These best commodity ETFs and how they have been performing. Find out who manages them and where they are making their investments
Commodity ETFs provide a cost and time efficient way for investors to get commodities exposure without having to go through the lengthy process of stock-picking. However, among these group of ETFs, there are still some choices to be made. The purpose of this list is to show the nature of the top exchange-traded funds with commodity as its asset class focus. Although some funds have high net asset values or assets under management, they still underperform in terms of returns.
A few funds mentioned share the same top holdings and some even have the same fund managers. With this information, advisors and investors will be able to see how commodity ETFs have performed in the past and will therefore be able to better predict how they will perform moving forward. All the data stated on this list comes from Bloomberg, ETF.com and Yahoo Finance between the dates of January 2 and January 10, 2020.
- Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
|
Symbol |
PDBC |
|
Assets Under Management |
USD1.73bn |
|
Net Asset Value |
USD16.56m |
|
Management Fee |
0.59% |
|
Ted Samulowitz and Peter Hubbard manage this commodity ETF under the issuer Invesco. It is actively managed but also tracks the performance of DBIQ Optimum Yield Diversified Commodity Index. The fund was launched on November 7, 2014 and now has a net asset value of USD16.56m and total assets of USD1.65bn. The ETF has a three-month return of 9.01%, a one-year return of 11.61%, and a five-year return of –2.24%. Its top holdings are PowerShares NXQ and United States Treasury Bills 0%, which account for 23.68% and 12.07%, respectively. |
|
- Invesco DB Commodity Index Tracking Fund
|
Symbol |
DBC |
|
Assets Under Management |
USD1.46bn |
|
Net Asset Value |
USD15.97m |
|
Management Fee |
0.85% |
|
Peter Hubbard and Ted Samulowitz manage the fund which tracks the performance of the DBIQ Optimum Yield Diversified Commodity Index. Its largest holding is the United States Treasury Bills 0%, which accounts for 16.51% of its total assets. Other top holdings the fund has are the Invesco Treasury Collateral ETF, Brent Crude Futures Jan20, Crude Oil Feb20, and the NY Harbor ULSD May20. In terms of returns, the fund has a three-month return of 8.90%, a one-year return of 11.67%, and a five-year return of –2.05%. Since the fund’s launch on February 3, 2006, it has gained a net asset value of USD15.97m and total assets of USD1.431bn. |
|
- iShares S&P GSCI Commodity-Indexed Trust
|
Symbol |
GSG |
|
Assets Under Management |
USD789.49m |
|
Net Asset Value |
USD16.26m |
|
Management Fee |
0.75% |
|
Greg Savage and Diane Hsuing manage this ETF, which tracks the performance of the S&P GSCI Total Return Index and charges its clients a management fee of 0.75%. The fund was launched on July 21, 2006 and has now reached a net asset value of USD16.26m and total assets of USD769.90m. The fund saw three-month returns of 10.22%, one-year returns of 15.61%, and five-year returns of –5.15%. It’s top holding, United States Treasury Bills 0%, only accounts for 1.92% of its total assets. |
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- iShares Commodities Select Strategy ETF
|
Symbol |
COMT |
|
Assets Under Management |
USD391.90m |
|
Net Asset Value |
USD32.94m |
|
Management Fee |
0.48% |
|
Michael Gates and Greg Savage manage this fund, which seeks total return by means of giving its investors broad commodity exposure. The ETF’s inception date was on October 16, 2014 and it has since reached a net asset value of USD32.94m and total assets of USD326.11m. The fund also saw a three-month return of 9.75%, a one-year return of 10.75%, and a five-year return of –0.32%. The fund’s top 10 holdings are Lloyds Bands plc 0%, Exxon Mobil Corp, Toyota Motor Credit Corporation 0%, DBS Bank Limited 0%, Chevron Corp, BHP Group Ltd ADR, Deere & Co, Ecolab Inc, Sherwin-Williams Co, DuPont de Nemours Inc. Holdings in these companies only account for 13.03% of the ETF’s total assets. |
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- Aberdeen Standard Bloomberg All Commodity Strategy K-1 Free ETF
|
Symbol |
BCI |
|
Assets Under Management |
USD180.59bn |
|
Net Asset Value |
USD22.67 |
|
Management Fee |
0.25% |
|
Under the management of Denise M Krisko, this ETF tracks the performance of the Bloomberg Commodity Excess Return Index and seeks to replicate its daily performance and charges its investors a management fee of 0.25%. The fund has a three-month return of 4.94% and a one-year return of 7.28%. In terms of assets, it reached a net asset value of USD22.67m and total assets of USD176.85m since its inception on March 27, 2017. The fund’s top holding, Aberdeen Frontier Markets Investment Ord, accounts for 24.70% of its total assets. |
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- WisdomTree Continuous Commodity Index Fund
|
Symbol |
GCC |
|
Assets Under Management |
USD123.83m |
|
Net Asset Value |
USD18.79m |
|
Management Fee |
0.85% |
|
This ETF tracks the performance of the Continuous Commodity Total Return Index and aims to replicate its daily investment results in terms of price and yield. Thomas Fernandes manages the fund, which was launched on January 24, 2008. Since then, its net asset value has reached USD18.79m and its total assets are USD127.78. The fund saw a three-month return of 6.92%, a one-year return of 7.25%, and a five-year return of –3.74%. Its top 10 holdings only make up 11.44% of its total assets, the two largest being Platinum Future Apr20 and Platinum Future July20, respectively. |
|
- GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
|
Symbol |
COMB |
|
Assets Under Management |
USD66.02m |
|
Net Asset Value |
USD24.24m |
|
Management Fee |
0.25% |
|
This ETF, which charges its investors a management fee of 0.25%, tracks the performance of the Bloomberg Commodity Index Total Return (BCOMTR) and uses it as a benchmark. The fund also manages the collateral so it may provide its investors a total return exposure. Since its inception on May 22, 2017, it has seen a three-month return of 4.63% and a one-year return of 6.88%, a net asset value of USD24.24m, and total assets of USD65.48m. GraniteShares S&PGSCI CmdtyBrdStrNoK1ETF accounts for 17.09% of the fund’s total assets and is the ETF’s top holding. |
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