Stoneport Advisors Commodity Long Short ETF(NASDAQ:SCLS)

SCLS seeks to provide diversified, trend-responsive exposure across the commodity futures markets. The strategy tracks a rules-based index that selects liquid US exchange-listed commodity futures drawn from major commodity benchmarks. For each commodity, the index evaluates recent price patterns to determine whether the contract is trending upward or downward. Commodities showing sustained positive price trends are held long, while those exhibiting consistent declining trends are held short. Position sizing is determined using an average of industry production levels and market liquidity measures, helping maintain exposure that reflects both economic relevance and tradability. The fund gains its futures exposure through a wholly owned Cayman subsidiary and holds US Treasury securities and cash equivalents as collateral. The index is rebalanced monthly to adjust exposures as market conditions evolve rather than reacting to short-term price movements.