Commodities ETFs cross-section and key drivers

Commodities ETFs cross-section and key drivers
  • Pininvest Analysis

By no means exhaustive, our weighted selection (to be reviewed monthly) signals commodity trends in all major segments

Metals have delivered an average return of 30% in 2017 – the outlook remains positive but the positions are initiated underweight at 22% of total portfolio

Energy was shrouded with uncertainty after a disappointing 2017 (6% for Oil and largely negative Natural Gas at -28%) and on à powerful upswing since the late '17; potential pick-up of natural gas will be discussed in our dedicated theme

We do not receive any commission or other form of compensation from the providers included in our 'Funds' presentation

Read our note

Commodities ETFs cross-section and key drivers • Updated:

Name Ticker Exchange Category SubCategory Currency Cur.Price AUM Weight Perf. Momentum Vol. Risk Contrib. MDD
 
FlexShares Morningstar Global Upstream Natural Resources Index Fund GUNR NYSEARCA Developed Markets (incl.US) Natural Resources USD 35.52 4.4 B 13.6% 31.0% Weak Up 39%   17% -35%
Invesco DB Agriculture Fund DBA NYSEARCA Agriculture Agriculture USD 17.30 317 M 7.7% 13.4% Weak Up 14%   2% -15%
Invesco DB Base Metals Fund DBB NYSEARCA Basic Materials Basic Materials USD 18.70 101 M 8.4% 36.6% Weak Up 18%   3% -14%
Invesco DB Oil Fund DBO NYSEARCA Oil (Commos) Crude Oil USD 10.57 245 M 7.9% 30.2% Strong Up 44%   11% -38%
iPath Bloomberg Copper Subindex Total Return ETN JJC NYSEARCA Industrial Metals Copper USD 61.84 14 M 8.1% 59.2% Weak Up 28%   5% -20%
iPath Bloomberg Aluminum Subindex Total Return ETN JJU NYSEARCA Industrial Metals Aluminium USD 45.97 3.9 M 4.1% 20.1% Weak Up 22%   1% -18%
SPDR Gold Trust GLD NYSEARCA Gold (Commos) Gold (Physical) USD 161.81 50 B 7.0% 9.1% Weak Down 20%   1% -17%
Teucrium Corn Fund CORN NYSEARCA Agriculture (Commos) Corn USD 17.22 67 M 7.5% 25.1% Strong Up 20%   2% -19%
Teucrium Soybean Fund SOYB NYSEARCA Agriculture (Commos) Soybeans USD 21.07 25 M 5.4% 44.6% Strong Up 16%   1% -8%
United States Natural Gas Fund LP UNG NYSEARCA Natural Gas (Commos) Natural Gas USD 10.32 429 M 4.7% -21.2% Weak Up 59%   3% -43%
United States Oil Fund LP USO NYSEARCA Oil (Commos) Crude Oil USD 41.31 1.4 B 16.5% -45.4% Strong Up 74%   39% -79%
VanEck Vectors® Steel ETF SLX NYSEARCA Industrial Metals Steel USD 48.55 51 M 9.1% 68.4% Weak Up 52%   14% -41%