This ETN seeks to replicate an index which is made up of a single exchange traded futures contract, except during the roll period when the index may consist of two futures contracts. Unlike many commodity indices which roll to the corresponding futures contract on a monthly basis in accordance with a pre-determined roll schedule, the Index may roll into one of a number of futures contracts with varying expiration dates, in order to help eliminate contango as much as possible and avoid the damaging effects that this phenomenon can have on portfolios. This particular ETN looks at the commodity of lead, an important industrial material. Lead may have appeal to investors thanks to its use in construction, batteries, ammunition, and radiation shields, suggesting that it may be a decent play on increased growth or more rapid industrialization in emerging markets. Besides this fund, investors only have LD in terms of pure play exposure and since both funds cost the same, investors who want more exposure to lead would probably be better off looking at this iPath product instead.
The adjacent table gives investors an individual Realtime Rating for LEDD 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 15 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 LEDD 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.
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