Exchange Traded Funds have just about exhausted themselves covering traditional stock market sectors and are now turning toward commodities as a source of new offerings. Examples of commodity funds are SLV (Silver), IAU (Gold) and GSCI (Commodity Indexed Trust).
Do these commodity ETF's offer some unique trading appeal, especially as diversification models as a tool for stock portfolio management?
I would like to find out, but first, I am in the process of assembling a comprehensive list of commodity-based ETF's or similar securities, with a special interest in any that also trade options. An example would be the VIX index, a stock market index that is based on volatility, not stocks, and offers liquid options as a trading vehicle.
If any of my readers are aware of any such commodity-based funds, with special emphasis on the availability of options for leverage, please share them with me under Comments to this thread. I will keep all of you updated on any progress I make in this new direction.