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COMB vs HXC

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

COMBANYSE Arca

Investment Managers Series Trust III - Mast Hedgeindex Strategic Commodities ETF

HXCDNYSE Arca

Overlap

Expense ratio

COMB −0.44pt a year

COMB0.25%HXC0.69%

Avg volume · 30D

COMB 1.3×the volume

COMB39.2KHXC30.2K

COMB vs HXC Performance

Sep 30, 2026 – Oct 16, 2026

+2.3%COMB+0.6%HXC

Sep 30, 2026 to Oct 16, 2026. COMB +2.3%. HXC +0.6%. Use the arrow keys to read each point.0%1%1.5%Sep 30Oct 8Oct 16
Expense ratio
COMB 0.25%, better
HXC 0.69%
Fund size
COMB $159M
HXC $32M
1Y total return
COMB +35.3%
HXC No data
Yield (12M)
COMB 6.88%
HXC No data
Holdings
COMB 28
HXC 33
Avg volume (30D)
COMB 39.2K sh, better
HXC 30.2K sh
NAV per share
COMB $27.90
HXC $25.94
52W range

ETF.net Grade

HXC as of

COMB: Cost 93, Risk 52, Mission not scored, Tradability 48, Holdings not scored, Durability 30. HXC: Cost 50, Risk 2, Mission not scored, Tradability 13, Holdings not scored, Durability 2.
Pillar letters and Scores for COMB, HXC, with each pillar’s weight
PillarCOMBHXC
Cost30% weightA93HigherC50
Mission25% weightNot scoredNot scored
Risk15% weightC52HigherF2
Tradability15% weightC48HigherF13
Holdings10% weightNot scoredNot scored
Durability5% weightD30HigherF2

Rank among Broad Commodity Futures funds

How we build Categories ›

Broad Commodity Futures⁠

Category · 21 funds
See all 21 ›

COMB ranks 3rd of 21 funds in the Broad Commodity Futures Category.

  1. Rank 1ACERYState Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETFScore 77
  2. Rank 2ACMDYiShares Bloomberg Roll Select Commodity Strategy ETFScore 69
  3. Rank 3ACOMBGraniteShares Bloomberg Commodity Broad Strategy No K-1 ETFScore 68
  4. Rank 4BSDMFSimplify DBi CTA Managed Futures Index ETFScore 67

Our read on each fund

ETF.net Research

COMBAGraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

HXCDInvestment Managers Series Trust III - Mast Hedgeindex Strategic Commodities ETF

In short

COMB The cheapest ticket in the K-1-free commodity aisle: 0.25% for a broad basket of energy, metals, grain and livestock futures, wrapped so your tax packet is a Form 1099 instead of a Schedule K-1.

HXC No data

Stated mandate

COMB The fund seeks long-term capital appreciation mainly through exposure to commodity futures markets.

HXC No data

Why people hold it

  • COMB At 0.25%, the lowest fee among the category's top-scoring broad commodity funds (BCI 0.26%, CERY 0.28%, CMDY 0.29%, BCD 0.30%) and below the category median.
  • Gains its futures exposure through a wholly owned Cayman subsidiary, so the fund is designed to be taxed like a conventional fund and issue a 1099, not a K-1.sec.gov
  • Benchmarked to the Bloomberg Commodity Index: about 30 positions across energy, metals, agriculture and livestock, with index rules capping any commodity group at 33%.bbhub.io
  • Live since 2017, long enough to have run through a full commodity boom and bust, and it sits in the top quartile of its peer group.

HXC No data

Worth knowing

  • COMB Thinly traded next to the category's household names, so spreads can widen. Matters most on bigger orders.
  • Returns ride the futures curve, not spot prices. Rolling contracts forward can add to or subtract from the move in a commodity's headline price.graniteshares.com
  • Actively managed rather than a strict index clone, with Treasury bills as collateral and cash paid out annually or semiannually, not monthly.graniteshares.com

HXC No data

Full COMB profile⁠

Full HXC profile⁠

COMB vs HXC Holdings

As of
How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

COMB vs HXC Cost

Overpaying HXC vs COMB

$8,270

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • COMB 0.25%

    $5,159

  • HXC 0.69%

    $13,429

$10,000
30 years

Cost over time

  • COMB 0.25%
  • HXC 0.69%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530HXC $13,429COMB $5,159

Year by year

YearCOMBHXCOverpaying
10$455$1,232$777
20$1,769$4,697$2,928
30$5,159$13,429$8,270

Expense ratio

  • 0.25%COMB, cheaper
  • 0.69%HXC
  • Middle half of Broad Commodity Futures funds
  • Median 0.68%

COMB 2nd cheapest of 21 funds

HXC 12th cheapest of 21 funds

COMB vs HXC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
COMB 6.88%
HXC No data
Payout (12M)
COMB $1.91
HXC None
Last payment
COMB $1.91
HXC No data
Ex-dividend
COMB Dec 29, 2025
HXC No data
Paid on
COMB Dec 31, 2025
HXC No data
Frequency
COMB Annual
HXC No data

Distribution history

Per share, 2017 to 2026, same scale for both

COMBAnnual · 9 paymentsAll COMB payments⁠
One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.05; Dec 28, 2018 $0.22; Dec 30, 2019 $0.36; Dec 30, 2020 $0.02; Dec 30, 2021 $4.06; Dec 28, 2022 $6.94; Dec 13, 2023 $1.13; Dec 27, 2024 $0.49; Dec 29, 2025 $1.91. Use the arrow keys to read each point.$0$52017202020232026YTD
HXCAll HXC payments⁠

No distribution history available.

COMB vs HXC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
COMB 14.2%HXC No data
Return per unit of riskSharpe ratio, 3 years
COMB 0.73HXC No data
Worst fallMax drawdown, 5 years
COMB −26.5%HXC No data
Market sensitivityBeta, 5 years
COMB 1.00HXC 0.38

COMB and HXC in the news

All news⁠

Popular comparisons

  • COMBAvsCERYA

    GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF · State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

    Expense ratio
    0.25% · 0.28%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • HXCDvsCERYA

    Investment Managers Series Trust III - Mast Hedgeindex Strategic Commodities ETF · State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

    Expense ratio
    0.69% · 0.28%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • COMBAvsCMDYA

    GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF · iShares Bloomberg Roll Select Commodity Strategy ETF

    Expense ratio
    0.25% · 0.29%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • HXCDvsCMDYA

    Investment Managers Series Trust III - Mast Hedgeindex Strategic Commodities ETF · iShares Bloomberg Roll Select Commodity Strategy ETF

    Expense ratio
    0.69% · 0.29%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • COMBAvsSDMFB

    GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF · Simplify DBi CTA Managed Futures Index ETF

    Expense ratio
    0.25% · 0.21%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • HXCDvsSDMFB

    Investment Managers Series Trust III - Mast Hedgeindex Strategic Commodities ETF · Simplify DBi CTA Managed Futures Index ETF

    Expense ratio
    0.69% · 0.21%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.