The following four agriculture exchange-traded-fun
Post# of 27026
1. DB Agriculture Double Short ETN (AGA
AGA
DB London DB Agriculture Double Short Exch Traded Nts 2008-1.4.38 Lkd DB Liquid Commdty Idx-Optimum Yld Agrcl ER
31.82
+2.98%
Issuer: Deutsche Asset Management
Avg. Volume: 82
Net Assets: $0.57 million
Yield: N/A
2018 YTD Return: 18.3%
Expense Ratio: 0.75%
Inception Date: April 16, 2008
Price: $31.82
With falling prices throughout 2017, the agriculture industry provides an opportunity for investors to take short positions to potentially benefit from additional decreases in prices. The DB Agriculture Double Short ETN takes a short position in agriculture commodities and adds leverage to enhance returns. The Fund seeks to match the return of the Deutsche Bank Liquid Commodity Index-Optimum Yield Agriculture (-200%) Index. AGA roes over 7% in 2017 and is up more than 18% year-to-date in 2018. Three-year and five-year annualized total returns for the fund are 6.04% and 19.05%. (See also: DAG vs. AGA: Comparing Leveraged Agriculture ETFs.)
2. DB Agriculture Short ETN (ADZ)
Issuer: Deutsche Asset Management
Avg. Volume: 100
Net Assets: $0.4 million
Yield: N/A
2018 YTD Return: -1.67%
Expense Ratio: 0.75%
Inception Date: April 16, 2008
Price: $34.80
The DB Agriculture ETN is another product issued by Deutsche Asset Management that allows investors to seek gains from decreasing agriculture prices. This ETN uses leverage to achieve its objective. It has a similar strategy to AGA, however its leveraged position is less steep, only taking a one times short position. The Fund seeks to match the return of the Deutsche Bank Liquid Commodity Index-Optimum Yield Agriculture (-100%) Index. ADZ performed well in 2017 with a YTD return of 11.40%.
3. PowerShares DB Agriculture ETF (DBA
DBA
Pwsh DB Mult-Sc
19.46
+1.51%
Issuer: Invesco PowerShares
Avg. Volume: 755,890
Net Assets: $663.36 million
Yield: N/A
2018 YTD Return: 1.39%
Expense Ratio: 0.85%
Inception Date: January 5, 2007
Price: $19.01
The PowerShares DB Agriculture ETF is the top fund in the agriculture industry category by assets. The Fund has total assets under management of $663.36 million. Liquidity for this fund is also high with 755,890 shares traded on average per day. DBA seeks to replicate the holdings and returns of the DBIQ Diversified Agriculture Index Excess Return. This index includes futures contracts on the most liquid and widely traded agricultural commodities.
In 2017, DBA had a YTD return of -7.70%. DBA was launched in January 2007. Three-year, five-year and ten-year annualized total returns for the Fund are -6.64%, -7.57% and -6.34%.
4. iPath Bloomberg Grains Total Return ETN (JJG
JJG
Barclays Bank iPath Bloomberg Grains Subindex Total Return ETN 2007-22.10.37 Series -A- Lkd to Bloomberg Grains Subindex TR
27.68
+2.63%
Issuer: iPath
Avg. Volume: 52.741
Net Assets: $83.32 million
Yield: N/A
2018 YTD Return: 5.42%
Expense Ratio: 0.75%
Inception Date: October 23, 2007
Price: $26.03
This fund offers targeted exposure to grain commodities. It seeks to track the holdings and performance of the Dow Jones-UBS Grains Subindex Total Return Service Mark. This index is based on futures contracts in grains. The Index contains three futures contracts.
JJG is one of the largest funds in the agriculture category with $77.5 million in assets under management. In 2017 the Fund had a YTD return of -11.10%. Three-year, five-year and ten-year annualized total returns are -9.87%, -14.17% and -8.34%.