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How to Find Which Index to Track for Commodities?


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How to Find Which Index to Track for Commodities?

  #1 (permalink)
 tgiann3 
Jacksonville
 
Experience: None
Platform: Charles Schwab
Trading: SSF
Posts: 13 since Aug 2017
Thanks Given: 3
Thanks Received: 8

Hello All,
For now, I am just trying to figure out how to track various commodity markets, metals, etc. How does one go about deciding which Index, ETF, etc to track when trying to follow a market type? I find it very confusing. If there is a good reference to use I'd love to hear about it.

Thank you!

Tom

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  #2 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
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tgiann3 View Post
Hello All,
For now, I am just trying to figure out how to track various commodity markets, metals, etc. How does one go about deciding which Index, ETF, etc to track when trying to follow a market type? I find it very confusing. If there is a good reference to use I'd love to hear about it.

Thank you.
Tom

For individual commodities, I only follow the futures and cash prices.

Commodity ETFs usually consist of various futures with different expiry dates for the commodity. Thus, it does not make sense for me to follow them.

For commodity baskets I follow the well known indices, eg. Bloomberg commodity index.

Best regards, Myrrdin

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