USCI

United States Commodity Index Fund
C

35
*Unless otherwise stated, data provided by FactSet.

USCI Fund Description

The United States Commodity Index Fund tracks an equal-weighted index of 14 commodity futures contracts selected based on their level of backwardation and price momentum.

USCI Factset Analytics Insight

USCI aims to be the ultimate contango killer. Each month, it picks the 7 commodities with the greatest backwardation (or least contango) and the 7 commodities with the greatest 12-month price momentum, with the caveat that it holds at least one precious metal, industrial metal, energy, livestock, soft, and grain commodity. From there, it equally weights the contract on each commodity with the greatest backwardation or least contango. Accordingly, USCI often bests our benchmark, at least with respect to impact from roll costs. USCI rarely looks like our benchmark, especially given how it often cuts energy severely, but those biases could change any month. USCI trades briskly, with small spreads for retail investors and perfect block liquidity. However, the fund isn't cheap to hold, which is typical of the futures-based commodity ETF space. Tracking can be volatile, and investors should note that USCI issues a K-1 at tax time.

USCI CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 06/18/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
USCI -2.76% 2.68% 2.66% 16.77% -1.63% -4.65% --
USCI (NAV) -3.06% 2.51% 2.55% 16.46% -1.70% -4.66% --
SummerHaven Dynamic Commodity Index Total Return -2.89% 2.94% 3.26% 18.17% -0.08% -3.08% --
S&P GSCI -4.33% 5.50% 5.76% 27.48% -5.49% -10.81% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

USCI Top 10 Holdings [View All]

USCI Summary Data

08/10/10
Commodities Pool
1.03%
$648.46M
$3.13M
0.07%

USCI Portfolio Data

Futures
Optimized
Monthly
--

USCI Index Data

Equal
Technical
S&P GSCI

USCI Portfolio Management

1.03%
-1.75%
-1.38%
-2.07%

USCI Tax Exposures

27.84% / 27.84%
--
Yes

USCI Fund Structure

Commodities Pool
No
N/A
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

USCI Factset Analytics Block Liquidity

As of 06/19/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of USCI. USCI is rated a 5 out of 5.

USCI Tradability

70,597
$3.13M
52,424
$2.35M
0.07%
$0.03
0.01%
0.52% / -0.59%
None
100.00%
50,000
1.05
0.02%
--
--
$43.56
5

USCI SECTOR BREAKDOWN


USCI
Segment Benchmark
42.86%
11.42%
21.43%
6.43%
21.43%
72.35%
7.14%
7.06%
7.14%
2.74%

USCI TOP 10 TARGETED COMMODITY WEIGHTS[View All]

100.84%
8.42%
6.91%
6.90%
6.13%
6.12%
5.39%
5.39%
5.37%
4.62%
156.09%

USCI Tenor Strategy

USCI uses an optimized quantitative rules-based strategy for tenor selection.

USCI Rolling Strategy

USCI is rolled over the course of four days.

USCI Performance Statistics

0.70
0.56
0.40
0.40
0.01%