FWCC Mock ETF

Mock Portfolio Outcomes:

• Tracking will be done weekly until April 1st

• Goal is to outperform the S&P 500

• 6 commodity based equities and 5 pure commodities

• Commodity Strategy - Pick commodities with current relevance (seasonal, and consumer demand) for best short term performance.

• Equity Strategy

• Pick medium to high risk companies backed by stronger commodities such as gold

• Pick lower risk companies backed by more volatile commodities such as agricultural products 

• Incorporate wide array of commodity items for increased chances at sizable short term growth

Equity Basis:

• $300,000 allocated to commodity based company equity traded on U.S. Exchanges.

• Equity decisions meant to be risky featuring a variety of equities representing different commodity industries including agriculture, energy, and metals.

Commodity Basis:

• $200,000 allocated to commodity continuous contracts (tracked via https://tradingeconomics.com/commodities)

• Sugar, Lumber, Gold, Polyethylene, and Natural Gas

• Commodity Relevance/Timeliness:

• Sugar: Sugar was picked for the portfolio to act as a vehicle for a large volume of shares, purchased at a price of just ¢19.90, allowing for over 100,000 shares to be purchased. While unlikely this investment will provide an opportunity for major growth if, hypothetically, the price of sugar skyrockets. On another note, within the United States, food products have become increasingly packed with sugar, and many Americans have become “addicted” to sugar. While alternative sweetener options have become much more popular in recent years, because we are only tracking this portfolio over a short period of time, alternative sugar demand shouldn’t crowd out that of traditional sugar indicating that the value of sugar commodities will increase and if not they will remain stable not deducting from the portfolios value.

• Lumber: Currently there is a housing shortage in the United States, if the problem is addressed in the foreseeable future, the demand for lumber will likely rise as it is a critical material in home development. Also lumber harvesting has and is becoming increasingly more sustainable with growing development in areas such as better forest management and reforestation aiding both the global lumber demand and environmental concerns.

• Gold: Gold is likely the safest and most popular commodity investment on the market as it serves as a store of value, maintaining purchasing power over time. In our portfolio gold acts as both a familiar face contributing to the legitimacy of the wide mix of financial instruments, as well as foundational investment which is less volatile and higher in value relative to many other commodities.

• Polyethylene: Polyethylene is the world's most widely used plastic, used in many items including bottles, bags, and packaging. Polyethylene can be produced in large quantities relatively inexpensively as compared to other plastics and is expected to grow over $50 billion in market size over the next seven years. While talk of limiting single use plastics have become more common around the globe, the short term nature of this financial experiment shouldn’t have any conflict with the long term plastic reduction goals within many nations. Plastic will continue to be an essential commercial material over the duration of this portfolio examination.

• Natural Gas: Natural Gas demand should be higher than average over the period of examination (February 21 - April 1) as much of the United States experiences cool temperatures further increasing the demand for residential and commercial space heating.

Equity Investment Content (Initial):

• American Vanguard Corp. (AVD)

• Related Commodity: Gold

• Share Price at Purchase: $5.33

• Share Volume: 4,500

• Portfolio Weight: 4%

• Phillips 66 (PSX)

• Related Commodity: Oil

• Share Price at Purchase: $131.39

• Share Volume: 1,150

• Portfolio Weight: 25%

• United States Steel Corp. (X)

• Related Commodity: Steel

• Share Price at Purchase: $37.35 

• Share Volume: 2,400

• Portfolio Weight: 14%

• Vital Farms Inc. (VITL)

• Related Commodity: Eggs

• Share Price at Purchase: $34.77

• Share Volume: 4,845

• Portfolio Weight: 29%

• Franco-Nevada Corp. (FNV)

• Related Commodity: Gold

• Share Price at Purchase: $142.58

• Share Volume: 700

• Portfolio Weight: 16%

• Dole PLC (Dole)

• Related Commodity: Diversified Produce

• Share Price at Purchase: $13.68

• Share Volume: 4,844

• Portfolio Weight: 11%

Commodity Investment Content (Initial):

• Sugar #11 (SB00)

• Share Volume: 100,502

• Share Price at Purchase: ¢19.90

• Portfolio Weight: 10%

• Lumber (LBR00)

• Share Volume: 65

• Share Price at Purchase: $619

• Portfolio Weight: 20%

• Gold (GC00)

• Share Volume: 23.74

• Share Price at Purchase: $2948.50

• Portfolio Weight: 35%

• Polyethylene (PE00) (International: DCE [Dalian Commodity Exchange])

• Share Volume: 18

• Share Price at Purchase: $1104.47

• Portfolio Weight: 10%

• Natural Gas (NG00)

• Share Volume: 11,494

• Share Price at Purchase: $4.35

• Portfolio Weight: 25%

Progress Tracking:

February 21 -12:10 p.m.- (Initial Start)

FWCC Portfolio dollar value: $500,000

FWCC Portfolio gain/loss (Percent): 0%

S&P 500 dollar value: $6,081.16

S&P 500 gain/loss: 0%

February 21 -3:00 p.m.

