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.
| Segment | Commodities: Agriculture Soybeans |
| Category | Agriculture |
| Focus | Soybeans |
| Niche | Laddered |
| Strategy | Laddered |
| Weighting Scheme | Single Asset |
This section compares how balanced and deep this ETF is relative to its peers.
| SOYB | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 1 | 6 | 1 |
| % of Assets in Top 10 | 100.00% | 96.90% | 100.00% |
| % of Assets in Top 15 | 100.00% | 98.51% | 100.00% |
| % of Assets in Top 50 | 100.00% | 100.00% | 100.00% |
| SOYB | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | N/A | 8.34% | N/A |
| Mid (>2.7B) | N/A | 1.82% | N/A |
| Small (>600M) | N/A | 1.64% | N/A |
| Micro (<600M) | N/A | 0.69% | N/A |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| SOYB | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | N/A | $ 1.55 | N/A |
| Dividend Date | N/A | N/A | N/A |
| Annual Dividend Rate | N/A | $ 1.56 | N/A |
| Annual Dividend Yield | N/A | 7.65% | N/A |
View charts featuring SOYB price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -1.12 M 1 Month Net Flows: 3.36 M 3 Month Net Flows: 3.29 M 6 Month Net Flows: -1.73 M 1 Year Net Flows: 3.75 M 3 Year Net Flows: -21.69 M 5 Year Net Flows: -42.76 M 10 Year Net Flows: -15.6 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -2.09 MThe 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 ETF Database 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 ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | No distributions |
| Distributes K1 | No |
SOYB does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| SOYB |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -0.27% | 4.69% | -0.27% |
| 3 Month Return | -4.47% | 2.96% | -4.47% |
| YTD Return | -17.70% | -4.26% | -17.70% |
| 1 Year Return | -16.55% | -6.41% | -16.55% |
| 3 Year Return | 0.52% | -1.33% | 0.52% |
| 5 Year Return | 7.10% | 5.51% | 7.10% |
The following charts reflect the geographic spread of SOYB's underlying holdings.
The following charts reflect the allocation of SOYB's underlying holdings.
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 223.84% |
| 20 Day Volatility | 14.56% |
| 50 Day Volatility | 17.38% |
| 200 Day Volatility | 17.65% |
| Beta | 0.12 |
| Standard Deviation | 2.02% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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