Skip to Content
ETFs

US Commodity Index

USCI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 09 2010
Expense Ratio
1.01%
Type
Global Commodities & Metals
Fund Owner
United States Commodity Funds
Volume (1m avg. daily)
$1,013,667
AUM
$197,287,761
Associated Index
SummerHaven Dynamic Commodity Index Total Return
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
BNY CASH RESERVE
36.48%
n/a
DREY INST PREF GOV MM INST 6546
34.06%
n/a
TREASURY BILL 0 10/12/2023
4.13%
n/a
TREASURY BILL 0 10/26/2023
4.12%
n/a
US DOLLARS
3.81%
n/a
TREASURY BILL 0 11/28/2023
3.59%
n/a
TREASURY BILL 0 11/30/2023
3.59%
n/a
TREASURY BILL 0 12/12/2023
3.58%
n/a
TREASURY BILL 0 1/2/2024
3.57%
n/a
TREASURY BILL 0 12/19/2023
3.07%
Invest with USCI

What is USCI?

The investment objective of USCI is to have the daily changes in percentage terms of the Units net asset value ( NAV ) reflect the daily changes in percentage terms of the Index less USCI s expenses. The Index is comprised of 14 futures contracts that will be selected on a monthly basis from a list of 27 possible futures contracts. The futures contracts that at any given time make up the Index are referred to herein as Benchmark Component Futures Contracts.

ETFs related toUSCI

ETFs correlated to USCI include FTGC, CMDT, DBC

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
CMDT
Pimco Exchange Traded Fund - PIMCO Commodity Strategy Active Exchange-Traded Fund
DBC
DB Commodity Services LLC - Invesco DB Commodity Index Tracking Fund
PDBC
Invesco Capital Management LLC - Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
BCD
abrdn ETF - abrdn Bloomberg All Comm Longer Dt Strategy K-1 Free ETF
COMT
BlackRock Institutional Trust Company N.A. - iShares GSCI Commodity Dynamic Roll Strategy ETF
DJP
Barclays Bank PLC - iPath Bloomberg Commodity Total Return ETN
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
DBO
Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund

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 toUSCI

#SPIRAL

Stoic Finance Presents: Inflation Spiral Hedge

Category

Community

Risk Rating

Aggressive

#ROT

Ride the Oil Trend

Category

Featured, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with USCI using Composer

FAQ

USCI is a Global Commodities & Metals ETF. The investment objective of USCI is to have the daily changes in percentage terms of the Units net asset value ( NAV ) reflect the daily changes in percentage terms of the Index less USCI s expenses. The Index is comprised of 14 futures contracts that will be selected on a monthly basis from a list of 27 possible futures contracts. The futures contracts that at any given time make up the Index are referred to herein as Benchmark Component Futures Contracts.

USCI tracks the SummerHaven Dynamic Commodity Index Total Return.

No, USCI is not actively managed. It is passively 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.

Yes, USCI is passively 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 USCI is 0.0258%. This is the percent change in the value of USCI over the most recent 1-month period. The 3-month return on USCI is 0.1041%. This is the percent change in the value of USCI over the most recent 3-month period.

The standard deviation of USCI for the past year is 0.1564%. 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 USCI include NBCM, UCIB, and CMDY.

ETFs correlated to USCI include FTGC, CMDT, and DBC.

ETFs that are inversely correlated to USCI include SCO, OILD, and ERY.

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.