Commodities

First freight futures ETF launches

Mar 23rd, 2018 | By

Breakwave Advisors, a US-based commodity trading advisor, has partnered with ETF Managers Group to launch the Breakwave Dry Bulk Shipping ETF (BDRY US). The NYSE Arca-listed ETF provides investors with exposure to a niche component of the commodities industry: dry bulk shipping space.



Global X Funds’ uranium ETF to adopt new index

Mar 19th, 2018 | By
Uranium mining ETFs poised for re-rating

New York-based ETF provider Global X Funds has announced that the Global X Uranium ETF (URA US) will transition to a new index, the Solactive Global Uranium & Nuclear Components Total Return Index. The new index is designed to reduce the fund’s exposure to smaller capitalisation stocks compared to its current index.



Industrial metal ETPs see inflows at investors shrug off trade-war threats

Mar 13th, 2018 | By
Industrial metal ETPs see inflows at investors shrug off trade-war threats

ETF Securities has announced that its industrial metal ETPs saw net inflows of $9 million during the week ended 9 March 2018. According to the London-based ETP provider, the flows indicate cyclical optimism among investors despite threats of a trade-war dominating news headlines.



Will you miss the commodity comeback?

Mar 8th, 2018 | By
Florian Ginez, research analyst at WisdomTree in Europe

By Florian Ginez, research analyst at WisdomTree in Europe.

Do commodities have a place in a portfolio? This is an interesting question in today’s environment. Those of us who have read various finance text books including sections on the benefits of things like “asset allocation” and “diversification” would, almost without thinking, say “yes.” But if we look at the reality of what market participants have experienced in the past five years, we then recognize that, behaviourally, what has been practiced may look quite different.



Gold ETFs see net outflows globally in February

Mar 8th, 2018 | By
Gold ETFs see net outflows globally in February

Gold-backed ETFs (including ETPs) lost 5.1 tonnes of gold during February as investors redeemed assets on the back of a decreasing gold price and increasing volatility, according to data from the World Gold Council.



UBS introduces GBP-hedged share classes on two commodity ETFs

Mar 7th, 2018 | By
UBS introduces GBP-hedging on Bloomberg commodity ETFs

UBS has extended its currency-hedged product suite with the introduction of pound sterling-hedged share classes on a pair of commodity ETFs. They are the UBS CMCI ex-Agriculture SF UCITS (hedged to GBP) ETF (CCXAG SW) and the UBS Bloomberg Commodity CMCI SF UCITS (hedged to GBP) ETF (BCCMG SW).



T. Boone Pickens lends name to new US energy ETF

Mar 2nd, 2018 | By
T. Boone Pickens lends name to new US energy ETF

TriLine Index Solutions, an affiliate of BP Capital Fund Advisors, has launched the NYSE Pickens Oil Response ETF (BOON US), whose name and ticker honours the leadership of American oilman T. Boone Pickens. The fund tracks the NYSE Pickens Oil Response Index which selects stocks with a high correlation to changes in the price of Brent crude oil. It aims to provide a higher Sharpe ratio compared to traditional energy ETFs, the S&P 500, and ICE Brent Crude Oil, as well as commodity-oriented indices.



Severe weather causing a storm in agricultural ETPs

Feb 19th, 2018 | By
Severe weather causing a storm in agricultural ETPs

London-based commodity ETP specialist ETF Securities has reported that weekly inflows into its agricultural ETPs reached their largest levels ever last week, totalling $54.7 million. The firm notes that the majority of agricultural commodities are trading higher in 2018 owing to severe weather conditions affecting forecasts of supply.



WisdomTree: How to trade the Brent/WTI oil spread using short and leveraged ETPs

Feb 15th, 2018 | By
WisdomTree: How to trade the Brent/WTI oil spread using short and leveraged ETPs

By Nick Leung, research analyst at WisdomTree in Europe.

A widening oil spread presents trading opportunities for oil investors. In this brief, we examine how short and leveraged oil ETPs can be used to efficiently trade oil price movements.



Investors abandon industrial metals ETPs amid market sell-off

Feb 13th, 2018 | By
Gold ETF inflows reach 3-week highs, says ETF Securities

ETF Securities’ range of industrial metals ETPs saw net outflows of $99 million for the week starting 5 February 2017 amid the global equity market sell-off, according to the firm’s weekly flows analysis. Nitesh Shah, director of research at ETF Securities, said that industrial metals are “arguably the most cyclically exposed of all commodities”, noting these were the highest outflows in ten weeks for this asset class.