The fund invests in securities issued throughout the world. It invests primarily in common stocks. The fund invests at least 80% of assets in stocks of companies principally engaged in the energy, metals, and agriculture group of industries. The advisor allocates investments across different countries and regions. The advisor uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. It is non-diversified.

Nasdaq

FFGIX

The investment seeks capital appreciation. The fund invests in securities issued throughout the world. It invests primarily in common stocks. The fund invests at least 80% of assets in stocks of companies principally engaged in the energy, metals, and agriculture group of industries. It allocates investments across different countries and regions. The fund uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. It is non-diversified.

FFGTX

The fund normally invests at least 80% of assets in securities of companies principally engaged in gold-related activities, and in gold bullion or coins. It invests up to 25% of assets in gold and other precious metals through a wholly-owned subsidiary. The fund invests primarily in common stocks and in certain precious metals. It invests primarily in companies engaged in exploration, mining, processing, or dealing in gold, or to a lesser degree, in silver, platinum, diamonds, or other precious metals and minerals. The fund is non-diversified.

FGDIX

FIQRX

The fund normally invests at least 80% of its net assets in securities of gold and precious metals operation companies. It may buy securities of gold and precious metals operation companies located anywhere in the world and in general invests predominantly in non-U.S. companies. The fund may invest in companies without regard to market capitalization, and may heavily invest in small- and mid-capitalization companies.

FKRCX

The fund normally invests at least 80% of assets in securities of companies principally engaged in gold-related activities, and in gold bullion or coins. It invests up to 25% of assets in gold and other precious metals through a wholly-owned subsidiary. The fund invests primarily in common stocks and in certain precious metals. It invests primarily in companies engaged in exploration, mining, processing, or dealing in gold, or to a lesser degree, in silver, platinum, diamonds, or other precious metals and minerals.

FSAGX

The investment seeks long-term total return. The fund seeks to maintain substantial economic exposure to the performance of the commodities markets. It primarily gains exposure to the commodities markets by investing in a wholly-owned subsidiary of the fund organized as a company under the laws of the Cayman Islands, Cayman Commodity - CSF, Ltd. (the "CSF Subsidiary").

GCCIX

The fund normally invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of foreign and domestic issuers principally engaged in gold related activities and gold bullion. The adviser focuses on stocks that are undervalued, but which appear to have favorable prospects for growth. Because most of the world's gold production is outside of the United States, the advisor expects that a significant portion of the fund's assets may be invested in securities of foreign issuers, including those located in emerging markets.

GOLDX

The fund normally invests at least 80% of its net assets in securities of companies principally engaged in gold-related activities, instruments that derive their value from gold, gold coins and bullion. A company principally engaged in gold-related activities is one that derives at least 50% of its revenues from gold-related activities, including the exploration, mining or processing of or dealing in gold. It concentrates its investments in the gold-mining industry and therefore invests 25% or more of its total assets in such industry.

INIVX

The fund seeks to achieve its investment objective by investing, under normal circumstances, directly or indirectly in a combination of commodity-related equity securities ("Commodity Equity Investments") and commodity futures-linked derivative instruments ("Commodity Investments") and thereby obtaining exposure to the commodity markets.

JCRAX

The investment seeks total return. The fund seeks to achieve the fund's objective by providing exposure to the commodities markets through investing in commodity-linked derivatives rather than investing directly in commodities. Commodities are assets with tangible properties, including oil, natural gas, agricultural products, and industrial and other precious metals.

MCSIX

In pursuit of its investment objectives, the fund invests at least 65% of its total assets in (i) securities (e.g., common and preferred stocks, bonds, convertible securities, etc.) of companies primarily involved, directly or indirectly, in the business of mining, processing, fabricating, distributing or otherwise dealing in gold, silver, platinum, other precious metals, or other natural resources ("Natural Resources Companies") and (ii) gold, silver, and platinum bullion and coins.

MIDSX

The fund principally invests (normally at least 80% of its net assets, plus borrowings for investment purposes) in equity securities of domestic and foreign companies of any size engaged in all sectors of the gold mining and precious metals industries. A foreign company is one that is organized under the laws of a foreign country and has the principal trading market for its stock in a foreign country.

OCMGX

The investment seeks capital appreciation. The fund invests mainly in common stocks of companies that are involved in mining, processing or dealing in gold or other metals or minerals, gold bullion, other physical metals, and precious metals-related ETFs and may invest all of its assets in those securities. Under normal market conditions, at least 80% of the fund's net assets, plus any borrowings, for investment purposes will be invested in those securities, and in derivatives and other instruments that have economic characteristics similar to such securities.

