Investors in commodities have been on a huge losing streak in the past few years.
Jodie Gunzberg, S&P Dow Jones Indices global head of commodities, said in a note that “2015 will go down in history as one of the worst years ever for commodities.”
According to Bank of America Merrill Lynch, the current commodities rout is the worst since the Great Depression hit in the 1930s.
Annualised returns for commodities in the past 10 years are -5.1%. It’s the first time commodities have lost money over a 10 year period since the 1960s.
Here’s the chart:
And here’s how other assets measure up for the past 10 years: