| Currently in the commodity world there are three main types of ETFs available: first generation, next generation (sometimes referred to as second/third generation), and physically-backed products. These are ETFs that are backed by the physical commodities.
For now, this only applies to the precious metals space, as all four have their own physically-backed products (as well as a few that invest in baskets of physical metals). These are by far the most popular commodity ETFs on the Street, accounting for the lion’s share in AUM. But the distinction that we want to focus on is that of first-generation and next-generation commodity ETFs...............................................Full Article: Source
|