FWCC Portfolio dollar value: $513,793.12

• Equity Value: $294,780.09

• Commodity Value: $219,013.03

FWCC Portfolio gain/loss (From Start Date): 2.759%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: Vital Farms (VITL), 1.15%

• Largest Faller Equity: United States Steel Corp. (X), -0.964%

• Largest Riser Commodity: Lumber (LBR00), 0.24%

• Largest Faller Commodity: Natural Gas (NG00), -2.207%

S&P 500 dollar value: $6,018.12

S&P 500 gain/loss (From Start Date): -1.037%

February 24 -5:00 p.m. (Market Close)

FWCC Portfolio dollar value: $476,892.55

• Equity Value: $279,220.31

• Commodity Value: $197,672.24

FWCC Portfolio gain/loss (From Start Date): -4.621%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: United States Steel Corp. (X), 1.73%

• Largest Faller Equity: Vital Farms (VITL), -7.36%

• Largest Riser Commodity: Polyethylene (PE00), 0.74%

• Largest Faller Commodity: Natural Gas (NG00), -6.00%

S&P 500 dollar value: $5,983.25

S&P 500 gain/loss (From Start Date): -1.61%

February 25 -5:00 p.m. (Market Close)

FWCC Portfolio dollar value: $479,339.86

• Equity Value: $278,808.16

• Commodity Value: $200,531.70

FWCC Portfolio gain/loss (From Start Date): -4.132%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: Dole (DOLE), 1.81%

• Largest Faller Equity: Vital Farms (VITL), -0.84%

• Largest Riser Commodity: Natural Gas (NG00), 4.06%

• Largest Faller Commodity: Sugar (SB00), -0.04%

S&P 500 dollar value: $5,955.25

S&P 500 gain/loss (From Start Date): -2.07%

February 26 -5:00 p.m. (Market Close)

FWCC Portfolio dollar value: $486,705.33

• Equity Value: $290,844.22

• Commodity Value: $195,861.11

FWCC Portfolio gain/loss (From Start Date): -2.659%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: Vital Farms (VITL), 5.68%

• Largest Faller Equity: United States Steel Corp. (X), -0.94%

• Largest Riser Commodity: Polyethylene (PE00), 0.09%

• Largest Faller Commodity: Natural Gas (NG00), -4.12%

S&P 500 dollar value: $5,956.06

S&P 500 gain/loss (From Start Date): -2.056%

February 27 -5:00 p.m. (Market Close)

FWCC Portfolio dollar value: $474,655.45

• Equity Value: $280,514.83

• Commodity Value: $194,140.62

FWCC Portfolio gain/loss (From Start Date): -5.069%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: United States Steel Corp. (X), 3.18%

• Largest Faller Equity: Vital Farms (VITL), -9.12%

• Largest Riser Commodity: Lumber (LBR00), 1.11%

• Largest Faller Commodity: Sugar (SB00), -4.68%

S&P 500 dollar value: $5,861.57

S&P 500 gain/loss (From Start Date): -3.611%

February 28 -11:40 p.m.

FWCC Portfolio dollar value: $481,637.09

• Equity Value: $289,427.88

• Commodity Value: $197,350.36

FWCC Portfolio gain/loss (From Start Date): -2.644%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: Vital Farms (VITL), 3.81%

• Largest Faller Equity: American Vanguard Corp. (AVD), -1.63%

• Largest Riser Commodity: Sugar (SB00), 1.09%

• Largest Faller Natural Gas (NG00), —1.32%

S&P 500 dollar value: $5,889.55

S&P 500 gain/loss (From Start Date): -3.151%

March 3 -5:00 p.m. (Market Close)

FWCC Portfolio dollar value: $486,897.10

• Equity Value: $289,427.88

• Commodity Value: $197,469.22

FWCC Portfolio gain/loss (From Start Date): -2.621%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: Dole PLC (DOLE), 0.62%

• Largest Faller Equity: American Vanguard Corp. (AVD), -5.06%

• Largest Riser Commodity: Natural Gas (NG00), 8.53%

• Largest Faller Commodity: Sugar (SB00), -1.23%

S&P 500 dollar value: $5,849.72

S&P 500 gain/loss (From Start Date): -3.806%

March 4 -5:00 p.m. (Market Close)

FWCC Portfolio dollar value: $471,669.05

• Equity Value: $271,713.21

• Commodity Value: $199,995.84

FWCC Portfolio gain/loss (From Start Date): -5.666%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: Franco-Nevada Corp. (FNV), 1.85%

