CMDY

iShares Bloomberg Roll Select Commodity Strategy ETF
*Unless otherwise stated, data provided by FactSet.

CMDY Fund Description

CMDY tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index.

CMDY Factset Analytics Insight

CMDY’s underlying index tracks futures contracts on 20 different commodities, covering the agriculture, energy, and metals sectors. Index components are weighted by a combination of production and liquidity. In addition, the index selects contract tenors with the least amount of contango or the greatest degree of backwardation. This feature should aid CMDY’s performance over longer holding periods, but also means that it may not be very sensitive to short-term changes in commodity prices. CMDY gets its exposure by holding futures contracts on the index via a Cayman Islands subsidiary — A common structure in the commodity space that allows investors to avoid the complex tax rules that apply to commodity pools. The Index is rebalanced annually each January. Prior to March 1, 2021, CMDY was an actively-managed fund but seeks maximum correlation to the index.

PERFORMANCE [as of 10/14/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CMDY 5.56% 9.03% 30.87% 40.23% 7.66% -- --
CMDY (NAV) 6.54% 10.28% 33.38% 42.30% 8.34% -- --
Bloomberg Roll Select Commodity (TR) Index 6.65% 10.51% 34.34% 43.67% 8.95% 6.16% --
S&P GSCI 10.08% 11.16% 45.71% 62.78% 0.56% 4.26% -5.07%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CMDY Summary Data

Blackrock
iShares
04/03/18
Open-Ended Fund
0.28%
$203.72M
$1.38M
0.56%

CMDY Portfolio Data

Futures
Optimized
N/A
13

CMDY Index Data

Bloomberg Roll Select Commodity (TR) Index
Multi-Factor
Fixed
S&P GSCI

CMDY Portfolio Management

0.28%
-1.22%
-0.44%
-1.85%

CMDY Tax Exposures

20.00% / 39.60%
--
No

CMDY Fund Structure

Open-Ended Fund
Yes
No
N/A
N/A
Low
Daily

CMDY Factset Analytics Block Liquidity

As of 10/15/21
5
4
3
2
1

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

CMDY Tradability

23,685
$1.38M
9,853
$559.60K
0.56%
$0.31
0.21%
0.98% / -0.76%
None
100.00%
50,000
0.20
0.01%
--
0
$60.53
5

CMDY Top 10 Targeted Commodity Weights[View All]

46.62%
23.64%
11.60%
4.05%
3.04%
2.70%
1.82%
1.75%
1.62%
1.00%
97.84%

CMDY Tenor Strategy

CMDY invests in contracts that are optimized for the highest degree of backwardation and will vary in tenor during every rebalance.

CMDY Rolling Strategy

CMDY's contract selection is on the 4th business day of each month and rolled on the 6th through the 10th business day of the month.

CMDY Performance Statistics

0.74
0.62
--
--
0.00%