# EDGAR Filing Document

**Accession Number:** 0001597389
**File Stem:** 0002071876-25-000012
**Filing Date:** 2025-6
**Character Count:** 8130
**Document Hash:** 58253dceef2dc2b290a8e7eadbbd913d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071876-25-000012.hdr.sgml**: 20250630

**ACCESSION NUMBER**: 0002071876-25-000012

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250630

**DATE AS OF CHANGE**: 20250630

**EFFECTIVENESS DATE**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** USCF ETF Trust
- **CENTRAL INDEX KEY:** 0001597389

**ORGANIZATION NAME:**
- **EIN:** 464572871
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-196273
- **FILM NUMBER:** 251092052

**BUSINESS ADDRESS:**
- **STREET 1:** 1850 MT. DIABLO BLVD.
- **STREET 2:** SUITE 640
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596
- **BUSINESS PHONE:** 510-522-9600

**MAIL ADDRESS:**
- **STREET 1:** 1850 MT. DIABLO BLVD.
- **STREET 2:** SUITE 640
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USCF Equity Trust
- **DATE OF NAME CHANGE:** 20140116

## Series and Classes Contracts Data

### USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (Series ID: S000061783)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                              | Ticker Symbol | Class ID   |
| USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund | SDCI          | C000200080 |

---

### USCF Energy Commodity Strategy Absolute Return Fund (Series ID: S000068241)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                          | Ticker Symbol | Class ID   |
| USCF Energy Commodity Strategy Absolute Return Fund | USE           | C000218475 |

---

### USCF Midstream Energy Income Fund (Series ID: S000071002)

---

|  |  |  |
|:---|:---|:---|
| Class Name                        | Ticker Symbol | Class ID   |
| USCF Midstream Energy Income Fund | UMI           | C000225425 |

---

### USCF Gold Strategy Plus Income Fund (Series ID: S000072135)

---

|  |  |  |
|:---|:---|:---|
| Class Name                          | Ticker Symbol | Class ID   |
| USCF Gold Strategy Plus Income Fund | USG           | C000227919 |

---

### USCF Sustainable Battery Metals Strategy Fund (Series ID: S000073701)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                    | Ticker Symbol | Class ID   |
| USCF Sustainable Battery Metals Strategy Fund | ZSB           | C000230777 |

---

### USCF Dividend Income Fund (Series ID: S000076071)

---

|  |  |  |
|:---|:---|:---|
| Class Name                | Ticker Symbol | Class ID   |
| USCF Dividend Income Fund | UDI           | C000235512 |

---

### USCF Sustainable Commodity Strategy Fund (Series ID: S000079954)

---

|  |  |  |
|:---|:---|:---|
| Class Name                               | Ticker Symbol | Class ID   |
| USCF Sustainable Commodity Strategy Fund | ZSC           | C000241451 |

---

## Series and Classes Contracts Data

### USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (Series ID: S000061783)

| Class ID   | Class Name                                              | Ticker Symbol   |
|:---|:---|:---|
| C000200080 | USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund | SDCI            |

### USCF Energy Commodity Strategy Absolute Return Fund (Series ID: S000068241)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000218475 | USCF Energy Commodity Strategy Absolute Return Fund | USE             |

### USCF Midstream Energy Income Fund (Series ID: S000071002)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000225425 | USCF Midstream Energy Income Fund | UMI             |

### USCF Gold Strategy Plus Income Fund (Series ID: S000072135)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000227919 | USCF Gold Strategy Plus Income Fund | USG             |

### USCF Sustainable Battery Metals Strategy Fund (Series ID: S000073701)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000230777 | USCF Sustainable Battery Metals Strategy Fund | ZSB             |

### USCF Dividend Income Fund (Series ID: S000076071)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000235512 | USCF Dividend Income Fund | UDI             |

### USCF Sustainable Commodity Strategy Fund (Series ID: S000079954)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000241451 | USCF Sustainable Commodity Strategy Fund | ZSC             |

**Filed pursuant to Rule 497(e)<br> Securities Act File No. 333-196273<br> Investment Company Act File No. 811-22930**

**USCF ETF TRUST**

**Supplement dated June 30, 2025**<br> **to the Statement of Additional Information ("SAI") dated October 30, 2024 of USCF ETF Trust (the "Trust")**<br>

Principal U.S. Listing Exchange: NYSE Arca, Inc.

