HIO vs USCI

Comparison between Western Asset High Income Opportunity Fund Inc (HIO, ETF) and United States Commodity Index Fund (USCI, ETF).

5-Year PerformanceUSCI has outperformed HIO, delivering a return of +18.6% compared to +2.6%

HIO vs USCI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HIO(ETF)	USCI(ETF)
Net Assets	$373M	$371M
Expense Ratio	N/A	1.05%
Max Drawdown	68.83%	66.41%
Sharpe Ratio	0.07	1.03
5Y Beta	0.36	0.17
5Y Dividends CAGR	3.83%	N/A

Net Assets

Winner

HIO

$373M

USCI

$371M

Expense Ratio

HIO

N/A

USCI

1.05%

Max Drawdown

HIO

68.83%

Winner

USCI

66.41%

Sharpe Ratio

HIO

0.07

Winner

USCI

1.03

5Y Beta

HIO

0.36

Winner

USCI

0.17

5Y Dividends CAGR

HIO

3.83%

USCI

N/A

HIO vs USCI - Historical Returns

Returns include dividend reinvestment.

Period	HIO	USCI
1 month	+0.28%	-6.88%
3 months	+3.25%	+0.78%
6 months	+2.83%	+17.65%
1 year	+3.47%	+25.00%
5 years(CAGR)	+2.63%	+18.61%
10 years(CAGR)	+5.92%	+8.08%
Max(CAGR)	+6.07%	+3.95%

Winner

HIO

+0.28%

USCI

-6.88%

Winner

HIO

+3.25%

USCI

+0.78%

HIO

+2.83%

Winner

USCI

+17.65%

HIO

+3.47%

Winner

USCI

+25.00%

5Y(CAGR)

HIO

+2.63%

Winner

USCI

+18.61%

10Y(CAGR)

HIO

+5.92%

Winner

USCI

+8.08%

Max(CAGR)

Winner

HIO

+6.07%

USCI

+3.95%

HIO vs USCI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HIO	USCI
2026	+3.50%	+19.66%
2025	+4.24%	+16.65%
2024	+11.22%	+16.99%
2023	+9.15%	+1.79%
2022	-16.61%	+28.52%
2021	+13.00%	+32.17%
2020	+6.07%	-11.95%
2019	+22.81%	-1.39%
2018	-8.66%	-12.54%
2017	+7.03%	+6.94%
2016	+17.18%	-0.22%
2015	-5.50%	-15.90%
2014	-3.52%	-12.99%
2013	-2.90%	-4.82%
2012	+12.31%	-2.58%
2011	+9.77%	-9.69%
2010	+11.29%	+28.71%
2009	+61.70%	N/A
2008	-26.06%	N/A
2007	-2.65%	N/A
2006	+22.13%	N/A
2005	-1.20%	N/A
2004	+2.18%	N/A
2003	+24.35%	N/A
2002	-7.05%	N/A
2001	-1.23%	N/A
2000	+11.80%	N/A
1999	-3.82%	N/A

HIO vs USCI Drawdown Comparison

The maximum drawdown for HIO was -49.61%, occurring on Nov 20, 2008. Recovery took 554 trading sessions.

The maximum drawdown for USCI was -66.41%, occurring on Mar 18, 2020. Recovery took 3515 trading sessions.

The current HIO drawdown is -1.89%. The current USCI drawdown is -9.73%.

Rank	HIO	USCI
#1	-49.61% Jun 1, 2007 - Aug 12, 2009	-66.41% Apr 8, 2011 - Apr 1, 2025
#2	-40.57% Feb 20, 2020 - Aug 24, 2020	-12.01% Apr 2, 2025 - Jun 13, 2025
#3	-32.15% Feb 15, 2001 - Jun 12, 2003	-9.73% May 12, 2026 - Jun 22, 2026
#4	-26.19% Sep 9, 2021 - Sep 16, 2024	-8.73% Jan 29, 2026 - Mar 5, 2026
#5	-20.75% Jun 18, 2014 - Aug 18, 2016	-8.31% Mar 4, 2011 - Apr 8, 2011
#6	-16.72% Jan 20, 2004 - Nov 4, 2004	-7.75% Nov 10, 2010 - Dec 13, 2010
#7	-15.95% Jul 31, 2000 - Jan 10, 2001	-4.54% Jun 18, 2025 - Aug 22, 2025
#8	-15.05% May 12, 2011 - Jan 13, 2012	-3.87% Nov 11, 2025 - Jan 12, 2026
#9	-13.29% Mar 7, 2025 - Jul 1, 2025	-3.69% Feb 17, 2011 - Mar 2, 2011
#10	-13.25% Jan 2, 2018 - Jan 31, 2019	-3.57% Mar 20, 2026 - Mar 27, 2026
#11	-12.80% May 22, 2013 - May 8, 2014	-3.54% Sep 16, 2025 - Oct 23, 2025
#12	-11.36% Sep 24, 2012 - Jan 10, 2013	-2.72% Aug 17, 2010 - Sep 2, 2010
#13	-11.31% Apr 26, 2010 - Aug 9, 2010	-2.62% Oct 14, 2010 - Oct 25, 2010
#14	-10.95% Jun 13, 2003 - Dec 31, 2003	-2.46% Apr 16, 2026 - Apr 22, 2026
#15	-10.61% Nov 5, 1999 - May 31, 2000	-2.33% May 5, 2026 - May 11, 2026