Commodities have been under pressure lately as the Coronavirus situation gives fears of a worldwide slowdown of economies.
A vehicle to play is the Wisdom Tree Continuous Commodity Index Fund ETF, symbol GCC, US$ 17.74. GCC tracks an equal-weighted index of 17 commodities.
It uses futures contracts averaged across the nearest 6 months of the futures curve to maintain its exposure and rebalances daily. Each commodity is weighted around 5.9%. (Attachments 5&6)
Attachment 1 displays the CRB Reuters/Jefferies CRB Index. The index comprises 19 commodities but is heavily weighted in energy with oil being weighted 23%. Together with natural gas and gasoline, the energy sector is weighted way over 30% (attachment 2).
