Skip to content
F
FinClaro
← All ETFs
USCI

United States Commodity Index Fund

Dynamic commodity index fund using quantitative models to select 14 commodities monthly. Aims to reduce contango drag through active selection.

Backtest X-Ray Correlation Risk Map
CommodityTER 1.10%Dist.
TER
1.10%
AUM
$0.3B
CAGR
4.1%
Volatility
14.8%
Sharpe
0.08
Max Drawdown
-64.0%
Data Range
2010-08 → 2026-04

Performance Analysis

Maximum Drawdown History

How far the ETF has fallen from its all-time high at each point. Deeper = more painful.

Current DD-1.0%
Worst DD-64.0%
Worst date2020-04

Rolling Returns

Annualized returns over rolling windows. Shows the range of outcomes depending on when you invested.

Avg return1.5%
Best28.3%
Worst-14.1%
% positive38%
153 periods

Key Facts

ISIN
US91232N2063
Issuer
Invesco
Benchmark
SummerHaven Dynamic Commodity Index
Total Expense Ratio (TER)
1.10%
Assets Under Management
$0.3B approx.
Inception Date
2010-08-10
Domicile
United States
Legal Structure
Limited Partnership
Dividend Policy
Distributing (pays dividends)
Replication Method
Synthetic (Swap-Based)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
NYSE Arca
Number of Holdings
N/A

Top 10 Holdings

Top 10 represent 67.5% of the fund.

1
WTI-FUTWTI Crude Oil Futures
11.00%
2
GOLD-FUTGold Futures
9.00%
3
NG-FUTNatural Gas Futures
8.00%
4
COPPER-FUTCopper Futures
7.00%
5
CORN-FUTCorn Futures
6.50%
6
SOY-FUTSoybean Futures
6.00%
7
SUGAR-FUTSugar Futures
5.50%
8
SILVER-FUTSilver Futures
5.00%
9
WHEAT-FUTWheat Futures
5.00%
10
COCOA-FUTCocoa Futures
4.50%

Sector Breakdown

Energy
30%
Agriculture
28%
Base Metals
18%
Precious Metals
16%
Livestock
8%

Source: Official issuer data · Last updated: 2026-05-12

Backtest this ETFOfficial Fund Page

Who Is This ETF For?

✓General portfolio building block for the asset class it covers.

Key Risks to Consider

• No cash flows or dividends — returns depend entirely on price appreciation.

• Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).

Similar ETFs

GLD0.40% TER

SPDR Gold Shares

Gold · State Street

DBC0.85% TER

Invesco DB Commodity Index Tracking Fund

Diversified Commodity · Invesco

IAU0.25% TER

iShares Gold Trust

Gold · BlackRock

SLV0.50% TER

iShares Silver Trust

Silver · BlackRock

Continue Your Analysis

Backtest USCI

Compare USCI

X-Ray USCI

Correlation Matrix

Risk vs Return

Check Overlap

Data & Methodology

Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.

Data source: Yahoo Finance (adjusted close), USCF (metadata)Last verified: 2026-04-17

Related Guides from FinClaro Chile

What Is an ETF? Complete Guide
Learn the basics of ETFs, how they work, and why they matter
finclaro.cl
ETF Chile vs International Broker
Compare buying ETFs locally vs through international brokers
finclaro.cl

Related ETFs

Similar ETFs

GLD

SPDR Gold Shares

TER 0.40%$75B AUM
View Compare
IAU

iShares Gold Trust

TER 0.25%$30B AUM
View Compare
SLV

iShares Silver Trust

TER 0.50%$12B AUM
View Compare
GLDM

SPDR Gold MiniShares Trust

TER 0.10%$9B AUM
View Compare

Alternative Approaches

PDBC

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

TER 0.59%$5B AUM
View Compare
DBC

Invesco DB Commodity Index Tracking Fund

TER 0.85%$3B AUM
View Compare
SGOL

Aberdeen Physical Gold Shares ETF

TER 0.17%$3B AUM
View Compare
FTGC

First Trust Global Tactical Commodity Strategy Fund

TER 0.95%$3B AUM
View Compare

💬 Frequently Asked Questions

Dynamic commodity index fund using quantitative models to select 14 commodities monthly. Aims to reduce contango drag through active selection.
USCI has a total expense ratio (TER) of 1.10%, which means you pay $110 per year for every $10,000 invested.
Yes, USCI is a distributing ETF that pays dividends to shareholders. The frequency depends on the fund's schedule.
USCI is a US-domiciled ETF (not UCITS). Non-US investors should consider the US estate tax implications (40% on US assets above $60,000) and the 30% dividend withholding tax (reduced by treaty in some countries).
USCI uses synthetic replication via swap contracts, which can reduce tracking error but introduces counterparty risk.