USE vs PCR

Comparison between USCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND (USE, ETF) and Simplify VettaFi Private Credit Strategy ETF (PCR, ETF).

USE vs PCR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USE(ETF)	PCR(ETF)
Net Assets	$2.60M	$2.60M
Expense Ratio	0.79%	0.76%
Max Drawdown	48.57%	24.18%
Sharpe Ratio	0.97	-1.43
5Y Beta	0.06	0.68

Net Assets

USE

$2.60M

PCR

$2.60M

Expense Ratio

USE

0.79%

Winner

PCR

0.76%

Max Drawdown

USE

48.57%

Winner

PCR

24.18%

Sharpe Ratio

Winner

USE

0.97

PCR

-1.43

5Y Beta

Winner

USE

0.06

PCR

0.68

USE vs PCR - Historical Returns

Returns include dividend reinvestment.

Period	USE	PCR
1 month	-6.39%	-6.55%
3 months	+24.61%	-0.59%
6 months	+44.79%	-13.94%
1 year	+32.57%	N/A
Max(CAGR)	+16.65%	-22.52%

Winner

USE

-6.39%

PCR

-6.55%

Winner

USE

+24.61%

PCR

-0.59%

Winner

USE

+44.79%

PCR

-13.94%

USE

+32.57%

PCR

N/A

Max(CAGR)

Winner

USE

+16.65%

PCR

-22.52%

USE vs PCR - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	USE	PCR
2026	+39.24%	-10.99%
2025	-16.24%	-5.74%
2024	+24.69%	N/A
2023	+10.03%	N/A

USE vs PCR Drawdown Comparison

The maximum drawdown for USE was -26.27%, occurring on Feb 2, 2026. Recovery took 357 trading sessions.

The maximum drawdown for PCR was -20.08%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current USE drawdown is -9.74%. The current PCR drawdown is -16.31%.

Rank	USE	PCR
#1	-26.27% Oct 7, 2024 - Mar 12, 2026	-20.08% Sep 23, 2025 - Mar 27, 2026
#2	-18.84% Oct 19, 2023 - Mar 19, 2024	N/A
#3	-12.99% Jul 5, 2024 - Oct 7, 2024	N/A
#4	-10.49% May 19, 2026 - May 27, 2026	N/A
#5	-9.89% Apr 15, 2024 - Jun 20, 2024	N/A
#6	-8.25% May 24, 2023 - Jul 7, 2023	N/A
#7	-8.00% Mar 30, 2026 - Apr 23, 2026	N/A
#8	-7.90% Sep 27, 2023 - Oct 19, 2023	N/A
#9	-7.63% Apr 29, 2026 - May 19, 2026	N/A
#10	-6.02% Mar 20, 2026 - Mar 30, 2026	N/A
#11	-3.58% Aug 4, 2023 - Aug 31, 2023	N/A
#12	-3.26% May 9, 2023 - May 17, 2023	N/A
#13	-3.18% Jul 13, 2023 - Jul 24, 2023	N/A
#14	-2.16% Mar 13, 2026 - Mar 17, 2026	N/A
#15	-1.90% Mar 18, 2026 - Mar 20, 2026	N/A

Correlation

Correlation between USE and PCR is -0.50 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.50

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