S&P Dow Jones Indices today announced the composition and weights for the 2015 Dow Jones Commodity Index, which includes the addition of Gasoil, traded on the Intercontinental Exchange.
The Dow Jones Commodity Index is a broad-market commodity index, which, in 2015, will now be composed of 24 exchange-traded futures contracts on physical commodities across three major sectors including: energy, agriculture and livestock, and metals. No contracts will be removed from the Dow Jones Commodity Index for 2015.
The weights of the 2014 Dow Jones Commodity Index along with the 2015 target weights are provided in the tables below. The 2015 weights become effective with the January 2015 roll period, beginning on January 8, 2015. Please refer to the attached spreadsheet for the 2015 Total Dollar Value Traded (TDVT) and their respective target weights.
The Total Dollar Value Traded measures liquidity to the extent to which a commodity is the subject of contract trading. The TDVT for the Dow Jones Commodity Index is calculated using a simple average of the Total Dollar Value Traded for the last five years.