{"url":"https://etfiq.com/rankings/trading-cheapest-commodity-etfs-to-trade","section":"rankings","title":"Cheapest Commodity ETFs to Trade: Bid-Ask Spreads | ETFIQ","description":"FXY leads cheapest commodity ETFs to trade at 0.010% (cost to trade), as of Oct 22, 2026. 25 funds from ETFIQ\u2019s own published figures.","as_of":"Oct 22, 2026","structured_data":[{"@type":"ItemList","name":"Cheapest commodity ETFs to trade","numberOfItems":25,"itemListOrder":"https://schema.org/ItemListOrderDescending","itemListElement":[{"@type":"ListItem","position":1,"name":"FXY","url":"https://etfiq.com/funds/fxy"},{"@type":"ListItem","position":2,"name":"FXE","url":"https://etfiq.com/funds/fxe"},{"@type":"ListItem","position":3,"name":"HGER","url":"https://etfiq.com/funds/hger"},{"@type":"ListItem","position":4,"name":"FTGC","url":"https://etfiq.com/funds/ftgc"},{"@type":"ListItem","position":5,"name":"DBC","url":"https://etfiq.com/funds/dbc"},{"@type":"ListItem","position":6,"name":"UUP","url":"https://etfiq.com/funds/uup"},{"@type":"ListItem","position":7,"name":"FXF","url":"https://etfiq.com/funds/fxf"},{"@type":"ListItem","position":8,"name":"BCI","url":"https://etfiq.com/funds/bci"},{"@type":"ListItem","position":9,"name":"DBA","url":"https://etfiq.com/funds/dba"},{"@type":"ListItem","position":10,"name":"DBB","url":"https://etfiq.com/funds/dbb"},{"@type":"ListItem","position":11,"name":"DBO","url":"https://etfiq.com/funds/dbo"},{"@type":"ListItem","position":12,"name":"FXA","url":"https://etfiq.com/funds/fxa"},{"@type":"ListItem","position":13,"name":"FXC","url":"https://etfiq.com/funds/fxc"},{"@type":"ListItem","position":14,"name":"PDBC","url":"https://etfiq.com/funds/pdbc"},{"@type":"ListItem","position":15,"name":"UDN","url":"https://etfiq.com/funds/udn"},{"@type":"ListItem","position":16,"name":"OILK","url":"https://etfiq.com/funds/oilk"},{"@type":"ListItem","position":17,"name":"FXB","url":"https://etfiq.com/funds/fxb"},{"@type":"ListItem","position":18,"name":"BCD","url":"https://etfiq.com/funds/bcd"},{"@type":"ListItem","position":19,"name":"FAAR","url":"https://etfiq.com/funds/faar"},{"@type":"ListItem","position":20,"name":"ACOM","url":"https://etfiq.com/funds/acom"},{"@type":"ListItem","position":21,"name":"DBP","url":"https://etfiq.com/funds/dbp"},{"@type":"ListItem","position":22,"name":"DBE","url":"https://etfiq.com/funds/dbe"},{"@type":"ListItem","position":23,"name":"KCCA","url":"https://etfiq.com/funds/kcca"},{"@type":"ListItem","position":24,"name":"BDRY","url":"https://etfiq.com/funds/bdry"},{"@type":"ListItem","position":25,"name":"BWET","url":"https://etfiq.com/funds/bwet"}]},{"@type":"Dataset","name":"Cheapest commodity ETFs to trade","description":"FXY leads cheapest commodity ETFs to trade at 0.010% (cost to trade), as of Oct 22, 2026. 25 funds from ETFIQ\u2019s own published figures.","url":"https://etfiq.com/rankings/trading-cheapest-commodity-etfs-to-trade","dateModified":"2026-10-22","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creditText":"ETFIQ (etfiq.com)","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/trading-score.json"}]},{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What does an ETF\u2019s bid-ask spread cost?","acceptedAnswer":{"@type":"Answer","text":"Half the spread each way, on average, when you trade at the quote. A limit order at the midpoint plus half the spread caps it."}},{"@type":"Question","name":"Which ETF tops this list as of Oct 22, 2026?","acceptedAnswer":{"@type":"Answer","text":"FXY, at 0.010% one way, $1.00 on $10,000, from a 30-day median spread of 0.02% to Oct 22, 2026."