Discover the Top 10 Commodity ETFs Every Savvy Investor Should Know About
If you’re considering investing in commodities to diversify your portfolio and guard against market fluctuations, you’ve come to the right place. Commodities are physical goods like wheat, corn, oil, gas, gold, silver, steel, and iron that are used to create other goods and are traded worldwide.
A super simple way to invest in commodities is through Exchange-Traded Funds (ETFs). Let me explain: ETFs are funds that track a collection of assets or an index, like a bundle of commodities in our case. You can buy or sell them like stocks through an app like Public.com, Webull, or Moomoo, and you don’t even need to buy a full share — you can buy a part of one!
Coming to which commodity ETFs could be a good fit for you, that’s subjective and depends on lots of factors. Remember this isn’t one-size-fits-all advice, invest with caution. If you aren’t sure about something, as always, ask a financial expert.
Here are some ETF options to explore:
1. Invesco DB Commodity Index Tracking Fund (DBC)
2. iShares U.S. ETF Trust iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT)
3. First Trust Global Tactical Commodity Strategy Fund (FTGC)
4. United States Oil Fund (USO)
5. United States 12 Month Oil Fund LP (USL)
6. SPDR Gold Shares (GLD)
7. iShares Silver Trust (SLV)
8. Teucrium Corn Fund (CORN)
9. Teucrium Wheat Fund (WEAT)
10. Teucrium Soybean ETF (SOYB)
Now, commodity ETFs might not be the center of your investing strategy for the long run, but they can prove handy in a few instances. They can help protect your money against inflation, add diversity to your portfolio, and guard against market ups and downs.
Keep in mind, like all other investments, commodities come with their own set of risks. Their prices can swing quite drastically, are affected by supply-demand dynamics, and can be influenced by external factors like the weather, politics, and state of the economy.
So, there you have it! These were some of the popular and potentially beneficial commodity ETFs you could consider adding to your portfolio. Just evaluate your needs and make an informed decision.
Oh, and here are the three investment platforms again:
1. Public – Great for commission-free trades, good selection of stocks and ETFs, crypto trading, fractional shares, and user-friendly interface.
2. Moomoo – Offers commission-free trades, powerful tools, free real-time data, AI monitoring and forecasting, and even free investing courses.
3. Webull – Ideal for commission-free trades, options, extended trading hours, advanced tools, recurring investments.
Remember: invest wisely!