Welcome back to another BeachBum Trading video! In today’s [SDCI | USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund | Quick Take] video 🎥 , we will be discussing a new ETF on our list: SDCI, a broad commodity ETF. If you’re planning to trade this ETF outside of a retirement or tax-advantaged account, take note that it does not have a K-1 form. This is important as it can result in a hefty tax bill if the ETF issues a K-1 for any gains or interest. Let’s take a quick look at this SDCI | [USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund] ETF on our research tab.
As you can see, SDCI is a commodity ETF with a risk-reward profile of 1.16 for the 52 weeks. While it may not be the most exciting short-term investment, its longer-term return is promising at 2.34. Looking at the FinViz chart, we can see that SDCI is currently trading at a high point. It is made up of a variety of commodities such as cocoa, coffee, live cattle, copper, oil, and gas, to name a few. This mix is based on their performance, adding an interesting factor to this fund that we don’t often see in ETFs.
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00:00 – SDCI WTGP Part
03:26 – BeachBum Trading Sites
04:14 – Discord Invite
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#SDCI #commoditytrading #etfs
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📝 Weekly Trading Game Plan Notes for 4/29 – 5/3/24 – Part 1 👉 https://docs.google.com/document/d/1qQ6kFxVimwgVED0xbk-0UOFDZJzEVrlYAU7D1J1LOjY/edit?usp=sharing
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