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The differences between commodity traders and hedge fund traders can be seen in a few details. Each job has different responsibilities and duties. Additionally, a hedge fund trader has an average salary of $117,549, which is higher than the $93,220 average annual salary of a commodity trader.
The top three skills for a commodity trader include commodities, commodity trading and logistics. The most important skills for a hedge fund trader are hedge funds, macro, and derivative.
| Commodity Trader | Hedge Fund Trader | |
| Yearly salary | $93,220 | $117,549 |
| Hourly rate | $44.82 | $56.51 |
| Growth rate | 10% | 10% |
| Number of jobs | 10,906 | 12,689 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 84% |
| Average age | 43 | 43 |
| Years of experience | - | - |
Commodity traders can be businesses or individuals that mainly focus on investing in oils, gold, or agricultural products. They keep up with the news on commodities to ensure that they know the different forces that determine their prices and use their technical analysis skills to decide to enter or exit trading decisions based on the current trend. These traders often use a futures contract to buy or sell commodities from any category at a predetermined price and time in the future.
A Hedge Fund Trader specializes in developing investment strategies through market research and analysis. Although the extent of their duties depends on their company of employment, it typically includes managing and monitoring market portfolios, trading according to policies and regulations, reaching out to potential business partners through calls and correspondence, discussing terms, and keeping an eye on stock prices. A Hedge Fund Trader must maintain an active communication line with staff for an efficient and fruitful workflow.
Commodity traders and hedge fund traders have different pay scales, as shown below.
| Commodity Trader | Hedge Fund Trader | |
| Average salary | $93,220 | $117,549 |
| Salary range | Between $55,000 And $156,000 | Between $68,000 And $201,000 |
| Highest paying City | Stamford, CT | - |
| Highest paying state | New Hampshire | - |
| Best paying company | The Citadel | - |
| Best paying industry | Finance | - |
There are a few differences between a commodity trader and a hedge fund trader in terms of educational background:
| Commodity Trader | Hedge Fund Trader | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 84% |
| Most common major | Finance | Finance |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between commodity traders' and hedge fund traders' demographics:
| Commodity Trader | Hedge Fund Trader | |
| Average age | 43 | 43 |
| Gender ratio | Male, 87.3% Female, 12.7% | Male, 65.8% Female, 34.2% |
| Race ratio | Black or African American, 5.5% Unknown, 4.1% Hispanic or Latino, 11.3% Asian, 12.2% White, 66.7% American Indian and Alaska Native, 0.2% | Black or African American, 5.4% Unknown, 4.1% Hispanic or Latino, 11.2% Asian, 12.2% White, 66.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 6% | 6% |