BCOM – Bloomberg Commodity Complex ETF

BCOM invests in a highly liquid, broad-based basket of commodities, including energy, grains, precious metals, industrial metals, softs and livestock.

I’m just looking for feedback as to what others think of this fund, or any other fund similar to it that aims to track a broad commodity basket?

I don’t mean in terms of “should I invest in commodities” but more in terms of what the fund itself is likely to do, how well it should track the underlying commodity prices? Is there any obvious problem with it that’d lead to underperformance over time as has occurred with the OOO oil ETF for example?

Any thoughts?

My underlying objective is broad exposure to commodity prices, not limited to the usual gold ETF’s or owning shares in the big mining companies.

Price thus far – chart is daily closing price: