From Indexuniverse.com: Claymore Securities has filed papers for a new ETF tracking the Standard & Poor’s Commodity Trends Indicator, a momentum-based commodities index that aims to outperform the broader commodities market.

The index tracks 16 commodities futures contracts divided into six sectors: Energy, Industrial Metals, Precious Metals, Livestock, Grains and Softs. Rather than simply taking a long position in each commodity, however, the index takes either a long/short or long/flat approach based on momentum trends in each sector……Full Article: Source