Commodities and Cryptocurrency Offer an Alternative

VettaFi will be hosting an Alternatives Symposium tomorrow, November 28. We are covering a range of alternative topics. These include go-anywhere strategies like long/short and managed futures, as well as collateralized loan obligations, private equity, and real estate. We will also dive deep into commodities and cryptocurrency for two sessions each. For advisors in attendance, three hours of continuing education is available. I wanted to give you some insights into what to expect beyond this preview.

A Focus on Commodities

Tom Lydon will kick off the virutal event at 11 a.m. ET talking about broad commodity strategies. He will be joined by John Love, president and CEO of USCF Investments, and Ed Egilinsky, managing director and head of sales/distribution & alternatives at Direxion. They will look at the benefits of having commodities in a traditional stock-and-bond-based portfolio and the outlook for 2024. Funds likely to be discussed include the Direxion Auspice Broad Commodity Strategy ETF (COM) and the USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI).

Both COM and SDCI provide exposure to agriculture, energy, and metals-based commodities using futures. However, some advisors and end clients prefer to focus on one commodity sector.

At 12:25 p.m. ET during the VettaFi Symposium, Tom will focus on gold, silver, and agricultural commodities. Robert Minter, director of ETF strategy at abrdn, and Jake Hanley, senior portfolio specialist at Teucrium, will join Tom. I expect them to discuss the outlook for ETFs like the abrdn Physical Gold Shares ETF (SGOL) and the Teucrium AiLA Long-Short Agriculture Strategy ETF (OAIA).