ZSC vs. DJCB

Last updated Jun 4, 2026

ZSC (USCF Sustainable Commodity Strategy Fund) and DJCB (ETRACS Bloomberg Commodity Index Total Return ETN Series B) are both Commodities funds. ZSC is actively managed, while DJCB is passively managed. At a 0.15 correlation, their price movements are largely independent. ZSC charges 0.59%/yr vs 0.50%/yr for DJCB.

Performance

ZSC vs. DJCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USCF Sustainable Commodity Strategy Fund (ZSC) and ETRACS Bloomberg Commodity Index Total Return ETN Series B (DJCB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ZSC

• 1D: -0.63%
• 1M: 0.21%
• YTD: 9.47%
• 6M: 15.02%
• 1Y: 36.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DJCB

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ZSC vs. DJCB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ZSC USCF Sustainable Commodity Strategy Fund	9.47%	28.43%	-14.39%	-10.63%
DJCB ETRACS Bloomberg Commodity Index Total Return ETN Series B	0.00%	0.00%	3.39%	-6.06%

Correlation

The correlation between ZSC and DJCB is 0.15, 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 Aug 10, 2023	0.15

Return for Risk

ZSC vs. DJCB — Risk / Return Rank

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

ZSC

ZSC Risk / Return Rank: 84
ZSC Sharpe Ratio Rank: 87
ZSC Sortino Ratio Rank: 83
ZSC Omega Ratio Rank: 87
ZSC Calmar Ratio Rank: 86
ZSC Martin Ratio Rank: 77

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. DJCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USCF Sustainable Commodity Strategy Fund (ZSC) and ETRACS Bloomberg Commodity Index Total Return ETN Series B (DJCB). 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.

	ZSC	DJCB	Difference
Sharpe ratio Return per unit of total volatility	2.88	—	—
Sortino ratio Return per unit of downside risk	3.73	—	—
Omega ratio Gain probability vs. loss probability	1.54	—	—
Calmar ratio Return relative to maximum drawdown	4.76	—	—
Martin ratio Return relative to average drawdown	14.69	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ZSC	DJCB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.88	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	—	—

Drawdowns

Drawdown Indicators

	ZSC	DJCB	Difference
Max Drawdown Largest peak-to-trough decline	-26.49%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.69%	—	—
Current Drawdown Current decline from peak	-2.71%	—	—
Average Drawdown Average peak-to-trough decline	-14.74%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	—	—

Volatility

Volatility by Period

	ZSC	DJCB	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.70%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.24%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.24%	—	—

ZSC vs. DJCB - Expense Ratio Comparison

ZSC has a 0.59% expense ratio, which is higher than DJCB's 0.50% expense ratio.

Dividends

ZSC vs. DJCB - Dividend Comparison

ZSC's dividend yield for the trailing twelve months is around 1.60%, while DJCB has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
DJCB ETRACS Bloomberg Commodity Index Total Return ETN Series B	0.00%	0.00%	0.00%	0.00%
ZSC USCF Sustainable Commodity Strategy Fund	1.60%	1.75%	2.18%	1.40%

Frequently Asked Questions

Can I hold both ZSC and DJCB in my portfolio?

ZSC and DJCB have a correlation of 0.15, 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 DJCB?

On fees, DJCB is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZSC or DJCB?

DJCB is cheaper with a 0.50% expense ratio, compared with 0.59% for ZSC.

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

ZSC has the higher dividend yield at 1.60%, compared with 0.00% for DJCB.

What is the main difference between ZSC and DJCB?

They also come from different issuers: USCF and UBS. Their fees differ too: 0.59% for ZSC and 0.50% for DJCB.