USCF ETF Trust USCF Energy Commodity Strategy Absolute Return FundUSCF ETF Trust USCF Energy Commodity Strategy Absolute Return FundUSCF ETF Trust USCF Energy Commodity Strategy Absolute Return Fund

USCF ETF Trust USCF Energy Commodity Strategy Absolute Return Fund

No trades
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Key stats


Assets under management (AUM)
‪2.42 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
44.44%
Discount/Premium to NAV
−0.2%
Shares outstanding
‪100.00 K‬
Expense ratio
0.79%

About USCF ETF Trust USCF Energy Commodity Strategy Absolute Return Fund


Brand
USCF Advisers
Inception date
May 4, 2023
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.
USE seeks long-term total return through long, short, or spread positions in energy-related derivatives based on oil, petroleum, and natural gas. The fund may invest in US- and non-US-listed futures, options, swaps, and structured notes directly or indirectly through a wholly-owned Cayman Island Subsidiary, which may not exceed 25% of the fund’s assets at each fiscal quarter end. As such, investors avoid a K-1 form at tax time. Specifically, the fund intends to hold futures contracts, including but not limited to WTI crude oil, Henry Hub natural gas, NY Harbor ultra-low sulfur diesel, RBOB gasoline, Brent crude oil, and gasoil. The portfolio may also include futures based on clean energy sources. The fund adviser, at its discretion, selects contracts of varying maturities using a quantitative proprietary methodology that utilizes technical, fundamental, and economic signals. The fund holds cash, cash equivalents, and US Treasurys to collateralize its derivative investments

Classification


Asset Class
Alternatives
Category
Hedge fund strategies
Focus
Multi-strategy
Niche
Absolute return
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Futures
Bonds, Cash & Other100.00%
Cash81.68%
Futures18.32%
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.

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

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.
USE trades at 24.13 USD today, its price has fallen −0.25% in the past 24 hours. Track more dynamics on USE price chart.
USE net asset value is 24.19 today — it's fallen 3.13% 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.
USE assets under management is ‪2.42 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.
USE price has fallen by −2.96% over the last month, and its yearly performance shows a −34.60% decrease. See more dynamics on USE price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.13% over the last month, showed a −10.79% decrease in three-month performance and has decreased by −10.23% in a year.
USE fund flows account for 0.00 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.
USE invests in cash. See more details in our Analysis section.
USE expense ratio is 0.79%. 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, USE 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, USE technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating USE shows the sell signal. See more of USE technicals for a more comprehensive analysis.
Yes, USE pays dividends to its holders with the dividend yield of 44.44%.
USE trades at a premium (0.25%).
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.
USE shares are issued by The Marygold Cos, Inc.
USE 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 4, 2023.
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.