The takeaway
USCF SummerHaven Dynamic Commodity Strategy No K-1 shows a moderate seasonal pattern over 8 years of data — strongest in August (+1.9%) and softest in November (−1.2%).
Right now
In July, the fund has risen 63% of years, averaging +1.7% — essentially in line with the S&P 500.
The full picture
USCF SummerHaven Dynamic Commodity Strategy No K-1's most dependable month has been August, higher in 7 of 8 years; November has been its least reliable, up just 38% of the time.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
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| 2018 | — | — | — | — |
Month by month
The fund's clearest edge over the S&P 500 lands in January (+2.0 pts); it has trailed the market most in November (−3.5 pts).
“vs S&P” is USCF SummerHaven Dynamic Commodity Strategy No K-1’s average for a month minus the S&P 500’s average for that same month — isolating USCF SummerHaven Dynamic Commodity Strategy No K-1’s own seasonal edge from broad market drift.
Reality check
Over the last 5 years, August has closed higher 80% of the time versus 88% across the last 8 years — the pattern is holding.
Figures are the typical (median) August return and how often it rose — the last 5 years versus the last 8(the heatmap’s default window). This verdict stays anchored to that 8-year window even if you zoom the chart, so it never disagrees with the badges above.
In plain English
Dependability is the through-line here. August stands out, higher in 7 of 8 Augusts, but it heads a clutch of months that pull the year reliably upward.
Its average (+1.9%) and median (+1.0%) land within a hair of each other — the tell of steady, year-after-year gains rather than one outlier doing the work. It is among its calmest months, too, its returns swinging least from year to year (a 2.5% spread), and even its worst August in 8 years lost only 1.7% — the gentlest downside anywhere on its calendar. Crucially, the gain is the fund's own rather than a rising tide's: August has cleared the S&P 500 by +1.6 points above the index. That consistency sets it apart from the field, where the average stock manages August only about 52% of the time.
The strength clusters rather than stands alone — May–October forms a firm stretch that carries much of the year. The weaker half of the year is plainer: November has been the soft spot — the weakest of 2 months that average a loss (−1.2%), and the edge isn't year-round — the fund has trailed the S&P 500 in November, March, and June. Its roughest month on record was a −18.5% March in 2020 — a reminder of how hard even a seasonal name can fall.
Reassuringly, the tendency has held its shape: the recent five years still track the years behind them.
The takeaway is less about when to buy than what to expect: August aside, the fund's months offer little reliable tilt. With a short 8-year record, the signal is best held loosely.
Short answers on the fund's best month (August), its worst (November), and whether it really trades seasonally.
Yes, to a moderate degree. Since 2018 its best month (August, +1.9%) has run well ahead of its worst (November, −1.2%) — the heatmap above shows how steady that gap has been year to year.
August has been the strongest, averaging +1.9% and closing higher in 7 of 8 years since 2018.
It's the weakest, averaging −1.2% — historically a soft spot, though it still varies from year to year.
Explore
These names have the strongest July track records on record — a starting point for comparison.
Before you trade