UDI vs. IQMM

Last updated Jun 24, 2026

UDI (USCF ESG Dividend Income Fund) and IQMM (ProShares GENIUS Money Market ETF) are both exchange-traded funds - UDI is a Large Cap Value Equities fund actively managed by USCF Advisers, while IQMM is a Money Market fund actively managed by ProShares. Both are actively managed. At a correlation of -0.24, they often move in opposite directions. UDI charges 0.65%/yr vs 0.15%/yr for IQMM.

Performance

UDI vs. IQMM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USCF ESG Dividend Income Fund (UDI) and ProShares GENIUS Money Market ETF (IQMM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UDI

• 1D: 0.64%
• 1M: 1.33%
• YTD: 12.00%
• 6M: 11.67%
• 1Y: 23.60%
• 3Y*: 17.17%
• 5Y*: —
• 10Y*: —

IQMM

• 1D: -0.04%
• 1M: 0.22%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UDI vs. IQMM - Yearly Performance Comparison

	2026 (YTD)
UDI USCF ESG Dividend Income Fund	3.37%
IQMM ProShares GENIUS Money Market ETF	1.16%

Correlation

The correlation between UDI and IQMM is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	-0.24

Return for Risk

UDI vs. IQMM — Risk / Return Rank

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

UDI

UDI Risk / Return Rank: 81
UDI Sharpe Ratio Rank: 80
UDI Sortino Ratio Rank: 82
UDI Omega Ratio Rank: 75
UDI Calmar Ratio Rank: 84
UDI Martin Ratio Rank: 84

IQMM

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

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.

UDI vs. IQMM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USCF ESG Dividend Income Fund (UDI) and ProShares GENIUS Money Market ETF (IQMM). 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.

	UDI	IQMM	Difference
Sharpe ratio: Return per unit of total volatility	2.31	—	—
Sortino ratio: Return per unit of downside risk	3.29	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	4.19	—	—
Martin ratio: Return relative to average drawdown	15.83	—	—

Drawdowns

UDI vs. IQMM - Drawdown Comparison

The maximum UDI drawdown since its inception was -14.17%, which is greater than IQMM's maximum drawdown of -0.04%. Use the drawdown chart below to compare losses from any high point for UDI and IQMM.

Drawdown Indicators

	UDI	IQMM	Difference
Max Drawdown Largest peak-to-trough decline	-14.17%	-0.04%	-14.13%
Max Drawdown (1Y) Largest decline over 1 year	-5.66%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.17%	—	—
Current Drawdown Current decline from peak	-1.02%	-0.04%	-0.98%
Average Drawdown Average peak-to-trough decline	-3.07%	-0.00%	-3.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.49%	—	—

Volatility

Volatility by Period

	UDI	IQMM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.17%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.29%	0.23%	+10.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.02%	0.23%	+13.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.02%	0.23%	+13.79%

UDI vs. IQMM - Expense Ratio Comparison

UDI has a 0.65% expense ratio, which is higher than IQMM's 0.15% expense ratio.

Dividends

UDI vs. IQMM - Dividend Comparison

UDI's dividend yield for the trailing twelve months is around 2.44%, more than IQMM's 1.08% yield.

Position	TTM	2025	2024	2023	2022
IQMM ProShares GENIUS Money Market ETF	1.08%	0.00%	0.00%	0.00%	0.00%
UDI USCF ESG Dividend Income Fund	2.44%	2.42%	5.33%	2.61%	1.79%

Frequently Asked Questions

Can I hold both UDI and IQMM in my portfolio?

UDI and IQMM have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UDI or IQMM?

On fees, IQMM is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UDI or IQMM?

IQMM is cheaper with a 0.15% expense ratio, compared with 0.65% for UDI.

Which ETF pays a higher dividend yield, UDI or IQMM?

UDI has the higher dividend yield at 2.44%, compared with 1.08% for IQMM.

What is the main difference between UDI and IQMM?

UDI is categorized as Large Cap Value Equities, while IQMM is Money Market. They also come from different issuers: USCF Advisers and ProShares. Their fees differ too: 0.65% for UDI and 0.15% for IQMM.