The Commodity Performance Scoreboard

Here’s our monthly look at the various commodity ETFs and how they track a simple strategy of buying December futures and rolling them annually. Plus, a comparison to Ag Traders and an overall commodity index.  C’mon futures…

(Disclaimer: Performance as of 5/30/2014)

Commodity ETF Over/Under Performance 2014

Commodity
Futures
ETF
Difference
Crude Oil$CL_F
5.75%
$USO
6.68%
0.93%
Brent Oil$NBZ_F
0.03%
$BNO
0.32%
0.29%
Natural Gas$NG_F
6.82%
$UNG
21.80%
14.98%
Cocoa$CC_F
13.24%
$NIB
11.71%
-1.53%
Coffee$KC_F
52.54%
$JO
60.97%
8.43%
Corn$ZC_F
1.59%
$CORN
3.24%
1.65%
Cotton$CT_F
1.22%
$BAL
-0.64%
0.58%
Live Cattle$LE_F
10.54%
$CATL
4.48%
-6.06%
Lean Hogs$LH_F
19.25%
$HOGS
19.47%
0.22%
Sugar$SB_F
6.69%
$CANE
6.02%
-0.67%
Soybeans$ZS_F
8.69%
$SOYB
12.30%
3.61%
Wheat$ZW_F
3.11%
$WEAT
2.10%
-1.01%
Average10.58%12.37%1.79%
Commodity Index $DBC1.48%
Long/Short Ag Trader CTAs-2.23%

(Disclaimer: past performance is not necessarily indicative of future results).
(Disclaimer: Sugar uses the October contract, Soybeans the November contract.)
Long/Short Ag Trader CTA = Barclayhedge Ag Traders Index










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DISCLAIMER

Forex trading, commodity trading, managed futures, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors.

The entries on this blog are intended to further subscribers understanding, education, and – at times- enjoyment of the world of alternative investments through managed futures, trading systems, and managed forex, and is not intended as investment advice, or an offer or solicitation for the purchase or sale of any financial instrument. Unless distinctly noted otherwise, the data and graphs included herein are intended to be mere examples and exhibits of the topic discussed, are for educational and illustrative purposes only, and do not represent trading in actual accounts. Opinions expressed are that of the author.

*The mention of specific asset class performance (i.e. +3.2%, -4.6%) is based on the noted source index (i.e. Newedge CTA Index, S&P 500 Index, etc.), and investors should take care to understand that any index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship and self reporting biases, and instant history.

The mention of general asset class performance (i.e. managed futures did well, stocks were down, bonds were up) is based on Attain’s direct experience in those asset classes, estimates of performance of dozens of CTAs followed by Attain, and averaging of various indices designed to track said asset classes.

It should be noted that past market performance is not indicative of future market movement.No market data or other information is warranted by Attain Capital Management as to completeness or accuracy, express or implied, and is subject to change without notice.

Managed Futures Disclaimer:

Past Performance is Not Necessarily Indicative of Future Results. The regulations of the CFTC require that prospective clients of a managed futures program (CTA) receive a disclosure document when they are solicited to enter into an agreement whereby the CTA will direct or guide the client’s commodity interest trading and that certain risk factors be highlighted. The disclosure document contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA.