The Drought's Effect On ETFs

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Without a doubt, states in the Corn Belt and Great Plains are facing one of the worst droughts on record. But its full effects won't be known until harvest time, and it could end up having real implications for your ETF portfolio.

The drought has sent a few corn, grain and biofuels ETPs on a meteoric rise over the past three months, and with conditions expected to persist, the worst of the drought may still be ahead.

A handful of examples include:

  • Teucrium Corn Fund (NYSEArca:CORN), + 40 percent
  • iPath Dow Jones UBS Grains Total Return ETN (NYSEArca:JJG), +39 percent
  • iPath Pure Beta Grains ETN (NYSEArca:WEET) , +37 percent
  • iPath Pure Beta Agriculture ETN (NYSEArca:DIRT) , +34 percent
  • Elements MLCX Biofuels (NYSEArca:FUE) , +33 percent

Corn and Grains ETFs Don't forget to check IndexUniverse.com's ETF Data section.

Copyright ® 2012 IndexUniverse LLC . All Rights Reserved.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , ETFs

Referenced Stocks: CORN , FUE , JJG , PHO , SPY

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