Commodities: Agriculture Grains
With 5 ETFs and over $100.21M in combined AUM, the Commodities: Agriculture Grains segment provides exposure to the Global space with a focus on Grains securities.
Year-to-date, the best-performing ETF in the segment is the Elements MLCX Grains Index-Total Return ETN (GRU), with a total return of 8.03%. Meanwhile, the most popular ETF is the iPath Bloomberg Grains Subindex Total Return ETN (JJG) with $83.66MB in assets under management.
Investors should take a look at the (). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. has an expense ratio of -- and tracks the .
ETF.com Efficiency Insight
The average efficiency score in the Commodities: Agriculture Grains segment is 68 out of 100, with the Elements MLCX Grains Index-Total Return ETN(GRU) obtaining the highest rating of 73 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.71% per year, with the iPath Series B Bloomberg Grains Subindex Total Return ETN (JJGB) having the lowest expense ratio, charging investors 0.45% yearly.
Investors should look for funds with tight tracking, such as the iPath Pure Beta Grains ETN (WEET), with a 12-month median tracking difference of -0.80%.
ETF.com Tradability Insight
The average tradability score in the Commodities: Agriculture Grains segment is 60 out of 100, with the iPath Bloomberg Grains Subindex Total Return ETN(JJG) obtaining the highest rating of 96 out of 100.
The iPath Bloomberg Grains Subindex Total Return ETN (JJG) is the undisputed segment leader when it comes to liquidity. The fund trades 1.46M in daily average volume. Investors should also find ample liquidity in the Elements MLCX Grains Index-Total Return ETN (GRU), with $18.13K in daily dollar volume.
Use limit orders to trade funds such as the Elements MLCX Biofuels Index-Total Return ETN(FUE), due to their double-digit market spreads.
ETF.com Fit Insight
The S&P GSCI Grains has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to GRU. This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, FUE follows a Laddered strategy and obtains a low Fit score compared with our neutral benchmark.