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About United States Commodity Index Fund ETV
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Inception date
Aug 10, 2010
Structure
Commodities Pool
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
What's in the fund
Exposure type
Cash
Futures
Bonds, Cash & Other100.00%
Cash50.62%
Futures49.38%
Top 10 holdings
Nailed the top. Now we dip.
First impulse off the bottom was well underway before the big news.
Now that everyone is piling in it's time to look the other way for a while as we figure what covid will look like this summer.
My guess is that the first dead bounce on equities and tech will be astounding, following a small
OIL to dominate in 2022 H1 I believe that oil will dominate the commodities sector in 2022 first half, despite a strong dollar, pushing the commodity index to 2014 bear market breakdown levels. Strong dollar in latter 2022 will crush this trade for anyone holding on too tightly.
Then we won't know what the hell we're going
Resistance alert for CommodityCommodity index is reluctant to pierce the aforesaid 37 (R1) level coincides with 200w SMA indicates the index will take a breather to neutralize its prolonged overbought condition as seen on RSI. The index could make a return move to support level at S1 or further to S2 before it could introduce a
10-yr market cycle for FX, commodities, value, & global stocks?The US dollar tends to trade in a ten-year cycle relative to global currencies. It outperforms for ten years, then underperforms for ten years, then outperforms, and so on. This year we seem to have ended a cycle of outperformance when the US dollar broke its ten-year trend line (orange line on the
Commodity Markets can be Strengthened !I expect an increase in the USCI (US Commodity Index Fund) Index.
This could be a forerunner of the rise of commodity-based Stocks and Commodities.
It would be more accurate to turn to single commodities and stocks rather than this fund.
We'il talk about going from general to private later.
Nevert
See all ideas
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.
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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.
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.
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.
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.