16.05 0.00 (0.00%)
After hours: 4:32PM EDT
|Bid||16.05 x 800|
|Ask||17.60 x 800|
|Day's Range||16.00 - 16.40|
|52 Week Range||14.84 - 19.48|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.08|
|Expense Ratio (net)||0.58%|
A little nickel exchange traded note has quietly outperformed, with nickel prices rising to a one-year high Thursday, as diminished supply and bullish speculators help drive up this base metal. In comparison, the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) , the largest U.S.-listed broad commodity ETF, gained 7.6% so far this year. Nickel for delivery in three months on the London Metal Exchange advanced 3.5% to $14,955 per metric ton and was on pace for its highest settle since June 2018 and was set to market its 12th consecutive session of back-to-back gains, the Wall Street Journal reports.
Just because you're rich doesn't mean you're right, apparently. This year's mistake cost the wealthy an estimated $136 billion so far.
Strong chart patterns for key commodity-related ETFs suggest that this could be one of the only segments to withstand a continued sell-off.
Data suggests that, broadly speaking, commodities are undervalued compared to more traditional assets, such as stocks and bonds. The PowerShares DB Optimum Yield Diversified Commodity Strategy Portfolio (PDBC) offers investors broad-based exposure to multiple commodities. The current environment, characterized by economic growth and heightened inflation expectations, provides an ideal backdrop for investors to consider the benefits of real assets.
ATLANTA , Nov. 30, 2018 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) a leading global provider of exchange-traded funds (ETFs), announced today that it expects to deliver capital gains distributions across ...