CMDT

iShares Commodity Optimized Trust
D

37
*Unless otherwise stated, data provided by FactSet.

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.

CMDT CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/12/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CMDT -6.33% -6.77% -4.42% 1.94% -3.79% -- --
CMDT (NAV) -6.69% -5.32% -4.08% 1.93% -3.61% -- --
Bloomberg Roll Select Commodity Total Return Index -6.75% -5.04% -3.46% 3.27% -2.53% -- --
S&P GSCI -2.20% 0.18% 5.42% 24.70% -3.96% -11.27% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CMDT Top 10 Holdings

CMDT Summary Data

BlackRock
iShares
08/09/13
Commodities Pool
0.80%
$15.84M
$68.43K
0.72%

CMDT Portfolio Data

Futures
Optimized
Annually
--

CMDT Index Data

Multi-Factor
Fixed
S&P GSCI

CMDT Portfolio Management

0.80%
-1.32%
-1.04%
-1.63%

CMDT Tax Exposures

27.84% / 27.84%
--
Yes

CMDT Fund Structure

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

CMDT Factset Analytics Block Liquidity

As of 07/18/18
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

1,403
$68.43K
428
$30.69K
0.72%
$0.27
0.09%
2.62% / -1.31%
None
100.00%
50,000
0.01
0.00%
--
--
$35.16
5

CMDT SECTOR BREAKDOWN


CMDT
Segment Benchmark
39.83%
21.78%
20.99%
5.41%
19.46%
57.98%
12.89%
6.35%
6.84%
8.48%

CMDT TOP 10 TARGETED COMMODITY WEIGHTS

46.45%
23.25%
17.41%
12.89%
100%

CMDT Tenor Strategy

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

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.

CMDT Performance Statistics

0.73
0.54
0.47
0.48
0.00%