UDI vs. KEAT

Last updated Jun 5, 2026

UDI (USCF ESG Dividend Income Fund) and KEAT (Keating Active ETF) are both exchange-traded funds - UDI is a Large Cap Value Equities fund actively managed by USCF Advisers, while KEAT is a Global Allocation fund actively managed by Keating. Both are actively managed. Over the past year, UDI returned 24.01% vs 26.00% for KEAT. A 0.53 correlation means they provide meaningful diversification when combined. UDI charges 0.65%/yr vs 0.85%/yr for KEAT.

Performance

UDI vs. KEAT - Performance Comparison

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

Returns By Period

In the year-to-date period, UDI achieves a 10.96% return, which is significantly higher than KEAT's 9.60% return.

UDI

• 1D: 1.37%
• 1M: 2.33%
• YTD: 10.96%
• 6M: 12.67%
• 1Y: 24.01%
• 3Y*: 17.11%
• 5Y*: —
• 10Y*: —

KEAT

• 1D: 0.50%
• 1M: -1.00%
• YTD: 9.60%
• 6M: 10.43%
• 1Y: 26.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UDI vs. KEAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
UDI USCF ESG Dividend Income Fund	10.96%	14.23%	10.64%
KEAT Keating Active ETF	9.60%	22.76%	2.41%

Correlation

The correlation between UDI and KEAT is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (All Time) Calculated using the full available price history since Mar 28, 2024	0.53

The correlation between UDI and KEAT has been stable across timeframes, ranging from 0.46 to 0.53 - a consistent structural relationship.

UDI vs. KEAT - Sectors Allocation Comparison

Sectors	UDI	KEAT
Financial Services	29.5%	1.0%
Healthcare	16.8%	5.3%
Energy	11.9%	30.9%
Real Estate	8.7%	0.6%
Utilities	8.3%	-
Technology	6.8%	-
Communication Services	6.1%	15.0%
Basic Materials	4.2%	21.7%
Consumer Defensive	2.9%	22.2%
Industrials	2.5%	4.3%
Consumer Cyclical	2.4%	-

Return for Risk

UDI vs. KEAT — Risk / Return Rank

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

UDI

UDI Risk / Return Rank: 77
UDI Sharpe Ratio Rank: 73
UDI Sortino Ratio Rank: 76
UDI Omega Ratio Rank: 70
UDI Calmar Ratio Rank: 82
UDI Martin Ratio Rank: 82

KEAT

KEAT Risk / Return Rank: 77
KEAT Sharpe Ratio Rank: 80
KEAT Sortino Ratio Rank: 78
KEAT Omega Ratio Rank: 78
KEAT Calmar Ratio Rank: 83
KEAT Martin Ratio Rank: 65

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. KEAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USCF ESG Dividend Income Fund (UDI) and Keating Active ETF (KEAT). 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.

	UDI	KEAT	Difference
Sharpe ratio: Return per unit of total volatility	2.35	2.55	-0.20
Sortino ratio: Return per unit of downside risk	3.35	3.45	-0.10
Omega ratio: Gain probability vs. loss probability	1.41	1.46	-0.05
Calmar ratio: Return relative to maximum drawdown	4.26	4.32	-0.06
Martin ratio: Return relative to average drawdown	16.23	11.73	+4.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UDI vs. KEAT - Sharpe Ratio Comparison

The current UDI Sharpe Ratio is 2.35, which is comparable to the KEAT Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of UDI and KEAT, 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

	UDI	KEAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	2.55	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	1.55	-0.61

Drawdowns

UDI vs. KEAT - Drawdown Comparison

The maximum UDI drawdown since its inception was -14.17%, which is greater than KEAT's maximum drawdown of -7.45%. Use the drawdown chart below to compare losses from any high point for UDI and KEAT.

Drawdown Indicators

	UDI	KEAT	Difference
Max Drawdown Largest peak-to-trough decline	-14.17%	-7.45%	-6.72%
Max Drawdown (1Y) Largest decline over 1 year	-5.66%	-6.04%	+0.38%
Max Drawdown (3Y) Largest decline over 3 years	-14.17%	—	—
Current Drawdown Current decline from peak	0.00%	-5.45%	+5.45%
Average Drawdown Average peak-to-trough decline	-3.07%	-1.58%	-1.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.48%	2.22%	-0.74%

Volatility

UDI vs. KEAT - Volatility Comparison

USCF ESG Dividend Income Fund (UDI) has a higher volatility of 2.95% compared to Keating Active ETF (KEAT) at 2.62%. This indicates that UDI's price experiences larger fluctuations and is considered to be riskier than KEAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UDI	KEAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.95%	2.62%	+0.33%
Volatility (6M) Calculated over the trailing 6-month period	7.07%	8.30%	-1.23%
Volatility (1Y) Calculated over the trailing 1-year period	10.26%	10.26%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.05%	10.27%	+3.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.05%	10.27%	+3.78%

UDI vs. KEAT - Expense Ratio Comparison

UDI has a 0.65% expense ratio, which is lower than KEAT's 0.85% expense ratio.

Dividends

UDI vs. KEAT - Dividend Comparison

UDI's dividend yield for the trailing twelve months is around 2.46%, more than KEAT's 2.24% yield.

Position	TTM	2025	2024	2023	2022
KEAT Keating Active ETF	2.24%	2.48%	1.72%	0.00%	0.00%
UDI USCF ESG Dividend Income Fund	2.46%	2.42%	5.33%	2.61%	1.79%

Frequently Asked Questions

Can I hold both UDI and KEAT in my portfolio?

UDI and KEAT have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UDI or KEAT?

UDI has higher volatility (2.95%) compared to KEAT (2.62%). In terms of maximum drawdown, UDI dropped -14.17% vs KEAT's -7.45%.

Which ETF is better, UDI or KEAT?

On 1-year performance, KEAT leads with 26.00% vs 24.01% for UDI. On fees, UDI is cheaper at 0.65% per year. On volatility, KEAT has been the lower-risk option at 2.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UDI or KEAT?

Over the 1-year period, KEAT has performed better with a 26.00% return vs 24.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UDI or KEAT?

UDI is cheaper with a 0.65% expense ratio, compared with 0.85% for KEAT.

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

UDI has the higher dividend yield at 2.46%, compared with 2.24% for KEAT.

What is the main difference between UDI and KEAT?

UDI is categorized as Large Cap Value Equities, while KEAT is Global Allocation. They also come from different issuers: USCF Advisers and Keating. Their fees differ too: 0.65% for UDI and 0.85% for KEAT.

Which has better risk-adjusted returns?

KEAT currently has the higher Sharpe Ratio (2.55 vs 2.35), 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.