Previous Close | 24.96 |
Open | 24.97 |
Bid | 24.75 x 21500 |
Ask | 24.78 x 46000 |
Day's Range | 24.73 - 25.02 |
52 Week Range | 22.05 - 26.69 |
Volume | |
Avg. Volume | 978,043 |
Net Assets | 2.09B |
NAV | 24.93 |
PE Ratio (TTM) | 5.99 |
Yield | 0.59% |
YTD Daily Total Return | 1.26% |
Beta (5Y Monthly) | 1.01 |
Expense Ratio (net) | 0.85% |
Inception Date | 2006-02-03 |
As investors worry that we are entering an extended period of at-best-mediocre stock and bond returns, some are wondering if diversifying into commodities is the answer. Consider a conservative portfolio that, instead of allocating 60% to the S&P 500 and 40% to investment-grade bonds, takes 5% from both assets and allocates the 10% to ETF (DBC). A similar conclusion applies to a portfolio that instead invested the 10% commodity allocation in a different commodity index fund, ETF (GSG), which invests in most of the same commodities included in the DBC fund, but with a different weighting protocol.
Clean tech demand and underinvesting in mines are pinching supplies.