SDCI vs. USCI
SDCI (USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund) and USCI (United States Commodity Index Fund) are both Commodities funds - SDCI tracks the SummerHaven Dynamic Commodity Index Total Return while USCI tracks the SummerHaven Dynamic Commodity (TR). Both are passively managed. Over the past 5 years, SDCI returned 19.43%/yr vs 18.47%/yr for USCI. Their correlation of 0.94 suggests significant overlap in exposure. SDCI charges 0.60%/yr vs 1.03%/yr for USCI.
Performance
SDCI vs. USCI - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with SDCI having a 20.29% return and USCI slightly lower at 19.44%.
SDCI
- 1D
- -0.08%
- 1M
- -6.85%
- YTD
- 20.29%
- 6M
- 18.15%
- 1Y
- 22.52%
- 3Y*
- 20.41%
- 5Y*
- 19.43%
- 10Y*
- —
USCI
- 1D
- -0.19%
- 1M
- -6.88%
- YTD
- 19.44%
- 6M
- 17.65%
- 1Y
- 22.37%
- 3Y*
- 19.76%
- 5Y*
- 18.47%
- 10Y*
- 8.20%
SDCI vs. USCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SDCI USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund | 20.29% | 17.60% | 17.91% | -0.88% | 33.23% | 36.52% | -10.61% | -2.36% | -13.91% |
USCI United States Commodity Index Fund | 19.44% | 17.63% | 17.24% | -0.00% | 29.47% | 33.07% | -11.47% | -1.68% | -14.18% |
Correlation
The correlation between SDCI and USCI is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since May 3, 2018 | 0.94 |
The correlation between SDCI and USCI has been stable across timeframes, ranging from 0.94 to 0.98 - a consistent structural relationship.
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
SDCI vs. USCI — Risk / Return Rank
SDCI
USCI
SDCI vs. USCI - 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 United States Commodity Index Fund (USCI). 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 | USCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.23 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 2.31 | +0.07 |
| Martin ratioReturn relative to average drawdown | 7.98 | 7.89 | +0.09 |
Loading charts...
Drawdowns
SDCI vs. USCI - Drawdown Comparison
The maximum SDCI drawdown since its inception was -45.79%, smaller than the maximum USCI drawdown of -66.41%. Use the drawdown chart below to compare losses from any high point for SDCI and USCI.
Loading charts...
Drawdown Indicators
| SDCI | USCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.79% | -66.41% | +20.62% |
Max Drawdown (1Y)Largest decline over 1 year | -9.53% | -9.73% | +0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -11.96% | -12.01% | +0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -18.55% | -18.84% | +0.29% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.82% | — |
Current DrawdownCurrent decline from peak | -9.53% | -9.73% | +0.20% |
Average DrawdownAverage peak-to-trough decline | -11.55% | -29.44% | +17.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 2.92% | +0.01% |
Volatility
SDCI vs. USCI - Volatility Comparison
USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) and United States Commodity Index Fund (USCI) have volatilities of 3.15% and 3.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SDCI | USCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.15% | 3.15% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 14.31% | 14.04% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.94% | 16.76% | +0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.37% | 18.35% | +0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.06% | 15.86% | +1.20% |
SDCI vs. USCI - Expense Ratio Comparison
SDCI has a 0.60% expense ratio, which is lower than USCI's 1.03% expense ratio.
Dividends
SDCI vs. USCI - Dividend Comparison
SDCI's dividend yield for the trailing twelve months is around 3.06%, while USCI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
SDCI USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund | 3.06% | 3.68% | 5.92% | 3.46% | 33.49% | 19.26% | 0.20% | 0.93% | 0.68% |
USCI United States Commodity Index Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.98, SDCI and USCI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
USCI has higher volatility (3.15%) compared to SDCI (3.15%). In terms of maximum drawdown, SDCI dropped -45.79% vs USCI's -66.41%.
On 5-year performance, SDCI leads with 19.43% vs 18.47% for USCI. On fees, SDCI is cheaper at 0.60% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SDCI has performed better with a 19.43% return vs 18.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SDCI is cheaper with a 0.60% expense ratio, compared with 1.03% for USCI.
SDCI has the higher dividend yield at 3.06%, compared with 0.00% for USCI.
SDCI tracks SummerHaven Dynamic Commodity Index Total Return, while USCI tracks SummerHaven Dynamic Commodity (TR). They also come from different issuers: USCF Investments and Concierge Technologies. Their fees differ too: 0.60% for SDCI and 1.03% for USCI.
USCI currently has the higher Sharpe Ratio (1.34 vs 1.34), 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 SDCI and USCI
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