COM

Direxion Auspice Broad Commodity Strategy ETF

$29.52

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Direxion Auspice Broad Commodity Strategy ETF (COM) seeks to provide exposure to a diversified basket of commodity futures contracts with the goal of generating positive returns in a variety of market environments.

Overview

ETF tracking Direxion Auspice Broad Commodity Strategy ETF

Category Commodities

Issuer Other

Inception Date 2017-03-30

Market Cap $183.0M

Average Volume N/A

Dividend Yield 3.15%

52-Week Range $27.47 - $29.64

VWAP $29.55

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses a rules-based strategy to dynamically allocate across a broad range of commodity futures contracts, including energy, agriculture, industrial metals, and precious metals. The strategy aims to identify and capitalize on changing commodity price trends.

✨ Key Features

Broad exposure to a diversified basket of commodity futures contracts
Actively managed, rules-based strategy that seeks to identify and capitalize on changing commodity price trends
Potential for positive returns in a variety of market environments
Low expense ratio of 0.00%

⚠️ Primary Risks

Commodity price volatility and potential for significant losses
Risks associated with the use of futures contracts, including leverage and counterparty risk
Potential for the fund's performance to deviate from the underlying commodity prices
Limited performance history, as the fund has not yet completed a full year of operations

👤 Best For

The Direxion Auspice Broad Commodity Strategy ETF may be suitable for investors seeking exposure to a diversified basket of commodity futures contracts as part of a broader investment portfolio. However, due to the fund's limited performance history and the inherent risks of commodity investing, it is best suited for experienced investors with a high risk tolerance and a long-term investment horizon.