Bonds are likely to show little if any returns for several years because interest rates continue to rise. On the other hand, energy prices have had a tremendous run recently. There are ways to take advantage of some commodities but, as Vanguard has pointed out, the S&P 500 Index fund has nearly 9% of its assets devoted to energy stocks, so that is sufficient for most investors. If you want to discuss ways to hedge on commodities and climbing interest rates, let us know.