the 3-year period, ISCMF has performed better with a 15.20% return vs 8.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, REMX or ISCMF?

ISCMF is cheaper with a 0.19% expense ratio, compared with 0.59% for REMX.

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

REMX has the higher dividend yield at 1.27%, compared with 0.00% for ISCMF.

What is the main difference between REMX and ISCMF?

REMX is categorized as Materials, while ISCMF is Commodities. REMX tracks MVIS Global Rare Earth/Strategic Metals Index, while ISCMF tracks Bloomberg Commodity Index. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.59% for REMX and 0.19% for ISCMF.

Which has better risk-adjusted returns?

REMX currently has the higher Sharpe Ratio (3.96 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.