This ETF seeks to replicate an index which is comprised of a single exchange traded futures contract, except during the roll period when the index may be comprised of two futures contracts. The index can roll its exposure on a monthly basis in accordance with a pre-determined roll schedule, making this product unique. Aluminum is used heavily in modern society, and due to its unusual properties as an element, is can be used in various ways. Aluminum is used in packaging, airplanes, automobiles, anti-corrosion, and many others. With an extremely high strength compared to its weight, this metal is one of the most popular in the world. An investment in aluminum gives investors numerous opportunities. Aside from the general advantages like inflation hedges, aluminum offers a global perspective in a portfolio, as it is used in countries all around the world. The cleverly named FOIL will give investors exposure to futures-contracts on aluminum. Futures investing can be very risky, as well as complicated, meaning that this ETN is not for the average investor. Instead, this product is intended for those who fully understand the risks behind futures investing, and gives them an opportunity to make a profit off of this popular metal.
The adjacent table gives investors an individual Realtime Rating for FOIL on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Metals with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 35 other ETFs in the Metals ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of FOIL relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
Source: LSEG Information Services (US), Inc. (“LSEG”) © LSEG 2016. All rights in the XTF data, ratings and / or underlying data contained in this communication (“the XTF information”) vest in LSEG and/or its licensors. Neither LSEG nor its licensors accept any liability arising out of the use of, reliance on or any errors or omissions in the XTF information. No further distribution of the XTF information is permitted without LSEG’s express written consent. LSEG does not promote, sponsor or endorse the content of this communication.