CoreCommodity Natural Resources ETF (CCNR)

Overview

The CoreCommodity Natural Resources ETF provides exposure to companies involved in the production and distribution of natural resources, offering diversification across energy, agriculture, and metals sectors.

Reputation and Reliability

Information about the issuer's reputation and track record is generally positive, reflecting stability and a commitment to providing diversified commodity exposure.

Management Expertise

The management team possesses expertise in commodity markets and structured investment products.

Goal

The primary goal is to provide investment results that, before fees and expenses, correspond generally to the performance of the Rogers Core Commodity Index.

Investment Approach and Strategy

Strategy: The ETF tracks an index composed of commodity futures contracts, representing a broad range of natural resources sectors.

Composition The ETF holds futures contracts on various commodities within the energy, agriculture, and metals sectors.

Market Share: Data about CoreCommodity Natural Resources ETFu2019s (CRNQ) exact market share is difficult to provide with real time data, but is a fraction of the entire market share.

Total Net Assets (AUM): 45410000

Key Competitors

• PDBC
• DBC
• GCC

Competitive Landscape

The commodity ETF market is competitive, with various ETFs offering exposure to different commodity baskets. CRNQ offers broad natural resource exposure, competing with other ETFs focusing on similar or narrower commodity sets. Advantages for CRNQ may include its specific index tracking and expense ratio versus competitors, while disadvantages could be lower AUM or liquidity compared to larger competitors such as PDBC. DBC is another similar ETF which offers similar commodity diversification.

Historical Performance: Historical performance data is needed, and varies depending on market conditions and commodity price fluctuations.

Benchmark Comparison: Comparison with the Rogers Core Commodity Index is necessary to assess tracking effectiveness.

Expense Ratio: 0.29

Average Trading Volume

The ETF's average trading volume indicates moderate liquidity, providing reasonable ease of entry and exit for investors.

Bid-Ask Spread

The bid-ask spread represents the cost of trading, and varies with market conditions and trading volume, generally increasing with low liquidity.

Market Environment Factors

Economic indicators, sector growth prospects, commodity prices, and global supply and demand dynamics influence the ETF's performance.

Growth Trajectory

Growth patterns depend on global economic trends, commodity demand, and the ETF's ability to effectively track its underlying index. Changes to strategy and holdings are dependent on the commodities market landscape.

Competitive Edge

CRNQ's competitive edge stems from its diversified exposure to natural resources via futures contracts and generally lower than average expense ratio. The Rogers Core Commodity Index it tracks offers a broad and balanced representation of the commodities market. This makes it suitable for investors seeking a one-stop solution for commodities exposure, especially those looking to avoid single-commodity or sector-specific risks. However, its smaller size can affect liquidity compared to larger, more established competitors.

Volatility

Historical volatility data will depend on prevailing commodities markets.

Market Risk

Market risk includes fluctuations in commodity prices, geopolitical events affecting supply chains, and changes in investor sentiment towards natural resources.

Ideal Investor Profile

The ideal investor is seeking diversified exposure to the natural resources sector, potentially as a hedge against inflation or to capitalize on commodity price movements.

Market Risk

CRNQ is suitable for investors with a moderate to high risk tolerance and a long-term investment horizon, but also acceptable for short-term traders seeking to speculate on commodities price movements.

CRNQ offers diversified exposure to natural resources through commodity futures contracts, tracking the Rogers Core Commodity Index. It suits investors seeking inflation protection or commodity price appreciation, carrying risks associated with commodity markets. Its expense ratio of 0.29% is competitive, but its smaller size and lower liquidity compared to competitors like PDBC and DBC should be considered. The ETF is a relatively safe investment for those seeking access to the commodities market.

Data Sources:

• Issuer Website
• Financial News Outlets
• ETF Database

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Market conditions and ETF performance can change rapidly.