What this ETF is trying to do

The Stoneport Advisors Commodity Long Short ETF (SCLS) is an exchange-traded fund listed on the NASDAQ. Based on its name and holdings, this fund uses a strategy involving commodity futures. Its portfolio includes various assets like gold, copper, corn, and livestock futures. Some of these holdings have positive weights, while others have negative weights, which is common in "long-short" strategies.

What the numbers show

As of October 6, 2026, the current price of SCLS is $23.80. Looking at how the fund has performed so far this year, the numbers show growth:

• Year-to-Date (YTD) Price Return: 17.54%

• Year-to-Date (YTD) Total Return: 17.54%

The price return measures how much the share price has changed. The total return includes both price changes and distributions. In this specific case, the YTD price return and the YTD total return are the same. Data for one-year or three-year returns was not supplied.

Income and distribution explanation

Some investors look at ETFs for regular cash payments, known as distributions. For SCLS, the distribution yield is 0.33%. This means the cash distributed is quite small relative to the ETF's price.

The fund has an irregular or less frequent distribution schedule, with only one payout recorded in the last 12 months. Because the yield is low, the fund received an income rating grade of "D."

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the fund's underlying assets). It is important to distinguish this from a "share-price decline," which is just the market price of the ETF going down.

The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion. Currently, there is no severe erosion-risk flag for this ETF. However, the erosion score is withheld because there is not enough verified price history available in the data.

Pros

• Positive YTD Performance: The fund has shown a price return of approximately 17.54% so far this year.

• Diverse Exposure: The Top Holdings show exposure to various commodities like gold and copper, as well as government obligations.

Cons

• Low Income: The distribution yield is very low at 0.33%, and the payout frequency is irregular.

• Limited History: There is insufficient verified price history to provide a long-term erosion score or one-year return data.

Beginner takeaway

SCLS is a commodity-focused ETF that has seen significant price growth so far this year. While it has grown in value recently, it is not a primary source of regular income, as its distribution yield is low and payments are infrequent. Because the fund has a limited amount of verified history, it is difficult to see long-term trends in its price or asset value.