ZSC vs. CCOM

Last updated Jun 24, 2026

ZSC (USCF Sustainable Commodity Strategy Fund) and CCOM (Simplify Chinese Commodities Strategy No K-1 ETF) are both Commodities funds. Both are actively managed. At a 0.22 correlation, their price movements are largely independent. ZSC charges 0.59%/yr vs 0.99%/yr for CCOM.

Performance

ZSC vs. CCOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USCF Sustainable Commodity Strategy Fund (ZSC) and Simplify Chinese Commodities Strategy No K-1 ETF (CCOM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ZSC

• 1D: -0.88%
• 1M: -4.02%
• YTD: 5.64%
• 6M: 6.63%
• 1Y: 30.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CCOM

• 1D: -0.82%
• 1M: -1.39%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ZSC vs. CCOM - Yearly Performance Comparison

	2026 (YTD)
ZSC USCF Sustainable Commodity Strategy Fund	-0.54%
CCOM Simplify Chinese Commodities Strategy No K-1 ETF	-2.80%

Correlation

The correlation between ZSC and CCOM is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 27, 2026	0.22

Return for Risk

ZSC vs. CCOM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ZSC

ZSC Risk / Return Rank: 78
ZSC Sharpe Ratio Rank: 82
ZSC Sortino Ratio Rank: 77
ZSC Omega Ratio Rank: 83
ZSC Calmar Ratio Rank: 82
ZSC Martin Ratio Rank: 66

CCOM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ZSC vs. CCOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USCF Sustainable Commodity Strategy Fund (ZSC) and Simplify Chinese Commodities Strategy No K-1 ETF (CCOM). 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.

	ZSC	CCOM	Difference
Sharpe ratio: Return per unit of total volatility	2.40	—	—
Sortino ratio: Return per unit of downside risk	3.15	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	3.99	—	—
Martin ratio: Return relative to average drawdown	11.17	—	—

Drawdowns

ZSC vs. CCOM - Drawdown Comparison

The maximum ZSC drawdown since its inception was -26.49%, which is greater than CCOM's maximum drawdown of -6.38%. Use the drawdown chart below to compare losses from any high point for ZSC and CCOM.

Drawdown Indicators

	ZSC	CCOM	Difference
Max Drawdown Largest peak-to-trough decline	-26.49%	-6.38%	-20.11%
Max Drawdown (1Y) Largest decline over 1 year	-7.69%	—	—
Current Drawdown Current decline from peak	-6.12%	-4.78%	-1.34%
Average Drawdown Average peak-to-trough decline	-14.55%	-2.62%	-11.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.74%	—	—

Volatility

Volatility by Period

	ZSC	CCOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.16%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.45%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.78%	13.37%	-0.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.24%	13.37%	-1.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.24%	13.37%	-1.13%

ZSC vs. CCOM - Expense Ratio Comparison

ZSC has a 0.59% expense ratio, which is lower than CCOM's 0.99% expense ratio.

Dividends

ZSC vs. CCOM - Dividend Comparison

ZSC's dividend yield for the trailing twelve months is around 1.65%, more than CCOM's 0.83% yield.

Position	TTM	2025	2024	2023
CCOM Simplify Chinese Commodities Strategy No K-1 ETF	0.83%	0.00%	0.00%	0.00%
ZSC USCF Sustainable Commodity Strategy Fund	1.65%	1.75%	2.18%	1.40%

Frequently Asked Questions

Can I hold both ZSC and CCOM in my portfolio?

ZSC and CCOM have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ZSC or CCOM?

On fees, ZSC is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZSC or CCOM?

ZSC is cheaper with a 0.59% expense ratio, compared with 0.99% for CCOM.

Which ETF pays a higher dividend yield, ZSC or CCOM?

ZSC has the higher dividend yield at 1.65%, compared with 0.83% for CCOM.

What is the main difference between ZSC and CCOM?

They also come from different issuers: USCF and Simplify. Their fees differ too: 0.59% for ZSC and 0.99% for CCOM.