This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

13 New Commodity ETNs

NEW YORK ( TheStreet Ratings) - Month after month the list of exchange-traded notes continues to grow. Each narrow sub-category of investment classification is a candidate for its own tradable security.

To qualify for a risk-adjusted return ranking with TheStreet Ratings, new exchange-traded funds or notes must trade for a full year. 209 new exchange-traded funds & notes with less than one year of history are slated to be added to our universe of rated funds over the next 12 months.

The following iPath exchange-traded notes are New York Stock Exchange listed securities that are available for purchase and sale throughout the secondary market's trading day. Like ETFs, they can be sold short. These securities differ from exchange-traded funds in that they are senior, unsecured, unsubordinated debt securities of Barclays Bank PLC (BCS) that have returns tied to benchmark indexes. This adds an issuer risk not present with exchange-traded funds.

13 new notes from Barclays Bank PLC covering new pure-plays on commodities that launched in April turned in their first full calendar month of trading. All the securities below began trading on April 20, 2011.

iPath Pure Beta Aluminum ETN (FOIL) generates returns linked to the Barclays Capital Aluminum Pure Beta TR Index (the "Index"). The Index is intended to reflect the returns that are potentially available through an unleveraged investment in the futures contracts in the Aluminum markets. In May, the fund lost 2.4%.

iPath Pure Beta Cotton ETN (CTNN) generates returns linked to the Barclays Capital Cotton Pure Beta TR Index (the "Index"). The Index is intended to reflect the returns that are potentially available through an unleveraged investment in the futures contracts in the Cotton markets. In May, the fund gained 12.9%.

iPath Pure Beta Crude Oil ETN (OLEM) generates returns linked to the Barclays Capital WTI Crude Oil Pure Beta TR Index (the "Index"). The Index is intended to reflect the returns that are potentially available through an unleveraged investment in the futures contracts in the Crude Oil markets. In May, the fund gained 1.8%.

iPath Pure Beta Energy ETN (ONG) generates returns linked to the Barclays Capital Commodity Index Energy Pure Beta TR and reflects the returns that are potentially available through an unleveraged investment in six futures contracts on energy commodities traded on U.S. exchanges. In May, the fund gained 4.5%.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7870 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs