NBCM vs SDCI: how they differ

NBCM and SDCI hold 0% of their weight in the same names, and NBCM returned +43.3% over the year. Neuberger Commodity Strategy ETF and USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund.

SDCI costs 0.05 points a year less; their one-year returns differ by 1.3 points; SDCI is 1.9 times larger.

NBCMSDCI
Expense ratio0.65%0.60%
Net assets, NBCM as of May 31, 2026 and SDCI as of Oct 9, 2026$425m$814m
Total return, 1 year+43.3%+42.0%
Holdings in common0%

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

+43.3%
NBCM total return, 1 year
+42.0%
SDCI total return, 1 year
0.65%
NBCM expense ratio
0.60%
SDCI expense ratio

What they hold in common

By the books each fund has filed, NBCM and SDCI hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jun 30, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding NBCM SDCI
Only in NBCM
US BANK NA CINCINNATI 1.92%
MORGAN STANLEY BANK NA 1.68%
MERCK & CO INC 1.59%
JPMORGAN CHASE & CO 1.54%
BANK OF AMERICA CORP 1.40%
BANK OF NY MELLON CORP 1.37%
ENTERPRISE PRODUCTS OPER 1.22%
ABBOTT LABORATORIES 1.20%
Only in SDCI
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 7.99%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 6.99%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 5.69%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 3.80%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 3.79%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 3.77%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 2.83%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 2.28%

On the same fields

NBCM
Neuberger Commodity Strategy ETF
SDCI
USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund
Where it sits Commodity ETF Commodity ETF
What it is Actively managed Actively managed
Total return, 1 year +43.3% +42.0%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 +26.1 pts +24.7 pts
Expense ratio 0.65% 0.60%
Holdings 149 19
Net assets, NBCM as of May 31, 2026 and SDCI as of Oct 9, 2026 $425m $814m

NBCM and SDCI on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

NBCM in plain words

NBCM is actively managed and tracks no index. The prospectus expense ratio is 0.65% a year.

Over the year to Oct 9, 2026 it returned +43.3% with distributions reinvested, against +40.2% for its benchmark, the Bloomberg Commodity Index.

SDCI in plain words

SDCI is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +42.0% with distributions reinvested. The prospectus expense ratio is 0.60% a year.

Questions people ask

Which returned more over the last year, NBCM or SDCI?
In the year to Oct 9, 2026, with distributions reinvested, NBCM returned +43.3% and SDCI +42.0%.
Which is cheaper, NBCM or SDCI?
SDCI is cheaper, by 0.05 percentage points a year. On $10,000 held for a year that difference is about $5. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Cite this page

ETFIQ, NBCM against SDCI, data as of Oct 9, 2026. https://etfiq.com/compare/any/nbcm-vs-sdci

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.