|Bid||38.08 x 1000|
|Ask||39.99 x 1100|
|Day's Range||39.07 - 39.28|
|52 Week Range||36.75 - 45.44|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.49|
|Expense Ratio (net)||0.80%|
As a way to hedge against heightened volatility in the equities market, more investors are looking at alternative investment strategies like commodities and related ETFs to diversify a portfolio.
Commodities like agricultural goods and precious metals offer investors an alternative to divest their holdings. Often times, commodities march to the beat of their own drum compared to the broad market. ...
Commodities and related exchange traded funds are on pace for a negative decline this year, reflecting investors' concerns over global growth, heightened trade tensions and a strong U.S. dollar. Year-to-date, the Invesco DB Commodity Index Tracking Fund (DBC) , the largest broad commodity-related ETF, fell 6.7%, the iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA: GSG) dropped 7.0% and United States Commodity Index Fund (USCI) decreased 9.1%. The benchmark Bloomberg Commodity Index retreated almost 7% this year, led by a more than 15% decline in oil prices - oil-related commodities make up the lion's share of major commodity benchmarks.
The escalating trade war rhetoric between the U.S. and China have dragged down global markets, but as the two countries come together to find common ground, exchange traded fund investors may be left with ...
Commodity prices and related commodity ETFs have fallen off in recent weeks on concerns over demand weakness in emerging markets, the ongoing trade war and potential oil production increases. Over the past month, the Invesco DB Commodity Index Tracking Fund (DBC) fell 1.9%, iPath Bloomberg Commodity Index Total Return ETN (DJP) dropped 5.0% and United States Commodity Index Fund (USCI) declined 3.3%. Goldman Sachs argued that concerns over oil and other commodities have been "oversold," and even those most exposed to the risks of a U.S.-China trade war are worth a second look, CNBC reports.
With inflation on the rise, investors may consider ETF themes that may help diminish the negative effects and diversify an investment portfolio. The consumer price index was up 0.2% from the previous month and 2.8% year-over-year, its biggest annual gain since February 2012. The data “provide further evidence that inflation is moving towards the Fed’s objective,” and the central bank will continue on its gradual rate-hike path, Kevin Cummins, an economist at NatWest Markets, told Bloomberg.
The K-1 is the tax form used to report dividends, earnings and losses from entities structured as partnerships, a structure that applies to an array of commodities investments — including exchange-traded ...
Investors interested in gaining commodity market exposure without the hassle of dealing with the pesky K-1 form can look to USCF's new actively managed dynamic commodity exchange traded fund strategy. On Thursday, United States Commodity Funds launched the actively managed USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEArca:SDCI) . "SDCI has been a major component of our plan to offer investors truly diversified access to the commodity space,” John Love, President and CEO of USCF, said in a note.
OAKLAND, Calif., May 3, 2018 /PRNewswire/ -- USCF today announced it has launched the USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund ("SDCI" or the "Fund") with SummerHaven Index Management LLC (SummerHaven), a Stamford, CT based index management firm that has developed indicies in the commodities space. The Fund, an actively managed exchange-traded fund (ETF), will use the SummerHaven Dynamic Commodity IndexSM as its benchmark, which is also the benchmark utilized by the firms' first collaboration, the United States Commodity Index Fund (NYSE Arca: USCI). SDCI seeks long-term total return.
When you think about where we are in the commodity cycle right now, we have a situation where we have global growth improving, we have a dollar that’s been weakening recently, and we have supply dynamics in the commodity markets which are back in balance. As this global economy continues its momentum and its growth, we’re starting to get to the point where we’re consuming more commodities than we’re producing, and that are available to the marketplace.