USCI vs. COM
USCI (United States Commodity Index Fund) and COM (Direxion Auspice Broad Commodity Strategy ETF) are both Commodities funds - USCI tracks the SummerHaven Dynamic Commodity (TR) while COM tracks the Auspice Broad Commodity ER Index. Both are passively managed. Over the past 5 years, USCI returned 18.39%/yr vs 7.89%/yr for COM. A 0.63 correlation means they provide meaningful diversification when combined. USCI charges 1.03%/yr vs 0.70%/yr for COM.
Performance
USCI vs. COM - Performance Comparison
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Returns By Period
In the year-to-date period, USCI achieves a 19.17% return, which is significantly higher than COM's 11.12% return.
USCI
- 1D
- -0.23%
- 1M
- -7.10%
- YTD
- 19.17%
- 6M
- 17.13%
- 1Y
- 24.71%
- 3Y*
- 19.66%
- 5Y*
- 18.39%
- 10Y*
- 8.18%
COM
- 1D
- -1.21%
- 1M
- -5.08%
- YTD
- 11.12%
- 6M
- 10.20%
- 1Y
- 18.87%
- 3Y*
- 6.27%
- 5Y*
- 7.89%
- 10Y*
- —
USCI vs. COM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USCI United States Commodity Index Fund | 19.17% | 17.63% | 17.24% | -0.00% | 29.47% | 33.07% | -11.47% | -1.68% | -11.76% | 8.14% |
COM Direxion Auspice Broad Commodity Strategy ETF | 11.12% | 7.72% | 5.81% | -2.09% | 9.17% | 28.00% | 6.63% | -0.18% | -0.03% | -1.97% |
Correlation
The correlation between USCI and COM is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2017 | 0.63 |
The correlation between USCI and COM shifts across timeframes, from 0.63 (all time) to 0.75 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
USCI vs. COM — Risk / Return Rank
USCI
COM
USCI vs. COM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for United States Commodity Index Fund (USCI) and Direxion Auspice Broad Commodity Strategy ETF (COM). 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.
| USCI | COM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.34 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 2.45 | +0.05 |
| Martin ratioReturn relative to average drawdown | 8.53 | 8.97 | -0.43 |
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Drawdowns
USCI vs. COM - Drawdown Comparison
The maximum USCI drawdown since its inception was -66.41%, which is greater than COM's maximum drawdown of -15.95%. Use the drawdown chart below to compare losses from any high point for USCI and COM.
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Drawdown Indicators
| USCI | COM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.41% | -15.95% | -50.46% |
Max Drawdown (1Y)Largest decline over 1 year | -9.94% | -7.74% | -2.20% |
Max Drawdown (3Y)Largest decline over 3 years | -12.01% | -8.50% | -3.51% |
Max Drawdown (5Y)Largest decline over 5 years | -18.84% | -14.02% | -4.82% |
Max Drawdown (10Y)Largest decline over 10 years | -45.82% | — | — |
Current DrawdownCurrent decline from peak | -9.94% | -7.74% | -2.20% |
Average DrawdownAverage peak-to-trough decline | -29.43% | -6.28% | -23.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 2.12% | +0.79% |
Volatility
USCI vs. COM - Volatility Comparison
United States Commodity Index Fund (USCI) has a higher volatility of 3.15% compared to Direxion Auspice Broad Commodity Strategy ETF (COM) at 2.26%. This indicates that USCI's price experiences larger fluctuations and is considered to be riskier than COM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USCI | COM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.15% | 2.26% | +0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 14.03% | 8.61% | +5.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.73% | 10.59% | +6.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.35% | 9.55% | +8.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.85% | 9.77% | +6.08% |
USCI vs. COM - Expense Ratio Comparison
USCI has a 1.03% expense ratio, which is higher than COM's 0.70% expense ratio.
Dividends
USCI vs. COM - Dividend Comparison
USCI has not paid dividends to shareholders, while COM's dividend yield for the trailing twelve months is around 2.55%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
COM Direxion Auspice Broad Commodity Strategy ETF | 2.55% | 2.99% | 3.88% | 3.80% | 8.59% | 10.32% | 0.13% | 1.09% | 2.36% | 0.09% |
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% |
Frequently Asked Questions
USCI and COM have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USCI has higher volatility (3.15%) compared to COM (2.26%). In terms of maximum drawdown, USCI dropped -66.41% vs COM's -15.95%.
On 5-year performance, USCI leads with 18.39% vs 7.89% for COM. On fees, COM is cheaper at 0.70% per year. On volatility, COM has been the lower-risk option at 2.26%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, USCI has performed better with a 18.39% return vs 7.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
COM is cheaper with a 0.70% expense ratio, compared with 1.03% for USCI.
COM has the higher dividend yield at 2.55%, compared with 0.00% for USCI.
USCI tracks SummerHaven Dynamic Commodity (TR), while COM tracks Auspice Broad Commodity ER Index. They also come from different issuers: Concierge Technologies and Direxion. Their fees differ too: 1.03% for USCI and 0.70% for COM.
COM currently has the higher Sharpe Ratio (1.81 vs 1.50), 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.
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