OPGSX

PCLAX

The fund invests in commodity-linked derivative instruments backed by an actively managed, low volatility portfolio of Fixed Income Instruments. "Fixed Income Instruments" include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. The fund may invest up to 20% of its total assets in securities denominated in foreign currencies and may invest without limit in U.S. dollar-denominated securities of foreign issuers. It is non-diversified.

PCLIX

The investment seeks maximum real return, consistent with prudent investment management.  The fund seeks to achieve its investment objective by investing under normal circumstances in commodity-linked derivative instruments backed by a portfolio of inflation-indexed securities and other Fixed Income Instruments. "Fixed Income Instruments" include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. It may also invest in leveraged or unleveraged commodity index-linked notes.

PCRIX

PCRPX

The investment seeks to generate returns over time in excess of the Bloomberg Commodity Index. The advisor expects that most of the fund's commodity investments will be through exchange-traded futures contracts, and exchange-traded forward contracts, on commodities, in each case held by its Cayman Subsidiary. The fund may also invest, directly or through the Cayman Subsidiary, in options on futures contracts linked to commodities, CLNs linked to commodity indices, and ETFs and ETNs whose returns are linked to commodities or commodity indices within the limits of applicable tax law. It is non-diversified.

PQCMX

The fund seeks exposure to the performance of the commodities markets. It will invest in exchange-traded products, including investment companies and commodity pools, that provide exposure to the commodities markets and in commodity-linked derivative instruments, which primarily consist of swap agreements, commodity options, and futures and options on futures. The fund also may invest up to 25% of its total assets in a wholly-owned and controlled Cayman Islands subsidiary. It is non-diversified.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield
FFGIX	Fidelity Advisor Global Commodity Stock Fund Class...	Commodities	Mar 25, 2009	0.93%	11.82%	5.55%	1.86%
FFGTX	Fidelity Advisor Global Commodity Stock Fund Class...	Commodities	Mar 25, 2009	1.52%	11.53%	5.03%	1.32%
FGDIX	Fidelity Advisor Gold Fund Class I	Precious Metals	Dec 12, 2006	0.76%	14.24%	3.29%	0.55%
FIQRX	Fidelity Advisor Global Commodity Stock Fund Class...	Commodities	Oct 2, 2018	0.80%	11.84%	—	2.04%
FKRCX	Franklin Gold and Precious Metals Fund	Precious Metals	May 18, 1969	0.88%	17.72%	3.99%	2.65%
FSAGX	Fidelity Select Gold Portfolio	Precious Metals	Dec 15, 1985	0.76%	14.24%	3.29%	0.56%
GCCIX	Goldman Sachs Commodity Strategy Fund	Commodities	Mar 29, 2007	0.59%	8.29%	-4.73%	3.88%
GOLDX	Gabelli Gold Fund	Precious Metals	Jul 10, 1994	1.51%	11.35%	5.32%	1.01%
INIVX	VanEck International Investors Gold Fund	Precious Metals	Feb 9, 1956	1.42%	12.01%	4.71%	0.09%
JCRAX	ALPS/CoreCommodity Management CompleteCommoditiesS...	Commodities	Jun 28, 2010	1.36%	6.40%	0.27%	3.07%
MCSIX	MFS Commodity Strategy Fund	Commodities	Jun 1, 2010	0.90%	5.73%	-0.79%	2.09%
MIDSX	Midas Fund	Precious Metals	Jan 7, 1986	4.25%	9.09%	-2.08%	0.00%
OCMGX	OCM Gold Fund	Precious Metals	Feb 3, 1988	2.32%	20.81%	6.45%	0.00%
OPGSX	Invesco Gold & Special Minerals Fund	Precious Metals	Jul 18, 1983	1.05%	13.94%	6.96%	0.71%
PCLAX	PIMCO CommoditiesPLUS Strategy Fund	Commodities	May 28, 2010	1.19%	10.50%	-0.16%	2.05%
PCLIX	PIMCO CommoditiesPLUS Strategy Fund	Commodities	May 27, 2010	0.98%	10.49%	0.16%	2.31%
PCRIX	PIMCO Commodity Real Return Strategy Fund	Commodities	Jun 27, 2002	0.80%	12.93%	-0.35%	5.88%
PCRPX	PIMCO Commodity Real Return Strategy Fund	Commodities	Apr 30, 2008	0.92%	13.72%	-0.47%	6.44%
PQCMX	PGIM Quant Solutions Commodity Strategies Fund	Commodities	Nov 14, 2016	0.62%	7.12%	—	3.63%
RYMEX	Rydex Commodities Strategy Fund	Commodities	May 24, 2005	1.60%	10.47%	-4.17%	4.51%

Commodity Mutual Funds List

Risk vs. Return Scatterplot