The GraniteShares S&P GSCI Commodity Broad Strategy No K-1 ETF provides exposure to crude oil (WTI and Brent), corn, live cattle, wheat (Chicago and Kansas), heating oil, gas, oil, gold, copper, RBOB gasoline, soybeans, natural gas, aluminum, lean hogs, sugar, cotton, feeder cattle, coffee, zinc, lead, nickel, cocoa and silver.

Related: GraniteShares Hits Scene to Disrupt ETF Landscape

When comparing the two options, COMB includes a much grater tilt toward agriculture and underweights energy while COMG includes over 50% exposure toward energy.

The funds are called “No K-1” because they are designed to operate differently than commodity-based exchange traded funds that distribute the troublesome “Schedule K-1” to shareholders come tax season. The ETFs are designed to be taxed like a conventional mutual fund and therefore will deliver a “Form 1099” to investors. To deliver 1099s consistent with applicable tax law, the ETFs invest in an underlying subsidiary.

Financial advisors who are interested in learning more about the commodities market can register for the Thursday, August 3 webcast here.