Commodity ETF USCI reaches new 52-week high, showing strong performance.

From Zacks Investment Research: 2025-01-05 19:18:23

The United States Commodity ETF (USCI) has hit a 52-week high, rising 20.42% from its low of $55.63 per share. The underlying SummerHaven Dynamic Commodity Index Total Return includes 14 commodity futures and charges 111 bps in annual fees. The commodity sector is on the rise, with cocoa, coffee, and natural gas prices increasing due to various factors. With a positive weighted alpha of 17.47, USCI may continue its strong performance in the near future. Investors seeking momentum should keep an eye on this ETF for potential gains.



Read more at Zacks Investment Research: Commodity ETF (USCI) Hits New 52-Week High – January 5, 2025