Broad commodity funds allow investors to gain exposure to the price movements of a basket of commodities through futures contracts. Since broad commodity funds hold futures contracts, investors should be aware that the funds are subject to contango or backwardation in the futures market. [Five Things to Know About Commodity ETFs]

Broad commodity ETFs include:

  • E-TRACS DJ-UBS Commodity Index Total Return ETF (NYSEArca: DJCI)
  • GreenHaven Continuous Commodity Index Fund (NYSEArca: GCC)
  • iShares GSCI Commodity-Indexed Trust Fund (NYSEArca: GSG)
  • PowerShares DB Commodity Index Tracking Fund (NYSEArca: DBC)
  • United States Commodity Index Fund (NYSEArca: USCI)

Commodity ETNs:

  • Dow Jones-AIG Commodity Index Total Return ETN (NYSEArca: DJP)
  • E-TRACS Constant Maturity Commodity Index ETN (NYSEArca: UCI)
  • ELEMENTS Rogers International Commodity Index ETN (NYSEArca: RJI)
  • ELEMENTS S&P Commodity Trends Indicator ETN (NYSEArca: LSC)
  • Goldman Sachs Commodity Index GSCI Total Return Index ETN (NYSEArca: GSP)
  • PowerShares DB Commodity Long ETN (NYSEArca: DPU)
  • PowerShares DB Commodity Short ETN (NYSEArca: DDP)
  • S&P GSCI Commodity Sector Returns Index ETN (NYSEArca: GSC)

It should be noted that exchange traded notes are unsecured debt obligations subject to the creditworthiness of the issuing bank. If the issuer goes under, investors may lose their principal. [What Are ETNs? – The Truth About Credit Risk]

Inverse and leveraged commodity funds:

  • PowerShares DB Commodity Double Long ETN (NYSEArca: DYY)
  • PowerShares DB Commodity Double Short ETN (NYSEArca: DEE)
  • ProShares Ultra DJ-AIG Commodity ETF (NYSEArca: UCD)
  • ProShares UltraShort DJ-AIG Commodity ETF (NYSEArca: CMD)

For more information on commodity funds, visit our commodity ETFs category.

Max Chen contributed to this article.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.