What started as a year of overperformance for Commodity ETF’s is quickly fading. After easily showing better results than the futures commodity markets that they track, commodity futures has sustained a lead for three consecutive months, with noticeable differences in both Wheat and Coffee.
We’re not attempting to kid anyone, comparing -15.04% to -16.74% is sort or asking you to pick between the Jacksonville Jaguars and the Tampa Bay Buccaneers (both win-less teams in the NFL thus far). That’s why we have the Barclay Ag Trader Index which offers both long and short strategy in commodity markets. Turns out, it’s up 2.57% for the year. [past performance is not necessarily indicative of future results]. So why are people still doing long only commodities? It’s just a 17% difference… No big deal.
(Disclaimer: Past performance is not necessarily indicative of future results)
