USE Performance — USCF Energy Commodity Strategy Absolute Return Fund
Data updated: 2026-09-11
USE returned +13.98% year to date and −0.71% over one year to Jun 2026. The annualised 3-year return is +8.19%. The fund trailed its Commodities category average: $100 invested three years ago grew to $127, against $165 for the category, and to $99 over one year, against $130. Volatility over the past three years was 32.73% a year. In the 12 months to Jun 2026 the fund took in a net $29K, and assets reached $2.61M.
USE Growth of $100
What $100 invested in USCF Energy Commodity Strategy Absolute Return Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Commodities category average over the same months.
| Period | USE | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $99 | $130 |
| 3 years (Jul 2023 – Jun 2026) | $127 | $165 |
| Since data start (May 2023 – Jun 2026) | $130 | $161 |
USE Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +13.98% |
| 1 year | −0.71% |
| 3 years (annualised) | +8.19% |
USE Annual Returns
Calendar-year total returns of USCF Energy Commodity Strategy Absolute Return Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +13.98% |
| 2025 | −14.88% |
| 2024 | +22.06% |
| 2023 (May–Dec) | +10.14% |
USE 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 | −2.7% | +2.9% | +34.3% | +12.2% | −8.1% | −17.8% | — | — | — | — | — | — |
| 2025 | +4.2% | −6.2% | +6.4% | −13.4% | −3.1% | +12.0% | +9.3% | −1.6% | −1.2% | −12.8% | −6.2% | +0.2% |
| 2024 | +6.3% | +5.1% | +7.7% | +0.7% | −4.0% | +9.1% | +1.2% | −2.5% | −4.8% | +0.3% | −3.8% | +6.0% |
| 2023 | — | — | — | — | −0.5% | +3.5% | +14.9% | +1.6% | +5.5% | −4.8% | +2.7% | −11.2% |
USE Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 32.73%
- 3-year Sharpe ratio: 0.11 (vs 4.5% risk-free rate)
- Best month: +34.28% (Mar 2026)
- Worst month: −17.77% (Jun 2026)
USE Fund Flows
Monthly money in and out of USCF Energy Commodity Strategy Absolute Return Fund, from SEC Form N-PORT.
- 12-month net flow: $29K
- 12-month gross sales (incl. reinvestments): $3.7M
- Sales ÷ redemptions: 1.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $788K | $0 | $788K |
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $2.9M | $3.6M | −$759K |
| Feb 2026 | $0 | $0 | $0 |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $0 | $0 | $0 |
USE Assets Under Management
Net assets of USCF Energy Commodity Strategy Absolute Return Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.61M |
| 2026-03-31 | $2.31M |
| 2025-12-31 | $2.29M |
| 2025-09-30 | $2.88M |
| 2025-06-30 | $2.71M |
| 2025-03-31 | $2.88M |
| 2024-12-31 | $2.77M |
| 2024-09-30 | $3.76M |
| 2024-06-28 | $4.01M |
| 2024-03-28 | $3.80M |
| 2023-12-29 | $3.16M |
| 2023-09-29 | $3.76M |
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.