[goodtyneguy]

I was looking in ProRealTime for a benchmark to use with the Mansfield RS for commodities rather than the S&P500 and I came across the Dow Jones-UBS commodity index. Fact sheets here

There are two indices, from the methodology fact sheet:

Indices in the DJ-UBSCI family are calculated on both an excess return
and total return basis. The excess return indices reflect the return of
underlying commodity futures price movements only, whereas the
total return indices reflect the return on fully collateralized futures
positions. Twenty-two commodities are included in the DJ-UBSCI,
representing the following commodity sectors: energy, precious
metals, industrial metals, livestock and agriculture.
Four main themes underlie the construction

Excess return and total return, confused.com?

Anyone....?