GCC
WisdomTree Continuous Commodity Index ETF  |  NYSEARCA
52wk high:20.80
52wk low:17.69
Expense Ratio:0.85%
Div Frequency:
Div Rate (ttm):-
Yield (ttm):-
Assets (AUM):$223.77M
Volume:
  • Thu, Jan. 19, 10:35 AM
    • "People are starting to get confident that this rally is real," says Ben Ross, who co-manages commodity strategy at Cohen & Steers. "Most commodities that we cover have bottomed from a price and from an oversupply situation.”
    • Among surging raw materials prices are oil, which has doubled from its lows of about a year ago, and zinc, which has gained 90%.
    • Money is being raised for new commodity funds, and flows into commodity index funds are showing signs of recovery since last year's price gains. Total investments in the Bloomberg and S&P GSCI indexes have risen to about $115B from a low of just $60B a year ago. They peaked at about $300B in 2011 - the last time the industry tried to pick a bottom in commodities.
    • Source: Mark Burton and Luzi-Ann-Javier at Bloomberg
    • ETFs: DBC, DJP, GSG, RJI, GCC, USCI, GSP, GSC, DEE, DJCI, FTGC, DYY, UCI, COMT, BCM, DDP, PDBC, DPU, CMDT, SBV, CSCR, DWAC, FAAR, RCOM
    Thu, Jan. 19, 10:35 AM | 1 Comment
  • Nov. 9, 2016, 9:45 AM
    Nov. 9, 2016, 9:45 AM | 7 Comments
  • Nov. 9, 2016, 3:06 AM
    Nov. 9, 2016, 3:06 AM | 28 Comments
  • Jul. 11, 2016, 9:15 AM
    • "Citi is especially bullish commodities for 2017," say Ed Morse and team. "The oil market is treading water for now, but the oil price overshot to the downside earlier this year and this is clearly setting the stage for a bullish end to the decade.”
    • Unlike last year's strong Q2 commodity rally which collapsed in Q3, this year's move looks more sustainable thanks to considerable tightening in physical markets.
    • "Global demand continues to grow at a moderate rate while the pullback in capital spending is reducing not just supply growth but total supplies across nearly all extractive industries.”
    • What about Brexit? The damage to global growth should be limited in extent and duration this year, and stronger growth in the U.S. and China will be the story in 2017.
    • ETFs: DBC, DJP, GSG, RJI, GCC, USCI, GSP, GSC, CMD, DEE, FTGC, DJCI, LSC, DYY, UCI, COMT, UCD, BCM, DDP, PDBC, DPU, CMDT, SBV, CSCR, FAAR
    Jul. 11, 2016, 9:15 AM
  • Mar. 29, 2016, 7:48 AM
    • Recent advances aren't rooted in fundamentals, says Barclays analyst Kevin Norrish, in a report titled "Buffalo Jump." The risk, he says, is that the investing herd may very quickly decide to ring the register on recent gains.
    • Copper (NYSEARCA:JJC) could fall 20% and oil could drop back to the low $30s.
    • “Key commodities markets such as oil and copper already face overhangs of excess production capacity and inventories, but also now face another obstacle in the recovery process, that of positioning, which is now approaching bullish extremes."
    • ETFs: DJP, GSG, RJI, GCC, GSP, GSC, CMD, DJCI, LSC, UCI, UCD, CSCB, CSCR
    Mar. 29, 2016, 7:48 AM
  • Mar. 17, 2016, 7:17 AM
    • That bright green across the screen isn't in honor of St. Patrick's Day. Instead, it's a strong bid for commodities and foreign currencies after the Fed yesterday cut its forecast for rate hikes this year to two from four.
    • This just in: Crude oil (NYSEARCA:USO) is up on the year, rising 1.6% today to $40.63.
    • Other movers: Gold (NYSEARCA:GLD+3.25% to $1,270. Silver (NYSEARCA:SLV+3.4% to $15.74, Copper (NYSEARCA:JJC+2,5% to $2.29, Platinum (PPLT, PTM+3% to $988, Lumber (NASDAQ:WOOD+3.5% to $297, Beans (NYSEARCA:SOYB+0.6% to $899.50, Corn (NYSEARCA:CORN+0.5% to $370.25, Wheat (NYSEARCA:WEAT+0.85% to $475.
    • The euro (NYSEARCA:FXE+1.15%, yen (NYSEARCA:FXY+1.3%, pound (NYSEARCA:FXB+0.85%, loonie (NYSEARCA:FXC+1.15%, aussie (NYSEARCA:FXA+1.3%, swissie (NYSEARCA:FXF+1%.
    • ETFs: DBC, DJP, GSG, RJI, GCC, USCI, GSP, GSC, CMD, DJCI, DEE, LSC, DYY, FTGC, UCI, DDP, BCM, UCD, COMT, CMDT, DPU, SBV, PDBC, CSCB, CSCR
    Mar. 17, 2016, 7:17 AM | 25 Comments
  • Jan. 4, 2016, 9:12 AM
    • WisdomTree Investments (NASDAQ:WETF) closes its purchase of GreenHaven Commodity Services, the manager of the GreenHaven Continuous Commodity Index Fund (NYSEARCA:GCC) and the GreenHaven Coal Services Commodity Index Fund (NYSEARCA:TONS).
    • The two ETFs will be rebranded as The WisdomTree Continuous Commodity Index Fund and The WisdomTree Coal Fund, respectively (symbols to remain the same).
    • GCC had $227M in AUM as of year-end, and TONS $1M.
    Jan. 4, 2016, 9:12 AM
  • Oct. 30, 2015, 7:41 AM
    • Alongside its Q3 results announced today, WisdomTree (NASDAQ:WETF) agrees to purchase GreenHaven Commodity Funds, the owner of two commodity-related ETFs (GCC and TONS).
