Top 5 ASX-listed commodity ETFs to watch
ASX commodity ETFs enable share traders to gain exposure to this useful asset class without the drawbacks of physical ownership.
Most commonly, ETFs track a benchmark index that either measures the price of a single commodity or a basket of multiple commodities. Most are synthetic ETFs, which track commodity futures, and therefore may perform better or worse than the spot price of the commodity itself.
Of course, some ASX commodity ETFs will directly invest. A common example of this is the currency-hedged BetaShares Gold Bullion ETF (ASX: QAU), which is backed by physical gold held within a JPMorgan Chase vault in London.
Overview of the commodity ETFs in this article
The ETFs in this article were chosen based on two distinct features – they have among the highest market caps for commodity ETFs on the ASX, and they have performed superbly over the past year, with price growth from 33.61% to 65.26%.
The following ETFs can be traded via CFDs and share traded with us:
- BetaShares Gold Bullion ETF – Currency Hedged
- Global X Physical Silver ETF
- VanEck Vectors Gold Miners ETF
