#4 - Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC)
One of the benefits of investing in ETFs is that they can give investors exposure to a variety of components within a sector without giving too much exposure to any one component. That’s the reason to consider the Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC). This fund tracks a basket of commodities ranging from agricultural products, oil, precious metals, and base metals. The fund has $5 billion of assets under management.
That being said, investors should be aware that the fund does use futures contracts to acquire assets. Futures contracts are derivative investments that allow the buyer to lock in a predetermined price (i.e. a contract) to buy a particular commodity at a specific date in the future. This makes the fund even more volatile than commodities can be. It also carries a relatively high expense ratio of 0.87%.
About Invesco DB Commodity Index Tracking Fund
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. Deutsche Bank offers unparalleled financial services in countries throughout the world.
Read More - Current Price
- $23.27
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
