Key stats
About USCF ETF Trust USCF Energy Commodity Strategy Absolute Return Fund
Home page
Inception date
May 4, 2023
Structure
Open-Ended Fund
Replication method
Synthetic
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 funds 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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Futures
Bonds, Cash & Other100.00%
Cash80.37%
Futures19.63%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
USE last dividends amounted to 10.72 USD. The quarter before, the issuer paid 1.06 USD in dividends, which shows a 90.07% increase.
USE assets under management is 2.42 M USD. It's fallen 1.58% over the last month.
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.
Yes, USE pays dividends to its holders with the dividend yield of 44.44%. The last dividend (Dec 31, 2024) amounted to 10.72 USD. The dividends are paid quarterly.
USE shares are issued by The Marygold Cos, Inc. under the brand USCF Advisers. The ETF was launched on May 4, 2023, and its management style is Active.
USE expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
USE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
USE invests in cash.
USE price has risen by 0.04% over the last month, and its yearly performance shows a −32.68% decrease. See more dynamics on USE price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.31% over the last month, showed a −9.44% decrease in three-month performance and has decreased by −6.92% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.31% over the last month, showed a −9.44% decrease in three-month performance and has decreased by −6.92% in a year.
USE trades at a premium (0.45%) meaning the ETF is trading at a higher price than the calculated NAV.