ZSB · USCF Sustainable Battery Metals Strategy Fund
ZSB is actively managed and returned +17.7% over the past year.
| Window | Total return | S&P 500 (SPY) | Gap to SPY | Gap to QQQ |
|---|---|---|---|---|
| 3M Jul 10 – Oct 9, 2026 | −6.6% | +3.4% | −9.9 pts | −10.2 pts |
| 6M Apr 10 – Oct 9, 2026 | −8.7% | +15.2% | −23.8 pts | −31.9 pts |
| 1Y Oct 9, 2025 – Oct 9, 2026 | +17.7% | +17.3% | +0.5 pts | −5.9 pts |
| 3Y Oct 10, 2023 – Oct 9, 2026 | +17.6% | +85.8% | −68.2 pts | −89.7 pts |
| Since launch Jan 11, 2023 – Oct 9, 2026 | −12.1% | +106.4% | −118.5 pts | −188.6 pts |
Every column is a total return, dividends reinvested. Source: ETFIQ.
Four ranked ETF lists in one email every Friday morning. Free, with no recommendations. The last note
Money in and out
Daily figures · as of Oct 9, 2026ZSB: in the 4 trading days to Oct 9, 2026, nothing net moved.
Oct 9, 2026
Jul 1, 2025 to Jun 30, 2026
monthly, from SEC filings
Jul 1, 2023 to Jun 30, 2026
monthly, from SEC filings
SEC filings, then daily counts
ZSB, net flow each trading day over the 63 sessions from Jul 14, 2026 to Oct 9, 2026: money came in on 0 days and went out on 0 days, of the 4 days with a daily figure; the other 59 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly figures only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
No money in or out on the 4 days with daily figures; no daily figure for the other 59 of the 63 trading days.
ZSB, net flow each trading day over the 252 sessions from Oct 9, 2025 to Oct 9, 2026: money came in on 0 days and went out on 0 days, of the 4 days with a daily figure; the other 248 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly figures only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
No money in or out on the 4 days with daily figures; no daily figure for the other 248 of the 252 trading days.
ZSB, net flow each trading day over the 400 sessions from Mar 10, 2025 to Oct 9, 2026: money came in on 0 days and went out on 0 days, of the 4 days with a daily figure; the other 396 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly figures only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
No money in or out on the 4 days with daily figures; no daily figure for the other 396 of the 400 trading days.
ETFIQ’s daily counts for ZSB start Oct 6, 2026, so the 1 week, 1 month, 3 months, year to date and 1 year windows have no daily figure; the longer spans are from its SEC filings. Every day and month ETFIQ holds for ZSB, back to Jan 2023, is in its flows file. Flows across every fund · How these flows are computed · Compare ZSB with other funds in the flows tool
How this is computed
Computed by ETFIQ from USCF’s daily figures: each day’s change in shares outstanding times the previous day’s net asset value, dated to the day of the count. Percentages are of net assets at the start of each window. Each figure is net, money in less money out.
Every trading day, last 3 months4 days
Most recent first.
Week by week, last year1 week
Net flow into ZSB each week, Oct 6, 2026 to Oct 9, 2026, most recent first, each week named by its last trading day with a figure. Computed by ETFIQ.
Month by month, money in and money outAug 2023 to Oct 2026
ZSB, money in and money out each month from Aug 2023 to Jun 2026: two bars a month, money in above the line and money out below. Every bar is from ZSB’s SEC filings (N-PORT item B.6). Oct 2026 is still in progress, so it is in the list and not drawn. Of the 36 months listed, money came in on net in 3 and went out in 2.
Every bar is from ZSB’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 3 and went out in 2.
Most recent first.
How this is computed
On a month from SEC Form N-PORT, money in is the filing’s sales plus reinvestments and money out its redemptions. On a month that is the sum of its days, money in sums the days money came in and money out the days it went out.
A month from SEC Form N-PORT is sales and reinvestments less redemptions as filed; a later month is the sum of its days, and says so where a day is missing.
ZSB’s 11 futures contracts, a notional value of 129.3% of its net assets, then its collateral, from its N-PORT for Jun 30, 2026. A contract’s notional is what it is worth at that day’s price, as a share of the fund’s net assets that day. Source: the fund’s SEC filing.
In plain words
Questions people ask about ZSB
- How has ZSB performed?
- Over the year to Oct 9, 2026, ZSB returned +17.7% with distributions reinvested. Over three years the figure is +17.6%.
- What does ZSB cost?
- The prospectus expense ratio is 0.59% a year.
- How far is ZSB below its high?
- 18.1% below its high of Jan 27, 2026, measured on the reinvested series to Oct 9, 2026.
ETFIQ links to the documents behind every figure; a link is not an endorsement.
ETFIQ, ZSB, commodity fund, data as of Oct 9, 2026. https://etfiq.com/funds/zsb
ETFIQ. (Oct 9, 2026). ZSB, commodity fund. Retrieved from https://etfiq.com/funds/zsb
[ZSB, commodity fund (ETFIQ, Oct 9, 2026)](https://etfiq.com/funds/zsb)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.