***This Supplement provides new and additional information beyond that contained in the SAI and should be read in conjunction with the SAI.***

Effective June 30, 2025 (the "Effective Date"), Gregory Powell, PhD, will no longer serve as portfolio manager for USCF Dividend Income Fund ("UDI") and USCF Midstream Energy Income Fund ("UMI") and all references to Mr. Powell will be removed in their entirety. Mr. Powell announced his planned retirement from Miller/Howard Investments, Inc. (the "Sub-Adviser"). Adam Fackler, CFA, a Portfolio Manager for the Sub-Adviser, will assume the role of Chief Investment Officer for the Sub-Adviser on the Effective Date.

In addition, on the Effective Date, Mr. Fackler and Michael Roomberg, CFA, a Portfolio Manager for the Sub-Adviser, will each begin serving as portfolio manager for UDI. John ("Jack") E. Leslie III, CFA, will continue to serve as portfolio manager for UDI alongside Messrs. Fackler and Roomberg. John R. Cusick, CFA, and Mr. Fackler will continue serving as co-portfolio managers of UMI.

Accordingly, on the Effective Date, the SAI will be revised as follows:

<u>The following replaces in its entirety the second row of the first table in the subsection of the SAI titled "MANAGEMENT SERVICES—Portfolio Managers":</u>

---

| | |
|:---|:---|
| **<u>Fund</u>** | **<u>Portfolio Managers</u>** |
| UDI | Adam Fackler, CFA<br>|
|  | John ("Jack") E. Leslie III, CFA |
|  | Michael Roomberg, CFA |

---

 ****

<u>The following replaces in its entirety the second table in the subsection of the SAI titled "MANAGEMENT SERVICES—Portfolio Managers"</u>:

**<u>UDI</u>**

---

| | | | |
|:---|:---|:---|:---|
|  | Adam Fackler,<br> CFA<sup>1</sup> | John ("Jack") E. <br> Leslie III, CFA<sup>1</sup> | Michael Roomberg,<br> CFA<sup>1</sup> |
| **Registered Investment Companies** |  |  |  |
| Number of Accounts | 2 | 1 | 1 |
| Total Assets (in millions) | $377 | 3 | 3 |
| Number of Accounts Subject to a Performance Fee | 0 | 0 | 0 |
| Total Assets Subject to a Performance Fee (in millions) | $0 | 0 | 0 |
| **Other Pooled Investment Vehicles** |  |  |  |
| Number of Accounts | 0 | 0 | 0 |
| Total Assets (in millions) | $0 | 0 | 0 |
| Number of Accounts Subject to a Performance Fee | 0 | 0 | 0 |
| Total Assets Subject to a Performance Fee (in millions) | $0 | 0 | 0 |
| **Other Accounts** |  |  |  |
| Number of Accounts | 2048 | 2049 | 2049 |
| Total Assets (in millions) | $3203 | 3577 | 3577 |
| Number of Accounts Subject to Performance | 0 | 0 | 0 |
| Total Assets Subject to a Performance Fee (in millions) | $0 | 0 | 0 |

---

<sup>1</sup> Information is as of March 31, 2025.

<u>The following replaces in its entirety the second row of the table in the subsection of the SAI titled "MANAGEMENT SERVICES—Ownership of Securities"</u>:

---

| | |
|:---|:---|
| Fund | Dollar Range of Shares of Fund |
| UDI Adam Fackler, CFA<sup>1</sup> | None. |
| John ("Jack") E. Leslie III, CFA<sup>1</sup> | $1 - $10000 |
| Michael Roomberg, CFA<sup>1</sup> | None. |

---

<sup>1</sup> Information is as of March 31, 2025.

 ****

***Please retain this supplement for future reference.***