SCRD vs. COMT
SCRD (Janus Henderson Corporate Bond ETF) and COMT (iShares GSCI Commodity Dynamic Roll Strategy ETF) are both exchange-traded funds - SCRD is a Corporate Bonds fund actively managed by Janus Henderson, while COMT is a Commodities fund tracking the S&P GSCI Dynamic Roll (USD) Total Return Index. SCRD is actively managed, while COMT is passively managed. Over the past 3 years, SCRD returned 5.65%/yr vs 12.01%/yr for COMT. At a correlation of -0.10, they often move in opposite directions. SCRD charges 0.35%/yr vs 0.48%/yr for COMT.
Performance
SCRD vs. COMT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCRD achieves a 0.56% return, which is significantly lower than COMT's 23.88% return.
SCRD
- 1D
- 0.02%
- 1M
- 0.92%
- YTD
- 0.56%
- 6M
- 0.72%
- 1Y
- 5.33%
- 3Y*
- 5.65%
- 5Y*
- —
- 10Y*
- —
COMT
- 1D
- -0.93%
- 1M
- -11.91%
- YTD
- 23.88%
- 6M
- 22.75%
- 1Y
- 25.27%
- 3Y*
- 12.01%
- 5Y*
- 10.76%
- 10Y*
- 7.96%
SCRD vs. COMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SCRD Janus Henderson Corporate Bond ETF | 0.56% | 7.77% | 3.21% | 8.76% | -15.99% | -1.00% |
COMT iShares GSCI Commodity Dynamic Roll Strategy ETF | 23.88% | 6.07% | 5.96% | -6.56% | 19.45% | 6.15% |
Correlation
The correlation between SCRD and COMT is -0.37, 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 | -0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2021 | -0.10 |
Over the past year, the inverse relationship between SCRD and COMT has strengthened: their correlation has moved from -0.10 to -0.37, meaning they now move in opposite directions more often than their long-term average.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SCRD vs. COMT — Risk / Return Rank
SCRD
COMT
SCRD vs. COMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Corporate Bond ETF (SCRD) 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.
| SCRD | COMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.22 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 1.63 | +0.24 |
| Martin ratioReturn relative to average drawdown | 6.33 | 6.99 | -0.65 |
Loading charts...
Drawdowns
SCRD vs. COMT - Drawdown Comparison
The maximum SCRD drawdown since its inception was -21.17%, smaller than the maximum COMT drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for SCRD and COMT.
Loading charts...
Drawdown Indicators
| SCRD | COMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.17% | -51.89% | +30.72% |
Max Drawdown (1Y)Largest decline over 1 year | -2.87% | -15.58% | +12.71% |
Max Drawdown (3Y)Largest decline over 3 years | -6.84% | -15.58% | +8.74% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.00% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.22% | — |
Current DrawdownCurrent decline from peak | -0.66% | -15.58% | +14.92% |
Average DrawdownAverage peak-to-trough decline | -8.68% | -24.00% | +15.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 3.65% | -2.81% |
Volatility
SCRD vs. COMT - Volatility Comparison
The current volatility for Janus Henderson Corporate Bond ETF (SCRD) is 0.93%, while iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) has a volatility of 5.02%. This indicates that SCRD experiences smaller price fluctuations and is considered to be less risky than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SCRD | COMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.93% | 5.02% | -4.09% |
Volatility (6M)Calculated over the trailing 6-month period | 2.81% | 19.24% | -16.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.78% | 21.45% | -17.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.29% | 21.13% | -14.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.29% | 18.86% | -12.57% |
SCRD vs. COMT - Expense Ratio Comparison
SCRD has a 0.35% expense ratio, which is lower than COMT's 0.48% expense ratio.
Dividends
SCRD vs. COMT - Dividend Comparison
SCRD's dividend yield for the trailing twelve months is around 5.43%, less than COMT's 6.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMT iShares GSCI Commodity Dynamic Roll Strategy ETF | 6.25% | 7.74% | 4.90% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% |
SCRD Janus Henderson Corporate Bond ETF | 5.43% | 5.28% | 5.36% | 3.99% | 2.77% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SCRD and COMT have a correlation of -0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COMT has higher volatility (5.02%) compared to SCRD (0.93%). In terms of maximum drawdown, SCRD dropped -21.17% vs COMT's -51.89%.
On 3-year performance, COMT leads with 12.01% vs 5.65% for SCRD. On fees, SCRD is cheaper at 0.35% per year. On volatility, SCRD has been the lower-risk option at 0.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, COMT has performed better with a 12.01% return vs 5.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCRD is cheaper with a 0.35% expense ratio, compared with 0.48% for COMT.
COMT has the higher dividend yield at 6.25%, compared with 5.43% for SCRD.
SCRD is categorized as Corporate Bonds, while COMT is Commodities. They also come from different issuers: Janus Henderson and iShares. Their fees differ too: 0.35% for SCRD and 0.48% for COMT.
SCRD currently has the higher Sharpe Ratio (1.42 vs 1.20), 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.
Find the right allocation for SCRD and COMT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer