iPath Pure Beta Industrial Metals ETN (HEVY)

34.59
Data as of May 10
 +0.26 / +0.76%
Today’s Change
33.50
Today|||52-Week Range
43.20
-9.33%
Year-to-Date

Investment Objective

The investment seeks to replicate, net of expenses, the returns of the Barclays Capital Commodity Index Industrial Metals Pure Beta TR. The index is comprised of a basket of exchange traded futures contracts, and uses an allocation methodology designed to mitigate the effects of certain distortions in the commodity markets on such returns. Unlike many commodity indices which roll their exposure to the corresponding futures contract on a monthly basis in accordance with a pre-determined roll schedule, the index may roll into one of a number of futures contracts with varying expiration dates, as selected using the Barclays Capital Pure Beta Series 2 Methodology.

Performance

1 month-3.31% 3 years--
3 months-12.37% 5 years--
1 year-10.65% Since inception-16.50%
Data through 05/10/2013

Quote Details

Previous close$34.33
Open day’s range34.19 – 34.62
Net asset value (NAV)34.53 (05/09/2013)
Daily volume16,186
Average volume (3 months)302
Data as of 2:57pm ET, 05/10/2013

Peer Comparisonvs. Commodities industrial metals ETFs

 HEVYCategory
Performance 5-yr return---7.14%
Expense Gross exp ratio0.75%0.76%
Risk 5 year sharpe ratio---0.12
Net assets$2.2M$29.3M
Average market cap--$34.7B
Average P/E--12.3
Dividend / Share--0.28%

Competitors

No competitors data available.

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.

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