EVMT vs SOYB

EVMTCInvesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

SOYBBTeucrium Soybean Fund

In short

EVMT Most EV-metals funds buy the miners. EVMT buys the metals: an actively managed basket of futures on copper, nickel, aluminum, cobalt, iron ore and lithium, with 1099 tax reporting instead of a K-1.

SOYB Soybeans, straight up. Since 2011 SOYB has tracked a benchmark of soybean futures for future delivery, wrapped so you can buy the bean in an ordinary brokerage account, and it charges less than the typical commodity futures fund.

Stated mandate

EVMT The Fund seeks to outperform the excess-return version of its Benchmark, identified as SPGEVMUP.

SOYB SOYB seeks to track daily changes in the soybean market for future delivery through its benchmark.

Why people hold it

• EVMT Owns the commodity, not the company. Futures on iron ore, copper, aluminum, nickel, cobalt and lithium mean no mine strikes, balance sheets or equity-market beta riding along.invesco.comsec.gov
• Actively managed and benchmark-aware: it aims to outperform the excess-return version of the S&P GSCI Electric Vehicle Metals Index rather than simply mirror it.invesco.com
• The "No K-1" in the name is the whole point: a 1940 Act fund, so futures-based metals exposure shows up on a standard 1099 at tax time.invesco.com
• The benchmark reweights twice a year (January and July) toward the metals used most in EV production, so the mix follows the recipe rather than a fixed list.invesco.com

• SOYB Fee of 0.63% a year sits under the 0.81% median for commodity futures funds, and under diversified rival PDBC at 0.74%.
• A single-crop play, not a commodity grab bag: the fund follows the Teucrium Soybean Index, which tracks daily moves in soybean futures.
• Trading since 2011, a long run for a one-commodity fund, and one of the stronger implementations in its commodity futures peer group.

Worth knowing

• EVMT Costs 0.74% a year, above the cohort median of 0.65% and well above miner funds like PICK (0.39%) and REMX (0.53%).
• A small fund that trades thinly, so spreads can run wider than the category's household names.
• Futures carry roll costs, and a handful of metals prices drive everything. No miner earnings or dividends soften a flat stretch in the metals themselves.invesco.com

• SOYB One crop, one price. Weather, harvest cycles and export demand move soybean futures hard, and there is nothing else in the portfolio to soften it.
• It is a commodity pool, not a standard 1940 Act fund, so the tax paperwork differs from a stock ETF. Check how that lands on your return.
• Mid-sized asset base and moderate turnover mean bid-ask spreads can run wider than on the giant index funds, and the payoff comes from price moves, not income.

Full EVMT profile⁠

Full SOYB profile⁠