STM vs. USCI

Last updated Jun 4, 2026

STM (STMicroelectronics N.V.) is a stock, while USCI (United States Commodity Index Fund) is Commodities fund tracking the SummerHaven Dynamic Commodity (TR). Over the past 10 years, STM returned 30.91%/yr vs 8.86%/yr for USCI. At a 0.22 correlation, their price movements are largely independent.

Performance

STM vs. USCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STMicroelectronics N.V. (STM) and United States Commodity Index Fund (USCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STM achieves a 208.16% return, which is significantly higher than USCI's 28.22% return. Over the past 10 years, STM has outperformed USCI with an annualized return of 30.91%, while USCI has yielded a comparatively lower 8.86% annualized return.

STM

• 1D: 0.25%
• 1M: 44.59%
• YTD: 208.16%
• 6M: 210.77%
• 1Y: 214.43%
• 3Y*: 22.31%
• 5Y*: 17.48%
• 10Y*: 30.91%

USCI

• 1D: 0.11%
• 1M: -1.22%
• YTD: 28.22%
• 6M: 26.35%
• 1Y: 40.33%
• 3Y*: 23.15%
• 5Y*: 19.28%
• 10Y*: 8.86%

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

STM vs. USCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
STM STMicroelectronics N.V.	208.16%	5.28%	-49.67%	41.66%	-26.76%	32.39%	38.91%	96.34%	-35.65%	94.77%
USCI United States Commodity Index Fund	28.22%	17.63%	17.24%	-0.00%	29.47%	33.07%	-11.47%	-1.68%	-11.76%	6.32%

Correlation

The correlation between STM and USCI is -0.05, 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 (1Y) Calculated over the trailing 1-year period	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (10Y) Calculated over the trailing 10-year period	0.17
Correlation (All Time) Calculated using the full available price history since Aug 11, 2010	0.22

The correlation between STM and USCI shifts across timeframes, from -0.05 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.

Return for Risk

STM vs. USCI — Risk / Return Rank

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

STM

STM Risk / Return Rank: 94
STM Sharpe Ratio Rank: 97
STM Sortino Ratio Rank: 95
STM Omega Ratio Rank: 95
STM Calmar Ratio Rank: 93
STM Martin Ratio Rank: 91

USCI

USCI Risk / Return Rank: 74
USCI Sharpe Ratio Rank: 73
USCI Sortino Ratio Rank: 66
USCI Omega Ratio Rank: 66
USCI Calmar Ratio Rank: 84
USCI Martin Ratio Rank: 81

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.

STM vs. USCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STMicroelectronics N.V. (STM) 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.

	STM	USCI	Difference
Sharpe ratio: Return per unit of total volatility	4.12	2.43	+1.70
Sortino ratio: Return per unit of downside risk	4.11	3.10	+1.01
Omega ratio: Gain probability vs. loss probability	1.58	1.41	+0.18
Calmar ratio: Return relative to maximum drawdown	5.94	4.64	+1.30
Martin ratio: Return relative to average drawdown	13.56	16.18	-2.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STM vs. USCI - Sharpe Ratio Comparison

The current STM Sharpe Ratio is 4.12, which is higher than the USCI Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of STM and USCI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	STM	USCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.12	2.43	+1.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	1.05	-0.66
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.56	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.30	-0.04

Drawdowns

STM vs. USCI - Drawdown Comparison

The maximum STM drawdown since its inception was -94.40%, which is greater than USCI's maximum drawdown of -66.41%. Use the drawdown chart below to compare losses from any high point for STM and USCI.

Drawdown Indicators

	STM	USCI	Difference
Max Drawdown Largest peak-to-trough decline	-94.40%	-66.41%	-27.99%
Max Drawdown (1Y) Largest decline over 1 year	-36.35%	-8.73%	-27.62%
Max Drawdown (3Y) Largest decline over 3 years	-66.66%	-12.01%	-54.65%
Max Drawdown (5Y) Largest decline over 5 years	-66.66%	-18.84%	-47.82%
Max Drawdown (10Y) Largest decline over 10 years	-66.66%	-45.82%	-20.84%
Current Drawdown Current decline from peak	0.00%	-3.10%	+3.10%
Average Drawdown Average peak-to-trough decline	-55.24%	-29.51%	-25.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.89%	2.50%	+13.39%

Volatility

STM vs. USCI - Volatility Comparison

STMicroelectronics N.V. (STM) has a higher volatility of 20.83% compared to United States Commodity Index Fund (USCI) at 4.51%. This indicates that STM's price experiences larger fluctuations and is considered to be riskier than USCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STM	USCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.83%	4.51%	+16.32%
Volatility (6M) Calculated over the trailing 6-month period	38.06%	13.93%	+24.13%
Volatility (1Y) Calculated over the trailing 1-year period	52.37%	16.70%	+35.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.63%	18.44%	+26.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.14%	15.85%	+28.29%

Dividends

STM vs. USCI - Dividend Comparison

STM's dividend yield for the trailing twelve months is around 0.45%, while USCI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
STM STMicroelectronics N.V.	0.45%	1.39%	1.32%	0.48%	0.67%	0.45%	0.50%	0.89%	1.73%	0.98%	2.10%	5.11%
USCI United States Commodity Index Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STM and USCI in my portfolio?

STM and USCI have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STM or USCI?

STM has higher volatility (20.83%) compared to USCI (4.51%). In terms of maximum drawdown, STM dropped -94.40% vs USCI's -66.41%.

Which has better risk-adjusted returns?

STM currently has the higher Sharpe Ratio (4.12 vs 2.43), 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.