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  1. Invest Beyond Cash Channel
  2. Gold Is Just 1 Chapter in the Commodities Playbook
Invest Beyond Cash Channel
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Gold Is Just 1 Chapter in the Commodities Playbook

Ben HernandezMay 13, 2025
2025-05-13

Regarding getting commodities exposure, gold comprises just one chapter in a playbook outlining other investor opportunities to get assets uncorrelated with the broader market.

Of course, gold is certainly shining for a reason. The precious metal is well above 20% YTD and rising. So it’s an ideal time to get gold exposure given the current macroeconomic conditions. Stagflation, geopolitical tensions, and tariffs are adding to market uncertainty abundance. This is where safe haven assets like gold can be beneficial. And that’s especially so when the stock market exhibits heavy volatility.

“In 2025, Gold had its best start to a year in five decades,” Bloomberg explained. “Uncertainty around trade policy, US Dollar devaluation, equity markets fragility, demand for safe havens, and the general need for a store of value have all contributed to gold making new highs. Gold still holds the pole position as the most popular safe haven and store of value today, just like it has for nearly three thousand years of trading history.”

Diversified, Active Commodities Exposure

Gold is just one of the many commodities found in the +Neuberger Berman Commodity Strategy ETF+ (NBCM A-). The fund is a diversified and active way to get commodities exposure. That’s all in the convenience of an ETF wrapper.

“Diversification” aptly applies to NBCM. While gold holds a considerable place in the fund’s holdings (with the reasons as mentioned), the fund has over 40 commodity holdings (as of May 5). In addition to gold, commodities like copper, natural gas, and corn occupy its top holdings. Having this balanced approach to commodities ensures that investors get exposure to commodities exhibiting upside while others may be showings signs of weakness.

In addition to diversification, adding another layer of risk mitigation is the fund’s inherent active management strategy. The fund’s experienced portfolio managers can adjust holdings as necessary to suit the current market environment. This allows the fund to be flexible. And that’s a necessity in economic times of uncertainty such as now.

Lastly, one difference with NBCM is that it does not issue a K-1 tax form. K-1 forms are typically seen in master limited partnerships and S corporations. They can further add to the complexity at tax time. K-1 forms pass the tax burden on to the investor, so bypassing that process is available with NBCM.

Click here to learn more about other active ETF strategies than can complement an investor’s portfolio.

For more news, information, and analysis, visit the Invest Beyond Cash Channel.


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