## SummerHaven Dynamic Agriculture Index^{sm} (“SDAI”)

### SDAI PERFORMANCE COMPARISON

### Ten Year Comparison of Commodity Index Returns ( – )

The following table compares the total return of the SDAI in comparison with the total return of three major indexes over a 10 year period.

SP GSCI AG TR | BCOM AG TR | DB LCI OY AG TR | SDAI TR | startdate | enddate | |
---|---|---|---|---|---|---|

Total return | -38.17% | -23.15% | -37.81% | -7.35% | 10/31/2008 | 10/31/2018 |

Average Annual Return (Total) | -2.46% | -0.61% | -2.81% | 0.27% | ||

Annualized Volatility | 21.84% | 20.22% | 19.76% | 14.53% | ||

Annualized Sharpe Ratio | -0.13 | -0.05 | -0.16 | 0.02 |

The table above shows the performance of the Index from through in comparison with three traditional commodities indices: the Bloomberg Agriculture Subindex Total Return^{SM}, the S&P GSCI Agriculture Commodity Index (GSCI^{®}) Total Return, and the Deutsche Bank Liquid Commodity Index-Optimum Yield Agriculture Total Return^{TM}. The data for the SDAI Total Return Index is derived by using the Index's calculation methodology with historical prices for the futures contracts comprising the Index.

In the table above, "Total Return" refers to the return of the relevant index from to ; "Annualized Volatility" refers to the monthly standard deviation multiplied by the square root of 12; and "Annualized Sharpe Ratio" refers to the average monthly excess return (not total return) divided by the monthly standard deviation, multiplied by the square root of 12.

« Back