Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to ETFdb.com. Please help us personalize your experience.

Select the one that best describes you
Etfdb logo

ETFdb.com is recommending a new long position for the month ahead. This long recommendation is meant to serve as a defensive position that should offer uncorrelated returns to the broad equity market. Below, we outline our investment thesis and outlook for the new recommendation.

This position is motivated by lingering volatility in the equity and bond markets which has spurred an investor migration towards previously neglected alternative asset classes.

The new long recommendation is based around:

  • Futures-Based Commodity ETP that is in green territory for the past 4 weeks, up almost 4%.
  • This ETP is fairly equally diversified across more than half a dozen agricultural commodities.
  • This is the most popular broad agriculture ETP in terms of AUM and average trading volume.
  • Despite being one of the few green areas in October, this ETP still saw outflows of $3.4M in the past month and almost $29M year-to-date.

Be sure to check our previous sell pick here.

To read the Full Story, Start All Access Pass or Log In

Popular Articles

Leveraged & Inverse ETF Channel

3 Transportation ETFs on the Move in 2019

The Dow Jones Transportation Average is outpacing the Dow Jones Industrial Average by about 4...

Tactical Allocation Channel

ETF Virtual Summit Attendees Foresee Positive Trends

The fall of 1988 saw “Don’t Worry, Be Happy” by Bobby McFerrin climb the music charts, which was...

Relative Value Investing Channel

Occidental/Anadarko Bid: No Support for Oil & Gas ETFs

Occidental Petroleum Corp. (OXY) upped the ante on Anadarko Petroleum Corp. (APC), triggering a...