The Vista commodity basket of 15 diversified long-dated commodity futures contracts posted a 4.8% gain in 1H25. Vista edged above the diversified Bloomberg commodiy index, up 3.2%, and the energy weighted S&P GSCI, DOWN 0.2%, for the period.
While the Vista basket ended well and BCOM ended with a gain, the glide path for the first half was bumpy, at best. Commodities, along with everything else, tanked on the tariff tantrum and then, like everything else, recovered as the tariff threats subsided. So much for non-correlated returns! Commods are still not where they were at their early April peak. I added SPY, the S&P 500 ETF, just to show why I really don't buy commodities anymore. But there are true believers out there.
For the first time, I am making the Vista basket available to anyone who asks. Its no secret that it beats the headline commodity indexes-consistentaly and over the short and long term. It should be no secret exactly WHY it does. Also, there's nothing complicated about it. All you need is a futures account. If funded properly, you will never have a margin call. Although, the margin is a little rich for retail but its within the grasp of family offices. The exact names, months and roll dates used to be proprietary and are now available for the asking. Contact me at gdrahal@vistamktresearch.com for more informaiton.
FYI, here's Vista performance since inception.
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