ZSB vs. ENFR
ZSB (USCF Sustainable Battery Metals Strategy Fund) and ENFR (Alerian Energy Infrastructure ETF) are both exchange-traded funds - ZSB is a Lithium & Battery Metals fund tracking the S&P GSCI Electric Vehicle Meals Index, while ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index. Both are passively managed. Over the past 3 years, ZSB returned 1.91%/yr vs 28.90%/yr for ENFR. At a 0.05 correlation, their price movements are largely independent. ZSB charges 0.59%/yr vs 0.35%/yr for ENFR.
Performance
ZSB vs. ENFR - Performance Comparison
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Returns By Period
In the year-to-date period, ZSB achieves a 4.41% return, which is significantly lower than ENFR's 24.93% return.
ZSB
- 1D
- -2.97%
- 1M
- -7.84%
- YTD
- 4.41%
- 6M
- 6.25%
- 1Y
- 59.70%
- 3Y*
- 1.91%
- 5Y*
- —
- 10Y*
- —
ENFR
- 1D
- 1.51%
- 1M
- -4.52%
- YTD
- 24.93%
- 6M
- 25.03%
- 1Y
- 27.76%
- 3Y*
- 28.90%
- 5Y*
- 20.07%
- 10Y*
- 11.98%
ZSB vs. ENFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ZSB USCF Sustainable Battery Metals Strategy Fund | 4.41% | 64.34% | -19.70% | -31.38% |
ENFR Alerian Energy Infrastructure ETF | 24.93% | 5.88% | 42.17% | 12.60% |
Correlation
The correlation between ZSB and ENFR is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2023 | 0.05 |
The correlation between ZSB and ENFR shifts across timeframes, from -0.12 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ZSB vs. ENFR — Risk / Return Rank
ZSB
ENFR
ZSB vs. ENFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USCF Sustainable Battery Metals Strategy Fund (ZSB) and Alerian Energy Infrastructure ETF (ENFR). 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.
| ZSB | ENFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.32 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.58 | 3.23 | +0.36 |
| Martin ratioReturn relative to average drawdown | 9.56 | 8.24 | +1.31 |
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Drawdowns
ZSB vs. ENFR - Drawdown Comparison
The maximum ZSB drawdown since its inception was -49.26%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for ZSB and ENFR.
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Drawdown Indicators
| ZSB | ENFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.26% | -68.28% | +19.02% |
Max Drawdown (1Y)Largest decline over 1 year | -16.75% | -8.64% | -8.11% |
Max Drawdown (3Y)Largest decline over 3 years | -43.22% | -15.58% | -27.64% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.29% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.64% | — |
Current DrawdownCurrent decline from peak | -11.97% | -4.71% | -7.26% |
Average DrawdownAverage peak-to-trough decline | -30.58% | -15.94% | -14.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.27% | 3.38% | +2.89% |
Volatility
ZSB vs. ENFR - Volatility Comparison
USCF Sustainable Battery Metals Strategy Fund (ZSB) and Alerian Energy Infrastructure ETF (ENFR) have volatilities of 5.63% and 5.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZSB | ENFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.63% | 5.69% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 22.46% | 11.60% | +10.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.67% | 14.86% | +11.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.62% | 19.25% | +0.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.62% | 24.68% | -5.06% |
ZSB vs. ENFR - Expense Ratio Comparison
ZSB has a 0.59% expense ratio, which is higher than ENFR's 0.35% expense ratio.
Dividends
ZSB vs. ENFR - Dividend Comparison
ZSB's dividend yield for the trailing twelve months is around 0.88%, less than ENFR's 4.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 4.02% | 4.77% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% |
ZSB USCF Sustainable Battery Metals Strategy Fund | 0.88% | 0.92% | 2.96% | 3.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ZSB and ENFR have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENFR has higher volatility (5.69%) compared to ZSB (5.63%). In terms of maximum drawdown, ZSB dropped -49.26% vs ENFR's -68.28%.
On 3-year performance, ENFR leads with 28.90% vs 1.91% for ZSB. On fees, ENFR is cheaper at 0.35% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, ENFR has performed better with a 28.90% return vs 1.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ENFR is cheaper with a 0.35% expense ratio, compared with 0.59% for ZSB.
ENFR has the higher dividend yield at 4.02%, compared with 0.88% for ZSB.
ZSB is categorized as Lithium & Battery Metals, while ENFR is Energy Equities. ZSB tracks S&P GSCI Electric Vehicle Meals Index, while ENFR tracks Alerian Midstream Energy Select Index. They also come from different issuers: USCF and SS&C. Their fees differ too: 0.59% for ZSB and 0.35% for ENFR.
ZSB currently has the higher Sharpe Ratio (2.26 vs 1.88), 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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