USCF Dividend Income ETF (UDI) Performance
UDI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +17.0% since Dec 31, 2025
- 1 year
- +22.7% total return
- 3 years
- +20.9% a year
- Since first price
- +13.3% a year since 2022
UDI trailing returns vs SPY, QQQ, AGG
| Period | UDI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.6% | +3.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.2% | +0.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.8% | +6.3% | +7.8% | +8.4% | −1.5% |
| YTD | +17.0% | +14.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +22.7% | +19.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +76.8%+20.9%/yr | +58.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJun 8, 2022 | +72.8%+13.3%/yr | +48.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: UDI vs SPY
From Jun 8, 2022: UDI grew to $17,276, SPY to $19,629.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
UDI returns by calendar year
3 of 3 full years positive. Best 2024 (+17.1%), worst 2023 (+6.4%). 2026 is year to date.
UDI annual returns table
| Year | UDI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +17.0% | −6.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.2% | −14.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +17.1% | −6.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +6.4% | −12.8% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
UDI largest drawdowns
Now 1.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 28, 2025 | −14.2% | Apr 8, 2025 | Jul 1, 2025 | 39 days | 4 months |
| Aug 16, 2022 | −14.1% | Sep 30, 2022 | Nov 21, 2022 | 45 days | 3 months |
| Feb 7, 2023 | −12.8% | Oct 27, 2023 | Dec 14, 2023 | 9 months | 10 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
UDI risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +17.9% | +13.9% |
| Volatility (annualized) | 11.4% | 13.6% |
| Sharpe ratio | 1.13 | 0.72 |
| Sortino ratio | 1.91 | 1.22 |
| Best month | +6.8% | +11.5% |
| Worst month | −5.2% | −7.2% |
| Best 12 months | +33.6% | +33.6% |
| Worst 12 months | +6.7% | −3.1% |
| Positive months | 75% | 65% |
| Beta vs S&P 500 | 0.52 | — |
| Correlation with S&P 500 | 0.57 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
UDI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 41 | −3.1% | +14.2% | +33.6% | 95% |
| 3-year (a year) | 17 | +10.7% | +14.7% | +21.1% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
UDI performance overview
USCF Dividend Income ETF (UDI) returned +22.7% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +13.3% a year, turning $10,000 into about $17,276. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −14.2%, from Feb 28, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. UDI finished 3 of its 3 full calendar years with a gain; the best year was 2024 (+17.1%) and the worst 2023 (+6.4%). Volatility has been 13.6% a year.
Related: UDI chart, UDI holdings, UDI dividends, UDI valuation. See the UDI overview for the latest quote and fund facts.
UDI performance FAQ
What is the UDI return over the past year?
UDI returned +22.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 19.3%.
How much would $10,000 invested in UDI be worth?
$10,000 invested in UDI at its first recorded close on June 8, 2022 would be worth about $17,276 on October 23, 2026 with distributions reinvested.
What was the worst year for UDI?
The worst calendar year was 2023, with a total return of +6.4%. The best was 2024 at +17.1%.
What is the biggest drawdown of UDI?
The largest peak-to-trough decline was −14.2% between February 28, 2025 and April 8, 2025. It recovered to the old high on July 1, 2025, 3 months after the bottom.
How volatile is UDI?
Over the past 3 years UDI had an annualized volatility of 11.4% and a Sharpe ratio of 1.13 (excess return over 1–3 month T-bills per unit of risk).