COMB

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
D

N/A
*Unless otherwise stated, data provided by FactSet.

COMB Fund Description

The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF seeks to outperform a broad commodity market index through active management of the fund’s collateral. The index includes futures contracts on up to 24 different commodities.

COMB Factset Analytics Insight

COMB seeks to deliver a broad, diversified basket of commodities. Although COMB is an active fund, it generally tracks the Bloomberg Commodity Index. This index considers variables such as economic significance, diversification, continuity, and liquidity when selecting and weighting its contracts so that no single commodity or commodity sector dominates. Because the index weights its holdings by liquidity as well as production, and places caps on single commodities and sectors, investors can expect large deviations from our uncapped, production-weighted benchmark. Notably, BCOM severely underweights energy compared to our benchmark, while exposure to agriculture and metals (gold in particular) exceeds our benchmark. Of course, due to its active nature, COMB retains the ability to deviate from the index when it deems necessary.Utilizing a common structure in the commodity space, the fund’s futures exposure is held in a Cayman Islands subsidiary while the collateral is actively managed with investments in short-term US fixed income securities. Because of this, investors avoid receiving a K-1 at tax time. COMB charges one of the lowest fees in the commodity ETF market. The fund competes directly with ETFS’ BCI, which uses a similar Cayman structure. Two ETNs, UBS’ DJCI and Barclays’ DJP, track the same index.

COMB CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/16/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
COMB 0.16% -7.56% -5.16% 1.26% -- -- --
COMB (NAV) 0.33% -7.60% -5.20% 1.70% -- -- --
No Underlying Index -- -- -- -- -- -- --
S&P GSCI -0.06% -6.75% 3.09% 20.77% -0.35% -11.89% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

COMB Top 10 Holdings [View All]

COMB Summary Data

05/22/17
Open-Ended Fund
0.25%
--
$660.66K
0.11%

COMB Portfolio Data

Futures
Extended Term
N/A
--

COMB Index Data

No Underlying Index
Multi-Factor
Fixed
S&P GSCI

COMB Portfolio Management

0.25%
--
--
--

COMB Tax Exposures

20.00% / 39.60%
--
No

COMB Fund Structure

Open-Ended Fund
No
No
N/A
N/A
Medium
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

COMB Factset Analytics Block Liquidity

As of 08/17/18
5
4
3
2
1

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

COMB Tradability

26,110
$660.66K
12,053
$306.42K
0.11%
$0.03
0.09%
1.19% / -0.58%
None
0.00%
50,000
0.24
0.04%
--
--
$24.82
N/A

COMB TOP 10 TARGETED COMMODITY WEIGHTS[View All]

10.78%
8.49%
8.27%
8.26%
7.07%
7.07%
6.50%
6.28%
5.91%
5.91%
74.54%

COMB Tenor Strategy

COMB invests in a single futures contract for each commodity at a given time. Depending on the commodity, contracts may be tracked up to five months out, according to a fixed schedule. COMB holds contracts until the month of expiration.

COMB Rolling Strategy

COMB rolls contracts over a predetermined 5-day period each month.

COMB Performance Statistics

0.75
0.58
--
--
0.00%