COMTiShares Commodities Select Strategy ETF
COMT Fund Description
COMT is an actively-managed fund with exposure to commodities and commodity, natural resources and energy equities.
COMT Factset Analytics Insight
COMT takes a novel approach to commodity exposure—so novel that we classify it as a multi-asset fund rather than a commodity fund. The actively managed fund has exposure to commodities as well as commodity, natural resources and energy equities. Leavening commodities exposure with related equities seems like a logical extension for an actively managed fund, considering some of the distortions to spot commodity prices from contango and backwardation in commodity-derivatives. COMT's derivative exposure is loosely based on the popular S&P GSCI Index. Other options along these lines exist in the broad market commodities ETF market, though none fold in stock exposure like COMT. The fund has adequate if underwhelming volume and wide spreads. It charges a fairly cheap fee by commodities standards, and it offers some tax simplicity in the form of a 1099. COMT avoids issuing a K-1 by relying on a wholly owned Cayman subsidiary to access commodity derivatives.
COMT Charts And Performance
COMT Summary Data
COMT Portfolio Data
COMT Index Data
COMT Fund Structure
COMT Tax Exposures
COMT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of COMT. COMT is rated a N/A out of 5.