Commodities: Agriculture Livestock
With 4 ETFs and over $22.70M in combined AUM, the Commodities: Agriculture Livestock segment provides exposure to the Global space with a focus on Livestock securities.
Year-to-date, the best-performing ETF in the segment is the ETRACS UBS Bloomberg CMCI Livestock Total Return ETN (UBC), with a total return of 1.35%. Meanwhile, the most popular ETF is the iPath Bloomberg Livestock Subindex Total Return ETN (COW) with $13.82MB 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 Livestock segment is 67 out of 100, with the ETRACS UBS Bloomberg CMCI Livestock Total Return ETN(UBC) obtaining the highest rating of 70 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.68% per year, with the iPath Series B Bloomberg Livestock Subindex Total Return ETN (COWB) having the lowest expense ratio, charging investors 0.45% yearly.
Investors should look for funds with tight tracking, such as the iPath Bloomberg Livestock Subindex Total Return ETN (COW), with a 12-month median tracking difference of -0.25%.
ETF.com Tradability Insight
The average tradability score in the Commodities: Agriculture Livestock segment is 54 out of 100, with the iPath Bloomberg Livestock Subindex Total Return ETN(COW) obtaining the highest rating of 75 out of 100.
The iPath Bloomberg Livestock Subindex Total Return ETN (COW) is the undisputed segment leader when it comes to liquidity. The fund trades 379.66K in daily average volume. Investors should also find ample liquidity in the iPath Pure Beta Livestock ETN (LSTK), with $17.21K in daily dollar volume.
Use limit orders to trade funds such as the ETRACS UBS Bloomberg CMCI Livestock Total Return ETN(UBC), due to their double-digit market spreads.
ETF.com Fit Insight
The S&P GSCI Livestock 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 COW. 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, LSTK follows a Optimized commodity strategy and obtains a low Fit score compared with our neutral benchmark.