GCC vs SDMF: Grades, Fees and Holdings Compared

WisdomTree Enhanced Commodity Strategy Fund

GCCCNYSE Arca

Simplify DBi CTA Managed Futures Index ETF

SDMFBNYSE Arca

Overlap

0.0%by weight

Expense ratio

SDMF −0.36pt a year

GCC0.57%SDMF0.21%

Avg volume · 30D

GCC 4.1×the volume

GCC100KSDMF24.2K

GCC vs SDMF Performance

Aug 7, 2026 – Nov 9, 2026

+1.7%GCC+1.6%SDMF

Expense ratio: GCC 0.57%; SDMF 0.21%, better
Fund size: GCC $208M; SDMF $51M
1Y total return: GCC +23.3%; SDMF No data
Yield (12M): GCC 35.85%; SDMF No data
Holdings: GCC 17; SDMF 29
Avg volume (30D): GCC 100K sh, better; SDMF 24.2K sh
NAV per share: GCC $19.05; SDMF $26.27
52W range

ETF.net Grade

Pillar letters and Scores for GCC, SDMF, with each pillar’s weight
Pillar	GCC	SDMF
Cost30% weight	B61	A100Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	C49	B68Higher
Tradability15% weight	B55Higher	D37
Holdings10% weight	D35Higher	D31
Durability5% weight	C49Higher	D30

Rank among Broad Commodity Futures funds

How we build Categories ›

Same Category. GCC and SDMF are both graded against the same 22 Broad Commodity Futures funds, so their Grades compare head to head.

Broad Commodity Futures⁠

Category · 22 funds

See all 22 ›

SDMF ranks 5th and GCC 9th of 22 funds in the Broad Commodity Futures Category.

Rank 3BCOMBGraniteShares Bloomberg Commodity Broad Strategy No K-1 ETFScore 69
Rank 5BSDMFSimplify DBi CTA Managed Futures Index ETFScore 67
Rank 6BBCDabrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETFScore 64
Rank 8CCOMDirexion Auspice Broad Commodity Strategy ETFScore 54
Rank 9CGCCWisdomTree Enhanced Commodity Strategy FundScore 53
Rank 9CPITVanEck Commodity Strategy ETFScore 53

Our read on each fund

ETF.net Research

GCCCWisdomTree Enhanced Commodity Strategy Fund

SDMFBSimplify DBi CTA Managed Futures Index ETF

In short

GCC A broad commodity basket with a trader's touch: energy, agriculture, industrial metals and precious metals, actively rolled along the futures curve, plus prospectus room for a small bitcoin futures sleeve.

SDMF Managed futures without the hedge fund bill. SDMF tracks an index built to replicate what CTA trend funds are actually doing, using a short list of liquid futures markets, for 0.35% a year.

Stated mandate

GCC The fund is actively managed and seeks broad commodity exposure across energy, agriculture, industrial metals, and precious metals, primarily through futures contracts.

SDMF The Fund seeks long-term capital appreciation.

Why people hold it

GCC The manager runs an "enhanced roll": rather than a fixed calendar, it rolls into the contract along the curve it judges better placed for yield.sec.gov
One ticket spans four sectors: Brent and WTI crude, cattle and cocoa, copper and tin, gold and platinum, all held as futures.sec.gov
A 1940 Act fund that routes futures through a Cayman subsidiary capped at 25% of total assets each quarter-end, so tax time brings a 1099, not a partnership K-1.sec.gov
0.57% net of a waiver through December 31, 2026 (0.58% gross), which sits below the category median fee.

SDMF Charges 0.35%, roughly half the typical fee among futures-strategy funds in its group. Cheap shelf space for a strategy that usually arrives with hedge fund pricing.
Rules over hunches: it follows the DBi CTA Managed Futures Index and its advertised 10-factor replication approach, not a trader's discretion.simplify.us
Its cohort is mostly long-only commodity baskets (BCI, CMDY). This one is a managed futures strategy, which can lean either direction across futures markets.
Ordinary 1940 Act ETF plumbing: daily pricing, intraday trading, no lockup or subscription paperwork.

Worth knowing

GCC No index to grade it against. Results hinge on the manager's weighting and roll calls, and the prospectus classifies the fund as non-diversified.sec.gov
You pay for that discretion: index baskets like COMB (0.25%) and BCI (0.26%) cover broad commodities for well under GCC's net fee.
The bitcoin allowance is capped at 5% of net assets and uses futures, never bitcoin itself. A garnish on a commodity portfolio, not a crypto position.wisdomtree.com

SDMF Launched in 2026, so there is no long record here and the risk picture rests on limited history.
A small fund that has traded lightly since launch, so spreads can run wider than the big commodity index names in its category.
The stated goal is long-term capital appreciation, and payouts come once or twice a year at most. Not built as an income stream.

Full GCC profile⁠

Full SDMF profile⁠

GCC vs SDMF Holdings

How GCC and SDMF differ

Overlap by weight

0.0%

Level by level

Holdings0 in both0.0%
Asset classAlternatives100%

Sector

No Sector split for SDMF.

