TSCM vs. ISCMF

Last updated Jun 4, 2026

TSCM (TimesSquare Quality Mid Cap Growth ETF) and ISCMF (iShares Diversified Commodity Swap UCITS ETF) are both exchange-traded funds - TSCM is a Mid Cap Growth Equities fund actively managed by TimesSquare Capital Management, while ISCMF is a Commodities fund tracking the Bloomberg Commodity Index. TSCM is actively managed, while ISCMF is passively managed. At a correlation of -0.05, they often move in opposite directions. TSCM charges 0.55%/yr vs 0.19%/yr for ISCMF.

Performance

TSCM vs. ISCMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TimesSquare Quality Mid Cap Growth ETF (TSCM) 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, TSCM achieves a 3.31% return, which is significantly lower than ISCMF's 22.87% return.

TSCM

• 1D: -0.92%
• 1M: 5.27%
• YTD: 3.31%
• 6M: —
• 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)

TSCM vs. ISCMF - Yearly Performance Comparison

	2026 (YTD)	2025
TSCM TimesSquare Quality Mid Cap Growth ETF	3.31%	-0.86%
ISCMF iShares Diversified Commodity Swap UCITS ETF	22.87%	0.00%

Correlation

The correlation between TSCM and ISCMF 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 (All Time) Calculated using the full available price history since Dec 31, 2025	-0.05

Return for Risk

TSCM 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.

TSCM vs. ISCMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TimesSquare Quality Mid Cap Growth ETF (TSCM) 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

	TSCM	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	0.28	0.45	-0.17

Drawdowns

TSCM vs. ISCMF - Drawdown Comparison

The maximum TSCM drawdown since its inception was -14.87%, smaller than the maximum ISCMF drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for TSCM and ISCMF.

Drawdown Indicators

	TSCM	ISCMF	Difference
Max Drawdown Largest peak-to-trough decline	-14.87%	-25.42%	+10.55%
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	-0.92%	-5.26%	+4.34%
Average Drawdown Average peak-to-trough decline	-6.33%	-13.43%	+7.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.42%	—

Volatility

Volatility by Period

	TSCM	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	21.03%	18.53%	+2.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.03%	14.38%	+6.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.03%	14.38%	+6.65%

TSCM vs. ISCMF - Expense Ratio Comparison

TSCM has a 0.55% expense ratio, which is higher than ISCMF's 0.19% expense ratio.

Dividends

TSCM vs. ISCMF - Dividend Comparison

Neither TSCM nor ISCMF has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TSCM and ISCMF in my portfolio?

TSCM and ISCMF 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 ETF is better, TSCM 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, TSCM or ISCMF?

ISCMF is cheaper with a 0.19% expense ratio, compared with 0.55% for TSCM.

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

TSCM and ISCMF have nearly identical dividend yields, around 0.00%.

What is the main difference between TSCM and ISCMF?

TSCM is categorized as Mid Cap Growth Equities, while ISCMF is Commodities. They also come from different issuers: TimesSquare Capital Management and iShares. Their fees differ too: 0.55% for TSCM and 0.19% for ISCMF.