ETF Trio Targets Commodities
02/28/2014 9:00 am EST
We are finally seeing money rotate into commodities of all sorts, including silver, energy, and agricultural commodities. "The momentum of late in the commodities space represents, what I think is, at least, a medium-term trend higher," says Doug Fabian, editor of Successful Investing.
The iShares Silver Trust (SLV) is the fund pegged to the spot price of silver bullion. As previously mentioned, silver had an outstanding week, making a strong move higher that blasted past resistance at the 200-day moving average.
PowerShares DB Commodity Index Tracking Fund (DBC) is a fund that tracks a basket of commodities, including gold, silver, Brent crude oil, RBOB gasoline, heating oil, sugar, corn, soybeans, and much more.
The SPDR SSGA Multi-Asset Real Return Portfolio (RLY) is a, sort of, aggregate fund that invests in a variety of other income-generating ETFs in sectors such as natural resources, inflation protected securities, international real estate, REITs, commodities, metals and mining stocks, and much more.
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