ETF Database » Commodity ETFs

Daily ETF Roundup: VXX Surprisingly Pops, DBA Slips Lower

Stoyan Bojinov — Thu, 09 Feb 2012 23:27:08 +0000

Today was a peculiar day for the markets as indexes got off to a shaky start, but managed to recover their lost ground, while volatility ticked higher amidst the plethora of good news. On the home front, the Nasdaq led the way higher, gaining 0.39% on the day, while the Dow Jones Industrial Average lagged behind, posting a 0.05% gain on the day. Greece has reportedly reached an agreement with policymakers overseas, although the deal has not yet been officially finalized [see also February Edition Of ETF Edge Now Available]. Investors at home rejoiced over better-than-expected economic data; jobless claims came in at 358,000, beating analysts’ expectations of 370,000, while wholesale inventories also expanded by 1% after coming in flat last month. In international news, both the Bank of England and the European Central Bank kept their interest rates unchanged at 0.50% and 1.00% respectively. Gold’s price action on the day was [...]

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VelocityShares Launches 8 Leveraged ETNs

Michael Johnston — Thu, 09 Feb 2012 11:00:43 +0000

VelocityShares has significantly increased its leveraged ETP lineup, recently announcing eight new products that offer amplified exposure to various natural resources. The new ETNs will offer 3x and -3x exposure to natural gas, crude oil, and Brent crude, as well as 2x and -2x products targeting indexes comprised of copper futures. The new ETNs will join a VelocityShares lineup that already includes products offering leveraged exposure to gold (UGLD, DGLD), silver (USLV, DSLV), platinum (LPLT, IPLT), and palladium (LPAL, IPAL). Each of the products will be lined to indexes comprised of futures contracts on the underlying commodities, and each will be structured as exchange-traded notes issued by Credit Suisse. That means that investors will be exposed to the credit risk of the issuing institution, but will avoid the tracking error that can become significant in futures-based products that utilize leverage. Ticker Name DOIL 3x Inverse Brent Crude ETN linked to [...]

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Daily ETF Roundup: VXX Jumps On Greek Concerns, GLD Creeps Lower

Stoyan Bojinov — Wed, 08 Feb 2012 23:33:43 +0000

Stock markets had a whirlwind of a day as indexes fluctuated between gains and losses amidst the looming Greek debt negotiations, ultimately closing in shallow green territory. On the home front, the Nasdaq charged ahead, gaining 0.41% on the day, while the Dow Jones Industrial Average just barely pulled off a win, settling 0.04% higher on the day. Crude oil prices were also quite volatile, hitting a high of $100.09 a barrel in the morning, only to settle lower near the $99 level as the trading session drew to a close [see also Doomsday Special: 7 Hard Asset Investments You Can Hold In Your Hand]. With no major economic data releases on the home front today, equity markets took cues from overseas. Switzerland’s unemployment rate came in unchanged at 3.1%, while Germany’s trade balance took a bit of a hit. The trade balance account for the exporting-behemoth came in at 12.9 billion [...]

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Global X Debuts First “Permanent ETF”

Michael Johnston — Wed, 08 Feb 2012 14:30:44 +0000

Global X announced today the launch of the Permanent ETF (PERM), a new fund that will offer one stop exposure to a number of core asset classes. The new ETF will be linked to the Solactive Permanent Index, a benchmark that includes three major asset classes: stocks, Treasuries, and precious metals. Each of those broad categories includes multiple layers; the equity component includes both domestic and international stocks, while the Treasuries allocation is split evenly between long-term and short-term securities. The precious metals allocation includes both gold and silver. At each rebalance, the underlying index will allocate 25% to each of stocks, short-term Treasuries, long-term Treasuries, and precious metals. The rough breakdown by asset class for PERM will be as follows: Asset Weight Physical Gold 20% Physical Silver 5% Long-Term Treasuries 25% Short-Term Treasuries 25% Large Cap U.S. Stocks 9% Small Cap U.S. Stocks 3% International Stocks 3% Natural Resources [...]

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Daily ETF Roundup: GLD Pops On Greek Drama, UNG Turns Sour Again

Stoyan Bojinov — Tue, 07 Feb 2012 23:57:53 +0000

Stock markets ended the day in green territory as hopes for a Greek debt-deal outweighted the cloud of uncertainty hoovering over the final agreement. On Wall Street, the Dow Jones Industrial Average led the way higher, gaining 0.26% on the day, while the Nasdaq lagged behind, inching higher by just 0.07%. Gains were most abundant in the utilities sector, while the conglomerates slumped in shallow red territory as the trading session drew to a close [see Five New Features On ETFdb.com]. Optimism on the home front was bolstered by better-than-expected economic data; the latest job openings figure came in at 3.4 million, a solid increase from last month’s reading of 3.1 million. Consumer credit data also helped to restore confidence in the economic recovery; the latest report showed that U.S. consumer had increased their debt by a seasonally adjusted $19.3 billion, a slight drop-off from last month’s record $20.4 billion increase. [...]

