IDX Commodity Opportunities Fund (COIDX)

Bringing Opportunistic Commodity-focused exposure to Financial Advisors Family Offices Institutions

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About IDX What’s Unique to This Fund How the Fund Works Docs, Fact Sheet & FAQs Fund Facts & Stats Latest Insights In the Press

A Commodities & Risk-Management Pedigree

At IDX we are focused on developing Risk-Managed Solutions that make it simple for fiduciaries and investors to participate in commodities beyond what’s available through traditional managed futures or long-only commodities funds.

IDX combines expertise across the managed futures and ETF landscape to deliver institutional investors risk-managed exposure that is focused on commodities with an ability to go short as well as opportunistically participate across asset classes.

More than just Managed Futures

The Fund’s manager, IDX, believes that the commodities will be an important source of return for investors going forward. 

However, traditional managed futures funds are typically:


(i) Not necessarily focused on commodities exposures and

(ii) Only express allocations through futures contracts. 


IDX believes a crucial part of the commodity investing landscape, going forward, will be expressed in commodities-related companies…as well as the commodities themselves.

  • Our models seek to profit from bullish & bearish trends across asset classes with a dedicated focus on commodities.

  • In addition to futures contracts, the Fund seeks to profit from trends within the ETF landscape as well (e.g. Mining companies, Oil Servicers, Agri-Business,etc.)

IDX OVER THE YEARS

A brief history of our expertise

  • 2011

    IDX Founders complete pioneering research in "Hedge Fund Replication"

    “Investible Benchmarks and Hedge Fund Liquidity” is published providing early insights into hedge fund replication methods

  • 2011

    Long/Short Replication strategy launched

    IDX Founders begin managing hedge fund replication strategy for large institutional accounts.

  • 2012

    Hedge Fund Replication Business sold to Van Eck Global

    Hedge Fund Replication Business and associated patents acquired by Van Eck Global.

  • 2017

    IDX Founder is a PM of top-100 Barron’s CTA

    2017 Barron’s PENTA lists RQSI GAA as top 100 hedge fund.

  • 2019

    IDX Launches Strategic Commodity Beta Strategy

    IDX launches Long/Flat commodity strategy for advisors seeking risk-managed commodity exposure.

What IDX Believes In

Volatility Can Be Favorable, But Not Without Downside Protection

Commodities have long been an important source of return within institutional portfolios.  Over the last decade, generationally low interest rates and inflation combined with quantitative easing have caused investors to chase increasingly speculative or growth-oriented investments.  The issue remains that commodities have always been a volatile asset class.  IDX seeks to harvest that volatility as a source of return for investors by tactically establishing both long and short exposures that seek to take advantage of trends across all environments.

Long/Short Access to Commodities is Important

We began managing commodities exposure in the form of Separately Managed Accounts in 2019 with a dedicated focus on Risk-Mitigation. Commodities are a powerful asset class for investors, particularly during periods of non-zero inflation and increased geo-political risks.  That said, the volatility and large drawdowns of the asset class are a stumbling block for many investors.  By taking an opportunistic long/short approach to commodities, IDX seeks to provide investors with a commodity-focused exposure that can make money in any environment.

An Ability to invest across Futures & ETFs

Futures contracts have largely remained unchanged since the 70’s while all of the innovation in providing exposures has been in the ETF landscape.  By moving outside just futures contracts, the IDX Commodity Opportunities Fund can participate in trends within the commodities ecosystem that extend beyond just the raw material (such as Oil Services or Miners) as well as entirely new parts of the ecosystem that have no futures representation at all (such as “CleanTech” or “AgriBusiness”).

Why Does it Make Sense to Own (COIDX)?

  • The IDX Commodity Opportunities Fund (COIDX) seeks to tactically allocate to futures and ETFs, using a rules-based approach, in an effort to capture trends across asset classes (with a focus on commodities).

  • The IDX Commodity Opportunities Fund (COIDX) seeks to deliver a superior risk/return profile relative to long-only (passive) commodity exposure.

  • Unlike managed futures funds, the IDX Commodity Opportunities Fund (COIDX) can utilize ETFs to participate capture trends across a broader ecosystem of exposure (i.e. Miners, Oil Services) as well as entire industries not captured by the futures markets (i.e. CleanTech, AgTech)

GROWTH & VOLATILITY

Commodities historically have been an important source of diversified return within portfolios as well as providing a hedge against inflation and geopolitical risk.  However, that has come at the cost of an elevated risk profile.  The Fund seeks to profit in both up and down commodities markets while demonstrating a low correlation to either stocks or bonds.

DRAWDOWNS

In traditional asset classes a “Bear” market is classically defined as a 20% or greater decline from recent highs amid widespread pessimism and negative sentiment. Many investors are surprised to learn that Commodities as an asset class have commonly exceeded bear market territory, as classically defined, over the years. While the payoff, over time, may be large, the cost to get there can be high.

Additional Resources

Regulatory Docs

Prospectus

Statement of Additional Information

Fact Sheet & Commentary

February Factsheet

FAQs

No the Fund does not produce a K-1. Shareholders will receive a 1099 on an annual basis.

Because the fund is designed to be opportunistic, it has the ability to transact across any futures market with sufficient liquidity.  That said, it is expected that the majority of futures exposure will be among the top 30 markets by open interest.

