ECSWX Performance — Embark Commodity Strategy Fund, Institutional Class
Data updated: 2026-09-25
ECSWX returned +22.99% year to date and +36.84% over one year to Jul 2026. Over one year the fund beat its Commodities category average: $100 grew to $137, against $134 for the category. Volatility over the past 12 months was 17.70% a year. In the 12 months to Jul 2026 the fund lost a net $119.5M, and assets reached $3.58B.
ECSWX Growth of $100
What $100 invested in Embark Commodity Strategy Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Commodities category average over the same months.
| Period | ECSWX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $137 | $134 |
| Since data start (Feb 2024 – Jul 2026) | $154 | $171 |
ECSWX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +22.99% |
| 1 year | +36.84% |
| 3 years (annualised) | +18.84% |
ECSWX Annual Returns
Calendar-year total returns of Embark Commodity Strategy Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +22.99% |
| 2025 | +18.65% |
| 2024 (Feb–Dec) | +5.51% |
ECSWX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +9.3% | +2.6% | +10.3% | +4.1% | −2.5% | −8.8% | +7.3% | — | — | — | — | — |
| 2025 | +4.3% | −0.1% | +3.9% | −4.1% | 0.0% | +2.3% | +0.4% | +2.5% | +2.5% | +2.6% | +2.4% | +0.8% |
| 2024 | — | −1.7% | +4.2% | +2.7% | +0.9% | −1.3% | −3.2% | +0.1% | +4.0% | −0.8% | −0.1% | +0.8% |
ECSWX Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 17.70%
- Best month: +10.34% (Mar 2026)
- Worst month: −8.77% (Jun 2026)
ECSWX Fund Flows
Monthly money in and out of Embark Commodity Strategy Fund, from SEC Form N-PORT.
- 12-month net flow: −$119.5M
- 12-month gross sales (incl. reinvestments): $1.2B
- Sales ÷ redemptions: 0.91×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $595.9M | $66.8M | $529.1M |
| Jun 2026 | $23.8M | $52.3M | −$28.4M |
| May 2026 | $22.2M | $88.3M | −$66.1M |
| Apr 2026 | $39.4M | $281.2M | −$241.8M |
| Mar 2026 | $26.2M | $123.4M | −$97.2M |
| Feb 2026 | $39.5M | $48.7M | −$9.2M |
| Jan 2026 | $27.1M | $54.7M | −$27.6M |
| Dec 2025 | $338.9M | $48.6M | $290.3M |
| Nov 2025 | $23.4M | $48.6M | −$25.3M |
| Oct 2025 | $46.2M | $52.6M | −$6.4M |
| Sep 2025 | $26.7M | $45.0M | −$18.3M |
| Aug 2025 | $34.0M | $452.7M | −$418.7M |
ECSWX Assets Under Management
Net assets of Embark Commodity Strategy Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $3.58B |
| 2026-04-30 | $3.32B |
| 2026-01-31 | $3.14B |
| 2025-10-31 | $2.88B |
| 2025-07-31 | $3.13B |
| 2025-04-30 | $3.02B |
| 2025-01-31 | $3.09B |
| 2024-10-31 | $2.92B |
| 2024-07-31 | $2.00B |
| 2024-04-30 | $972.36M |
| 2024-01-31 | $50.65M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.