Strong 2024 Performance: COMmodity Recap
The Direxion Auspice Broad Commodity Strategy ETF (COM) posted a positive performance for 2024, delivering a return of +5.91%, despite ending the final quarter slightly down with a Q4 performance of -0.80%. To view the Fund's full standardized performance, click here.
COM: Not Glamorous, But Still A Buy
The Direxion Auspice Broad Commodity Strategy ETF (COM) employs a quant-driven strategy that delivers low volatility (7% annualized) compared to peers like DBC, making it a stable choice. The ETF tracks 12 commodities, dynamically shifting positions between long and flat (cash) based on market trends, minimizing losses during downturns while capitalizing on upward trends. As of now, the fund is long on corn, sugar, natural gas, gold, and silver, reflecting its ability to align with positive trends and avoid underperforming assets like oil.
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.
C-COM Satellite Systems Inc. to Present & Participate in 1x1 Meetings at the Planet MicroCap Showcase: VANCOUVER 2024 in association with Small Cap Discoveries on Wednesday, September 25, 2024
OTTAWA, ON / ACCESSWIRE / September 17, 2024 / C-COM Satellite Systems Inc. (TSXV:CMI)(OTCQB:CYSNF) a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, today announced that it will be presenting and participating in 1x1 meetings at the Planet MicroCap Showcase: VANCOUVER 2024 in association with Small Cap Discoveries on Wednesday, September 25, 2024 at 11:30 AM PT. Dr. Leslie Klein, President and CEO of C-COM Satellite Systems Inc. will be hosting the presentation and answering questions at the conclusion.
YXT.COM Group Seeks U.S. IPO As Revenues Contract
YXT.COM Group has filed for a $50 million IPO in the U.S. for its corporate learning solutions in China. The company shows declining revenue, a reduced customer base, and variable financial performance. The market opportunity in China for corporate training is large, but YXT faces numerous operating and regulatory risks in an unpredictable environment.
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.
