DBLCDBAE DBIQ Diversified Agriculture Index Excess Return Index

The Index reflects the trading of commodity futures on 11 commodities drawn from the agriculture sectors. Of the 11 commodities comprising the index, 5 commodities (Corn, Soybeans, Sugar, Wheat and Kansas Wheat), with a combined weight in the Index of 50%, employ the Optimum Yield (OY) technology to select future contracts and 6 commodities (Feeder Cattle, Live Cattle, Lean Hogs, Cocoa, Coffee and Cotton) employ a predefined rolling schedule to select future contracts. The OY approach is designed to maximize potential roll returns by selecting, for each commodity, the futures contract with the highest implied roll yield. The OY technology aims to maximize the potential roll benefits in backwardated markets and minimize the loss from rolling down the curve in contango markets. This index rebalances yearly to fixed weights on the 6th Business day of November according to the index holiday calendar. The 11 commodities have fixed weights of: 1) Cattle (Feeder Cattle) 4.167% 2) Cocoa 11.111% 3) Coffee "C" 11.111% 4) Corn 12.500% 5) Cotton #2 2.778% 6) Lean Hogs 8.333% 7) Live Cattle 12.500% 8) Soybeans 12.500% 9) Sugar #11 12.500% 10) Wheat 6.250% 11) Wheat (Kansas Wheat) 6.250%.

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As of 01/17/2022


Index Information
Provider:     dbIQ (Deutsche Bank)
Category1:  Commodities
Category2:  Agriculture
Category3:  Broad market
Country:      USA
Currency:    USD
Inception date:  09/15/2009
Backtesting data exists:   No
Weighting methodology:   Other
Number of holdings:  11

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