What this ETF is trying to do

The Direxion Auspice Broad Commodity Strategy ETF (COM) is an exchange-traded fund that focuses on a broad commodity strategy. Instead of buying one specific thing, it uses a strategy to track the performance of various commodities.

What the numbers show

As of October 5, 2026, the share price of the ETF is $35.09. To understand how it has performed, we look at two different types of returns: price return (the change in the share price) and total return (which includes both the price change and the cash distributions paid to investors).

• Year-to-Date (YTD): The price return is approximately 18.63%, while the total return is approximately 21.13%.

• One Year: The price return is approximately 21.91%, and the total return is approximately 24.96%.

• Three Year: The price return is approximately 21.09%, and the total return is approximately 33.41%.

For a simple example, if you had invested $10,000 exactly one year ago at the estimated price of $28.78, the price-only increase of 21.91% would mean your shares are now worth approximately $12,191.

Income and distribution explanation

This ETF pays out cash to investors, which is called a distribution. It usually pays these distributions quarterly (four times a year). The distribution yield is approximately 2.34%.

It is important for beginners to remember that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment (the principal) will stay the same or grow.

NAV erosion explanation

"NAV erosion" happens when the internal value of a fund's assets drops over time, often causing the share price to fall even if the market seems stable.

For this ETF, the erosion-risk score is 100, and the erosion label states "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.

Pros

• Positive Returns: The ETF has shown positive price and total returns over the short-term (YTD) and long-term (three-year) periods.

• Low Erosion Risk: The data indicates no detected price erosion.

• Regular Income: It provides quarterly cash distributions to shareholders.

Cons

• No Holdings Data: There is currently no specific list of top holdings provided to show exactly what the fund owns.

Beginner takeaway

This ETF has seen its share price and total value grow over the last three years. It provides a modest amount of cash income through quarterly distributions. While it currently shows a "good" erosion-risk score, investors should always remember that high yields alone can be misleading and do not guarantee that the share price will continue to rise.