Underlying ETF's used for portfoliocharts.com?
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Underlying ETF's used for portfoliocharts.com?
I cant find the page that shows the underlying specific funds that Tyler uses for his charts (I used to know where it was!) But anyway specifically I am looking for the commodities ETF Tyler is using in his portfolio modeling.
And...If anyone here has a good suggestion for a commodities ETF would be happy to have the input.
And...If anyone here has a good suggestion for a commodities ETF would be happy to have the input.
Re: Underlying ETF's used for portfoliocharts.com?
Have you been listening to the MacroVoices podcast also?
It's funny because I went to Tyler's website just yesterday to see what he used for commodities. I couldn't find it either.
It's funny because I went to Tyler's website just yesterday to see what he used for commodities. I couldn't find it either.
Re: Underlying ETF's used for portfoliocharts.com?
I am a macrovoices listener! During the crash I wanted to invest in copper and other commodities but it kind of fell of my radar. I know it's run up but it may still be a good idea long term as an inflation hedge.
Re: Underlying ETF's used for portfoliocharts.com?
It's admittedly a little tucked away, but you can find the source data info at Portfolios > Sources and Methodology > Data Sources. Here's a direct link: https://portfoliocharts.com/data-sources/ppnewbie wrote: ↑Mon Dec 28, 2020 1:41 pmI cant find the page that shows the underlying specific funds that Tyler uses for his charts (I used to know where it was!) But anyway specifically I am looking for the commodities ETF Tyler is using in his portfolio modeling.
And...If anyone here has a good suggestion for a commodities ETF would be happy to have the input.
The commodities data comes from the Simba spreadsheet, which I believe uses GSG as its most recent source. There aren't a lot of good commodities ETFs out there, but that one is probably at the top of the list.
Re: Underlying ETF's used for portfoliocharts.com?
Thanks Tyler. Interesting I looked up GSG. It seems like the ETF is has move into a majority T-Bills. Maybe they are waiting for a pullback to reinvest.
https://www.etf.com/GSG#overview
https://www.ishares.com/us/products/239 ... trust-fund
https://www.etf.com/GSG#overview
https://www.ishares.com/us/products/239 ... trust-fund
Re: Underlying ETF's used for portfoliocharts.com?
I believe that's actually just how commodities funds work. Since they deal in the futures market, they are required to maintain large cash positions as collateral.ppnewbie wrote: ↑Mon Dec 28, 2020 4:58 pmThanks Tyler. Interesting I looked up GSG. It seems like the ETF is has move into a majority T-Bills. Maybe they are waiting for a pullback to reinvest.
https://www.etf.com/GSG#overview
https://www.ishares.com/us/products/239 ... trust-fund
Re: Underlying ETF's used for portfoliocharts.com?
Thanks! I am completely clueless on commodities. Thanks again for the info.Tyler wrote: ↑Mon Dec 28, 2020 5:03 pmI believe that's actually just how commodities funds work. Since they deal in the futures market, they are required to maintain large cash positions as collateral.ppnewbie wrote: ↑Mon Dec 28, 2020 4:58 pmThanks Tyler. Interesting I looked up GSG. It seems like the ETF is has move into a majority T-Bills. Maybe they are waiting for a pullback to reinvest.
https://www.etf.com/GSG#overview
https://www.ishares.com/us/products/239 ... trust-fund
Re: Underlying ETF's used for portfoliocharts.com?
My only gripe with Erik Townsend is that he is wrong ALOT. There is an old trick. Someone can sound like they are mimicing you real time by saying exactly are saying just at an imperceptible delay. That is what I feel these hedge fund guys do when they talk. They pretty much look at a chart and skillfully say it went up after the fact, throw some big names in there. Throw some of their past predictions that were correct in there and it sounds like they knew it was going up.
He is a good interviewer and has great guest on. Anyway I am still a big fan - I just take what he says with a grain of salt!
Re: Underlying ETF's used for portfoliocharts.com?
I agree with you 100%. He's a good talker and has good instincts, I think, but like all these guys his timing could be way off the mark. For example, he says that with all this stimulus money sloshing around it's inevitable that inflation has to take off soon. I'm not so sure. People said the same thing in 2008. I think he'll be right eventually, but it may be 20 more years.
He also says that with Biden coming into power, the Green New Deal is going to take off, and copper prices are going to skyrocket. Well, if that's such a sure thing, then why haven't copper prices skyrocketed already? Obviously it's not as sure as he thinks it is.
The commodity ETF with the lowest expense ratio I've found is COMB with an ER of 0.25%.
When I look at commodity fund performance graphs, they do look like possibly a good buy. They've been going downhill for over a decade, so at some point wouldn't they have to go up?
He also says that with Biden coming into power, the Green New Deal is going to take off, and copper prices are going to skyrocket. Well, if that's such a sure thing, then why haven't copper prices skyrocketed already? Obviously it's not as sure as he thinks it is.
The commodity ETF with the lowest expense ratio I've found is COMB with an ER of 0.25%.
When I look at commodity fund performance graphs, they do look like possibly a good buy. They've been going downhill for over a decade, so at some point wouldn't they have to go up?