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About United States Commodity Index Fund ETV
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Inception date
Aug 10, 2010
Structure
Commodities Pool
Replication method
Synthetic
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
United States Commodity Funds LLC
Distributor
ALPS Distributors, Inc.
USCI aims to be the ultimate contango killer. Each month, it picks the seven commodities with the greatest backwardation (or least contango) and the seven commodities with the greatest 12-month price momentum, with the caveat that it holds at least one precious metal, industrial metal, energy, livestock, soft, and grain commodity. From there, it equally weights the futures contract on each commodity with the greatest backwardation or least contango. The 14 commodity contracts are selected from a pool of 27 eligible futures contract and are determined by quant analysis relating to its prices. Investors should note that USCI issues a K-1 at tax time.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Futures
Bonds, Cash & Other100.00%
Cash50.52%
Futures49.48%
Top 10 holdings
Symbol
Assets
U
U.S. Dollar
50.52%
F
FUTURES
49.48%
Top 10 weight100.00%
2 total holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
USCI assets under management is 227.12 M USD. It's risen 3.06% over the last month.
USCI fund flows account for 21.70 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, USCI doesn't pay dividends to its holders.
USCI shares are issued by The Marygold Cos, Inc. under the brand US Commodity Funds. The ETF was launched on Aug 10, 2010, and its management style is Passive.
USCI expense ratio is 1.07% meaning you'd have to pay 1.07% of your investment to help manage the fund.
USCI follows the SummerHaven Dynamic Commodity (TR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
USCI invests in cash.
USCI price has risen by 1.85% over the last month, and its yearly performance shows a 12.22% increase. See more dynamics on USCI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.50% over the last month, showed a 1.45% increase in three-month performance and has increased by 13.01% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.50% over the last month, showed a 1.45% increase in three-month performance and has increased by 13.01% in a year.
USCI trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.