- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1990 N. California Boulevard, Suite 940 Walnut Creek CA United States of America 94596
- IPO Date
- Aug 9, 2023
- Business
- USCF ETF Trust - USCF Sustainable Commodity Strategy Fund (ZSC) is an actively managed exchange-traded fund that seeks total return by providing broad exposure to commodities across three sustainability-focused themes: agriculture, renewable energy, and electrification. The Fund invests primarily in commodity derivative instruments, such as futures contracts, and equity securities of issuers economically tied to particular commodities, with exposure to each theme approximately equally weighted; these include grain crops and oilseeds (soybeans, hemp, nuts, legumes), cotton, sugar, and coffee for agriculture; renewable energy certificates, credits, and equities of companies in wind, solar, water, and biomass production for renewable energy; and industrial, precious, and rare earth metals like aluminum, cobalt, copper, graphite, iron ore, lithium, nickel, silver, and zinc for electrification. To mitigate the carbon-intensive nature of its holdings, the Fund purchases carbon offset investments equal to the estimated aggregate carbon emissions of its portfolio, targeting a net-zero carbon footprint.
USCF ETF Trust, headquartered in Walnut Creek, California, at 1850 Mt. Diablo Blvd., Suite 640, sponsors ZSC through its investment adviser USCF Advisers LLC, with portfolio management by Seth Lancaster, Darius Coby, and Andrew F. Ngim; the administrator is The Bank of New York Mellon and the distributor is ALPS Distributors, Inc. ZSC commenced operations on August 9, 2023, as part of USCF's broader platform of commodity and alternative strategy ETFs, which traces roots to 2006 with pioneering launches like the United States Oil Fund (USO). The Fund trades on U.S. exchanges with a total net expense ratio reflecting fee waivers through October 31, 2026, and focuses on institutional and retail investors seeking sustainable commodity exposure amid global trends in population growth, energy transition, and emission reductions.
Recent developments for USCF ETF Trust include significant platform growth to over $500 million in assets under management as of early 2025, driven by strong performance in funds like the USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI), alongside new product launches such as the USCF Oil Plus Bitcoin Strategy Fund (WTIB) in December 2025 under parent subsidiary USCF Investments, Inc., of The Marygold Companies. In September 2024, the Trust announced the closure and liquidation of one underperforming ETF product following a Board decision, reflecting ongoing portfolio optimization. No specific acquisitions, funding rounds, or partnerships were reported for ZSC itself within the last two years, though USCF continues expanding its commodity ETF lineup across energy, metals, and sustainable themes.