SDCI vs. COMB

Last updated Apr 2, 2026

Compare and contrast key facts about USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) and GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB).

SDCI and COMB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SDCI is an actively managed fund by Wainwright, Inc.. It was launched on May 3, 2018. COMB is an actively managed fund by GraniteShares. It was launched on May 22, 2017.

Performance

SDCI vs. COMB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) and GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB). The values are adjusted to include any dividend payments, if applicable.

SDCI vs. COMB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SDCI USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund	22.70%	17.60%	17.91%	-0.88%	33.23%	36.52%	-10.61%	-2.36%	-13.91%
COMB GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF	23.16%	15.12%	5.24%	-7.75%	14.56%	26.34%	-2.95%	7.02%	-13.40%

Returns By Period

The year-to-date returns for both investments are quite close, with SDCI having a 22.70% return and COMB slightly higher at 23.16%.

SDCI

• 1D: -0.77%
• 1M: 9.08%
• YTD: 22.70%
• 6M: 21.72%
• 1Y: 29.96%
• 3Y*: 21.13%
• 5Y*: 22.45%
• 10Y*: —

COMB

• 1D: -1.01%
• 1M: 7.93%
• YTD: 23.16%
• 6M: 29.16%
• 1Y: 30.35%
• 3Y*: 13.36%
• 5Y*: 13.26%
• 10Y*: —

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

SDCI vs. COMB - Expense Ratio Comparison

SDCI has a 0.70% expense ratio, which is higher than COMB's 0.25% expense ratio.

SDCI

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund

COMB

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

Return for Risk

SDCI vs. COMB — Risk / Return Rank

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

SDCI

SDCI Risk / Return Rank: 80
SDCI Sharpe Ratio Rank: 82
SDCI Sortino Ratio Rank: 80
SDCI Omega Ratio Rank: 73
SDCI Calmar Ratio Rank: 85
SDCI Martin Ratio Rank: 79

COMB

COMB Risk / Return Rank: 84
COMB Sharpe Ratio Rank: 85
COMB Sortino Ratio Rank: 85
COMB Omega Ratio Rank: 82
COMB Calmar Ratio Rank: 91
COMB 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.

SDCI vs. COMB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) and GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB). 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.

	SDCI	COMB	Difference
Sharpe ratio Return per unit of total volatility	1.65	1.77	-0.13
Sortino ratio Return per unit of downside risk	2.16	2.34	-0.19
Omega ratio Gain probability vs. loss probability	1.28	1.33	-0.05
Calmar ratio Return relative to maximum drawdown	2.68	3.30	-0.62
Martin ratio Return relative to average drawdown	9.09	9.08	+0.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDCI vs. COMB - Sharpe Ratio Comparison

The current SDCI Sharpe Ratio is 1.65, which is comparable to the COMB Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of SDCI and COMB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SDCI	COMB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	1.77	-0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.22	0.81	+0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.51	+0.14

Correlation

The correlation between SDCI and COMB is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SDCI vs. COMB - Dividend Comparison

SDCI's dividend yield for the trailing twelve months is around 3.00%, less than COMB's 7.35% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SDCI USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund	3.00%	3.68%	5.92%	3.46%	33.49%	19.26%	0.20%	0.93%	0.68%	0.00%
COMB GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF	7.35%	9.05%	2.48%	6.57%	30.85%	15.83%	0.07%	1.48%	0.97%	0.20%

Drawdowns

SDCI vs. COMB - Drawdown Comparison

The maximum SDCI drawdown since its inception was -45.79%, which is greater than COMB's maximum drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for SDCI and COMB.

Drawdown Indicators

	SDCI	COMB	Difference
Max Drawdown Largest peak-to-trough decline	-45.79%	-33.50%	-12.29%
Max Drawdown (1Y) Largest decline over 1 year	-11.96%	-9.19%	-2.77%
Max Drawdown (5Y) Largest decline over 5 years	-18.55%	-26.63%	+8.08%
Current Drawdown Current decline from peak	-1.06%	-1.01%	-0.05%
Average Drawdown Average peak-to-trough decline	-11.80%	-12.25%	+0.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.52%	3.34%	+0.18%

Volatility

SDCI vs. COMB - Volatility Comparison

The current volatility for USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) is 7.05%, while GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) has a volatility of 7.63%. This indicates that SDCI experiences smaller price fluctuations and is considered to be less risky than COMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDCI	COMB	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.05%	7.63%	-0.58%
Volatility (6M) Calculated over the trailing 6-month period	13.92%	13.86%	+0.06%
Volatility (1Y) Calculated over the trailing 1-year period	18.34%	17.20%	+1.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.45%	16.54%	+1.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.11%	15.05%	+2.06%