PIT vs USCI: Differences, Returns & Fees

PIT is an actively managed commodity fund and USCI a commodity futures fund, and over the year PIT returned +66.9% against +43.7%. Net assets: $477m on Oct 13, 2026 for VanEck Commodity Strategy ETF, and $419m on Oct 14, 2026 for United States Commodity Index Fund ETV.

PIT costs 0.50 points a year less; their one-year returns differ by 23.2 points; PIT is 1.2 times larger.

PIT vs USCI: Differences, Returns & Fees
PITUSCI
Expense ratio0.55%1.05%
Net assets$483m$419m
Total return, 1 year+66.9%+43.7%
What it tracksNo index, actively managedBroad futures
Holdings in commonnot published
+66.9%
PIT total return, 1 year
+43.7%
USCI total return, 1 year
0.55%
PIT expense ratio
1.05%
USCI expense ratio
Client brief · page 1 of 2Report BR-B8C9E75223

PIT and USCI are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. PIT follows No index, actively managed and USCI follows Broad futures.
  2. One-year total return. Over 1 year to Oct 14, 2026 PIT returned +66.9% and USCI +43.7% with distributions reinvested, a gap of 23.2 points.
  3. Cost. PIT charges 0.55% of assets a year and USCI 1.05%, a gap of 0.50 points.

Data as of Oct 14, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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On the same fields

PIT
VanEck Commodity Strategy ETF
USCI
United States Commodity Index Fund ETV
Where it sits Commodity ETF Commodity ETF
Issuer VanEck USCF
What it is Actively managed Holds broad futures
Total return, 1 year +66.9% +43.7%
Expense ratio 0.55% 1.05%
Holdings 32 not read by ETFIQ
Net assets, PIT as of Oct 13, 2026 and USCI as of Oct 14, 2026 $477m $419m

PIT and USCI on the fields both publish, as of Oct 14, 2026. Source: ETFIQ.

About PIT

PIT is actively managed and tracks no index. Over the year to Oct 14, 2026 it returned +66.9% with distributions reinvested. The prospectus expense ratio is 0.55% a year.

About USCI

USCI holds broad futures. Over the year to Oct 14, 2026 it returned +43.7% with distributions reinvested. The prospectus expense ratio is 1.05% a year.

Questions people ask

Which returned more over the last year, PIT or USCI?
In the year to Oct 14, 2026, with distributions reinvested, PIT returned +66.9% and USCI +43.7%.
Which is cheaper, PIT or USCI?
PIT is cheaper, by 0.50 percentage points a year. That is about $50 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, PIT against USCI, data as of Oct 14, 2026. https://etfiq.com/compare/any/pit-vs-usci

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