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Tuesday’s Chart To Watch: SPDR Gold Trust (GLD)

Stoyan Bojinov — Tue, 07 Feb 2012 09:00:10 +0000

Stocks drifted lower to start the week as resurfacing Euro zone debt woes brought back the bears. Domestic equity indexes retreated into red territory after European leaders put pressure on Greek lawmakers to meet and accept the conditions of the proposed $171 billion bailout. Investors were spooked as worries intensified after Greek leaders failed to reach a unified agreement, further delaying the ongoing debt drama. Uncertainty in equity markets overseas paved the way higher for the U.S. dollar in the currency markets; likewise, gold prices encountered selling pressures and settled near $1,720 an ounce for the day [see ETF Insider: Will Euro Woes Rain On The Bull's Parade?]. With no major economic data releases on the home front this week, investors will likely turn their attention back to developments in the debt burdened currency bloc. Gold prices have been quietly inching higher alongside equity markets these past few weeks, however, [...]

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Daily ETF Roundup: FXI Slumps On Risk Aversion, UNG Jumps On Cooler Weather

Stoyan Bojinov — Mon, 06 Feb 2012 23:30:57 +0000

Stock markets kicked off the week on a fairly dismal note as Euro zone woes resurfaced over the weekend. On the home front, the Dow Jones Industrial Average and Nasdaq both lost 0.13% on the day, while the S&P 500 clawed its way back up, shedding just 0.04% as the trading session drew to a close. Rising tension overseas spilled over into the currency markets, pushing the U.S. dollar higher; likewise, gold prices encountered selling pressures and futures contracts for the precious metal lost about 1% on the day, closing near $1,720 an ounce [see also Thoughts On The New Gold Miners ETF]. The euro dropped on Monday as investors reacted to the latest delay in negotiations; investor worries intensified after Greek leaders failed to reach a unified agreement in securing a bailout package for the debt burdened nation [see ETF Insider: Will Euro Woes Rain On The Bull's Parade?]. [...]

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Oil ETF Review: CRUD Crushing Competition

Michael Johnston — Fri, 03 Feb 2012 14:00:06 +0000

For advisors utilizing ETFs in client portfolios, the details matter. Whether it be the difference in product structure, weighting methodology, or degree of currency exposure, seemingly minor details often end up having a rather significant impact on bottom line returns and overall volatility. The importance of nuanced elements of product structures is particularly important when it comes to commodities: the choice between ETF and ETN can have a major impact on tax consequences, and the composition of broad-based commodity ETPs between the various families can result in very different returns [see Special Report: In Search Of The Best Commodity ETP]. Even within single-resource ETPs that utilize similar structures, the manner in which exposure to the underlying product is achieved can end up being quite significant. Products implementing futures-based strategies–which includes the majority of commodity ETPs–often vary in the duration of their underlying holdings and the frequency with which those holdings [...]

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iShares Rolls Out Commodity-Focused Equity ETFs

Michael Johnston — Fri, 03 Feb 2012 12:00:25 +0000

iShares, the largest U.S. ETF issuer in terms of both assets and number of funds, continued the aggressive expansion of its product lineup this week with five new products offering exposure to commodity-related stocks. Each of the new ETFs will compete with existing products offering indirect exposure to natural resources through stocks of companies that are engaged in the exploration, production, and sale of various commodities [for updates on all new ETFs, sign up for the free ETFdb newsletter]. MSCI Global Agriculture Producers Fund (VEGI) This ETF seeks to replicate a benchmark that consists of global agribusiness stocks, including fertilizer and chemical companies, farm machinery manufacturers, and food and meat packagers. The underlying index consists of about 170 different stocks from a number of developed and emerging markets, with the top country allocations being the U.S. (42%), Canada (14%), and Switzerland (8%). Agribusiness stocks have seen significant interest in recent [...]

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Daily ETF Roundup: VGK Bolstered By Debt Negotiations, UNG Continues To Sink

Stoyan Bojinov — Tue, 31 Jan 2012 23:00:02 +0000

Stocks endured yet another bumpy trading session as indexes oscillated between gains and losses for most of the day thanks to mixed economic developments. On the home front, Exxon Mobil posted strong quarterly earnings, although lackluster home prices data overshadowed the energy giant’s profits. The Nasdaq proved to be most resilient, gaining 0.07% on the day, while the Dow Jones Industrial Average slipped lower, shedding 0.16% as the trading session drew to a close. Gold prices whiplashed back-and-forth as investors dealt with conflicting developments; futures contracts for the precious metal soared as high as $1,750 an ounce, only to tumble back to $1,730 an ounce in a matter of hours, and finally settle near the $1,740 level as the closing bell rang. Sentiment took a pessimistic turn on Wall Street after a string of worse-than-expected data releases [see also How To Invest Like UBS In 2012]. The Case-Shiller home prices [...]

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ETF Database » Commodity ETFs

Daily ETF Roundup: VXX Surprisingly Pops, DBA Slips Lower

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VelocityShares Launches 8 Leveraged ETNs

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Daily ETF Roundup: VXX Jumps On Greek Concerns, GLD Creeps Lower

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Global X Debuts First “Permanent ETF”

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Daily ETF Roundup: GLD Pops On Greek Drama, UNG Turns Sour Again

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Tuesday’s Chart To Watch: SPDR Gold Trust (GLD)

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Daily ETF Roundup: FXI Slumps On Risk Aversion, UNG Jumps On Cooler Weather

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Oil ETF Review: CRUD Crushing Competition

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iShares Rolls Out Commodity-Focused Equity ETFs

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Daily ETF Roundup: VGK Bolstered By Debt Negotiations, UNG Continues To Sink

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