United States Commodity Index Fund ETVUnited States Commodity Index Fund ETVUnited States Commodity Index Fund ETV

United States Commodity Index Fund ETV

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Key stats


Assets under management (AUM)
‪229.58 M‬USD
Fund flows (1Y)
‪21.70 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.08%
Shares outstanding
‪3.25 M‬
Expense ratio
1.07%

About United States Commodity Index Fund ETV


Brand
US Commodity Funds
Inception date
Aug 10, 2010
Structure
Commodities Pool
Index tracked
SummerHaven Dynamic Commodity (TR)
Management style
Passive
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
United States Commodity Funds LLC
Distributor
ALPS Distributors, Inc.
USCI aims to be the ultimate contango killer. Each month, it picks the seven commodities with the greatest backwardation (or least contango) and the seven commodities with the greatest 12-month price momentum, with the caveat that it holds at least one precious metal, industrial metal, energy, livestock, soft, and grain commodity. From there, it equally weights the futures contract on each commodity with the greatest backwardation or least contango. The 14 commodity contracts are selected from a pool of 27 eligible futures contract and are determined by quant analysis relating to its prices. Investors should note that USCI issues a K-1 at tax time.

Classification


Asset Class
Commodities
Category
Broad market
Focus
Broad market
Niche
Optimized
Strategy
Optimized commodity
Geography
Global
Weighting scheme
Equal
Selection criteria
Technical
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Futures
Bonds, Cash & Other100.00%
Cash50.62%
Futures49.38%
Top 10 holdings

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to USCI via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
USCI trades at 69.49 USD today, its price has fallen −0.84% in the past 24 hours. Track more dynamics on USCI price chart.
USCI net asset value is 69.47 today — it's risen 1.00% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
USCI assets under management is ‪229.58 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
USCI price has risen by 0.22% over the last month, and its yearly performance shows a 10.67% increase. See more dynamics on USCI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.00% over the last month, showed a 1.22% increase in three-month performance and has increased by 9.55% in a year.
USCI fund flows account for ‪21.70 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
USCI invests in cash. See more details in our Analysis section.
USCI expense ratio is 1.07%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, USCI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, USCI technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating USCI shows the buy signal. See more of USCI technicals for a more comprehensive analysis.
No, USCI doesn't pay dividends to its holders.
USCI trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
USCI shares are issued by The Marygold Cos, Inc.
USCI follows the SummerHaven Dynamic Commodity (TR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 10, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.