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Rankings","item":"https://etfiq.com/rankings/"},{"@type":"ListItem","position":3,"name":"Cheapest commodity ETFs to trade","item":"https://etfiq.com/rankings/trading-cheapest-commodity-etfs-to-trade"}]},{"@type":"WebPage","name":"Cheapest Commodity ETFs to Trade: Bid-Ask Spreads","description":"FXY leads cheapest commodity ETFs to trade at 0.010% (cost to trade), as of Oct 22, 2026. 25 funds from ETFIQ\u2019s own published figures.","url":"https://etfiq.com/rankings/trading-cheapest-commodity-etfs-to-trade","dateModified":"2026-10-22","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":6576,"truncated":false,"content":"ETFIQ / Rankings / Cheapest commodity ETFs to trade \n \n As of Oct 22, 2026 . Rebuilt every trading night.\n Cheapest commodity ETFs to trade\n As of Oct 22, 2026, FXY\u2019s 30-day median bid-ask spread is 0.02%, so a $10,000 order costs $1.00 one way. See 25 funds ranked by cost to trade $10,000 one way, half the 30-day median bid-ask spread, lowest first, among commodity ETFs. Updated Oct 22, 2026.\n Cheapest commodity ETFs to trade, ranked by cost to trade $10,000 one way, half the 30-day median bid-ask spread, lowest first, among commodity ETFs, as of Oct 22, 2026. Scores and tiers as of Oct 22, 2026. Cost to trade is one way for a $10,000 order, half the issuer\u2019s median spread over the 30 days to Oct 22, 2026. Full cost to own is for $10,000 held a year, with the median premium over 12 months to Oct 22, 2026. Source: ETFIQ. # Ticker Fund Score Tier Cost to trade At $10,000 Full cost to own \u00b7 1 yr Fee Flags Net assets \n 1 FXY Invesco CurrencyShares Japanese Yen Trust Not scored No tier 0.010% $1.00 Not measured 0.40% None $435m \n 2 FXE Invesco CurrencyShares Euro Currency Trust Not scored No tier 0.010% $1.00 Not measured 0.40% None $331m \n 3 HGER Harbor Commodity All-Weather Strategy ETF Not scored No tier 0.015% $1.50 Not measured 0.68% None $5.0bn \n 4 FTGC First Trust Global Tactical Commodity Strategy Fund Not scored No tier 0.015% $1.50 Not measured 0.98% None $3.4bn \n 5 DBC Invesco DB Commodity Index Tracking Fund Not scored No tier 0.015% $1.50 Not measured 0.83% None $2.0bn \n 6 UUP Invesco DB USD Index Bullish Fund ETF Not scored No tier 0.015% $1.50 Not measured 0.69% None $494m \n 7 FXF Invesco CurrencyShares Swiss Franc Trust Not scored No tier 0.015% $1.50 Not measured 0.40% None $369m \n 8 BCI abrdn Bloomberg All Commodity Strategy K-1 Free ETF Not scored No tier 0.020% $2.00 Not measured 0.26% None $3.5bn \n 9 DBA Invesco DB Agriculture Fund Not scored No tier 0.020% $2.00 Not measured 0.83% None $1.3bn \n 10 DBB Invesco DB Base Metals Fund Not scored No tier 0.020% $2.00 Not measured 0.70% None $321m \n 11 DBO Invesco DB Oil Fund Not scored No tier 0.020% $2.00 Not measured 0.73% None $283m \n 12 FXA Invesco CurrencyShares Australian Dollar Trust Not scored No tier 0.020% $2.00 Not measured 0.40% None $94m \n 13 FXC Invesco CurrencyShares Canadian Dollar Trust Not scored No tier 0.020% $2.00 Not measured 0.40% None $66m \n 14 PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Not scored No tier 0.025% $2.50 Not measured 0.59% None $7.9bn \n 15 UDN Invesco DB USD Index Bearish ETF Not scored No tier 0.030% $3.00 Not measured 0.68% None $98m \n 16 OILK ProShares K-1 Free Crude Oil ETF 68 Liquid with care 0.050% $5.00 1.04% 0.70% None $247m \n 17 FXB Invesco CurrencyShares British Pound Sterling Trust Not scored No tier 0.050% $5.00 Not measured 0.40% None $103m \n 18 BCD abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF Not scored No tier 0.090% $9.00 Not measured 0.30% None $443m \n 19 FAAR First Trust Alternative