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USE vs NBCM

USCF Energy Commodity Strategy Absolute Return Fund vs Neuberger Commodity Strategy ETF

USE

USCF Energy Commodity Strategy Absolute Return Fund

Annual cost

0.79%

Fund size

$2M

NBCM

Neuberger Commodity Strategy ETF

Annual cost

0.65%

Fund size

$425M

Key differences

Both USE and NBCM are alternative ETFs. USE charges 0.79% a year and NBCM 0.65%. The main difference: NBCM costs 0.14% less per year.

  • NBCM costs 0.14% less per year.
  • NBCM is much larger than USE. Larger funds are usually more liquid and less likely to close.
  • NBCM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

USENBCM
Annual cost (TER)0.79%0.65%
Fund size (AUM)$2M$425M
Since20232012
Dividend yield2.21%6.60%
Asset classalternativealternative
Region
Strategymulti strategymulti strategy
CAGR 1Y+34.1%+39.9%
CAGR 3Y+17.5%+18.3%
CAGR 5YN/AN/A
Sharpe 3Y0.600.97
Volatility 1Y31.73%17.60%
Max drawdown-26.24%-12.85%

Similar to USE and NBCM