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COM

GradeBNew York Stock Exchange Arca

Direxion Auspice Broad Commodity Strategy ETF

Commodities · Direxion · Inception 2017-03-30 · SEC filings

$35.30−0.03 (−0.07%)

As of Sep 23, 2026, 2:19 PM EDT

Intraday session: down, 57 prints from 35.33 to 35.30. Range 35.25 to 35.39. Use the arrow keys to read each point.$35.25$35.35$35.4010 AM12 PM2 PM4 PM
Expense ratio
0.72%
Fund size
$222M
1Y return
+27.0%
Yield · Last 12 months
2.40%
Holdings
5
Volume · 30D
0.1M sh
NAV per share
$35.52
52W range
low $28.40high $35.93

The ETF.net COM Grade

B

57/ 100

Rank 6 of 23 in Broad Commodity Futures⁠

Confidence Medium

Six-pillar profile for COM. Scores out of 100: Cost 45, Risk 79, Mission not scored, Tradability 61, Holdings not scored, Durability 55. Strongest: Risk (79). Weakest: Cost (45). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 57 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 45
    Category rank13/23 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 79
    Category rank1/23 · top 4%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 61
    Category rank7/23 · top 30%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 55
    Category rank13/23 · mid-pack

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on COM

ETF.net Research

BMost broad commodity funds ride the whole basket down through every slump. COM tracks a rules-based index that holds a commodity while its trend holds and steps to cash when it doesn't, one market at a time.

Stated mandate

The fund seeks investment results that track the Auspice Broad Commodity Index. The index uses rules-based long-or-cash positioning across commodity futures and seeks to capture upside while mitigating downside risk.

Why people hold it

  1. 01The index is long-or-cash by rule across commodity futures, designed to capture upside while limiting downside, rather than staying fully invested through every slide.
  2. 02Registered under the 1940 Act, so shareholders get standard fund tax reporting instead of a K-1 partnership form.
  3. 03Live since 2017 and sitting in the upper half of a crowded broad-commodity futures peer group, so the trend rules have run through several full commodity cycles.
  4. 04Pays distributions quarterly, a cadence set by the fund rather than by whatever commodities did last month.

Worth knowing

  1. 010.72% a year, above the category median. Always-long index baskets like BCI (0.26%) and BCD (0.30%) charge a fraction of that for plain commodity exposure.
  2. 02Trend rules cut both ways: in choppy or sharply reversing markets, a commodity can be sitting in cash while its price snaps back.
  3. 03A mid-size, moderately traded fund, so spreads can run wider than at the category's largest names. Limit orders matter more here.

COM Holdings

As of Sep 22, 2026, 10:02 PM
Asset class
Other
Holdings
5
Top-10 weight
99%
Largest holding
DREYFUS GOVT CASH MAN INS48.6%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—DREYFUS GOVT CASH MAN INS48.59%174,129,307$174M108
002—DREYFUS QII GOV CASH MGMT 28911.15%39,940,237$40M1
003S N7SOYBEAN FUTURE Jul279.67%509$35M1
004C7CORN FUTURE Sep277.80%1,047$28M1
005CTH7COTTON NO.2 FUTR MAR275.01%417$18M1
006W N7WHEAT FUTURE(CBT) Jul274.79%459$17M1
007SBV7SUGAR #11 (WORLD) Oct274.39%792$16M1
008HGH7COPPER FUTURE MAR273.98%83$14M1
009XBZ6GASOLINE RBOB FUT DEC261.90%55$7M1
010HOZ6NY HARB ULSD FUT DEC261.52%29$5M2
011CLF7WTI CRUDE FUTURE JAN271.21%50$4M2

Showing 1–11 of 11 holdings

COM Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

COM$12,703
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. COM $12,703. SPY $11,723. Use the arrow keys to read each point.$9,261$11,222$13,182Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for COM. Periods over one year show the average yearly return.
PeriodCOM
Year to date+21.1%
1 month+1.6%
3 months+7.7%
1 year+27.0%
3 years+9.1%per year
5 years+9.1%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for COM
YearReturn barCOM
2026 YTD+21.1%
2025+7.7%
2024+5.8%
2023−2.1%
2022+9.2%
2021+27.9%
2020+6.5%

COM in the news

COM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.40%Last 12 months
Payout per share
$0.85Last 12 months
Last payment
$0.27 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 26 payments from 2017 to 2026 YTD. Dec 19, 2017 $0.02; Jun 19, 2018 $0.06; Sep 25, 2018 $0.07; Dec 27, 2018 $0.43; Mar 19, 2019 $0.06; Jun 25, 2019 $0.07; Sep 24, 2019 $0.07; Dec 23, 2019 $0.06; Mar 24, 2020 $0.003; Dec 21, 2021 $3.01; Mar 22, 2022 $0.50; Jun 22, 2022 $1.16; Dec 20, 2022 $0.86; Jun 21, 2023 $0.55; Sep 19, 2023 $0.31; Dec 21, 2023 $0.20; Mar 19, 2024 $0.28; Jun 25, 2024 $0.33; Sep 24, 2024 $0.33; Dec 23, 2024 $0.16; Mar 25, 2025 $0.25; Jun 24, 2025 $0.25; Sep 23, 2025 $0.26; Dec 23, 2025 $0.12; Mar 24, 2026 $0.20; Jun 23, 2026 $0.27. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 23, 2026Jun 30, 2026$0.27
Mar 24, 2026Mar 31, 2026$0.20
Dec 23, 2025Dec 31, 2025$0.12
Sep 23, 2025Sep 30, 2025$0.26
Jun 24, 2025Jul 1, 2025$0.25
Mar 25, 2025Apr 1, 2025$0.25
Dec 23, 2024Dec 31, 2024$0.16
Sep 24, 2024Oct 1, 2024$0.33
Jun 25, 2024Jul 2, 2024$0.33
Mar 19, 2024Mar 26, 2024$0.28
Dec 21, 2023Dec 29, 2023$0.20
Sep 19, 2023Sep 26, 2023$0.31

COM Risk

How much the fund’s monthly returns vary, scaled to a year.
8.1%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.66
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−14.0%
Trough Dec 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.41
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

COM Cost

Expense ratio0.72%
  • The middle half of Broad Commodity Futures funds
  • Median 0.72%

10 of the 21 Broad Commodity Futures funds charge less.

COM costs $72.00 a year on $10,000. The median Broad Commodity Futures fund costs $72.00.