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ETFs

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund

SDCI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 02 2018
Expense Ratio
0.71%
Type
Global Commodities & Metals
Fund Owner
United States Commodity Funds
Volume (1m avg. daily)
$109,560
AUM
$8,450,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
BNY CASH RESERVE
60.02%
n/a
US DOLLARS
12.88%
n/a
DREY INST PREF GOV INST 6546 QII
8.62%
n/a
TREASURY BILL 0 3/23/2023
4.63%
n/a
TREASURY BILL 0 3/30/2023
4.62%
n/a
TREASURY BILL 0 4/6/2023
4.62%
n/a
TREASURY BILL 0 4/27/2023
4.61%
n/a
Derivatives offset
-98.98%
Invest with SDCI

What is SDCI?

The Fund is an actively managed ETF that seeks to maintain substantial economic exposure to the performance of the commodities markets primarily by investing in a wholly-owned Cayman Islands subsidiary of the Fund (the Subsidiary). The Fund will not invest more than 25% of its total assets in the Subsidiary. The Fund s portfolio of futures contracts will generally consist of the commodities futures contracts included in the SDCITR, in proportionally equal weights by notional amount as the SDCITR. The SummerHaven Dynamic Commodity Index Total Return (SDCITR) is a total return commodity sector index designed to broadly represent major commodities and reflect the performance of a fully margined and collateralized portfolio of exchange-traded commodities futures contracts. The SDCITR is based on the notion that commodities with low inventories tend to outperform commodities with high inventories, and that priced-based measures can be used to help assess the current state of commodity inventories.

ETFs related toSDCI

ETFs correlated to SDCI include USCI, FTGC, GCC

SDCI
USCF ETF Trust - USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund
USCI
United States Commodity Funds LLC - United States Commodity Index Fund
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy Fund
GCC
WisdomTree Commodity Services LLC - WisdomTree EnhancedContinuous Commodity Index Fund
NBCM
Neuberger Berman ETF Trust - Commodity Strategy ETF
PDBC
Invesco Capital Management LLC - Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
DBC
DB Commodity Services LLC - Invesco DB Commodity Index Tracking Fund
COMT
BlackRock Institutional Trust Company N.A. - iShares GSCI Commodity Dynamic Roll Strategy ETF
GSG
BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed Trust
BCI
abrdn ETF - abrdn Bloomberg All Commodity Strategy K-1 Free ETF
DJP
Barclays Bank PLC - iPath Bloomberg Commodity Total Return ETN

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSDCI

#DALIO

The Dalio

Category

Classic

Risk Rating

Conservative

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with SDCI using Composer

FAQ

SDCI is a Global Commodities & Metals ETF. The Fund is an actively managed ETF that seeks to maintain substantial economic exposure to the performance of the commodities markets primarily by investing in a wholly-owned Cayman Islands subsidiary of the Fund (the Subsidiary). The Fund will not invest more than 25% of its total assets in the Subsidiary. The Fund s portfolio of futures contracts will generally consist of the commodities futures contracts included in the SDCITR, in proportionally equal weights by notional amount as the SDCITR. The SummerHaven Dynamic Commodity Index Total Return (SDCITR) is a total return commodity sector index designed to broadly represent major commodities and reflect the performance of a fully margined and collateralized portfolio of exchange-traded commodities futures contracts. The SDCITR is based on the notion that commodities with low inventories tend to outperform commodities with high inventories, and that priced-based measures can be used to help assess the current state of commodity inventories.

Yes, SDCI is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, SDCI is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SDCI is -0.0172%. This is the percent change in the value of SDCI over the most recent 1-month period. The 3-month return on SDCI is -0.0231%. This is the percent change in the value of SDCI over the most recent 3-month period.

The standard deviation of SDCI for the past year is 0.2938%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SDCI include CMDY, FAAR, and UCIB.

ETFs correlated to SDCI include USCI, FTGC, and GCC.

ETFs that are inversely correlated to SDCI include SCO, ERY, and DUG.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.