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USCC

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Analysis and statistics

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About

USCC.TO represents the United States Commodity Index Fund (CAD-Hedged). This is an exchange-traded fund (ETF) listed on the Toronto Stock Exchange. It seeks to replicate, before fees and expenses, the performance of the SummerHaven Dynamic Commodity Index Total Return, hedged to the Canadian dollar. The index provides exposure to a diversified basket of commodity futures contracts, selected based on factors like backwardation and low volatility, and aims to offer a hedge against inflation and a source of diversification for investment portfolios.
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Factors

**Crude Oil Prices**: USCC.TO tracks crude oil futures, so its price largely mirrors West Texas Intermediate (WTI) crude oil price movements.

**Supply & Demand**: Global crude oil supply (OPEC+ production, US shale output) and demand (economic growth, seasonal factors) influence oil prices, thus impacting USCC.TO.

**Geopolitical Events**: Political instability, conflicts, or policy changes in oil-producing regions can disrupt supply and cause price volatility, affecting USCC.TO.

**Economic Indicators**: Economic growth indicators globally such as GDP growth, manufacturing indices, and consumer spending will affect the demand of oil and thus USCC.TO.

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