USCI vs. VOO
Compare and contrast key facts about United States Commodity Index Fund (USCI) and Vanguard S&P 500 ETF (VOO).
USCI and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both USCI and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USCI or VOO.
Key characteristics
| USCI | VOO | |
|---|---|---|
| YTD Return | 11.39% | 27.26% |
| 1Y Return | 8.99% | 37.86% |
| 3Y Return (Ann) | 12.66% | 10.35% |
| 5Y Return (Ann) | 11.77% | 16.03% |
| 10Y Return (Ann) | 1.48% | 13.45% |
| Sharpe Ratio | 0.67 | 3.25 |
| Sortino Ratio | 1.01 | 4.31 |
| Omega Ratio | 1.12 | 1.61 |
| Calmar Ratio | 0.37 | 4.74 |
| Martin Ratio | 2.47 | 21.63 |
| Ulcer Index | 3.66% | 1.85% |
| Daily Std Dev | 13.48% | 12.25% |
| Max Drawdown | -66.41% | -33.99% |
| Current Drawdown | -14.12% | 0.00% |
Correlation
The correlation between USCI and VOO is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
USCI vs. VOO - Performance Comparison
In the year-to-date period, USCI achieves a 11.39% return, which is significantly lower than VOO's 27.26% return. Over the past 10 years, USCI has underperformed VOO with an annualized return of 1.48%, while VOO has yielded a comparatively higher 13.45% annualized return. 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. VOO - Expense Ratio Comparison
USCI has a 1.03% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
USCI vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for United States Commodity Index Fund (USCI) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
USCI has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.23%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
USCI vs. VOO - Drawdown Comparison
The maximum USCI drawdown since its inception was -66.41%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for USCI and VOO. For additional features, visit the drawdowns tool.
Volatility
USCI vs. VOO - Volatility Comparison
United States Commodity Index Fund (USCI) has a higher volatility of 4.56% compared to Vanguard S&P 500 ETF (VOO) at 3.92%. This indicates that USCI's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.