ZSC vs. IBMP
ZSC (USCF Sustainable Commodity Strategy Fund) and IBMP (iShares iBonds Dec 2027 Term Muni Bond ETF) are both exchange-traded funds - ZSC is a Commodities fund actively managed by USCF, while IBMP is a Municipal Bonds fund tracking the S&P AMT-Free Municipal Callable Factor Adjusted 2027 Series Index. ZSC is actively managed, while IBMP is passively managed. Over the past year, ZSC returned 30.50% vs 2.89% for IBMP. At a 0.00 correlation, their price movements are largely independent. ZSC charges 0.59%/yr vs 0.18%/yr for IBMP.
Performance
ZSC vs. IBMP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZSC achieves a 5.64% return, which is significantly higher than IBMP's 1.09% return.
ZSC
- 1D
- -0.88%
- 1M
- -4.02%
- YTD
- 5.64%
- 6M
- 6.63%
- 1Y
- 30.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBMP
- 1D
- 0.08%
- 1M
- 0.25%
- YTD
- 1.09%
- 6M
- 1.21%
- 1Y
- 2.89%
- 3Y*
- 2.80%
- 5Y*
- 0.64%
- 10Y*
- —
ZSC vs. IBMP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ZSC USCF Sustainable Commodity Strategy Fund | 5.64% | 28.43% | -14.39% | -10.63% |
IBMP iShares iBonds Dec 2027 Term Muni Bond ETF | 1.09% | 3.52% | 1.26% | 3.15% |
Correlation
The correlation between ZSC and IBMP 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 (All Time) Calculated using the full available price history since Aug 9, 2023 | 0.00 |
The correlation between ZSC and IBMP shifts across timeframes, from -0.12 (1 year) to 0.00 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ZSC vs. IBMP — Risk / Return Rank
ZSC
IBMP
ZSC vs. IBMP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USCF Sustainable Commodity Strategy Fund (ZSC) and iShares iBonds Dec 2027 Term Muni Bond ETF (IBMP). 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 | IBMP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.57 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.99 | 4.89 | -0.91 |
| Martin ratioReturn relative to average drawdown | 11.17 | 13.55 | -2.38 |
Loading charts...
Drawdowns
ZSC vs. IBMP - Drawdown Comparison
The maximum ZSC drawdown since its inception was -26.49%, which is greater than IBMP's maximum drawdown of -15.24%. Use the drawdown chart below to compare losses from any high point for ZSC and IBMP.
Loading charts...
Drawdown Indicators
| ZSC | IBMP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.49% | -15.24% | -11.25% |
Max Drawdown (1Y)Largest decline over 1 year | -7.69% | -0.59% | -7.10% |
Max Drawdown (3Y)Largest decline over 3 years | — | -2.63% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -10.00% | — |
Current DrawdownCurrent decline from peak | -6.12% | 0.00% | -6.12% |
Average DrawdownAverage peak-to-trough decline | -14.55% | -2.70% | -11.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 0.21% | +2.53% |
Volatility
ZSC vs. IBMP - Volatility Comparison
USCF Sustainable Commodity Strategy Fund (ZSC) has a higher volatility of 3.16% compared to iShares iBonds Dec 2027 Term Muni Bond ETF (IBMP) at 0.25%. This indicates that ZSC's price experiences larger fluctuations and is considered to be riskier than IBMP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ZSC | IBMP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 0.25% | +2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 9.45% | 0.77% | +8.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.78% | 1.07% | +11.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.24% | 2.56% | +9.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.24% | 4.99% | +7.25% |
ZSC vs. IBMP - Expense Ratio Comparison
ZSC has a 0.59% expense ratio, which is higher than IBMP's 0.18% expense ratio.
Dividends
ZSC vs. IBMP - Dividend Comparison
ZSC's dividend yield for the trailing twelve months is around 1.65%, less than IBMP's 2.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IBMP iShares iBonds Dec 2027 Term Muni Bond ETF | 2.50% | 2.47% | 2.35% | 2.05% | 1.26% | 0.86% | 1.16% | 1.06% |
ZSC USCF Sustainable Commodity Strategy Fund | 1.65% | 1.75% | 2.18% | 1.40% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ZSC and IBMP 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.
ZSC has higher volatility (3.16%) compared to IBMP (0.25%). In terms of maximum drawdown, ZSC dropped -26.49% vs IBMP's -15.24%.
On 1-year performance, ZSC leads with 30.50% vs 2.89% for IBMP. On fees, IBMP is cheaper at 0.18% per year. On volatility, IBMP has been the lower-risk option at 0.25%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ZSC has performed better with a 30.50% return vs 2.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBMP is cheaper with a 0.18% expense ratio, compared with 0.59% for ZSC.
IBMP has the higher dividend yield at 2.50%, compared with 1.65% for ZSC.
ZSC is categorized as Commodities, while IBMP is Municipal Bonds. They also come from different issuers: USCF and iShares. Their fees differ too: 0.59% for ZSC and 0.18% for IBMP.
IBMP currently has the higher Sharpe Ratio (2.71 vs 2.40), 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.
Find the right allocation for ZSC and IBMP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer