This product is one of several resource-specific commodity ETPs available to investors, offering exposure to the commodity of soybeans. A widely used agricultural commodity, soybeans have become an investable asset thanks to the development of exchange traded futures contracts linked to this resource. Given this narrow focus on a single natural resource, SOYB probably has little or no use to buy-and-hold investors building a long-term portfolio; this ETF is more useful for more sophisticated, shorter-term investors looking to make a tactical play on this segment of the agricultural commodities market. Investors seeking more broad-based exposure to commodities have a number of options in the Commodities ETFdb Category (DJCI and USCI are a couple of our favorites). It is important to note that SOYB does not offer exposure to spot soybean prices; this product invests in soybean futures contracts, and as such the slope of the futures curve will have a potentially significant impact on returns and volatility realized (as will any interest earned on uninvested cash). If you're unclear on the nuances of futures-based investment strategies, SOYB is not for you: steer clear of this fund. For more sophisticated investors looking to make a play on soybeans, SOYB can be a very efficient way to achieve low maintenance access to this corner of the commodity market. Unlike a direct investment in futures contracts, SOYB requires no maintenance on the part of investors. One of the more noteworthy attributes of this product is the manner in which the underlying futures contracts are structured and maintained; rather than simply rolling exposure to front month futures contracts upon expiration, holdings are spread across multiple maturities, with the objective of minimizing the potentially adverse impact of contango on bottom line returns. Currently, there are no other pure play ETFs or ETNs offering investors exposure to soybeans. While this commodity may be included in other broad-based funds, for pure play access SOYB is the only game in town.
The adjacent table gives investors an individual Realtime Rating for SOYB 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 Agricultural Commodities 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 section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 5 other ETFs in the Agricultural Commodities 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 SOYB 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.