ETF Trends publisher Tom Lydon discussed GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.
Commodities are a solid alternative to diversify a traditional portfolio of stocks and bonds. Commodities have historically acted as a good portfolio diversifier that zigs while traditional assets like stocks and bonds zag.
COMB is actively managed but benchmarked to the Bloomberg Commodity Index. It’s also one of the cheapest commodity ETFs on the block with a 0.25% expense ratio.
It sector weights include: energy 27.3%, precious metals 12.0%, industrial metals 18.7%, agriculture 35.1% and livestock 6.9%.