SLJY vs. ISCMF

Last updated Jun 4, 2026

SLJY (Amplify SILJ Covered Call ETF) and ISCMF (iShares Diversified Commodity Swap UCITS ETF) are both exchange-traded funds - SLJY is a Derivative Income fund actively managed by Amplify, while ISCMF is a Commodities fund tracking the Bloomberg Commodity Index. SLJY is actively managed, while ISCMF is passively managed. At a correlation of -0.02, they often move in opposite directions. SLJY charges 0.75%/yr vs 0.19%/yr for ISCMF.

Performance

SLJY vs. ISCMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify SILJ Covered Call ETF (SLJY) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SLJY achieves a 7.71% return, which is significantly lower than ISCMF's 22.87% return.

SLJY

• 1D: -4.01%
• 1M: 3.34%
• YTD: 7.71%
• 6M: 15.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ISCMF

• 1D: 0.00%
• 1M: -0.67%
• YTD: 22.87%
• 6M: 27.76%
• 1Y: 37.85%
• 3Y*: 15.20%
• 5Y*: —
• 10Y*: —

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

SLJY vs. ISCMF - Yearly Performance Comparison

	2026 (YTD)	2025
SLJY Amplify SILJ Covered Call ETF	7.71%	43.38%
ISCMF iShares Diversified Commodity Swap UCITS ETF	22.87%	12.68%

Correlation

The correlation between SLJY and ISCMF is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	-0.02

Return for Risk

SLJY vs. ISCMF — Risk / Return Rank

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

ISCMF

ISCMF Risk / Return Rank: 83
ISCMF Sharpe Ratio Rank: 61
ISCMF Sortino Ratio Rank: 83
ISCMF Omega Ratio Rank: 99
ISCMF Calmar Ratio Rank: 93
ISCMF Martin Ratio Rank: 80

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.

SLJY vs. ISCMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify SILJ Covered Call ETF (SLJY) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SLJY	ISCMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.49	0.45	+1.04

Drawdowns

SLJY vs. ISCMF - Drawdown Comparison

The maximum SLJY drawdown since its inception was -30.60%, which is greater than ISCMF's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for SLJY and ISCMF.

Drawdown Indicators

	SLJY	ISCMF	Difference
Max Drawdown Largest peak-to-trough decline	-30.60%	-25.42%	-5.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.69%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-7.62%	—
Current Drawdown Current decline from peak	-21.65%	-5.26%	-16.39%
Average Drawdown Average peak-to-trough decline	-9.60%	-13.43%	+3.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.42%	—

Volatility

Volatility by Period

	SLJY	ISCMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	49.59%	18.53%	+31.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.59%	14.38%	+35.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.59%	14.38%	+35.21%

SLJY vs. ISCMF - Expense Ratio Comparison

SLJY has a 0.75% expense ratio, which is higher than ISCMF's 0.19% expense ratio.

Dividends

SLJY vs. ISCMF - Dividend Comparison

SLJY's dividend yield for the trailing twelve months is around 16.71%, while ISCMF has not paid dividends to shareholders.

Position	TTM	2025
ISCMF iShares Diversified Commodity Swap UCITS ETF	0.00%	0.00%
SLJY Amplify SILJ Covered Call ETF	16.71%	6.26%

Frequently Asked Questions

Can I hold both SLJY and ISCMF in my portfolio?

SLJY and ISCMF have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SLJY or ISCMF?

On fees, ISCMF is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SLJY or ISCMF?

ISCMF is cheaper with a 0.19% expense ratio, compared with 0.75% for SLJY.

Which ETF pays a higher dividend yield, SLJY or ISCMF?

SLJY has the higher dividend yield at 16.71%, compared with 0.00% for ISCMF.

What is the main difference between SLJY and ISCMF?

SLJY is categorized as Derivative Income, while ISCMF is Commodities. They also come from different issuers: Amplify and iShares. Their fees differ too: 0.75% for SLJY and 0.19% for ISCMF.