USCF SummerHaven Dynamic Commodity Strategy No K-1 FundUSCF SummerHaven Dynamic Commodity Strategy No K-1 FundUSCF SummerHaven Dynamic Commodity Strategy No K-1 Fund

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund

No trades
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Key stats


Assets under management (AUM)
‪173.89 M‬USD
Fund flows (1Y)
‪142.06 M‬USD
Dividend yield (indicated)
5.29%
Discount/Premium to NAV
0.10%
Shares outstanding
‪7.97 M‬
Expense ratio
0.64%

About USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund


Brand
USCF Advisers
Inception date
May 3, 2018
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
USCF Advisers LLC
Distributor
ALPS Distributors, Inc.
SDCI is functionally an index-tracking fund despite its active management label. It wants to follow the same benchmark as its sibling fund USCI. From a selection universe of more than twenty commodities, the index chooses seven with the highest degree of backwardation (or lowest contango) and seven more that have shown the greatest 12-month price momentum, with the caveat that the portfolio must have one representation from the following groups: petroleum, grains, industrial metals, and precious metals. For each commodity, the index selects the contract with the greatest backwardation in an attempt to mitigate roll costs. The 14 contracts are equally weighted, with monthly reconstitution and rebalancing. The fund is organized as an open-ended ETF, so does not issue a K-1 at tax time. To avoid regulation as a commodity pool, the fund gets its futures exposure through a Cayman Islands subsidiary, a common workaround in the commodity ETF space.

Broaden your horizons with more funds linked to SDCI via country, focus, and more.

Classification


Asset Class
Commodities
Category
Broad market
Focus
Broad market
Niche
Optimized
Strategy
Optimized commodity
Geography
Global
Weighting scheme
Equal
Selection criteria
Technical
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Futures
Bonds, Cash & Other100.00%
Cash75.95%
Futures19.45%
Government4.60%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SDCI trades at 21.72 USD today, its price has fallen −0.64% in the past 24 hours. Track more dynamics on SDCI price chart.
SDCI net asset value is 21.70 today — it's risen 3.76% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SDCI assets under management is ‪173.89 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SDCI price has risen by 4.62% over the last month, and its yearly performance shows a 10.48% increase. See more dynamics on SDCI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.76% over the last month, showed a 2.54% increase in three-month performance and has increased by 17.81% in a year.
SDCI fund flows account for ‪142.06 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SDCI invests in cash. See more details in our Analysis section.
SDCI expense ratio is 0.64%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SDCI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SDCI technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SDCI shows the buy signal. See more of SDCI technicals for a more comprehensive analysis.
Yes, SDCI pays dividends to its holders with the dividend yield of 5.29%.
SDCI trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SDCI shares are issued by The Marygold Cos, Inc.
SDCI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 3, 2018.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.