CMDY

iShares Bloomberg Roll Select Commodity Strategy ETF
C

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*Unless otherwise stated, data provided by FactSet.

CMDY Fund Description

CMDY is an actively managed fund that holds futures contracts on a roll-cost optimized broad market commodity index.

CMDY Factset Analytics Insight

While CMDY is technically an active fund, it seeks maximum correlation to the Bloomberg Roll Select Commodity Index. The 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. It also makes CMDY cheaper to manage, and consequently the fund charges one of the lowest fees in the segment. Compare with sibling fund CMDT, a commodity pool that tracks the same index.

CMDY 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 07/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CMDY 4.76% -1.99% 4.49% -3.87% -- -- --
CMDY (NAV) 3.31% -2.10% 4.70% -3.99% -- -- --
No Underlying Index -- -- -- -- -- -- --
S&P GSCI 6.39% -3.21% 15.26% -6.31% 3.46% -12.26% -4.22%
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%
$27.54M
$454.31K
0.59%

CMDY Portfolio Data

Futures
Optimized
N/A
0

CMDY Index Data

No Underlying Index
Multi-Factor
Fixed
S&P GSCI

CMDY Portfolio Management

0.28%
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CMDY Tax Exposures

20.00% / 39.60%
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No

CMDY Fund Structure

Open-Ended Fund
Yes
No
N/A
N/A
High
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

CMDY Factset Analytics Block Liquidity

As of 07/16/19
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

7,247
$454.31K
401
$31.93K
0.59%
$0.27
0.16%
2.86% / -2.80%
None
100.00%
50,000
0.01
0.01%
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$45.67
5

CMDY Tenor Strategy

N/A

CMDY Rolling Strategy

N/A

CMDY Performance Statistics

0.64
0.46
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0.00%