17 Commodity ETFs to Hedge Your Portfolio [View article]
it's an equally-weighted index so it isn't as volatile as the GoldiSax Index which is well over 50% crude oil. So it may not be the best choice for short term trading, but it's super for long term diversification of a total portfolio. i'm using it as an inflation hedge in an income portfolio.
another similar one is PIMCO's PCRDX or PCRIX which uses a DJ-AIG indexed note over a TIPS base. It pays about 4% on the TIPS, so it works well in a tax-deferrred IRA or similar account as a double barreled inflation hedge.
17 Commodity ETFs to Hedge Your Portfolio [View article]
The best commodity index ETF is GCC. It is the old CRB Index with 17 equally-weighted commodities, essentially all US-traded commodity futures except no oats, no soybean meal or bean oil, and no meats. Being equally-weighted, the ride is smoother. And when coffee and cocoa make their runs, you're there too.
Plus you get the very favororable taxation afforded to futures as opposed to ETN's and to collectibles like the silver and gold funds. (Many of DB's funds are also futures based.)
17 Commodity ETFs to Hedge Your Portfolio [View article]
another similar one is PIMCO's PCRDX or PCRIX which uses a DJ-AIG indexed note over a TIPS base. It pays about 4% on the TIPS, so it works well in a tax-deferrred IRA or similar account as a double barreled inflation hedge.
17 Commodity ETFs to Hedge Your Portfolio [View article]
17 Commodity ETFs to Hedge Your Portfolio [View article]
Plus you get the very favororable taxation afforded to futures as opposed to ETN's and to collectibles like the silver and gold funds. (Many of DB's funds are also futures based.)
I own GCC.
I own GCC.