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ETFs

Hartford Schroders Commodity Strategy ETF

HCOM
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Sep 14 2021
Expense Ratio
0.59%
Type
Global Commodities & Metals
Fund Owner
Hartford Funds
Volume (1m avg. daily)
$23,166
AUM
$15,785,250
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
TREASURY BILL 11/23 0.00000
11.64%
n/a
TREASURY BILL 09/23 0.00000
11.58%
n/a
TREASURY BILL 10/23 0.00000
11.57%
n/a
TREASURY BILL 10/23 0.00000
11.54%
n/a
TREASURY BILL 11/23 0.00000
10.17%
n/a
US DOLLAR
9.88%
n/a
TREASURY BILL 10/23 0.00000
9.85%
n/a
TREASURY BILL 11/23 0.00000
9.66%
n/a
TREASURY BILL 11/23 0.00000
9.65%
MSUXX
MS LIQ TREAS SEC PORT INST C S MS LIQ TREAS SEC PORT INST
4.76%
Invest with HCOM

What is HCOM?

The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by investing in a range of commodity related derivative instruments, primarily futures contracts and other commodity linked derivative instruments (including but not limited to futures on commodities, commodity related securities or commodity indices and swaps on physical commodities), and structured notes. The Fund may also invest in foreign currency (e.g. forward currency contracts, currency options, and swaps on currencies), and cash or cash equivalents including certificates of deposit, treasury bills, and floating rate notes. The Fund s investments in commodity futures contracts and other commodity linked instruments (collectively, Commodities Instruments ) will be made through a wholly owned subsidiary of the Fund organized under the laws of the Cayman Islands (the Subsidiary ). Through its investment in the Subsidiary, the Fund will seek exposure to a range of commodity sectors from time to time including, but not limited to, the energy, agriculture and metals sectors. The Fund may invest in any sector of the commodities markets throughout the world.

ETFs related toHCOM

ETFs correlated to HCOM include DJP, BCI, BCD

HCOM
Hartford Funds Exchange-Traded Trust - Hartford Schroders Commodity Strategy ETF
DJP
Barclays Bank PLC - iPath Bloomberg Commodity Total Return ETN
BCI
abrdn ETF - abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCD
abrdn ETF - abrdn Bloomberg All Comm Longer Dt Strategy K-1 Free ETF
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy Fund
DBC
DB Commodity Services LLC - Invesco DB Commodity Index Tracking Fund
PDBC
Invesco Capital Management LLC - Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
CMDT
Pimco Exchange Traded Fund - PIMCO Commodity Strategy Active Exchange-Traded Fund
GSG
BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed Trust
COMT
BlackRock Institutional Trust Company N.A. - iShares GSCI Commodity Dynamic Roll Strategy ETF
USCI
United States Commodity Funds LLC - United States Commodity Index Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toHCOM

#SPIRAL

Stoic Finance Presents: Inflation Spiral Hedge

Category

Community

Risk Rating

Aggressive

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with HCOM using Composer

FAQ

HCOM is a Global Commodities & Metals ETF. The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by investing in a range of commodity related derivative instruments, primarily futures contracts and other commodity linked derivative instruments (including but not limited to futures on commodities, commodity related securities or commodity indices and swaps on physical commodities), and structured notes. The Fund may also invest in foreign currency (e.g. forward currency contracts, currency options, and swaps on currencies), and cash or cash equivalents including certificates of deposit, treasury bills, and floating rate notes. The Fund s investments in commodity futures contracts and other commodity linked instruments (collectively, Commodities Instruments ) will be made through a wholly owned subsidiary of the Fund organized under the laws of the Cayman Islands (the Subsidiary ). Through its investment in the Subsidiary, the Fund will seek exposure to a range of commodity sectors from time to time including, but not limited to, the energy, agriculture and metals sectors. The Fund may invest in any sector of the commodities markets throughout the world.

Yes, HCOM is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, HCOM is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HCOM is 0.0111%. This is the percent change in the value of HCOM over the most recent 1-month period. The 3-month return on HCOM is 0.0343%. This is the percent change in the value of HCOM over the most recent 3-month period.

The standard deviation of HCOM for the past year is 0.147%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HCOM include NBCM, UCIB, and CMDY.

ETFs correlated to HCOM include DJP, BCI, and BCD.

ETFs that are inversely correlated to HCOM include SCO, DRIP, and OILD.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.