What is FUE?

FUE tracks an index of biofuel-related commodities weighted by their calorific potential. It gains exposure to futures contracts ranging from second- to fifth- month futures.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FUE 0.25% 3.04% -2.75% 13.22% 24.99% 11.40% 0.68%
FUE (NAV) 0.08% 2.56% -1.80% 14.71% 24.92% 11.46% 0.43%
ICE BofAML Commodity Index eXtra Biofuels (Intraday Indicative) 0.16% 2.78% -1.74% 15.65% 25.97% 12.39% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FUE Factset Analytics Insight

FUE reaches far beyond the scope of the typical core grains commodities of corn, soybeans and wheat due to its unique focus on biofuel and feedstock commonly used in the production of biofuels. FUE excludes wheat altogether, eligible commodities may include barley, canola, soybean, soybean oil, sugar and rapeseed and is subject to change depending on liquidity and the Committee. The index selection and weighting accounts liquidity of the futures contracts and the value of the global production, focusing on caloric potential of each commodity in terms of energy potential in technology. As an exchange-traded note FUE carries the credit risk of the issuer, the Swedish Export Credit Corp. The futures contracts are rolled into a later expiry ranging from second- to fifth- month futures, over a fifteen day period in each month prior to expiration.

FUE Summary Data

02/05/08
0.75%
$2.87M
ICE BofAML Commodity Index eXtra Biofuels (Intraday Indicative)
N/A
Exchange-Traded Note

Peers

N/A
N/A

Fund Flows

$0.00B 5 Days
+$0.00B 30 Days
+$0.00B 90 Days

FUE Portfolio Data

Futures
Laddered
Annually
--

FUE Index Data

ICE BofAML Commodity Index eXtra Biofuels (Intraday Indicative)
Proprietary
Committee
N/A

FUE Portfolio Management

0.75%
-1.04%
-0.87%
-6.02%

FUE Tax Exposures

20.00% / 39.60%
--
No

FUE Fund Structure

Exchange-Traded Note
Yes
N/A
Swedish Export Credit Corp - SEK
Low
High
None

Factset Analytics Block Liquidity

As of 01/23/23

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

FUE Tradability

2,736
$33.13K
211
$2.23K
0.90%
$0.11
0.15%
5.60% / -7.51%
None
100.00%
500,000
0.00
0.00%
--
0
$12.01
5

FUE Performance Statistics

--
--
0.75
0.73
0.01%

FUE Tenor Strategy

FUE holds futures contracts on either biofuels or feedstock used in the production of biofuels and rolled the month before expiration.

FUE Rolling Strategy

FUE rolls its underlying contracts over a 15 day period during the month preceeding a given contract's expiration