State Street Journal
Boston Financial Journal
Markets · Derivatives

Futures

Commodity and financial futures contracts and the exchanges that trade them.

Contango and Backwardation: Why Your Commodity ETF Loses Money When Prices Rise

Contango destroys commodity ETF returns even when underlying prices rise. This guide explains futures curve shapes, roll yield costs, VIX contango, and how to evaluate commodity investments before committing capital.

James Aldrich · BOSTON