RCOM

Elkhorn Fundamental Commodity Strategy ETF
CLOSING PRICECHANGE (%)VOLUME
$24.42-- (--)1
4:00:00 p.m. (ET) 07/21/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
19924.4225.31300
F

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

RCOM Fund Description

The Elkhorn Fundamental Commodity Strategy ETF is an actively-managed fund that aims to outperform a broad-market index of commodity futures, which is weighted by liquidity, momentum and roll yield.

RCOM FactSet Analytics Insight

Actively-managed RCOM is best thought of as an index-tracking fund with an active component. The fund follows its benchmark—the Dow Jones RAFI Commodity Index—as closely as possible, but attempts to boost returns through the active management of the fund's collateral. The benchmark includes all major commodities, with the three sectors (energy, agriculture and metals) weighted equally while individual commodities are weighted by a combination of liquidity, momentum and implied roll yield. Contract tenor selection is determined by a dynamic, rules-based process based on liquidity and implied roll yield. The fund's active manager invests its collateral in high-quality, short-term instruments such as US government and corporate debt, repurchase agreements and money market funds.

RCOM is organized as an open-ended ETF, rather than a commodities pool, so investors avoid receiving a complicated K-1 form at tax time. The fund pulls this off by getting its commodity exposure through a wholly-owned Cayman Islands subsidiary, an increasingly common structure in the commodity space.

RCOM MSCI ESG Fund metrics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of July 20, 2017 the Elkhorn Fundamental Commodity Strategy ETF MSCI ESG Fund Quality Score is 6.79 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. RCOM ranks in the 70th percentile within its peer group and in the 89th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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RCOM Top 10 Contracts

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RCOM Summary Data

09/21/16
Open-Ended Fund
0.75%
$9.97 M
$2.02 K
1.75%

RCOM Portfolio Data

Futures
Optimized
N/A
--

RCOM Index Data

No Underlying Index
Multi-Factor
Liquidity
S&P GSCI

Related ETFs to RCOM

PDBC, FTGC, DWAC, GSG, GSP
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

RCOM Portfolio Management

0.75%
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--
--

RCOM Tax Exposures

20.00% / 39.60%
--
No

RCOM Fund Structure

Open-Ended Fund
Yes
No
N/A
N/A
High
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS10026.10
2,50025.69
10025.41
30025.38
30025.31
BIDS19924.42
30024.36
30024.28
2,50023.98
10023.92
LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 13:25:20
Daily Spread
Premium/Discount
Volume

RCOM FactSet Analytics Block Liquidity

As of 07/21/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of RCOM. RCOM is rated a N/A out of 5.

RCOM Tradability

78
$2.02 K
0
$0
1.75%
$0.43
0.31%
4.93% / -2.76%
None
--
50,000
0
0.04%
--
--
$24.42
N/A

RCOM Performance Statistics

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--
--
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0%

RCOM MSCI ESG Fund Metrics

6.79 / 10
70.45
89.45
--
0.26%
65.47