SDCI vs. FFGTX

Last updated Jul 14, 2026

SDCI (USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund) and FFGTX (Fidelity Advisor Global Commodity Stock Fund Class M) are both Commodities funds. Over the past 5 years, SDCI returned 20.23%/yr vs 12.07%/yr for FFGTX. A 0.54 correlation means they provide meaningful diversification when combined. SDCI charges 0.60%/yr vs 1.52%/yr for FFGTX.

Performance

SDCI vs. FFGTX - 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 Fidelity Advisor Global Commodity Stock Fund Class M (FFGTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDCI achieves a 27.24% return, which is significantly higher than FFGTX's 14.70% return.

SDCI

• 1D: 2.45%
• 1M: 3.24%
• 6M: 22.83%
• YTD: 27.24%
• 1Y: 31.47%
• 3Y*: 21.11%
• 5Y*: 20.23%
• 10Y*: —

FFGTX

• 1D: 1.02%
• 1M: -5.00%
• 6M: 8.90%
• YTD: 14.70%
• 1Y: 30.88%
• 3Y*: 15.11%
• 5Y*: 12.07%
• 10Y*: 11.19%

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

SDCI vs. FFGTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SDCI USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund	27.24%	17.60%	17.91%	-0.88%	33.23%	36.52%	-10.61%	-2.36%	-13.91%
FFGTX Fidelity Advisor Global Commodity Stock Fund Class M	14.70%	27.96%	2.37%	-5.62%	20.06%	25.38%	5.41%	17.23%	-15.21%

Correlation

The correlation between SDCI and FFGTX is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (All Time) Calculated using the full available price history since May 3, 2018	0.54

The correlation between SDCI and FFGTX has been stable across timeframes, ranging from 0.51 to 0.57 - a consistent structural relationship.

Return for Risk

SDCI vs. FFGTX — Risk / Return Rank

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

SDCI

SDCI Risk / Return Rank: 68
SDCI Sharpe Ratio Rank: 73
SDCI Sortino Ratio Rank: 69
SDCI Omega Ratio Rank: 66
SDCI Calmar Ratio Rank: 71
SDCI Martin Ratio Rank: 63

FFGTX

FFGTX Risk / Return Rank: 62
FFGTX Sharpe Ratio Rank: 69
FFGTX Sortino Ratio Rank: 58
FFGTX Omega Ratio Rank: 59
FFGTX Calmar Ratio Rank: 68
FFGTX Martin Ratio Rank: 58

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. FFGTX - 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 Fidelity Advisor Global Commodity Stock Fund Class M (FFGTX). 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.

	SDCI	FFGTX	Difference
Sharpe ratio: Return per unit of total volatility	1.84	1.84	0.00
Sortino ratio: Return per unit of downside risk	2.49	2.41	+0.08
Omega ratio: Gain probability vs. loss probability	1.31	1.32	0.00
Calmar ratio: Return relative to maximum drawdown	2.87	2.54	+0.33
Martin ratio: Return relative to average drawdown	9.00	9.03	-0.03

SDCI vs. FFGTX - Sharpe Ratio Comparison

The current SDCI Sharpe Ratio is 1.84, which is comparable to the FFGTX Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of SDCI and FFGTX, 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

SDCI vs. FFGTX - Drawdown Comparison

The maximum SDCI drawdown since its inception was -45.79%, smaller than the maximum FFGTX drawdown of -58.53%. Use the drawdown chart below to compare losses from any high point for SDCI and FFGTX.

Drawdown Indicators

	SDCI	FFGTX	Difference
Max Drawdown Largest peak-to-trough decline	-45.79%	-58.53%	+12.74%
Max Drawdown (1Y) Largest decline over 1 year	-11.03%	-12.30%	+1.27%
Max Drawdown (3Y) Largest decline over 3 years	-11.96%	-19.63%	+7.67%
Max Drawdown (5Y) Largest decline over 5 years	-18.55%	-27.31%	+8.76%
Max Drawdown (10Y) Largest decline over 10 years	—	-48.88%	—
Current Drawdown Current decline from peak	-4.30%	-9.24%	+4.94%
Average Drawdown Average peak-to-trough decline	-11.53%	-20.29%	+8.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.51%	3.45%	+0.06%

Volatility

SDCI vs. FFGTX - Volatility Comparison

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) has a higher volatility of 5.40% compared to Fidelity Advisor Global Commodity Stock Fund Class M (FFGTX) at 4.85%. This indicates that SDCI's price experiences larger fluctuations and is considered to be riskier than FFGTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDCI	FFGTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.40%	4.85%	+0.55%
Volatility (6M) Calculated over the trailing 6-month period	14.76%	13.97%	+0.79%
Volatility (1Y) Calculated over the trailing 1-year period	17.17%	16.95%	+0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.43%	21.37%	-2.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.09%	22.34%	-5.25%

SDCI vs. FFGTX - Expense Ratio Comparison

SDCI has a 0.60% expense ratio, which is lower than FFGTX's 1.52% expense ratio.

Dividends

SDCI vs. FFGTX - Dividend Comparison

SDCI's dividend yield for the trailing twelve months is around 2.89%, more than FFGTX's 1.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFGTX Fidelity Advisor Global Commodity Stock Fund Class M	1.76%	2.02%	1.93%	1.47%	1.47%	2.91%	1.03%	2.51%	1.57%	0.36%	1.05%	2.07%
SDCI USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund	2.89%	3.68%	5.92%	3.46%	33.49%	19.26%	0.20%	0.93%	0.68%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SDCI and FFGTX in my portfolio?

SDCI and FFGTX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDCI or FFGTX?

SDCI has higher volatility (5.40%) compared to FFGTX (4.85%). In terms of maximum drawdown, SDCI dropped -45.79% vs FFGTX's -58.53%.

Which has better risk-adjusted returns?

SDCI currently has the higher Sharpe Ratio (1.84 vs 1.84), 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.