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SDCI vs. PDBC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


SDCIPDBC
YTD Return12.29%0.60%
1Y Return10.16%-3.19%
3Y Return (Ann)13.92%3.18%
5Y Return (Ann)13.74%8.88%
Sharpe Ratio0.78-0.20
Sortino Ratio1.15-0.18
Omega Ratio1.130.98
Calmar Ratio0.97-0.10
Martin Ratio2.91-0.57
Ulcer Index3.52%5.04%
Daily Std Dev13.22%14.42%
Max Drawdown-45.79%-49.52%
Current Drawdown-2.10%-23.58%

Correlation

-0.50.00.51.00.8

The correlation between SDCI and PDBC is 0.75, 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.

Performance

SDCI vs. PDBC - Performance Comparison

In the year-to-date period, SDCI achieves a 12.29% return, which is significantly higher than PDBC's 0.60% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.29%
-5.04%
SDCI
PDBC

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SDCI vs. PDBC - Expense Ratio Comparison

SDCI has a 0.70% expense ratio, which is higher than PDBC's 0.58% expense ratio.


SDCI
USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund
Expense ratio chart for SDCI: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
Expense ratio chart for PDBC: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%

Risk-Adjusted Performance

SDCI vs. PDBC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) and Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC). 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
Sharpe ratio
The chart of Sharpe ratio for SDCI, currently valued at 0.78, compared to the broader market-2.000.002.004.006.000.78
Sortino ratio
The chart of Sortino ratio for SDCI, currently valued at 1.15, compared to the broader market0.005.0010.001.15
Omega ratio
The chart of Omega ratio for SDCI, currently valued at 1.13, compared to the broader market1.001.502.002.503.001.13
Calmar ratio
The chart of Calmar ratio for SDCI, currently valued at 0.97, compared to the broader market0.005.0010.0015.000.97
Martin ratio
The chart of Martin ratio for SDCI, currently valued at 2.91, compared to the broader market0.0020.0040.0060.0080.00100.00120.002.91
PDBC
Sharpe ratio
The chart of Sharpe ratio for PDBC, currently valued at -0.20, compared to the broader market-2.000.002.004.006.00-0.20
Sortino ratio
The chart of Sortino ratio for PDBC, currently valued at -0.18, compared to the broader market0.005.0010.00-0.18
Omega ratio
The chart of Omega ratio for PDBC, currently valued at 0.98, compared to the broader market1.001.502.002.503.000.98
Calmar ratio
The chart of Calmar ratio for PDBC, currently valued at -0.10, compared to the broader market0.005.0010.0015.00-0.10
Martin ratio
The chart of Martin ratio for PDBC, currently valued at -0.57, compared to the broader market0.0020.0040.0060.0080.00100.00120.00-0.57

SDCI vs. PDBC - Sharpe Ratio Comparison

The current SDCI Sharpe Ratio is 0.78, which is higher than the PDBC Sharpe Ratio of -0.20. The chart below compares the historical Sharpe Ratios of SDCI and PDBC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
0.78
-0.20
SDCI
PDBC

Dividends

SDCI vs. PDBC - Dividend Comparison

SDCI's dividend yield for the trailing twelve months is around 1.08%, less than PDBC's 4.19% yield.


TTM20232022202120202019201820172016
SDCI
USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund
1.08%3.46%33.49%19.25%0.20%0.93%0.68%0.00%0.00%
PDBC
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
4.19%4.21%13.04%50.83%0.01%1.40%1.00%3.83%6.50%

Drawdowns

SDCI vs. PDBC - Drawdown Comparison

The maximum SDCI drawdown since its inception was -45.79%, smaller than the maximum PDBC drawdown of -49.52%. Use the drawdown chart below to compare losses from any high point for SDCI and PDBC. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.10%
-23.58%
SDCI
PDBC

Volatility

SDCI vs. PDBC - Volatility Comparison

The current volatility for USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) is 4.19%, while Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) has a volatility of 5.12%. This indicates that SDCI experiences smaller price fluctuations and is considered to be less risky than PDBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.19%
5.12%
SDCI
PDBC