UMDD vs. ISCMF
UMDD (ProShares UltraPro MidCap400) and ISCMF (iShares Diversified Commodity Swap UCITS ETF) are both exchange-traded funds - UMDD is a Leveraged Equities fund tracking the S&P MidCap 400 Index (300%), while ISCMF is a Commodities fund tracking the Bloomberg Commodity Index. Both are passively managed. Over the past 3 years, UMDD returned 27.16%/yr vs 16.78%/yr for ISCMF. At a correlation of -0.04, they often move in opposite directions. UMDD charges 0.95%/yr vs 0.19%/yr for ISCMF.
Performance
UMDD vs. ISCMF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UMDD achieves a 42.38% return, which is significantly higher than ISCMF's 22.87% return.
UMDD
- 1D
- 1.32%
- 1M
- 10.37%
- YTD
- 42.38%
- 6M
- 33.72%
- 1Y
- 73.33%
- 3Y*
- 27.16%
- 5Y*
- 4.26%
- 10Y*
- 13.45%
ISCMF
- 1D
- 0.00%
- 1M
- -4.99%
- YTD
- 22.87%
- 6M
- 22.87%
- 1Y
- 31.30%
- 3Y*
- 16.78%
- 5Y*
- —
- 10Y*
- —
UMDD vs. ISCMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
UMDD ProShares UltraPro MidCap400 | 42.38% | -2.57% | 19.68% | 27.21% | -36.21% |
ISCMF iShares Diversified Commodity Swap UCITS ETF | 22.87% | 19.65% | 3.13% | -9.58% | -5.82% |
Correlation
The correlation between UMDD and ISCMF is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | -0.04 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UMDD vs. ISCMF — Risk / Return Rank
UMDD
ISCMF
UMDD vs. ISCMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro MidCap400 (UMDD) 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.
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.
| UMDD | ISCMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 2.31 | -1.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | 5.53 | -2.70 |
| Martin ratioReturn relative to average drawdown | 9.47 | 11.95 | -2.48 |
Loading charts...
Drawdowns
UMDD vs. ISCMF - Drawdown Comparison
The maximum UMDD drawdown since its inception was -86.24%, which is greater than ISCMF's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for UMDD and ISCMF.
Loading charts...
Drawdown Indicators
| UMDD | ISCMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.24% | -25.42% | -60.82% |
Max Drawdown (1Y)Largest decline over 1 year | -26.04% | -5.69% | -20.35% |
Max Drawdown (3Y)Largest decline over 3 years | -60.33% | -7.62% | -52.71% |
Max Drawdown (5Y)Largest decline over 5 years | -64.61% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -86.24% | — | — |
Current DrawdownCurrent decline from peak | -2.49% | -5.26% | +2.77% |
Average DrawdownAverage peak-to-trough decline | -23.55% | -13.36% | -10.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.77% | 2.63% | +5.14% |
Volatility
UMDD vs. ISCMF - Volatility Comparison
ProShares UltraPro MidCap400 (UMDD) has a higher volatility of 13.05% compared to iShares Diversified Commodity Swap UCITS ETF (ISCMF) at 5.11%. This indicates that UMDD's price experiences larger fluctuations and is considered to be riskier than ISCMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UMDD | ISCMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.05% | 5.11% | +7.94% |
Volatility (6M)Calculated over the trailing 6-month period | 35.18% | 15.45% | +19.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.50% | 17.87% | +29.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.95% | 14.29% | +44.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.35% | 14.29% | +48.06% |
UMDD vs. ISCMF - Expense Ratio Comparison
UMDD has a 0.95% expense ratio, which is higher than ISCMF's 0.19% expense ratio.
Dividends
UMDD vs. ISCMF - Dividend Comparison
UMDD's dividend yield for the trailing twelve months is around 0.74%, while ISCMF has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISCMF iShares Diversified Commodity Swap UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UMDD ProShares UltraPro MidCap400 | 0.74% | 1.00% | 0.76% | 0.19% | 0.49% | 0.06% | 0.08% | 0.64% | 0.32% | 0.00% | 0.03% | 0.06% |
Frequently Asked Questions
UMDD and ISCMF have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UMDD has higher volatility (13.05%) compared to ISCMF (5.11%). In terms of maximum drawdown, UMDD dropped -86.24% vs ISCMF's -25.42%.
On 3-year performance, UMDD leads with 27.16% vs 16.78% for ISCMF. On fees, ISCMF is cheaper at 0.19% per year. On volatility, ISCMF has been the lower-risk option at 5.11%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, UMDD has performed better with a 27.16% return vs 16.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ISCMF is cheaper with a 0.19% expense ratio, compared with 0.95% for UMDD.
UMDD has the higher dividend yield at 0.74%, compared with 0.00% for ISCMF.
UMDD is categorized as Leveraged Equities, while ISCMF is Commodities. UMDD tracks S&P MidCap 400 Index (300%), while ISCMF tracks Bloomberg Commodity Index. They also come from different issuers: ProShares and iShares. Their fees differ too: 0.95% for UMDD and 0.19% for ISCMF.
ISCMF currently has the higher Sharpe Ratio (1.76 vs 1.55), 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.
Find the right allocation for UMDD and ISCMF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer