The Dow Jones-AIG Commodity Index was up 9.43% for the month of June. The Dow Jones-AIG Single Commodity Indexes for Corn, Wheat and Soybean had the strongest gains with month-to-date returns of 25.63%, 17.38%, and 15.55%, respectively. The three most significant downside performing single commodity indexes were Lean Hogs, Zinc and Nickel, which were down 8.92%, 4.26%, and 0.47% respectively, in June.
Year to date, the Dow Jones-AIG Commodity Index is up 26.57% with the Dow Jones-AIG Natural Gas Sub-Index posting the highest gain of 69.86% so far in 2008. Dow Jones-AIG Zinc Sub-Index has the most significant downside YTD performance, down 20.23%.
|
Index
Name |
Index
Close 12/31/2007 |
Index
Close 05/30/2008 |
Index
Close 6/27/2008 |
Month-to
Date Percent Change |
Year-to-Date
Percent Change |
|
Dow Jones-AIG Commodity Index |
184.96 |
213.95 |
234.12 |
9.43% |
26.57% |
|
Dow Jones-AIG Energy Sub-Index |
266.67 |
371.83 |
409.50 |
10.13% |
53.56% |
|
Dow
Jones-AIG Crude Oil Sub-Index |
541.95 |
729.20 |
802.04 |
9.99% |
47.99% |
|
Dow
Jones-AIG Natural Gas Sub-Index |
17.59 |
26.58 |
29.87 |
12.39% |
69.86% |
|
Dow
Jones-AIG Heating Oil Sub-Index |
297.94 |
430.60 |
459.83 |
6.79% |
54.34% |
|
Dow
Jones-AIG Unleaded Gas Sub-Index |
481.37 |
597.36 |
634.28 |
6.18% |
31.76% |
|
Dow Jones-AIG Petroleum Sub-Index |
478.72 |
643.08 |
698.87 |
8.68% |
45.99% |
|
Dow Jones-AIG Livestock Sub-Index |
57.52 |
54.29 |
53.34 |
-1.75% |
-7.25% |
|
Dow
Jones-AIG Lean Hogs Sub-Index |
20.50 |
19.23 |
17.51 |
-8.92% |
-14.56% |
|
Dow
Jones-AIG Live Cattle Sub-Index |
97.96 |
92.74 |
95.70 |
3.19% |
-2.30% |
|
Dow Jones-AIG ExEnergy Sub-Index |
119.43 |
124.55 |
135.71 |
8.96% |
13.63% |
|
Dow Jones-AIG Grains Sub-Index |
69.74 |
74.64 |
89.34 |
19.70% |
28.11% |
|
Dow
Jones-AIG Corn Sub-Index |
20.90 |
26.22 |
32.94 |
25.63% |
57.60% |
|
Dow
Jones-AIG Soybean Sub-Index |
167.98 |
183.59 |
212.15 |
15.55% |
26.29% |
|
Dow
Jones-AIG Wheat Sub-Index |
46.38 |
38.28 |
44.93 |
17.38% |
-3.12% |
|
Dow Jones-AIG Industrial Metals Sub-Index |
190.19 |
206.70 |
216.46 |
4.72% |
13.81% |
|
Dow
Jones-AIG Aluminum Sub-Index |
68.99 |
81.80 |
86.74 |
6.03% |
25.72% |
|
Dow
Jones-AIG Copper Sub-Index |
348.78 |
413.10 |
443.91 |
7.46% |
27.28% |
|
Dow
Jones-AIG Nickel Sub-Index |
315.05 |
261.62 |
260.40 |
-0.47% |
-17.35% |
|
Dow
Jones-AIG Zinc Sub-Index |
102.53 |
85.43 |
81.79 |
-4.26% |
-20.23% |
|
Dow Jones-AIG Precious Metals Sub-Index |
131.91 |
140.38 |
146.61 |
4.44% |
11.14% |
|
Dow
Jones-AIG Gold Sub-Index |
113.05 |
118.21 |
123.48 |
4.46% |
9.23% |
|
Dow
Jones-AIG Silver Sub-Index |
175.26 |
195.84 |
204.41 |
4.37% |
16.63% |
|
Dow Jones-AIG Softs Sub-Index |
60.43 |
54.29 |
60.86 |
12.09% |
0.71% |
|
Dow
Jones-AIG Coffee Sub-Index |
31.80 |
30.15 |
33.75 |
11.92% |
6.12% |
|
Dow
Jones-AIG Cotton Sub-Index |
23.92 |
21.52 |
23.82 |
10.71% |
-0.42% |
|
Dow
Jones-AIG Sugar Sub-Index |
145.16 |
124.07 |
140.73 |
13.42% |
-3.06% |
|
Dow Jones-AIG Agriculture Sub-Index |
81.00 |
83.65 |
97.32 |
16.34% |
20.16% |
|
Dow
Jones-AIG Soybean Oil Sub-Index |
98.04 |
118.06 |
126.26 |
6.94% |
28.78% |
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.
