Long CommoditiesHello,
interesting setup with the commodities (ex agriculture) as EUR/USD seem to be breaking the support and potentially keep digging the hole lower.
EUR/USD and commodities seem to have a pretty decent inverse relationship - EUR/USD down, commodities UP, and vice versa.
EUR/USD retest and fail
Key stats
About Invesco Bloomberg Commodity Ex-Agriculture UCITS ETF
Home page
Inception date
May 22, 2017
Structure
Irish VCIC
Replication method
Synthetic
Dividend treatment
Capitalizes
Primary advisor
Invesco Investment Management Ltd.
ISIN
IE00BYXYX521
The objective of the Fund is to aim to track the Total Return performance of the Bloomberg Ex-Agriculture and Livestock 20/30 Capped Index (the “Index”) and is based on the Bloomberg Commodity Index (the Parent Index), less fees, expenses and transaction costs.
Classification
What's in the fund
Exposure type
Futures
Bonds, Cash & Other100.00%
Futures100.00%
Top 10 holdings
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.
XAAG trades at 27.135 EUR today, its price has fallen −0.68% in the past 24 hours. Track more dynamics on XAAG price chart.
XAAG net asset value is 27.41 today — it's risen 0.19% 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.
XAAG assets under management is 237.39 M EUR. 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.
XAAG price has fallen by −1.06% over the last month, and its yearly performance shows a −5.37% decrease. See more dynamics on XAAG price chart.
NAV returns, another gauge of an ETF dynamics, showed a −10.83% decrease in three-month performance and has decreased by −2.56% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −10.83% decrease in three-month performance and has decreased by −2.56% in a year.
XAAG fund flows account for 52.11 M EUR (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.
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XAAG expense ratio is 0.20%. 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, XAAG 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, XAAG technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XAAG shows the sell signal. See more of XAAG technicals for a more comprehensive analysis.
Today, XAAG technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XAAG shows the sell signal. See more of XAAG technicals for a more comprehensive analysis.
No, XAAG doesn't pay dividends to its holders.
XAAG trades at a premium (0.22%).
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.
XAAG shares are issued by Invesco Ltd.
XAAG follows the Bloomberg Commodity Ex-Agriculture and Livestock 20/30 Capped Index - USD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 22, 2017.
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.