Commodity ETFs Analysis for 09.23.2007

RCI
Merrill Lynch brought out an interesting basket product called the Rogers International Commodity TRAKRS, which trades on the CME. It is a futures contract that expires on October 26, 2010. It includes 35 different commodities ranging from actively traded items like crude oil and gold to less sexy products like tin and wool (the primary wool futures exchange is in Australia). It has 44% of its exposure in energy, 35% in agriculture and 21% in metals. This is not that easy to purchase. It's available through Merrill Lynch or through futures commission merchang that does business through the CME.

Monthly chart shows consolidation at the highs. Uptrend remains intact for now.

DBC
Deutsche Bank Commodity Index Trcking Fund - focuses on energy and metals.


GSG
iShares GSCI CMDTY