Invests in gasoline futures contracts traded on the New York Mercantile Exchange (NYMEX). Tracks the daily percentage changes in the spot price of gasoline. Now — the numbers.
The stock trades near its peak today. For long-term holders the ride has paid off so far — though past performance guarantees nothing about the future.
This is a fund, not a company — there are no company accounts here to point to a strength. What it holds is what it is.
The balance sheet offers little cushion against a rough stretch. Report-card grade: 1/100.
We grade companies — revenue, margins, balance sheets. This is a fund, so there is no report card to give. That is not a low grade; it is a different kind of thing.
One-line summary: a basket, not a business. Judge it by what it holds.