Graniteshares Bloomberg Commodity Etf Profile
| COMB Etf | USD 20.16 0.12 0.59% |
Performance3 of 100
| Odds Of DistressLess than 9
|
GraniteShares Bloomberg is trading at 20.16 as of the 28th of November 2024, a 0.59 percent decrease since the beginning of the trading day. The etf's open price was 20.28. GraniteShares Bloomberg has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for GraniteShares Bloomberg Commodity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund is an actively managed ETF that seeks to provide long-term capital appreciation, primarily through exposure to commodity futures markets. Commodity Broad is traded on NYSEARCA Exchange in the United States. More on GraniteShares Bloomberg Commodity
Moving together with GraniteShares Etf
GraniteShares Etf Highlights
| Thematic Idea | Broad Commodities ETFs (View all Themes) |
| Business Concentration | BEL All Share, Broad Commodities ETFs, Commodities Broad Basket, Graniteshares, Banking (View all Sectors) |
| Issuer | GraniteShares |
| Inception Date | 2017-05-22 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 82.05 Million |
| Average Trading Valume | 24,421.2 |
| Asset Type | Commodities |
| Category | Broad Commodities |
| Focus | Broad Commodities |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | ALPS Fund Services, Inc. |
| Advisor | GraniteShares Advisors LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Benoit Autier, Jeff Klearman |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 30.0 |
| Market Maker | Jane Street |
| Total Expense | 0.25 |
| Management Fee | 0.25 |
| Country Name | USA |
| Returns Y T D | 4.27 |
| Name | GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF |
| Currency Code | USD |
| Open Figi | BBG00GQVSDT7 |
| In Threey Volatility | 15.3 |
| 1y Volatility | 9.42 |
| 200 Day M A | 20.1073 |
| 50 Day M A | 20.3125 |
| Code | COMB |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
GraniteShares Bloomberg Commodity [COMB] is traded in USA and was established 2017-05-19. The fund is listed under Commodities Broad Basket category and is part of Graniteshares family. The entity is thematically classified as Broad Commodities ETFs. GraniteShares Bloomberg currently have 279.9 M in assets under management (AUM). , while the total return for the last 3 years was 1.7%.
Check GraniteShares Bloomberg Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on GraniteShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding GraniteShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as GraniteShares Bloomberg Commodity Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top GraniteShares Bloomberg Commodity Etf Constituents
GraniteShares Bloomberg Top Holders
| IGOAX | Rational Inflation Growth | Mutual Fund | Allocation--50% to 70% Equity | |
| IGOIX | Rational Inflation Growth | Mutual Fund | Allocation--50% to 70% Equity | |
| IGOCX | Rational Inflation Growth | Mutual Fund | Allocation--50% to 70% Equity |
GraniteShares Bloomberg Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GraniteShares Bloomberg. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0402 | |||
| Jensen Alpha | 0.0331 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.10) |
GraniteShares Bloomberg Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GraniteShares Bloomberg Commodity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of GraniteShares Bloomberg is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares Bloomberg's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GraniteShares Bloomberg's market value can be influenced by many factors that don't directly affect GraniteShares Bloomberg's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GraniteShares Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares Bloomberg's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.