The Dow Jones-AIG Commodity Index was down -11.54% for the month of July. The Dow Jones-AIG Lean Hogs Sub-Index had the only positive monthly gain with a return of 7.25%. Silver and Zinc had the narrowest downside MTD performances of -0.30% and -0.48%, respectively. The three most significant downside performing single commodity indexes were Natural Gas, Corn, and Unleaded Gas, which were down -26.58%, -22.53%, and -12.91% respectively, in July.
Year to date, the Dow Jones-AIG Commodity Index is up 11.44% with the Dow Jones-AIG Heating Oil Sub-Index posting the highest gain of 39.13% so far in 2008. Dow Jones-AIG Nickel Sub-Index has the most significant downside YTD performance, down -24.97%.
|
Index Name |
Index Close |
Index Close |
Index Close |
Month-to-Date Percent Change |
Year-to-Date Percent Change |
|
Dow Jones-AIG Commodity
Index |
184.96 |
233.03 |
206.13 |
-11.54% |
11.44% |
|
Dow Jones-AIG Energy
Sub-Index |
266.67 |
410.80 |
338.92 |
-17.50% |
27.10% |
|
Dow Jones-AIG Crude Oil Sub-Index |
541.95 |
801.07 |
709.10 |
-11.48% |
30.84% |
|
Dow Jones-AIG Natural Gas Sub-Index |
17.59 |
30.22 |
22.19 |
-26.58% |
26.17% |
|
Dow Jones-AIG Heating Oil Sub-Index |
297.94 |
457.39 |
414.52 |
-9.37% |
39.13% |
|
Dow Jones-AIG Unleaded Gas Sub-Index |
481.37 |
631.38 |
549.84 |
-12.91% |
14.22% |
|
Dow Jones-AIG Petroleum
Sub-Index |
478.72 |
697.06 |
618.07 |
-11.33% |
29.11% |
|
Dow Jones-AIG Livestock
Sub-Index |
57.52 |
52.32 |
52.12 |
-0.37% |
-9.38% |
|
Dow Jones-AIG Lean Hogs Sub-Index |
20.50 |
17.08 |
18.32 |
7.25% |
-10.63% |
|
Dow Jones-AIG Live Cattle Sub-Index |
97.96 |
94.18 |
89.73 |
-4.73% |
-8.41% |
|
Dow Jones-AIG ExEnergy
Sub-Index |
119.43 |
134.40 |
124.10 |
-7.66% |
3.91% |
|
Dow Jones-AIG Grains
Sub-Index |
69.74 |
87.25 |
73.72 |
-15.50% |
5.71% |
|
Dow Jones-AIG Corn Sub-Index |
20.90 |
31.65 |
24.52 |
-22.53% |
17.32% |
|
Dow Jones-AIG Soybean Sub-Index |
167.98 |
214.12 |
188.27 |
-12.07% |
12.08% |
|
Dow Jones-AIG Wheat Sub-Index |
46.38 |
42.31 |
38.59 |
-8.79% |
-16.80% |
|
Dow Jones-AIG Industrial
Metals Sub-Index |
190.19 |
216.26 |
205.88 |
-4.80% |
8.25% |
|
Dow Jones-AIG Aluminum Sub-Index |
68.99 |
86.43 |
83.07 |
-3.89% |
20.40% |
|
Dow Jones-AIG Copper Sub-Index |
348.78 |
444.42 |
418.67 |
-5.80% |
20.04% |
|
Dow Jones-AIG Nickel Sub-Index |
315.05 |
260.40 |
236.37 |
-9.23% |
-24.97% |
|
Dow Jones-AIG Zinc Sub-Index |
102.53 |
81.84 |
81.44 |
-0.48% |
-20.57% |
|
Dow Jones-AIG Precious
Metals Sub-Index |
131.91 |
145.80 |
145.10 |
-0.48% |
10.00% |
|
Dow Jones-AIG Gold Sub-Index |
113.05 |
123.09 |
122.39 |
-0.56% |
8.26% |
|
Dow Jones-AIG Silver Sub-Index |
175.26 |
202.10 |
201.50 |
-0.30% |
14.97% |
|
Dow Jones-AIG Softs
Sub-Index |
60.43 |
60.95 |
55.57 |
-8.82% |
-8.03% |
|
Dow Jones-AIG Coffee Sub-Index |
31.80 |
33.89 |
30.08 |
-11.26% |
-5.43% |
|
Dow Jones-AIG Cotton Sub-Index |
23.92 |
23.01 |
21.34 |
-7.25% |
-10.79% |
|
Dow Jones-AIG Sugar Sub-Index |
145.16 |
144.70 |
133.55 |
-7.71% |
-8.00% |
|
Dow Jones-AIG Agriculture
Sub-Index |
81.00 |
95.98 |
83.22 |
-13.30% |
2.74% |
|
Dow Jones-AIG Soybean Oil Sub-Index |
98.04 |
126.99 |
112.18 |
-11.66% |
14.42% |
The Dow Jones-AIG Commodity Index is composed of 19 futures contracts on physical commodities and was introduced in 1999. The DJ-AIGCI family of indexes includes nine sector sub-indexes, multiple forward month indexes, sub-indexes for each individual commodity in the original DJ-AIGCI, Euro-, Yen-, Swiss Franc-, and British Pound-denominated versions of the Dow Jones-AIG Commodity Index, and the Dow Jones-AIG Commodity Spot IndexSM. Also available are total return versions of each of the excess return indexes and sub-indexes. As of the end of the first quarter of 2008, we estimate there is $48 billion tracking the DJ-AIGCI group of indexes, out of a total of approximately $175-$185 billion tracking commodities using long only index strategies.