Country, concentration and asset class

Country by domicile

No country split for GCC and SDMF.

Concentration

Weight in the 10 largest Holdings

GCC103.3%
SDMF285.3%

Securities held

GCC8
SDMF26

Asset class

GCC: Alternatives
SDMF: Alternatives

Holdings

Only in GCC8
In both0
Only in SDMF26

Only in GCC

8 securities, 98.9% of GCC by weight

Treasury Bill 0 1/14/202767.89%
Wt Enhanced Commodity Strat Port I18.34%
Wisdomtree Bitcoin Fund4.76%
Wisdomtree Floating Rate Tre4.19%
Low Su Gasoil G DEC261.39%
Lme Pri Alum Futr DEC261.34%
Brent Crude Futr APR270.96%
White Sugar (Ice) MAR270.02%

Only in SDMF

26 securities, 100% of SDMF by weight

US Treasury Note, 2yr68.39%
US Treasury Note57.88%
Trs Dbmfc 080927 Bullet14.91%
Trs Dbmfc 110827 Bullet14.79%
Trs Dbmfnc 060427 Bullet14.74%
Trs Dbmfnc 080927 Bullet12.95%
Gold, 100 oz11.25%
Trs Dbmfnc 051427 Bullet10.42%
Trs Dbmfc 112227 Bullet10.34%
Trs Dbmfc 051427 Bullet10.27%
Trs Dbmfnc 112227 Bullet9.94%
Trs Dbmfnc 043027 Bullet8.35%
Trs Dbmfc 043027 Bullet7.87%
Trs Dbmfnc 092427 Bullet6.80%
Trs Dbmfnc 070127 Bullet5.70%
Trs Dbmfnc 121527 Bullet5.63%
Trs Dbmfnc 060127 Bullet5.31%
Trs Dbmfc 060127 Bullet4.98%
Trs Dbmfc 070127 Bullet4.92%
Trs Dbmfc 031527 Bullet4.11%
Trs Dbmfc 060427 Bullet3.86%
Trs Dbmfc 121527 Bullet3.55%
Trs Dbmfnc 110827 Bullet1.94%
Trs Dbmfnc 102527 Bullet1.61%
Trs Dbmfc 092427 Bullet0.97%
Trs Dbmfc 102527 Bullet0.22%

Weight gaps

GCC and SDMF share no securities.

All 37 GCC holdings⁠All SDMF 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.

GCC vs SDMF Cost

Overpaying GCC vs SDMF

$6,914

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

GCC 0.57%
$11,271
SDMF 0.21%
$4,357

Amount$10,000

Years30 years

Cost over time

GCC 0.57%
SDMF 0.21%
Overpaying

Year by year

Year	GCC	SDMF	Overpaying
10	$1,023	$383	$640
20	$3,921	$1,491	$2,430
30	$11,271	$4,357	$6,914

Expense ratio

0.57%GCC
0.21%SDMF, cheaper

SDMF0.21%GCC0.57%

0.21%1.05%

Middle half of Broad Commodity Futures funds
Median 0.67%

SDMF cheapest of 22 funds

GCC 10th cheapest of 22 funds

GCC vs SDMF Dividends

Last 12 months to Nov 9, 2026

Yield (12M): GCC 35.85%; SDMF No data
Payout (12M): GCC $6.77; SDMF No data
Last payment: GCC $6.45; SDMF $0.10
Ex-dividend: GCC Oct 27, 2026; SDMF Sep 25, 2026
Paid on: GCC Oct 29, 2026; SDMF Sep 30, 2026
Frequency: GCC Annual; SDMF Quarterly

Distribution history

Per share, 2021 to 2026, same scale for both

GCCAnnual · 11 paymentsAll GCC payments⁠

SDMFQuarterly · 2 paymentsAll SDMF payments⁠

GCC vs SDMF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: GCC 11.7%SDMF No data
Return per unit of riskSharpe ratio, 3 years: GCC 1.13SDMF No data
Worst fallMax drawdown, 5 years: GCC −27.2%SDMF No data
Market sensitivityBeta, 5 years: GCC 0.65SDMF 0.27; Market = 1

GCC and SDMF in the news

All news⁠

Top Movers
The biggest fund drop Tuesday was a WisdomTree payout, not a selloff
Oct 27, 2026GCC
New ETFs
Mast lists HXF at 0.80% with HedgeIndex in the name and no index in the mandate
Sep 4, 2026SDMF

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GCC vs SDMF

In short

Stated mandate

Why people hold it

Worth knowing

How GCC and SDMF differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in GCC

Only in SDMF

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

The biggest fund drop Tuesday was a WisdomTree payout, not a selloff

Mast lists HXF at 0.80% with HedgeIndex in the name and no index in the mandate

How GCC and SDMF differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in GCC

Only in SDMF

Weight gaps