COMG

GraniteShares S&P GSCI Commodity Broad Strategy No K-1 ETF
B

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

COMG Fund Description

COMG seeks to outperform a broad commodity market index through active management of the fund’s collateral. The index includes futures contracts on 24 different commodities.

COMG Factset Analytics Insight

COMG might be best thought of as an index fund with an active overlay. The fund generally tracks the S&P GSCI, a broad commodity market index that’s weighted by global production. (It’s also our chosen benchmark for the segment.) Expect major exposure to energy—oil in particular—and less to storable commodities, such as gold, which are often produced in small quantities relative to their trading activity. As an active fund, COMG has the ability to deviate from the index when the manager deems necessary, but this shouldn’t happen under normal circumstances. Instead, the manager will actively invest the fund’s collateral in high quality, short-term US fixed income securities, with an aim toward beating the index (which assumes that collateral is simply invested in T-bills) before fees.COMG avoids saddling investors with mark-to-market tax accounting and complicated K-1 tax forms by holding the fund’s futures exposure in a Cayman Islands-based subsidiary—a common structure in the commodity ETP space. It also charges one of the lowest fees in its segment, though it’s notably more expensive the peer fund COMB, which tracks the competing Bloomberg Commodity Index. COMG competes directly with iShares’ GSG and Barclays’ GSP, which also track the S&P GSCI.

COMG MSCI ESG Analytics 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 December 13, 2018 the GraniteShares S&P GSCI Commodity Broad Strategy No K-1 ETF MSCI ESG Fund Quality Score is 6.89 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. COMG ranks in the 100th percentile within its peer group and in the 91st percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

COMG CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
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  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 12/13/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
COMG -2.73% -10.78% -5.36% -0.55% -- -- --
COMG (NAV) -2.77% -11.40% -5.83% 0.06% -- -- --
No Underlying Index -- -- -- -- -- -- --
S&P GSCI -3.00% -11.00% -5.05% 1.09% 3.55% -12.62% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

COMG Top 10 Holdings [View All]

COMG Summary Data

05/22/17
Open-Ended Fund
0.35%
$7.78M
$70.62K
0.21%

COMG Portfolio Data

Futures
Front Month
N/A
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COMG Index Data

No Underlying Index
Production
Liquidity
S&P GSCI

COMG Portfolio Management

0.35%
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COMG Tax Exposures

20.00% / 39.60%
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No

COMG Fund Structure

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

COMG Factset Analytics Block Liquidity

As of 12/14/18
5
4
3
2
1

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

COMG Tradability

2,488
$70.62K
1,007
$29.26K
0.21%
$0.06
0.03%
2.88% / -1.46%
None
100.00%
50,000
0.02
0.04%
--
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$26.09
5

COMG TOP 10 TARGETED COMMODITY WEIGHTS[View All]

19.72%
17.13%
12.67%
11.41%
8.85%
7.60%
6.37%
6.34%
3.78%
2.91%
96.78%

COMG Tenor Strategy

0

COMG Rolling Strategy

0

COMG Performance Statistics

0.97
0.96
--
--
0.00%

COMG MSCI ESG Ratings

6.89 / 10
100.00
90.97
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