    • Consideration is $11.75M in cash. GCC has $247M in AUM and TONS $1M.
    • The financial impact of the deal won't be material to WisdomTree's EPS.
    • Previously: WisdomTree U.S. ETFs see net outflows in Q3 (Oct. 30)
    Oct. 30, 2015, 7:41 AM
  • Oct. 21, 2015, 11:14 AM
    • With some commodities off 80% from their supercycle highs and others more like 40%, the Bloomberg Commodity Excess Return Index is at lows not seen since 2001's "tech wreck."
    • Among those hit hardest are sugar, nickel, and natural gas, while gold, palladium, and beans have held up better (only on a relative basis).
    • No secret here: China is (by far) the world's largest consumer in nearly every global commodity market, so discerning where that country's demand is headed is key. On that note, the price action in copper - which has a pretty good correlation to China's economy - suggests GDP growth there of just 5% vs. the government's official estimate of 7%.
    • Still, prices for many commodities - copper among them - are approaching the point where they're better left in the ground. The conclusion, says Barclays: A bottom may be in, but we could be on the floor for a long time.
    • ETFs: DBC, DJP, GSG, RJI, GCC, USCI, GSP, GSC, DJCI, DEE, LSC, CMD, UCI, FTGC, DYY, DDP, BCM, UCD, COMT, CMDT, SBV, DPU, PDBC, CSCB, CSCR
    Oct. 21, 2015, 11:14 AM | 3 Comments
  • Oct. 12, 2015, 9:20 AM
    Oct. 12, 2015, 9:20 AM | 3 Comments
  • Aug. 31, 2015, 12:30 PM
    • The fund manager best known for its chief Jeff Gundlach and a focus on fixed-income launches the DoubleLine Strategic Commodity Fund.
    • Jeffrey Sherman is the portfolio manager.
    • The Class I shares - with $100K minimum initial investment - has a 1.1% expense ratio. The Class N shares - with $2K minimum initial investment - has a 1.36% ratio.
    • ETFs: DBC, DJP, GSG, RJI, GCC, USCI, GSP, GSC, DJCI, DEE, LSC, CMD, UCI, FTGC, DYY, DDP, BCM, UCD, COMT, CMDT, SBV, DPU, PDBC, CSCB, CSCR
    Aug. 31, 2015, 12:30 PM | 1 Comment
  • Jul. 31, 2015, 8:13 AM
    • In an effort to increase its influence on global commodity prices, China will allow outside traders to transfer foreign currency or yuan funds into China to trade on its commodity futures markets, signifying a major reform for the world's top consumer of many raw materials.
    • Currently, foreigners have very limited access to China's commodities markets. Companies are only allowed to trade via brokers after establishing a locally registered non-financial unit, which is expensive.
    • Starting August 1, trading or brokerage firms can open special accounts in designated Chinese banks. The funds must be used for trading only.
    • The China Securities Regulatory Commission says that the Shanghai Futures Exchange's crude oil futures will be the first contract available for trading by foreigners. They may also apply for a direct trading license with the exchange. No information on the timing of access to additional futures contracts is available.
    • ETFs: DBC, DJP, GSG, CHIX, RJI, GCC, USCI, GSP, GSC, CHIM, DJCI, DEE, LSC, CMD, UCI, DYY, FTGC, DDP, BCM, UCD, COMT, CMDT, SBV, DPU, PDBC, CSCB, CSCR
    Jul. 31, 2015, 8:13 AM | 18 Comments
  • Jul. 20, 2015, 8:02 AM
    Jul. 20, 2015, 8:02 AM | 1 Comment
  • Mar. 17, 2015, 8:10 AM
    • "China’s economic transition and the inability of other emerging markets to pick up the slack are driving slower demand growth across the commodities complex,” says the team at Citi. "The extent of slowdown is likely to vary by commodity.”
    • Hardest hit, says Citi, will be bulk commodities like coal, iron ore, and steel thanks to their exposure to China's manufacturing, infrastructure, and property sectors.
    • Oil consumption growth in China and the "Emerging 5" - India, Southeast Asia, the Middle East, Latin America, and Africa - will be 2.7% from 2014-2020, and 2.3% from 2020-2025 vs. 4% from 2001-2011.
    • The upside from China no longer being as dominant: “Global demand as a whole should become less cyclical as a downturn in one key economy has a lesser impact on overall demand."
    • ETFs: DBC, DJP, GSG, RJI, GCC, USCI, GSC, GSP, RGRC, DJCI, LSC, DEE, UCI, FTGC, CMD, DYY, BCM, DDP, UCD, CMDT, COMT, DPU, SBV, CSCB, PDBC, CSCR
    Mar. 17, 2015, 8:10 AM
  • Jan. 2, 2015, 9:27 AM
    Jan. 2, 2015, 9:27 AM | 2 Comments
  • Dec. 31, 2014, 2:17 PM
    • A tough year for commodity prices continues all the way into the close of the last session, with precious metals, energy, grains, and most of the softs slumping sharply. 2014's big commodity winner, naturally, stands alone in the green today - coffee is up 2%.
    • The PowerShares DB Commodity Index Tracker (DBC -1.9%)
    • Alongside the commodity slump, both this year and this session, is a stronger dollar, set to close 2014 out at its highest level in at least five years.
    • ETFs: DBC, DJP, GSG, RJI, GCC, USCI, GSC, GSP, RGRC, DJCI, LSC, DEE, UCI, FTGC, CMD, DYY, BCM, DDP, UCD, CMDT, COMT, DPU, SBV, CSCB, PDBC, CSCR
    Dec. 31, 2014, 2:17 PM | 1 Comment