Barclays recently listed over a dozen exchange traded notes (ETNs) that give investors targeted exposure to various commodities.
The launch highlights the growing popularity of commodities products as investors seek alternatives outside more traditional investments such as stocks and bonds.
At the end of March, there was $102.4 billion in commodity exchange traded funds (ETFs) and about $10 billion in commodity ETNs, according to data from National Stock Exchange.
The PowerShares DB Commodity Index (NYSEArca: DBC) is a broad-based ETF that has returned nearly 15% year to date, outpacing the S&P 500.
The 18 new Barclays ETNs are:
- iPath Pure Beta S&P GSCI-Weighted ETN (SBV)
- iPath Pure Beta Broad Commodity ETN (BCM)
- iPath Pure Beta Crude Oil ETN (OLEM)
- iPath Pure Beta Agriculture ETN (DIRT)
- iPath Pure Beta Grains ETN (WEET)
- iPath Pure Beta Copper ETN (CUPM)
- iPath Pure Beta Nickel ETN (NINI)
- iPath Pure Beta Livestock ETN (LSTK)
- iPath Pure Beta Energy ETN (ONG)
- iPath Pure Beta Industrial Metals ETN (HEVY)
- iPath Pure Beta Sugar ETN (SGAR)
- iPath Pure Beta Softs ETN (GRWN)
- iPath Pure Beta Precious Metals ETN (BLNG)
- iPath Pure Beta Lead ETN (LEDD)
- iPath Pure Beta Cotton ETN (CTNN)
- iPath Pure Beta Coffee ETN (CAFE)
- iPath Pure Beta Cocoa ETN (CHOC)
- iPath Pure Beta Aluminum ETN (FOIL)
Tisha Guerrero contributed to this article.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.