Underlying ETF's used for portfoliocharts.com?

Discussion of the Stock portion of the Permanent Portfolio

Moderator: Global Moderator

Post Reply
ppnewbie
Executive Member
Executive Member
Posts: 850
Joined: Fri May 03, 2019 6:04 pm

Underlying ETF's used for portfoliocharts.com?

Post by ppnewbie » Mon Dec 28, 2020 1:41 pm

I cant find the page that shows the underlying specific funds that Tyler uses for his charts (I used to know where it was!) But anyway specifically I am looking for the commodities ETF Tyler is using in his portfolio modeling.

And...If anyone here has a good suggestion for a commodities ETF would be happy to have the input.
stuper1
Executive Member
Executive Member
Posts: 1365
Joined: Sun Mar 03, 2013 7:18 pm

Re: Underlying ETF's used for portfoliocharts.com?

Post by stuper1 » Mon Dec 28, 2020 2:12 pm

Have you been listening to the MacroVoices podcast also?

It's funny because I went to Tyler's website just yesterday to see what he used for commodities. I couldn't find it either.
ppnewbie
Executive Member
Executive Member
Posts: 850
Joined: Fri May 03, 2019 6:04 pm

Re: Underlying ETF's used for portfoliocharts.com?

Post by ppnewbie » Mon Dec 28, 2020 2:58 pm

I am a macrovoices listener! During the crash I wanted to invest in copper and other commodities but it kind of fell of my radar. I know it's run up but it may still be a good idea long term as an inflation hedge.
User avatar
Tyler
Executive Member
Executive Member
Posts: 2066
Joined: Sat Nov 12, 2011 3:23 pm
Contact:

Re: Underlying ETF's used for portfoliocharts.com?

Post by Tyler » Mon Dec 28, 2020 3:39 pm

ppnewbie wrote:
Mon Dec 28, 2020 1:41 pm
I cant find the page that shows the underlying specific funds that Tyler uses for his charts (I used to know where it was!) But anyway specifically I am looking for the commodities ETF Tyler is using in his portfolio modeling.

And...If anyone here has a good suggestion for a commodities ETF would be happy to have the input.
It's admittedly a little tucked away, but you can find the source data info at Portfolios > Sources and Methodology > Data Sources. Here's a direct link: https://portfoliocharts.com/data-sources/

The commodities data comes from the Simba spreadsheet, which I believe uses GSG as its most recent source. There aren't a lot of good commodities ETFs out there, but that one is probably at the top of the list.
ppnewbie
Executive Member
Executive Member
Posts: 850
Joined: Fri May 03, 2019 6:04 pm

Re: Underlying ETF's used for portfoliocharts.com?

Post by ppnewbie » Mon Dec 28, 2020 4:58 pm

Thanks Tyler. Interesting I looked up GSG. It seems like the ETF is has move into a majority T-Bills. Maybe they are waiting for a pullback to reinvest.

https://www.etf.com/GSG#overview
https://www.ishares.com/us/products/239 ... trust-fund
User avatar
Tyler
Executive Member
Executive Member
Posts: 2066
Joined: Sat Nov 12, 2011 3:23 pm
Contact:

Re: Underlying ETF's used for portfoliocharts.com?

Post by Tyler » Mon Dec 28, 2020 5:03 pm

ppnewbie wrote:
Mon Dec 28, 2020 4:58 pm
Thanks Tyler. Interesting I looked up GSG. It seems like the ETF is has move into a majority T-Bills. Maybe they are waiting for a pullback to reinvest.

https://www.etf.com/GSG#overview
https://www.ishares.com/us/products/239 ... trust-fund
I believe that's actually just how commodities funds work. Since they deal in the futures market, they are required to maintain large cash positions as collateral.
ppnewbie
Executive Member
Executive Member
Posts: 850
Joined: Fri May 03, 2019 6:04 pm

Re: Underlying ETF's used for portfoliocharts.com?

Post by ppnewbie » Mon Dec 28, 2020 5:16 pm

Tyler wrote:
Mon Dec 28, 2020 5:03 pm
ppnewbie wrote:
Mon Dec 28, 2020 4:58 pm
Thanks Tyler. Interesting I looked up GSG. It seems like the ETF is has move into a majority T-Bills. Maybe they are waiting for a pullback to reinvest.

https://www.etf.com/GSG#overview
https://www.ishares.com/us/products/239 ... trust-fund
I believe that's actually just how commodities funds work. Since they deal in the futures market, they are required to maintain large cash positions as collateral.
Thanks! I am completely clueless on commodities. Thanks again for the info.
ppnewbie
Executive Member
Executive Member
Posts: 850
Joined: Fri May 03, 2019 6:04 pm

Re: Underlying ETF's used for portfoliocharts.com?

Post by ppnewbie » Mon Dec 28, 2020 5:27 pm

stuper1 wrote:
Mon Dec 28, 2020 2:12 pm
Have you been listening to the MacroVoices podcast also?

It's funny because I went to Tyler's website just yesterday to see what he used for commodities. I couldn't find it either.
My only gripe with Erik Townsend is that he is wrong ALOT. There is an old trick. Someone can sound like they are mimicing you real time by saying exactly are saying just at an imperceptible delay. That is what I feel these hedge fund guys do when they talk. They pretty much look at a chart and skillfully say it went up after the fact, throw some big names in there. Throw some of their past predictions that were correct in there and it sounds like they knew it was going up.

He is a good interviewer and has great guest on. Anyway I am still a big fan - I just take what he says with a grain of salt!
stuper1
Executive Member
Executive Member
Posts: 1365
Joined: Sun Mar 03, 2013 7:18 pm

Re: Underlying ETF's used for portfoliocharts.com?

Post by stuper1 » Wed Dec 30, 2020 11:01 am

I agree with you 100%. He's a good talker and has good instincts, I think, but like all these guys his timing could be way off the mark. For example, he says that with all this stimulus money sloshing around it's inevitable that inflation has to take off soon. I'm not so sure. People said the same thing in 2008. I think he'll be right eventually, but it may be 20 more years.

He also says that with Biden coming into power, the Green New Deal is going to take off, and copper prices are going to skyrocket. Well, if that's such a sure thing, then why haven't copper prices skyrocketed already? Obviously it's not as sure as he thinks it is.

The commodity ETF with the lowest expense ratio I've found is COMB with an ER of 0.25%.

When I look at commodity fund performance graphs, they do look like possibly a good buy. They've been going downhill for over a decade, so at some point wouldn't they have to go up?
Post Reply