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10 Best Performing Commodity ETFs In 2022

In this article, we discuss 10 best performing commodity ETFs in 2022.

As per a new S&P Global Market Intelligence report, dated November 4, commodities prices for core metals will be hit by the macro backdrop facing the global economy through most of 2023. However, these commodities are positioned to survive the market turbulence in the long-term as they are essential for energy transition.

Due to the Inflation Reduction Act being passed, the US renewable energy generation capacity is expected to increase by nearly 150GW in the next few years and global demand for electric vehicles will jump approximately 30% yearly through 2026. This means that metals including copper, lithium, cobalt, and nickel will remain highly demanded.

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This post was originally published on Insider Monkey.