Direxion Auspice Broad Commodity Strategy ETFCOM
COM
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]
4% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 24
1.94% less ownership
Funds ownership: 65.4% [Q2] → 63.46% (-1.94%) [Q3]
4% less funds holding
Funds holding: 68 [Q2] → 65 (-3) [Q3]
5% less capital invested
Capital invested by funds: $181M [Q2] → $171M (-$9.67M) [Q3]
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Research analyst outlook
We haven’t received any recent analyst ratings for COM.
Financial journalist opinion
Negative
Seeking Alpha
2 months ago
COM: An Active Approach To A Tough Asset Class
Commodities have been challenging, but the Direxion Auspice Broad Commodity Strategy ETF offers a rules-based, long/flat approach to manage exposure and limit losses. The COM ETF focuses on Agriculture, Energy, and Metals, holding cash when commodities aren't trending, aiming to avoid prolonged downtrends. Compared to other broad commodity ETFs, COM's strategy reduces volatility and limits draw-downs, though performance has been similar to always-exposed funds.
Positive
Fox Business
6 months ago
An ETF to play gold, silver, copper and everything in between
Precious metals are leading big gains for commodities this year and some think the runway for both hard and soft assets could be the place to be until inflation cools off.
Positive
ETF Trends
6 months ago
Advisors Looking to Boost Commodities Exposure
Aided by strong performance in the first four-plus months of the year, advisors are looking more closely at commodities. We believe most client portfolios remain dominated by equities and fixed income.
Positive
ETF Trends
8 months ago
Renewed Focus on Inflation
Concerns about inflation are top of mind again, with consumer prices and producer prices rising higher last week. This impacted the bond market as well as commodity prices.
Positive
Seeking Alpha
11 months ago
COM: A Low Volatility Play On Commodities
Direxion Auspice Broad Commodity Strategy ETF is a commodities-focused exchange-traded fund that invests in a basket of 12 commodities futures contracts. The fund aims to outperform the Auspice Broad Commodity Index and reduces volatility by exiting positions when proprietary signals indicate a bear market. COM has low volatility compared to its peers, offers diversification benefits, and has shown strong performance during commodity up-cycles.
Neutral
ETF Trends
1 year ago
The Commodities Outlook Entering 2024
Commodities entered 2023 behind a strong performance in 2022. For investors revisiting their portfolios ahead of 2024, it may be worth assessing the commodities outlook.
Positive
ETF Trends
1 year ago
Chart of the Week: What Alternatives Are Worthy of Attention?
The S&P 500 has rallied in recent days and was up close to 20% for the year. However, heading into 2024, many advisors are exploring a range of investment ideas that offer exposure beyond the stock market.
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