COMB

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

$22.68
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) seeks to provide exposure to a broad basket of commodity futures contracts, with the goal of tracking the performance of the Bloomberg Commodity Index.

Overview

ETF tracking GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

Category Commodities
Issuer Other
Inception Date 2017-05-22
Market Cap $91.8M
Average Volume N/A
Dividend Yield 2.18%
52-Week Range $19.75 - $22.96
VWAP $22.77

Performance

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Investment Summary

📎 Investment Objective

The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) seeks to provide exposure to a broad basket of commodity futures contracts, with the goal of tracking the performance of the Bloomberg Commodity Index.

🎯 Investment Strategy

The ETF invests in a diversified portfolio of commodity futures contracts across sectors such as energy, agriculture, industrial metals, and precious metals. It aims to provide broad commodity exposure without the tax reporting complexities associated with investing directly in physical commodities or commodity-linked partnerships.

✨ Key Features

  • Broad commodity market exposure through a single fund
  • No K-1 tax reporting required, simplifying tax filing
  • Seeks to track the performance of the Bloomberg Commodity Index
  • Diversified across multiple commodity sectors

⚠️ Primary Risks

  • Commodity price volatility and market risk
  • Potential for losses due to contango or backwardation in the futures market
  • Currency risk for international commodity exposures
  • Liquidity risk and tracking error compared to the benchmark index

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the commodity markets as part of a diversified portfolio. It may be particularly appealing to those who want to avoid the tax reporting complexities of investing directly in physical commodities or commodity-linked partnerships. Investors should be comfortable with the inherent volatility and risks associated with the commodity futures market.