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COMB vs SDCI

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

COMBANYSE Arca

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund

SDCICNYSE Arca

Overlap

Expense ratio

COMB −0.55pt a year

COMB0.25%SDCI0.80%

Avg volume · 30D

SDCI 8.1×the volume

COMB39.2KSDCI318K

5Y return · a year

SDCI +10.8pt

COMB+10.0%SDCI+20.8%

COMB vs SDCI Performance

Oct 29, 2021 – Oct 30, 2026

+61.1%COMB+157.7%SDCI

Oct 29, 2021 to Oct 30, 2026. COMB +61.1%. SDCI +157.7%. Use the arrow keys to read each point.0%100%Oct 2021Apr 2024Oct 2026
Expense ratio
COMB 0.25%, better
SDCI 0.80%
Fund size
COMB $159M
SDCI $848M
1Y total return
COMB +35.3%
SDCI +39.7%, better
Yield (12M)
COMB 6.88%, better
SDCI 2.61%
Holdings
COMB 28
SDCI 38
Avg volume (30D)
COMB 39.2K sh
SDCI 318K sh, better
NAV per share
COMB $27.90
SDCI $31.22
52W range

ETF.net Grade

COMB: Cost 93, Risk 52, Mission not scored, Tradability 48, Holdings not scored, Durability 30. SDCI: Cost 23, Risk 74, Mission not scored, Tradability 62, Holdings 63, Durability 58.
Pillar letters and Scores for COMB, SDCI, with each pillar’s weight
PillarCOMBSDCI
Cost30% weightA93HigherF23
Mission25% weightNot scoredNot scored
Risk15% weightC52A74Higher
Tradability15% weightC48B62Higher
Holdings10% weightNot scoredB63
Durability5% weightD30B58Higher

Rank among Broad Commodity Futures funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. COMB and SDCI are both graded against the same 21 Broad Commodity Futures funds, so their Grades compare head to head.

Broad Commodity Futures⁠

Category · 21 funds
See all 21 ›

COMB ranks 3rd and SDCI 11th 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
  5. Rank 10CHGERHarbor Commodity All-Weather Strategy ETF (HGER)Score 52
  6. Rank 11CSDCIUSCF SummerHaven Dynamic Commodity Strategy No K-1 FundScore 48
  7. Rank 12CFTGCFirst Trust Global Tactical Commodity Strategy FundScore 47

Our read on each fund

ETF.net Research

COMBAGraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

SDCICUSCF SummerHaven Dynamic Commodity Strategy No K-1 Fund

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.

SDCI Most broad commodity funds hold a fixed, production-weighted basket. SDCI rebuilds every month, keeping the 14 futures showing the deepest backwardation, equally weighted. A roll-yield strategy in a No K-1 wrapper.

Stated mandate

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

SDCI The Fund seeks long-term total return through exposure to a diversified group of commodities, primarily using futures contracts and related instruments.

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.
  • SDCI The index rebuilds monthly, keeping the 14 most backwardated of 27 eligible commodity futures at equal notional weight. It hunts roll yield instead of ranking commodities by production size.sec.gov
  • The rules force all four primary sectors (petroleum, grains, industrial metals, precious metals) into the lineup, so the monthly rotation cannot pile entirely into one corner.sec.gov
  • The name is the structure: a 1940 Act fund rather than a commodity partnership, so holders skip the Schedule K-1 paperwork that older futures funds hand out.
  • Running since 2018 with assets in the hundreds of millions and moderate daily volume, it is an established option rather than a launch-week experiment.

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
  • SDCI At 0.80% a year it sits above the typical broad commodity fund; plain-index rivals such as BCI (0.26%) and CMDY (0.29%) charge a fraction of that.
  • It is actively managed, seeking exposure that corresponds to the SummerHaven index rather than replicating it, so fund and index can part ways.sec.gov
  • Fourteen equal-weight slots and a monthly reshuffle mean sector weights swing widely, and a backwardation screen can leave headline commodities out of the basket.sec.gov

Full COMB profile⁠

Full SDCI profile⁠

COMB vs SDCI Holdings

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 SDCI Cost

Overpaying SDCI vs COMB

$10,187

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

  • COMB 0.25%

    $5,159

  • SDCI 0.80%

    $15,346

$10,000
30 years

Cost over time

  • COMB 0.25%
  • SDCI 0.80%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530SDCI $15,346COMB $5,159

Year by year

YearCOMBSDCIOverpaying
10$455$1,422$967
20$1,769$5,393$3,624
30$5,159$15,346$10,187

Expense ratio

  • 0.25%COMB, cheaper
  • 0.80%SDCI
  • Middle half of Broad Commodity Futures funds
  • Median 0.68%

COMB 2nd cheapest of 21 funds

SDCI 16th cheapest of 21 funds

COMB vs SDCI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
COMB 6.88%, better
SDCI 2.61%
Payout (12M)
COMB $1.91
SDCI $0.81
Last payment
COMB $1.91
SDCI $0.81
Ex-dividend
COMB Dec 29, 2025
SDCI Dec 22, 2025
Paid on
COMB Dec 31, 2025
SDCI Dec 23, 2025
Frequency
COMB Annual
SDCI Annual

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
SDCIAnnual · 19 paymentsAll SDCI payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 26, 2018 $0.02; Sep 25, 2018 $0.05; Dec 26, 2018 $0.05; Mar 26, 2019 $0.05; Jun 25, 2019 $0.05; Sep 25, 2019 $0.04; Dec 26, 2019 $0.03; Mar 26, 2020 $0.03; Sep 27, 2021 $1.78; Dec 28, 2021 $1.78; Oct 12, 2022 $3.15; Dec 13, 2022 $2.91; Dec 27, 2022 $0.04; Mar 21, 2023 $0.09; Jun 20, 2023 $0.17; Sep 19, 2023 $0.13; Dec 19, 2023 $0.21; Dec 27, 2024 $1.15; Dec 22, 2025 $0.81. Use the arrow keys to read each point.$0$52017202020232026YTD

COMB vs SDCI Risk

Fall from peak · 5 years

  • COMB
  • SDCI
Oct 29, 2021 to Oct 30, 2026. Worst fall: COMB −26.5% · May 2023. Use the arrow keys to read each point.−25%−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
COMB 14.2%SDCI 12.9%, better
Return per unit of riskSharpe ratio, 3 years
COMB 0.73SDCI 1.34, better
Worst fallMax drawdown, 5 years
COMB −26.5%SDCI −18.5%, better
Market sensitivityBeta, 5 years
COMB 1.00SDCI 0.81

COMB and SDCI 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
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  • SDCICvsCERYA

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  • COMBAvsCMDYA

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    Expense ratio
    0.25% · 0.29%
    Category
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  • SDCICvsCMDYA

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    Expense ratio
    0.80% · 0.29%
    Category
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  • COMBAvsSDMFB

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    Expense ratio
    0.25% · 0.21%
    Category
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  • SDCICvsSDMFB

    USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund · Simplify DBi CTA Managed Futures Index ETF

    Expense ratio
    0.80% · 0.21%
    Category
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