# United States Commodity Index Fund, LP (USCI)

> Source: Nexqual · https://nexqual.com/USCI · data as of 2026-10-23 19:59 UTC · cite as "Nexqual, United States Commodity Index Fund, LP (USCI), nexqual.com/USCI" · informational, not investment advice.

**Price:** USD 112.22 (+1.28% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 110.81 · day 111.8–112.26 · 52w 76.24–112.26 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y +42.7% vs S&P 500 +13.4%; 5Y +157.0% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $34.1M | -$68.9M | -$4.2M | -$16.6M | — | — |
| Net income | $28.6M | -$74.9M | -$8.1M | -$18.1M | $75.3M | $150M |
| Net margin | 84.0% | 108.8% | 192.0% | 109.6% | — | — |
| Revenue growth | +469.1% | -302.2% | +93.8% | -290.4% | — | — |
| Cash + short-term investments | $476M | $439M | $170M | — | — | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Mar 31, 2022)


## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +42.7% | +157.0% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +42.9% | +20.8% |
| Volatility (annualized) | 17.6% | 17.0% |
| Max drawdown | -11.2% (May 2026→Jun 2026) | -17.0% (Jun 2022→Sep 2022) |

## Peers
GCC (WisdomTree EnhancedContinuous C) USD 26.61 +0.95% · KBA (KraneShares Bosera MSCI China A) USD 28.81 +1.10% · DJP (iPath Bloomberg Commodity Index) USD 52.41 +0.77% · SYLD (Cambria Shareholder Yield ETF) USD 85.33 -0.59% · GSG (iShares GSCI Commodity-Indexed ) USD 37.7 +1.92%

## More
Full page: https://nexqual.com/USCI · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt