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. But we’re not trying to kid anyone, both have dreadful performance year to date when you compare it to the Barclay Ag Trader Index which offers both long and short strategies in commodity markets.
Category: Investing Insight
05
Sep
2013
Commodity Futures vs. ETF Performance – August
Whenever we need a pick me up or something to brighten our day, the underperformance of commodity ETF’s usually does the trick. But the ETF’s have held in there remarkably well so far this year against a simple strategy of buy and hold the December futures contract and roll it annually (down just 26 basis points on average). The real story, however, is the underperformance of either long only strategy.
