USCI vs. SDCI
Compare and contrast key facts about United States Commodity Index Fund (USCI) and USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI).
USCI and SDCI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USCI is a passively managed fund by Concierge Technologies that tracks the performance of the SummerHaven Dynamic Commodity (TR). It was launched on Aug 10, 2010. SDCI is an actively managed fund by Wainwright, Inc.. It was launched on May 3, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USCI or SDCI.
Key characteristics
| USCI | SDCI | |
|---|---|---|
| YTD Return | 11.44% | 11.84% |
| 1Y Return | 6.94% | 7.65% |
| 3Y Return (Ann) | 12.66% | 13.75% |
| 5Y Return (Ann) | 11.80% | 13.72% |
| Sharpe Ratio | 0.67 | 0.74 |
| Sortino Ratio | 1.01 | 1.10 |
| Omega Ratio | 1.12 | 1.13 |
| Calmar Ratio | 0.37 | 0.92 |
| Martin Ratio | 2.47 | 2.76 |
| Ulcer Index | 3.66% | 3.52% |
| Daily Std Dev | 13.45% | 13.20% |
| Max Drawdown | -66.41% | -45.79% |
| Current Drawdown | -14.08% | -2.49% |
Correlation
The correlation between USCI and SDCI is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
USCI vs. SDCI - Performance Comparison
The year-to-date returns for both investments are quite close, with USCI having a 11.44% return and SDCI slightly higher at 11.84%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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USCI vs. SDCI - Expense Ratio Comparison
USCI has a 1.03% expense ratio, which is higher than SDCI's 0.70% expense ratio.
Risk-Adjusted Performance
USCI vs. SDCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for United States Commodity Index Fund (USCI) and USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI). 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.
Dividends
USCI vs. SDCI - Dividend Comparison
USCI has not paid dividends to shareholders, while SDCI's dividend yield for the trailing twelve months is around 1.09%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
USCI United States Commodity Index Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SDCI USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund | 1.09% | 3.46% | 33.49% | 19.25% | 0.20% | 0.93% | 0.68% |
Drawdowns
USCI vs. SDCI - Drawdown Comparison
The maximum USCI drawdown since its inception was -66.41%, which is greater than SDCI's maximum drawdown of -45.79%. Use the drawdown chart below to compare losses from any high point for USCI and SDCI. For additional features, visit the drawdowns tool.
Volatility
USCI vs. SDCI - Volatility Comparison
United States Commodity Index Fund (USCI) has a higher volatility of 4.34% compared to USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) at 4.01%. This indicates that USCI's price experiences larger fluctuations and is considered to be riskier than SDCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.