Every year the good folks at US Global Investors put together this simple and fantastic visualization on the annual returns for all commodities.
Frank Holmes, their CEO and Chief Investment Officer, has an in-depth post about it here .
However, here is our quick summary of things we found interesting:
#MICUS: Value Managers Say Their Style Is Far From Over
Note of Chuck Bath, David Wallack, and Ramona Persaud's presentation from the 2020 Morningstar Investment Conference. Q2 2020 hedge fund letters, conferences and more Dead Again? Value Managers Say Their Style Is Far From Over For more than a decade, large value has been one of the most difficult factors to own. Moderator Linda Abu Read More
First, the two worst performers in 2014 were the two best performers the previous year: oil and natural gas. This speaks to the short-term volatility of commodities, as well to the fact that investors need to be looking to the long term. While something may swing up and down in a short time horizon, in the long term it may prove to fulfill the investment thesis based on supply and demand fundamentals.
The Periodic Table of Commodity Returns
Infographic source: US Global Investors