# USE (USCF Energy Commodity Strategy Absolute Return Fund)

USCF · Commodity ETFs · Single commodity or commodity sector · data as of Oct 9, 2026

USE is actively managed and returned +34.8% over the past year.

## Key facts

- USE, total return, 1 year: +34.8%, as of Oct 9, 2026.
- USE, expense ratio: 0.79%, as of Oct 9, 2026.
- USE, holdings: 1, as of Oct 9, 2026.
- USE, below its high: −3.3%, as of Oct 9, 2026.
- USE, net assets: $3m (issuer page, as of Oct 9, 2026).
- USE, benchmark: Its own holdings, as of Jun 30, 2026; its shareholder report names 2 narrower indexes (Bloomberg Commodity Index Total Return, Bloomberg Energy Subindex Total Return), and does not say which is its benchmark (ETFIQ, from its filings).

## USE over each window to Oct 9, 2026

| Window | Total return | S&P 500 (SPY) | Gap to SPY | Gap to QQQ |
| --- | --- | --- | --- | --- |
| 3 months | +35.0% | +3.4% | +31.6 pts | +31.4 pts |
| 6 months | +20.7% | +15.2% | +5.6 pts | −2.5 pts |
| 1 year | +34.8% | +17.3% | +17.6 pts | +11.2 pts |
| 3 years | +47.6% | +85.8% | −38.2 pts | −59.7 pts |
| Since launch | +82.5% | +100.7% | −18.2 pts | −59.8 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Commodity fund | ETFIQ |
| Category | Commodities · Single commodity or commodity sector | ETFIQ |
| Expense ratio | 0.79% | 485BPOS XBRL, Oct 28, 2025 |
| Price | $36.48 | ETFIQ |
| First traded | May 4, 2023 | ETFIQ |
| Net assets | $3m | issuer page, as of Oct 9, 2026 |
| Benchmark | Its own holdings, as of Jun 30, 2026; its shareholder report names 2 narrower indexes (Bloomberg Commodity Index Total Return, Bloomberg Energy Subindex Total Return), and does not say which is its benchmark | ETFIQ, from its filings |
| Below its high | −3.3% | ETFIQ |
| Holdings | 1 | ETFIQ |
| Top ten weight | 47.5% | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |

## Money in and out, to Oct 9, 2026

| Window | Dates | Net flow |
| --- | --- | --- |
| 1 day | Oct 9, 2026 | $0 |

Daily counts start Oct 6, 2026, so these windows have no daily figure: 1 week, 1 month, 3 months, Year to date, 1 year.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: https://etfiq.com/data/flows/funds/use.json. Method: https://etfiq.com/methodology/flows

## Questions

### How has USE performed?

Over the year to Oct 9, 2026, USE returned +34.8% with distributions reinvested. Over three years the figure is +47.6%.

### What does USE cost?

The prospectus expense ratio is 0.79% a year.

### How far is USE below its high?

3.3% below its high of Sep 15, 2026, measured on the reinvested series to Oct 9, 2026.


## Cite this page

ETFIQ, USE, commodity fund, data as of Oct 9, 2026. https://etfiq.com/funds/use
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/use  ·  JSON: https://etfiq.com/funds/use.json