The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) and the United States Commodity Index Fund (USCI) are examples of smart broad index ETFs that are appropriate for this climate, according to Ashton. Worries surrounding the U.S. labor market recovery, inflation, and the negative impact on equities are dominating sector rotations as allocators continue to align their portfolios to capitalize on the shifting climate. “A well structured commodity product should be in everybody's portfolio.” Historically, cyclically oriented sectors such as energy, materials, industrials, and financials have shown higher sensitivity to rising inflation.