CMDT

iShares Commodity Optimized Trust
D

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

CMDT Fund Description

The iShares Commodity Optimized Trust tracks a roll-cost optimized broad market commodity index.

CMDT Factset Analytics Insight

CMDT is one of the newer entrants to the broad commodities segment, having launched in Aug 2013. It's a new take on a widely followed commodities index—the Dow Jones-UBS Commodity Index—that tracks 20 commodities covering agriculture, energy and metals. The difference between CMDT's index and the original version of the Dow Jones-UBS index has to do with contract selection: The fund picks contracts with the least amount of contango or greatest degree of backwardation. The commodities themselves are weighted based on four factors: economic significance (production); diversification; continuity; and liquidity. CMDT is structured as a commodities pool (so expect a K-1 come tax time) and costs 75 bps a year to hold. Investor interest is weak, raising closure risk concerns.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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CMDT Top 10 Contracts

CMDT Summary Data

BlackRock
iShares
08/09/13
Commodities Pool
0.8%
$14.67M
$271.65K
0.45%

CMDT Portfolio Data

Futures
Optimized
Annually
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CMDT Index Data

Multi-Factor
Fixed
S&P GSCI

Related ETFs to CMDT

DJP, DJCI, UCI, UCIB, GSG
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

CMDT Portfolio Management

0.8%
-1.24%
-0.87%
-1.55%

CMDT Tax Exposures

27.84%
--
Yes

CMDT Fund Structure

Commodities Pool
No
N/A
N/A
N/A
High
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 17:24:17
Daily Spread
Premium/Discount
Volume

CMDT Factset Analytics Block Liquidity

As of 11/22/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CMDT. CMDT is rated a 5 out of 5.

CMDT Tradability

7,190
$271.65K
477
$17.58K
0.45%
$0.16
0.01%
1.95% / -1.31%
None
100%
50,000
0.01
0.00%
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$36.55
5

CMDT Tenor Strategy

CMDT's optimized strategy chooses thos contracts that have the most backwardation or least contango based on the preceeding contract.

CMDT Performance Statistics

0.57
0.53
0.47
0.48
0%

CMDT Rolling Strategy

CMDT rolls contracts over a 5 day period at the beginning of each month, typicalling from the 6th to the 10th trading days.