Key stats
About Direxion Auspice Broad Commodity Strategy ETF
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Inception date
Mar 30, 2017
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
ALPS Distributors, Inc.
COM tracks a broad commodity index that considers 12 different commodity futures contracts in the agriculture, energy, and metals sectors. Futures positions are weighted by historical volatility and each position can be either long or flat (i.e. moved to cash) based on prevailing price trends in the contract. Contract tenor is determined by an optimized, rules-based process that selects contracts within the next 13-month period. The adviser also invests COMs collateral in T-bills, money market funds, cash, and other short-term, highly rated corporate and government debt. Rather than a commodity pool, the fund uses a Cayman structure (getting exposure through a wholly-owned Cayman Islands subsidiary). As such, taxable investors avoids a K-1 form at tax time. Prior to August 31, 2021, COM was thought of as an index-tracking fund with an active overlay.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash86.29%
Miscellaneous13.71%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
COM last dividends amounted to 0.25 USD. The quarter before, the issuer paid 0.16 USD in dividends, which shows a 37.36% increase.
COM assets under management is 218.80 M USD. It's fallen 1.87% over the last month.
COM fund flows account for −51.29 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, COM pays dividends to its holders with the dividend yield of 3.76%. The last dividend (Apr 1, 2025) amounted to 0.25 USD. The dividends are paid quarterly.
COM shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Mar 30, 2017, and its management style is Passive.
COM expense ratio is 0.72% meaning you'd have to pay 0.72% of your investment to help manage the fund.
COM follows the Auspice Broad Commodity Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
COM invests in cash.
COM price has risen by 0.54% over the last month, and its yearly performance shows a −2.87% decrease. See more dynamics on COM price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.38% decrease in three-month performance and has decreased by −0.01% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −0.38% decrease in three-month performance and has decreased by −0.01% in a year.
COM trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.