USMI - United States Metals Index Fund

Description: This index is designed to reflect the performance of a diversified group of metals and is comprised of 10 Eligible Metals Futures Contracts that are selected on a monthly basis based on quantitative formulas developed by SummerHaven Indexing.

Last Updated:

USMI - Profile


Summary Data for USMI

52 Week Lo: $19.50 52 Week Hi: $24.90
AUM: $2.1 M Shares: 0.1 M
Avg. Volume (1 month) 1,479 Avg. Volume (3 month) 4,322
Filings Data as of:

USMI - Holdings

Top Ten Holdings

  1. Future Contract On Copper Future Dec14: 8.98%
  2. Future Contract On Gold 100 Oz Futr Dec14: 8.59%
  3. Future Contract On Lme Zinc Future Feb15: 6.75%
  4. Future Contract On Lme Pri Alum Futr Jan15: 5.78%
  5. Future Contract On Platinum Future Jan15: 4.62%
  6. Future Contract On Silver Future Dec14: 4.13%
  7. Future Contract On Lme Tin Future Feb15: 2.40%
  8. Future Contract On Lme Nickel Future May15: 2.37%
  9. Future Contract On Lme Nickel Future Oct14: 2.34%
  10. Future Contract On Palladium Future Dec14: 1.86%
%Assets in Top 10: 47.81%
Total Holdings: 16.0

USMI Asset Allocation


Asset Percentage
U.S. Stocks 0.0%
International Stocks 0.0%
U.S. Bonds 0.0%
International Bonds 0.0%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 52.19%
Other 47.81%
© 2014 Morningstar Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

USMI - Fact Sheet

A fact sheet is not available for this ETF. Please visit the USMI ETF home page for more information.

USMI - Charts

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 USMI relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

USMI - Fundamentals

USMI Performance

1 Week Return: 1.13%
2 Week Return: -0.42%
4 Week Return: -4.24%
13 Week Return: -8.37%
26 Week Return: -2.72%
YTD Return: 2.14%
1 Year Return: -1.92%
3 Year Return: n/a
5 Year Return: n/a

USMI Expenses & Fees

  • Expense Ratio: 0.65%
  • Category: Metals
  • Category Range: 0.65% to 0.95%
  • Category Average: 0.75%

USMI Valuation

P/E Ratio: n/a
Beta: 1.14
20 Day Moving Average: $21.61
60 Day Moving Average: $22.77

USMI Dividend

Annual Dividend Rate: n/a
Dividend Date: n/a
Dividend: n/a
Annual Dividend Yield %: n/a

USMI Volatility

5 Day Volatility: 33.42%
20 Day Volatility: 21.01%
50 Day Volatility: 14.84%
200 Day Volatility: 13.80%
Standard Deviation: 0.85%

USMI - Technicals

USMI Technicals

20 Day MA: $21.61
60 Day MA: $22.77
MACD 15 Period: 0.15
MACD 100 Period: -1.25
Williams % Range 10 Day: 12.16
Williams % Range 20 Day: 74.61
RSI 10 Day: 45
RSI 20 Day: 40
RSI 30 Day: 41
Ultimate Oscillator: 52

USMI Bollinger Bands

Lower Bollinger (10 Day): $20.87
Upper Bollinger (10 Day): $21.66
Lower Bollinger (20 Day): $20.45
Upper Bollinger (20 Day): $22.80
Lower Bollinger (30 Day): $20.39
Upper Bollinger (30 Day): $23.90

USMI Support & Resistance

Support Level 1: $21.47
Support Level 2: $21.47
Resistance Level 1: $21.47
Resistance Level 2: $21.47

USMI Stochastic

Stochastic Oscillator %D (1 Day): 58.61
Stochastic Oscillator %D (5 Day): 77.37
Stochastic Oscillator %K (1 Day): 54.41
Stochastic Oscillator %K (5 Day): 56.09

USMI Volatility

5 Day Volatility: 33.42%
20 Day Volatility: 21.01%
50 Day Volatility: 14.84%
200 Day Volatility: 13.80%
Standard Deviation: 0.85%

USMI - ETFdb Realtime Rating & Analyst Report

USMI is a passive Commodity Pool that seeks to replicate SummerHaven Dynamic Metals Index Total Return . This index is designed to reflect the performance of a diversified group of metals and is comprised of 10 Eligible Metals Futures Contracts that are selected on a monthly basis based on quantitative formulas developed by SummerHaven Indexing.

ETFdb Category Expense Ratio Inception Date Issuer Structure YTD Return *
Metals 0.65 2012-06-19 US Commodity Funds Commodity Pool +2.14%

USMI Realtime Rating: By Metric

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity C+
Expenses A
Performance ETFdb Pro Members Only
Volatility ETFdb Pro Members Only
Dividend ETFdb Pro Members Only
Concentration ETFdb Pro Members Only

The first adjacent table gives investors an individual Realtime Rating for USMI on several different metrics, including liquidity, expenses, performance, volatility, dividend, and concentration of holdings. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Metals ETFdb Category with the highest Metric Realtime Rating for each individual field.

USMI Realtime Rating: Overall

ETFdb Rating Type Overall Rating A+ Overall Rated ETF
Realtime Rating (Overall) ETFdb Pro Members Only ETFdb Pro Members Only

The second table shows the overall Realtime Rating for USMI, as well as the A+ Overall Rated ETF in USMI's Category. 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.

ETFdb Analyst Report for USMI

This ETF is often described as a "third generation" product, and is noteworthy in that the composition of the underlying index changes monthly based on observable price signals. USMI screens out commodities from the precious and industrial metals families that show the most significant backwardat...

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