Best Fit Commodities Funds ETFs
U.S. News evaluated 41 Commodities Funds ETFs and 5 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
| Best Fit Scorecard | |
|---|---|
| Costs | Typical |
| Tracking Error | Typical |
| Bid/Ask Ratio | Excellent |
| Holdings Diversity | Good |
Fund Description
The investment seeks investment result that corresponds generally, but is not necessarily identical, to the performance of the S&P GSCITM Total Return Index. The fund invests all of the Investing Pool’s assets in long positions in CERFs and post margin in the form of cash or Short-Term Securities to collateralize the CERF positions. The investing pool holds long positions in CERFs, which are futures contracts listed on the Chicago Mercantile Exchange, or CME, whose settlement at expiration is based on the value of the S&P GSCI™ Excess Return Index, or S&P GSCI-ER, at that time.
Fund Snapshot Updated 05.14.2012
| Previous Close | $32.09 | Expense Ratio | 0.75% |
| YTD Return | 3.3% | Avg. 30-Day Volume | 212,703 |
| 1-Year Return | 7.6% | Market Cap | Loading... |
| Bid | $31.88 | Shares Outstanding | 40,300,000 |
| Ask | $31.90 | Dividends | $0.00 |
