ETF Quote Details
|NAV (month end)||5.83|
|Premium (+)/Discount (-) (month end)||-0.03|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
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ETF Expense Ratio
|Dividend (Yield)||$0.00 (0.00%)|
The index consists of 16 commodity futures contracts divided among 6 sectors. It looks to capture trends within the space by setting sector groupings long or short each month based on price signals, expect for energy which is always long or flat. With this focus, it looks to capture the benefit over long periods derived from both rising and declining trends within the physical commodities markets.
The ETN due on 6/16/2023 are senior, unsecured debt securities, issued by HSBC USA Inc. It is linked to the performance of the S&P Commodity Trends Indicator - Total Return.