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 Holdings

CMDT Summary Data

BlackRock
iShares
08/09/13
Commodities Pool
0.80%
$13.00M
$87.82K
0.49%

CMDT Portfolio Data

Futures
Optimized
Annually
--

CMDT Index Data

Multi-Factor
Fixed
S&P GSCI

Related ETFs to CMDT

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

CMDT Portfolio Management

0.80%
-1.24%
-1.01%
-1.47%

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
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

CMDT Factset Analytics Block Liquidity

As of 02/16/18
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

2,349
$87.82K
1,118
$40.63K
0.49%
$0.18
0.02%
1.43% / -1.31%
None
100.00%
50,000
0.02
0.00%
--
--
$37.23
5

CMDT Sector Breakdown

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
0.00%

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.