Direxion Auspice Broad Commodity Strategy ETF

Ticker

COM

ISIN

US25460E3071

Price

USD 30.14

Change Today

+0.42 / 1.424 %

Price 1 year ago

29.71 / 1.424 %

Morningstar

5

52 Week Low

27.18

52 Week High

30.14

200 Day Moving Average 28.44

28.44

50-day Moving Average

28.95


Price evolution


Yearly returns


Peers comparison

Risk factors

1 year

Parameter Value
Sharpe Ratio -1.18
Sortino Ratio -1.75
Maximum Drawdown -8.79%
Maximum Drawdown Date 2023-12-12
Calmar Ratio 1.33

1 year

Parameter Value
Return -2.27
Volatility 5.881%
Alpha +4.60
Beta None
R Squared +49.09

History

Parameter Value
Average Annual Return 6.803%
Average Annual Volatility 9.934%
Sharpe Ratio 0.69
Sortino Ratio 0.54
Maximum Drawdown -16.0%
Maximum Drawdown Date 2020-03-20
Calmar Ratio -0.44

Company information

Summary

The investment seeks investment results, before fees and expenses, that track the Auspice Broad Commodity Index. The index is a rules-based index that attempts to capture upward trends in the commodity markets while minimizing risk during downtrends by tracking a portfolio of commodity futures contracts. The index uses a quantitative methodology to track a diversified portfolio of 12 different commodity futures contracts, or “components.” The fund generally will not invest directly in the 12 commodity futures contracts that comprise the index. The fund is non-diversified.

Market

US

Category

Commodities Broad Basket

Expense Ratio

0.72%

Fund family

Direxion Funds

Morningstar

5

Yield
-
Exchange
PCX
Sector Weight
Realestate 0.00%
Consumer cyclical 0.00%
Basic materials 0.00%
Consumer defensive 0.00%
Technology 0.00%
Communication services 0.00%
Financial services 0.00%
Utilities 0.00%
Industrials 0.00%
Energy 0.00%
Healthcare 0.00%
Country Ratio
United States
Canada
Argentina
Brazil
Chile
Colombia
Mexico
Peru
Venezuela
United Kingdom

Holdings

Symbol Name Allocation
DGCXX Dreyfus Government Cash Mgmt Instl 77.88%
Auspice Broad Commodity Cayman 22.12%

Alternative funds

Ticker Name Isin Exchange Expenses Morningstar Alpha Beta
BCD abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF ISINUS00326 PCX 0.29% 4 +4.21
BCI abrdn Bloomberg All Commodity Strategy K-1 Free ETF ISINUS00326 PCX 0.25% 3 -0.89
COM Direxion Auspice Broad Commodity Strategy ETF US25460E3071 PCX 0.72% 5 +4.60
COMB GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF US38747R108 PCX 0.25% 3 -0.91
DBMF iMGP DBi Managed Futures Strategy ETF US53700T827 PCX 0.95% 3 +11.56 --
FAAR First Trust Alternative Absolute Return Strategy ETF US33740Y101 NGM 0.95% 3 +2.30
FTGC First Trust Global Tactical Commodity Strategy Fund US33739H101 NGM 0.95% 4 +4.24
HNDL Strategy Shares Nasdaq 7 Handl Index ETF US86280R506 NGM 0.98% 3 -2.24
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF US46090F100 NGM 0.62% 3 +5.75
PUTW WisdomTree CBOE S&P 500 PutWrite Strategy Fund US97717X560 PCX 0.44% 3 -2.04

Sustainability scores

Events

Indicators

Glossary
Momentum
A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
Inertia
In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
Relative Strength Index (RSI)
A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
Fibonacci's Weighted Moving Average
A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
Williams %R
A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
Relative Volatility Index (RVI)
A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
Commodity Channel Index (CCI)
A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.