PIT

VanEck Commodity Strategy ETF

$56.48

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The VanEck Commodity Strategy ETF (PIT) seeks to provide exposure to a diversified portfolio of commodity futures contracts with the goal of generating positive returns regardless of the direction of commodity prices.

Overview

ETF tracking VanEck Commodity Strategy ETF

Category Commodities

Issuer VanEck

Inception Date 2022-12-22

Market Cap $45.2M

Average Volume N/A

Dividend Yield 3.01%

52-Week Range $45.32 - $57.39

VWAP $56.53

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses a systematic, rules-based strategy to gain exposure to a broad range of commodity futures contracts, including energy, precious metals, industrial metals, and agricultural commodities. The strategy aims to identify and capitalize on commodity price trends, both up and down, in an effort to generate positive returns.

✨ Key Features

Broad exposure to a diversified basket of commodity futures contracts
Systematic, rules-based investment approach designed to capture commodity price trends
Potential for positive returns regardless of the direction of commodity prices
Low expense ratio of 0.00%

⚠️ Primary Risks

Commodity price volatility and the potential for significant losses
Risks associated with the use of futures contracts, including leverage and counterparty risk
Lack of a performance history, as the fund is new and does not have a track record
Potential for tracking error between the fund's performance and the underlying commodity markets

👤 Best For

The VanEck Commodity Strategy ETF may be suitable for investors seeking exposure to a diversified portfolio of commodity futures contracts as part of a broader investment strategy. Investors should have a high risk tolerance and understand the unique risks associated with commodity futures investing.