2 Commodity ETFs That Have Broken Out
While the pundits debate whether or not inflation is rising, the markets have spoken. And the answer is a resounding “yes!”.
This inflation has caused commodity-based ETFs to rocket higher. This includes the Teucrium Corn Fund CORN and the Invesco DB Agriculture Fund DBA.
The Teucrium Corn Fund invests in corn futures. Since August the price of corn has doubled and CORN has gained almost 20% in the past month.
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The Invesco DB Agriculture Fund invests in a wide range of agricultural futures. They include corn, soybeans, sugar, coffee, cocoa and cattle.
The ETF has gained almost 10% over the past month.
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