Commodities: Industrial Metals
With 5 ETFs and over $341.46M in combined AUM, the Commodities: Industrial Metals segment provides exposure to the Global space with a focus on Broad Market securities.
Year-to-date, the best-performing ETF in the segment is the ETRACS UBS Bloomberg CMCI Industrial Metals Total Return ETN (UBM), with a total return of 4.89%. Meanwhile, the most popular ETF is the PowerShares DB Base Metals Fund (DBB) with $324.26MB 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: Industrial Metals segment is 70 out of 100, with the PowerShares DB Base Metals Fund(DBB) obtaining the highest rating of 75 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.70% per year, with the iPath Series B Bloomberg Industrial Metals Subindex Total Return ETN (JJMB) having the lowest expense ratio, charging investors 0.45% yearly.
Investors should look for funds with tight tracking, such as the ETRACS UBS Bloomberg CMCI Industrial Metals Total Return ETN (UBM), with a 12-month median tracking difference of -0.74%.
ETF.com Tradability Insight
The average tradability score in the Commodities: Industrial Metals segment is 61 out of 100, with the PowerShares DB Base Metals Fund(DBB) obtaining the highest rating of 97 out of 100.
The PowerShares DB Base Metals Fund (DBB) is the undisputed segment leader when it comes to liquidity. The fund trades 3.61M in daily average volume. Investors should also find ample liquidity in the iPath Bloomberg Industrial Metals Subindex Total Return ETN (JJM), with $169.97K in daily dollar volume.
Use limit orders to trade funds such as the ETRACS UBS Bloomberg CMCI Industrial Metals Total Return ETN(UBM), due to their double-digit market spreads.
ETF.com Fit Insight
The S&P GSCI Industrial Metals 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 UBM. 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, DBB follows a Optimized commodity strategy and obtains a low Fit score compared with our neutral benchmark.