Absolute Return Strategy ETF Not scored No tier 0.10% $11 Not measured 0.98% None $248m \n 20 ACOM Harbor Active Commodity ETF Not scored No tier 0.12% $12 Not measured 0.93% None $7m \n 21 DBP Invesco DB Precious Metals Fund Not scored No tier 0.14% $14 Not measured 0.71% None $210m \n 22 DBE Invesco DB Energy Fund Not scored No tier 0.14% $14 Not measured 0.76% None $147m \n 23 KCCA KraneShares California Carbon Allowance Strategy ETF Not scored No tier 0.24% $25 Not measured 0.95% None $121m \n 24 BDRY Breakwave Dry Bulk Shipping ETF Not scored No tier 0.34% $35 Not measured 4.12% None $27m \n 25 BWET Breakwave Tanker Shipping ETF Not scored No tier 0.46% $46 Not measured 4.68% None $172m \n \n Method\n Every ETF ETFIQ places among commodity ETFs whose issuer states a 30-day median bid-ask spread, by the cost to trade a $10,000 order one way: half that spread. A tie is broken by net assets. 25 of the 4,708 ETFs that may be listed qualify tonight. The IQ Liquidity Score measures trading conditions, not the fund, and no list here is a recommendation. The list sorts one published figure, with no scoring or weighting. Too new and closing funds are left out, as are funds no longer listed.\n Questions people ask\n What does an ETF\u2019s bid-ask spread cost? Half the spread each way, on average, when you trade at the quote. A limit order at the midpoint plus half the spread caps it. Which ETF tops this list as of Oct 22, 2026? FXY , at 0.010% one way, $1.00 on $10,000, from a 30-day median spread of 0.02% to Oct 22, 2026. Where to next\n ETF trading costs and liquidity How the IQ Liquidity Score is built Most liquid ETFs Most liquid small ETFs Low-volume ETFs with deep liquidity ETFs whose full cost to own is far above the fee Widest ETF premiums and discounts, last 30 days ETFs with the most days more than 1% from NAV ETFs with one active authorized participant ETFs with the most authorized participants The trading score file Where these figures came from\n Rule 6c-11, what every ETF must publish daily: its spread, premium and holdings SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say ETFIQ links to the documents behind every figure; a link is not an endorsement.\n A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources \n Cite this page. ETFIQ, Cheapest commodity ETFs to trade, ranked by cost to trade $10,000 one way, half the 30-day median bid-ask spread, lowest first, among commodity ETFs, data as of Oct 22, 2026. https://etfiq.com/rankings/trading-cheapest-commodity-etfs-to-trade Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, Cheapest commodity ETFs to trade, ranked by cost to trade $10,000 one way, half the 30-day median bid-ask spread, lowest first, among commodity ETFs, data as of Oct 22, 2026. https://etfiq.com/rankings/trading-cheapest-commodity-etfs-to-trade APA ETFIQ. (Oct 22, 2026). Cheapest commodity ETFs to trade, ranked by cost to trade $10,000 one way, half the 30-day median bid-ask spread, lowest first, among commodity ETFs. Retrieved from https://etfiq.com/rankings/trading-cheapest-commodity-etfs-to-trade Markdown [Cheapest commodity ETFs to trade, ranked by cost to trade $10,000 one way, half the 30-day median bid-ask spread, lowest first, among commodity ETFs (ETFIQ, Oct 22, 2026)](https://etfiq.com/rankings/trading-cheapest-commodity-etfs-to-trade)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, Cheapest commodity ETFs to trade, ranked by cost to trade $10,000 one way, half the 30-day median bid-ask spread, lowest first, among commodity ETFs, data as of Oct 22, 2026. https://etfiq.com/rankings/trading-cheapest-commodity-etfs-to-trade"}