Unlike most managed futures funds, COIDX expects to have the majority of the fund invested in commodities the majority of the time, over a market cycle.  Because there can be periods in which few opportunities exist in within the commodity spectrum (either long or short), the Fund has the ability to try and capitalize on trends in other asset classes.

Yes!  This is one of the distinguishing features of COIDX – the ability to invest in various commodity and hard asset related ETFs.  This allows for (i) the potential to capitalize on more sophisticated trends within the commodities complex (e.g. short oil vs. long oil producers) as well as (ii) the ability to capitalize on industries that aren’t touched by futures (e.g. agri-business, clean-tech, green-tech, infrastructure, etc.)

Fund Facts & Stats

Fund Snapshot

Ticker COIDX
CUSIP 45174B100
Inception Date 11/14/2022

Expenses

Management Fee1.49%
Gross Expense Ratio2.04%
Minimum Investment$10,000

Get In Touch

Call IDX at 800-403-4349, send a message using the form below, or email us at info@idx-us.com for a quick response.

For media inquiries, please email idx@dlpr.com.

By clicking “Send Message Now,” I agree to the IDX Terms of Use. 

Distributed by Foreside Fund Services LLC, which is not affiliated with IDX Funds or IDX Advisors, LLC.

For more information including standard performance of the Funds, please visit the Fund page to download the fact sheet.

There are risks involved with investing including the possible loss of principal. Diversification does not guarantee investment returns or eliminate the risk of loss. Past performance does not guarantee future results.

Investors should carefully consider the investment objectives, risks, charges and expenses of the fund before investing. To obtain a prospectus containing this and other important information, please visit the Fund page to download a prospectus online or Click Here. Read the fund’s prospectus carefully before you invest.

The Fund actively invests in bitcoin futures contracts and other instruments that provide exposure to bitcoin futures. The Fund does not invest directly in or hold bitcoin. The price of bitcoin futures contracts should be expected to differ from the current cash price of bitcoin, which is sometimes referred to as the “spot” price of bitcoin. Consequently, the performance of the Fund should be expected to perform differently from the spot price of bitcoin. These differences could be significant. – Bitcoin and bitcoin futures contracts have historically been more volatile than traditional asset classes. The market for bitcoin futures may be less developed, and potentially less liquid and more volatile, than more established futures markets. While the bitcoin futures market has grown substantially since bitcoin futures commenced trading, there can be no assurance that this growth will continue. Given the complexity of the strategies of the Fund, the Adviser relies heavily on quantitative models and information and data both proprietary as well as supplied by third parties (“Models and Data”). Models and Data are used to rank investments and provide risk management insights. The use of predictive models has inherent risks. Investing in derivatives, including bitcoin futures contracts, may be considered aggressive and may expose the Fund to significant risks. The Fund may incur high portfolio turnover to manage the Fund’s investment exposure. The fund is non-diversified and can invest a high percentage of assets in a small number of issuers which may increase volatility and risk versus a diversified portfolio.

Volatility is a measure of the variation of the level/ price of an asset over time as generally expressed as the annualized standard deviation of daily returns.

Drawdown refers to the percentage decline in asset value from its all time high.

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Contact

+1 800-403-4349

Phoenix Office – 2201 East Camelback Road
Phoenix AZ 85016

ir@idx-us.com

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Disclaimers

Disclosures

Distributed by Foreside Fund Services LLC, which is not affiliated with IDX Funds or IDX Advisors, LLC.

For more information including standard performance of the Funds, please visit the Fund page to download the fact sheet.

There are risks involved with investing including the possible loss of principal. Diversification does not guarantee investment returns or eliminate the risk of loss. Past performance does not guarantee future results.

Investors should carefully consider the investment objectives, risks, charges and expenses of the fund before investing. To obtain a prospectus containing this and other important information, please visit the Fund page to download a prospectus online or Click Here. Read the fund’s prospectus carefully before you invest.

The Fund actively invests in bitcoin futures contracts and other instruments that provide exposure to bitcoin futures. The Fund does not invest directly in or hold bitcoin. The price of bitcoin futures contracts should be expected to differ from the current cash price of bitcoin, which is sometimes referred to as the “spot” price of bitcoin. Consequently, the performance of the Fund should be expected to perform differently from the spot price of bitcoin. These differences could be significant. – Bitcoin and bitcoin futures contracts have historically been more volatile than traditional asset classes. The market for bitcoin futures may be less developed, and potentially less liquid and more volatile, than more established futures markets. While the bitcoin futures market has grown substantially since bitcoin futures commenced trading, there can be no assurance that this growth will continue. Given the complexity of the strategies of the Fund, the Adviser relies heavily on quantitative models and information and data both proprietary as well as supplied by third parties (“Models and Data”). Models and Data are used to rank investments and provide risk management insights. The use of predictive models has inherent risks. Investing in derivatives, including bitcoin futures contracts, may be considered aggressive and may expose the Fund to significant risks. The Fund may incur high portfolio turnover to manage the Fund’s investment exposure. The fund is non-diversified and can invest a high percentage of assets in a small number of issuers which may increase volatility and risk versus a diversified portfolio.vVolatility is a measure of the variation of the level/ price of an asset over time as generally expressed as the annualized standard deviation of daily returns.
Drawdown refers to the percentage decline in asset value from its all time high.