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USG vs NBCM

USCF Gold Strategy Plus Income Fund vs Neuberger Commodity Strategy ETF

USG

USCF Gold Strategy Plus Income Fund

Annual cost

0.45%

Fund size

$12M

NBCM

Neuberger Commodity Strategy ETF

Annual cost

0.65%

Fund size

$425M

Key differences

Both USG and NBCM are alternative ETFs. USG charges 0.45% a year and NBCM 0.65%. The main difference: USG follows a option income strategy; NBCM uses multi strategy.

  • USG follows a option income strategy; NBCM uses multi strategy.
  • USG costs 0.20% less per year.
  • NBCM is much larger than USG. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, USG has delivered higher annualized returns.
  • NBCM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

USGNBCM
Annual cost (TER)0.45%0.65%
Fund size (AUM)$12M$425M
Since20212012
Dividend yield26.20%6.60%
Asset classalternativealternative
Regionnorth america
Strategyoption incomemulti strategy
CAGR 1Y+22.6%+39.9%
CAGR 3Y+25.6%+18.3%
CAGR 5YN/AN/A
Sharpe 3Y1.180.97
Volatility 1Y23.47%17.60%
Max drawdown-18.45%-12.85%

Similar to USG and NBCM