CERY

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

$29.45

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) seeks to provide exposure to a diversified basket of commodity futures contracts, with the goal of generating enhanced returns compared to a traditional commodity index.

Overview

ETF tracking SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

Category Commodities

Issuer State Street

Inception Date 2024-09-05

Market Cap $687.4M

Average Volume N/A

Dividend Yield 0.46%

52-Week Range $25.14 - $29.81

VWAP $29.50

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund tracks the Bloomberg Enhanced Roll Yield Commodity Index, which uses a proprietary methodology to optimize the rolling of commodity futures contracts in an effort to capture an enhanced roll yield. This strategy aims to outperform a standard commodity index over the long term.

✨ Key Features

Diversified exposure to a broad range of commodity futures contracts
Utilizes an enhanced roll yield strategy to potentially generate higher returns
No K-1 tax forms required, making it more tax-efficient for some investors
Low expense ratio of 0.00%

⚠️ Primary Risks

Commodity price volatility and market risk
Potential for losses due to the speculative nature of futures contracts
Tracking error risk, as the fund may not perfectly replicate the performance of its underlying index
Liquidity risk, as the fund may have difficulty trading certain commodity futures contracts

👤 Best For

This ETF may be suitable for investors seeking broad commodity exposure and the potential for enhanced returns, as part of a diversified portfolio. It may be particularly appealing to investors who want to avoid the tax complexities associated with traditional commodity funds that issue K-1 tax forms.