Out of 101 US Fund Commodities Broad Basket funds based on risk adjusted returns as of 3/31/2020†.
Direxion Auspice Broad Commodity Strategy ETF
Overall Morningstar RatingTM«««««
The Easier, More Adaptive Way to Diversify with Commodities.
Most traditional commodity funds provide long only exposure to commodities. This limits their potential to contribute to a portfolio’s long-term performance because they only benefit if commodity prices rise.
Introducing The Direxion Auspice Broad Commodity Strategy ETF
- Commodity returns are typically cyclical and sporadic
- Individual commodity sub-sectors tend to perform dissimilarly in different market environments
- Significant draw-downs can be damaging to the long-term performance of a portfolio
Within the inherently volatile commodity markets, a long/flat approach is potentially more adaptive to whip-sawing market conditions.
The Direxion Auspice Broad Commodity Strategy ETF (COM) allows investors to take advantage of rising commodity prices, in addition to mitigate risk by going flat (cash) when individual commodities are experiencing downward trends. It seeks to potentially provide commodity investment returns with lower risk characteristics than long-only commodity strategies.
The fund seeks to provide total return that exceeds that of the Auspice Broad Commodity Index over a complete market cycle. There is no guarantee the fund will meet its stated investment objectives.
* For additional information regarding the Fund’s expense ratio (gross/net fees), please refer to its individual product webpage.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost; current performance may be lower or higher than the performance quoted. Returns for performance for one year and under are cumulative, not annualized. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. For additional information, see the fund(s) prospectus.
Each Direxion Fund share price is calculated as of the close of regular trading, usually as of 4:00 p.m. Eastern Time, each day the New York Stock Exchange is open for business. Each fund seeks to meet its investment objective relative to the value of the target index or benchmark as of 4:00 p.m.
Shares of the Direxion Shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Market Price returns are based upon the midpoint of the bid/ask spread at 4:00 pm EST (when NAV is normally calculated) and do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV. Some performance results reflect expense reimbursements or recoupments and fee waivers in effect during certain periods shown. Absent these reimbursements or recoupments and fee waivers, results would have been less favorable.