SDCI Performance — USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund
Data updated: 2026-09-11
SDCI returned +19.54% year to date and +26.60% over one year to Jun 2026. Annualised returns are +20.42% over 3 years and +18.73% over 5 years. Against its Commodities category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $175, against $165 for the category, and to $127 over one year, against $130. Volatility over the past three years was 12.60% a year. In the 12 months to Jun 2026 the fund took in a net $291.0M, and assets reached $525.69M.
SDCI Growth of $100
What $100 invested in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Commodities category average over the same months.
| Period | SDCI | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $127 | $130 |
| 3 years (Jul 2023 – Jun 2026) | $175 | $165 |
| 5 years (Jul 2021 – Jun 2026) | $236 | $171 |
| Since data start (Jan 2020 – Jun 2026) | $265 | $202 |
SDCI Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +19.54% |
| 1 year | +26.60% |
| 3 years (annualised) | +20.42% |
| 5 years (annualised) | +18.73% |
SDCI Annual Returns
Calendar-year total returns of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +19.54% |
| 2025 | +17.68% |
| 2024 | +17.98% |
| 2023 | +0.67% |
| 2022 | +31.25% |
| 2021 | +36.03% |
| 2020 | −11.08% |
SDCI 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 | +8.8% | +1.5% | +11.6% | +4.6% | −2.0% | −5.3% | — | — | — | — | — | — |
| 2025 | +4.4% | −0.3% | +5.0% | −4.5% | +1.0% | +5.4% | +1.6% | +3.0% | +1.7% | +0.4% | +0.6% | −1.4% |
| 2024 | +3.4% | −1.1% | +6.1% | +1.3% | +0.4% | +0.5% | −1.8% | −0.3% | +2.4% | +0.7% | +3.4% | +1.9% |
| 2023 | +0.4% | −4.0% | +0.3% | +0.5% | −4.5% | +3.1% | +9.5% | +0.3% | +0.4% | 0.0% | −1.1% | −3.5% |
| 2022 | +9.7% | +4.8% | +11.4% | +7.5% | +1.0% | −8.1% | 0.0% | +1.0% | −6.8% | +4.0% | +3.6% | +1.2% |
| 2021 | +2.5% | +10.3% | −2.1% | +10.3% | +3.2% | +0.2% | +0.8% | −1.7% | +2.3% | +6.5% | −7.1% | +7.3% |
| 2020 | −10.3% | −6.0% | −16.0% | −0.9% | +2.7% | −0.1% | +8.6% | +6.4% | −3.2% | 0.0% | +4.1% | +6.1% |
SDCI Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.60%
- 3-year Sharpe ratio: 1.26 (vs 4.5% risk-free rate)
- Best month: +11.62% (Mar 2026)
- Worst month: −5.31% (Jun 2026)
SDCI Fund Flows
Monthly money in and out of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund, from SEC Form N-PORT.
- 12-month net flow: $291.0M
- 12-month gross sales (incl. reinvestments): $369.9M
- Sales ÷ redemptions: 4.69×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $17.3M | $51.9M | −$34.6M |
| May 2026 | $43.7M | $0 | $43.7M |
| Apr 2026 | $20.7M | $2.7M | $17.9M |
| Mar 2026 | $32.6M | $1.3M | $31.3M |
| Feb 2026 | $34.7M | $3.5M | $31.2M |
| Jan 2026 | $89.7M | $2.2M | $87.5M |
| Dec 2025 | $15.4M | $10.4M | $5.0M |
| Nov 2025 | $13.8M | $2.9M | $11.0M |
| Oct 2025 | $30.9M | $4.0M | $27.0M |
| Sep 2025 | $26.8M | $0 | $26.8M |
| Aug 2025 | $13.7M | $0 | $13.7M |
| Jul 2025 | $30.6M | $0 | $30.6M |
SDCI Assets Under Management
Net assets of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $525.69M |
| 2026-03-31 | $519.25M |
| 2025-12-31 | $281.90M |
| 2025-09-30 | $250.21M |
| 2025-06-30 | $166.22M |
| 2025-03-31 | $151.16M |
| 2024-12-31 | $31.57M |
| 2024-09-30 | $24.76M |
| 2024-06-28 | $22.28M |
| 2024-03-28 | $15.64M |
| 2023-12-29 | $11.79M |
| 2023-09-29 | $10.18M |
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.