What is GRU?

GRU tracks an index of grains. It gains exposure to futures contract ranging from third- to sixth- month futures.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GRU 2.92% -1.31% -0.95% 7.77% 19.74% 9.87% -3.05%
GRU (NAV) 2.28% -1.82% -2.36% 13.24% 19.05% 9.90% -3.04%
ICE BofAML Commodity Index eXtra Grains (Intraday Indicative) 2.24% -1.72% -2.30% 14.09% 20.06% 10.78% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GRU Factset Analytics Insight

GRU provides exposure to the following grains: corn, wheat, soybeans, and soybean meal. The composition is determined annually and is announced in the fourth quarter of the current year. The Index Administrator selects commodities primarily on the liquidity and the value of the global production. Each component is rolled into the next available contract month in advance of the month in which expiration of the contract occurs. Although GRU is marketed under Elements brand, the ETN comes with credit risk tied to the Swedish Export Credit Corp.

GRU Summary Data

02/05/08
0.75%
$8.43M
ICE BofAML Commodity Index eXtra Grains (Intraday Indicative)
N/A
Exchange-Traded Note

Peers

N/A
JJG

Fund Flows

$0.00B 5 Days
-$0.00B 30 Days
-$0.00B 90 Days

GRU Portfolio Data

Futures
Laddered
Annually
--

GRU Index Data

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

GRU Portfolio Management

0.75%
-1.06%
-0.74%
-1.73%

GRU Tax Exposures

20.00% / 39.60%
--
No

GRU 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 GRU. GRU is rated a 5 out of 5.

GRU Tradability

13,802
$73.21K
7,210
$38.58K
0.67%
$0.04
-0.04%
16.59% / -2.01%
None
100.00%
500,000
0.01
0.00%
--
0
$5.39
5

GRU Performance Statistics

--
--
1.05
1.03
0.00%

GRU Tenor Strategy

GRU holds futures contracts on Corn, Soybeans, Soybean meal and Wheat rolling contracts the month prior to expiration.

GRU Rolling Strategy

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