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. Vol. Risk Contrib. MDD
 
FlexShares Morningstar Global Upstream Natural Resources Index Fund GUNR NYSEARCA Developed Markets (incl.US) Natural Resources USD 27.02 4.4 B 10.8% -8.6% 36%   2% -43%
Invesco DB Agriculture Fund DBA NYSEARCA Agriculture Agriculture USD 13.66 317 M 5.8% -16.3% 14%   0% -22%
Invesco DB Base Metals Fund DBB NYSEARCA Basic Materials Basic Materials USD 13.00 101 M 6.5% -13.2% 15%   0% -24%
Invesco DB Oil Fund DBO NYSEARCA All Commodities Energy USD 6.50 245 M 5.0% -28.6% 43%   1% -53%
iPath Bloomberg Copper Subindex Total Return ETN JJC NYSEARCA Industrial Metals Copper USD 37.81 14 M 6.9% -7.3% 23%   0% -27%
iPath Bloomberg Aluminum Subindex Total Return ETN JJU NYSEARCA Industrial Metals Aluminium USD 34.02 3.9 M 3.1% -17.4% 19%   0% -24%
SPDR Gold Trust GLD NYSEARCA Gold (Commos) Gold (Physical) USD 162.91 50 B 8.4% 32.1% 17%   0% -13%
Teucrium Corn Fund CORN NYSEARCA Agriculture (Commos) Corn USD 12.18 67 M 5.0% -27.1% 18%   0% -33%
Teucrium Soybean Fund SOYB NYSEARCA Agriculture (Commos) Soybeans USD 13.66 25 M 4.4% -11.7% 13%   0% -17%
United States Natural Gas Fund LP UNG NYSEARCA Energy ETFs Energy Futures USD 11.32 429 M 2.3% -46.2% 44%   0% -52%
United States Oil Fund LP USO NYSEARCA Oil (Commos) Crude Oil USD 25.88 1.4 B 35.6% 133.2% 225%   94% -84%
VanEck Vectors Steel ETF SLX NYSEARCA Industrial Metals Steel USD 26.05 51 M 6.2% -22.1% 48%   1% -54%