COMB

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB)

About GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB)

The Funds investment strategy is based in part on the Bloomberg Commodity Index, which is designed to be a highly liquid and broad benchmark for commodities futures investments. The COMB Benchmark provides broad-based exposure to commodities as an asset class, since no single commodity or commodity sector dominates the COMB Benchmark. The weightings of the components of the COMB Benchmark are based on liquidity data, which is the relative amount of trading activity of a particular commodity; production data, which measures the importance of a commodity to the world economy; and diversification rules that attempt to reduce disproportionate weightings of any single commodity. Rather than being driven by micro-economic events affecting one commodity market or sector, the COMB Benchmark is comprised of futures contracts on a broad basket of underlying commodities, which potentially reduces volatility in comparison with narrower commodity baskets.

Details

Daily high
$21.50
Daily low
$21.41
Price at open
$21.49
52 Week High
$21.92
52 Week Low
$18.86
Market cap
109.1M
Dividend yield
2.31%
Volume
20,716
Avg. volume
73,565
P/E ratio
--
30-Day SEC yield
--
Expense Ratio (gross)
0.25%

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF News

Details

Daily high
$21.50
Daily low
$21.41
Price at open
$21.49
52 Week High
$21.92
52 Week Low
$18.86
Market cap
109.1M
Dividend yield
2.31%
Volume
20,716
Avg. volume
73,565
P/E ratio
--
30-Day SEC yield
--
Expense Ratio (gross)
0.25%

Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website. Please read the prospectus carefully prior to investing.

Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.

Performance data quoted represents past performance. Past performance does not guarantee future results. Investment returns and principal value of an investment will fluctuate and when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the standardized performance data quoted. Select the Standardized Performance link for the latest quarterly performance.