MXI vs USCI

Comparison between ISHARES GLOBAL MATERIALS ETF (MXI, ETF) and United States Commodity Index Fund (USCI, ETF).

5-Year PerformanceUSCI has outperformed MXI, delivering a return of +20.3% compared to +6.4%

MXI vs USCI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MXI(ETF)	USCI(ETF)
Net Assets	$340M	$337M
Expense Ratio	0.39%	1.05%
Max Drawdown	68.65%	66.41%
Sharpe Ratio	0.95	1.65
5Y Beta	0.82	0.17
5Y Dividends CAGR	9.33%	N/A

Net Assets

Winner

MXI

$340M

USCI

$337M

Expense Ratio

Winner

MXI

0.39%

USCI

1.05%

Max Drawdown

MXI

68.65%

Winner

USCI

66.41%

Sharpe Ratio

MXI

0.95

Winner

USCI

1.65

5Y Beta

MXI

0.82

Winner

USCI

0.17

5Y Dividends CAGR

MXI

9.33%

USCI

N/A

MXI vs USCI - Historical Returns

Returns include dividend reinvestment.

Period	MXI	USCI
1 month	-4.42%	+9.49%
3 months	-4.50%	+5.23%
6 months	-0.10%	+23.25%
1 year	+22.31%	+34.58%
5 years(CAGR)	+6.42%	+20.32%
10 years(CAGR)	+10.48%	+9.28%
Max(CAGR)	+6.38%	+4.53%

MXI

-4.42%

Winner

USCI

+9.49%

MXI

-4.50%

Winner

USCI

+5.23%

MXI

-0.10%

Winner

USCI

+23.25%

MXI

+22.31%

Winner

USCI

+34.58%

5Y(CAGR)

MXI

+6.42%

Winner

USCI

+20.32%

10Y(CAGR)

Winner

MXI

+10.48%

USCI

+9.28%

Max(CAGR)

Winner

MXI

+6.38%

USCI

+4.53%

MXI vs USCI - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	MXI	USCI
2026	+8.06%	+31.01%
2025	+27.65%	+16.65%
2024	-7.48%	+16.99%
2023	+14.37%	+1.79%
2022	-8.61%	+28.52%
2021	+13.65%	+32.17%
2020	+22.08%	-11.95%
2019	+22.32%	-1.39%
2018	-17.31%	-12.54%
2017	+29.31%	+6.94%
2016	+25.67%	-0.22%
2015	-16.71%	-15.90%
2014	-7.30%	-12.99%
2013	-0.41%	-4.82%
2012	+7.02%	-2.58%
2011	-20.83%	-9.69%
2010	+16.37%	+28.71%
2009	+56.48%	N/A
2008	-48.27%	N/A
2007	+39.00%	N/A
2006	+16.65%	N/A

MXI vs USCI Drawdown Comparison

The maximum drawdown for MXI was -68.44%, occurring on Nov 20, 2008. Recovery took 2431 trading sessions.

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

The current MXI drawdown is -9.22%. The current USCI drawdown is -1.16%.

Rank	MXI	USCI
#1	-68.44% May 19, 2008 - Jan 12, 2018	-66.41% Apr 8, 2011 - Apr 1, 2025
#2	-39.50% Jan 26, 2018 - Aug 17, 2020	-12.01% Apr 2, 2025 - Jun 13, 2025
#3	-28.72% Apr 1, 2022 - Mar 20, 2024	-11.19% May 12, 2026 - Jun 24, 2026
#4	-22.25% Sep 26, 2024 - Sep 5, 2025	-8.73% Jan 29, 2026 - Mar 5, 2026
#5	-18.11% Oct 29, 2007 - Apr 16, 2008	-8.31% Mar 4, 2011 - Apr 8, 2011
#6	-17.47% Jul 23, 2007 - Sep 21, 2007	-7.75% Nov 10, 2010 - Dec 13, 2010
#7	-16.18% Feb 27, 2026 - Mar 20, 2026	-4.54% Jun 18, 2025 - Aug 22, 2025
#8	-11.52% May 7, 2021 - Mar 25, 2022	-3.87% Nov 11, 2025 - Jan 12, 2026
#9	-9.16% Feb 26, 2007 - Mar 21, 2007	-3.69% Feb 17, 2011 - Mar 2, 2011
#10	-8.99% May 20, 2024 - Sep 24, 2024	-3.57% Mar 20, 2026 - Mar 27, 2026
#11	-8.16% Sep 15, 2020 - Nov 6, 2020	-3.54% Sep 16, 2025 - Oct 23, 2025
#12	-7.95% Jan 7, 2021 - Mar 11, 2021	-2.72% Aug 17, 2010 - Sep 2, 2010
#13	-5.69% Oct 12, 2007 - Oct 29, 2007	-2.62% Oct 14, 2010 - Oct 25, 2010
#14	-5.56% Oct 20, 2025 - Nov 12, 2025	-2.46% Apr 16, 2026 - Apr 22, 2026
#15	-5.44% Nov 12, 2025 - Nov 28, 2025	-2.33% May 5, 2026 - May 11, 2026