• Largest Faller Equity: American Vanguard Corp. (AVD), -6.76%

• Largest Riser Commodity: Natural Gas (NG00), 4.21%

• Largest Faller Commodity: Sugar (SB00), -0.72%

S&P 500 dollar value: $5,778.15

S&P 500 gain/loss (From Start Date): -4.983%

March 5 -5:00 p.m. (Market Close)

FWCC Portfolio dollar value: $471,669.05

• Equity Value: $269,481.56

• Commodity Value: $201,434.42

FWCC Portfolio gain/loss (From Start Date): -5.817%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: American Vanguard Corp. (AVD), 4.40%

• Largest Faller Equity: Phillips 66 (PSX), -2.09%

• Largest Riser Commodity: Natural Gas (NG00), 2.85%

• Largest Faller Commodity: Lumber (LBR00), -1.33%

S&P 500 dollar value: $5,842.63

S&P 500 gain/loss (From Start Date): -3.922%

March 5 -5:00 p.m. (Market Close)

FWCC Portfolio dollar value: $471,669.05

• Equity Value: $268,470.19

• Commodity Value: $197,679.16

FWCC Portfolio gain/loss (From Start Date): -6.770%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: Phillips 66 (PSX), 2.55%

• Largest Faller Equity: American Vanguard Corp. (AVD), -3.58%

• Largest Riser Commodity: Sugar (SB00), -0.04%

• Largest Faller Commodity: Lumber (LBR00), -3.18%

S&P 500 dollar value: $5,738.52

S&P 500 gain/loss (From Start Date): -5.634%

March 6 -11:15 a.m.

FWCC Portfolio dollar value: $471,669.05

• Equity Value: $275,476.48

• Commodity Value: $197,679.16

FWCC Portfolio gain/loss (From Start Date): -6.770%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: Vital Farms (VITL), 4.48%

• Largest Faller Equity: United States Steel Corp. (X), -2.96%

• Largest Riser Commodity: Sugar (SB00), -0.04%

• Largest Faller Commodity: Lumber (LBR00), -3.18%

S&P 500 dollar value: $5,713.94

S&P 500 gain/loss (From Start Date): -6.039%

March 10 -5:00 p.m. (Market Close)

FWCC Portfolio dollar value: $471,669.05

• Equity Value: $277,278.74

• Commodity Value: $200,745.05

FWCC Portfolio gain/loss (From Start Date): -4.395%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: American Vanguard Corp. (AVD), 3.42%

• Largest Faller Equity: Vital Farms (VITL), -3.26%

• Largest Riser Commodity: Sugar (SB00), 2.81%

• Largest Faller Commodity: Gold (GC00), -0.77%

S&P 500 dollar value: $5,614.56

S&P 500 gain/loss (From Start Date): -7.673%

March 11 -5:00 p.m. (Market Close)

FWCC Portfolio dollar value: $471,669.05

• Equity Value: $276,181.18

• Commodity Value: $199,867.57

FWCC Portfolio gain/loss (From Start Date): -4.790%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: United States Steel Corp. (X), 5.46%

• Largest Faller Equity: Phillips 66 (PSX), -2.05%

• Largest Riser Commodity: Gold (GC00), 1.09%

• Largest Faller Commodity: Natural Gas (NG00), -3.31%

S&P 500 dollar value: $5,572.07

S&P 500 gain/loss (From Start Date): -8.372%

March 12 -5:00 p.m. (Market Close)

FWCC Portfolio dollar value: $478,798.23

• Equity Value: $281,703.44

• Commodity Value: $197,094.88

FWCC Portfolio gain/loss (From Start Date): -4.240%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: United States Steel Corp. (X), 2.67%

• Largest Faller Equity: American Vanguard Corp. (AVD), -1.26%

• Largest Riser Commodity: Sugar (SB00), 1.29%

• Largest Faller Commodity: Natural Gas (NG00), -9.42%

S&P 500 dollar value: $5,599.30

S&P 500 gain/loss (From Start Date): -7.924%

March 13 -5:00 p.m. (Market Close)

FWCC Portfolio dollar value: $463,987.97

• Equity Value: $266,211.56

• Commodity Value: $197,776.41

FWCC Portfolio gain/loss (From Start Date): -7.202%

*The following statistics are based on intra-day percentage changes*

• Largest Riser Equity: Franco-Nevada Corp. (X), 2.29%

• Largest Faller Equity: Vital Farms Inc. (VITL), -8.20%

• Largest Riser Commodity: Sugar (SB00), 1.82%

• Largest Faller Commodity: Natural Gas (LB00), -2.33%

S&P 500 dollar value: $5,521.12

S&P 500 gain/loss (From Start Date): -9.209%