COMT

iShares Commodities Select Strategy ETF
*Unless otherwise stated, data provided by FactSet.

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

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PERFORMANCE [as of 08/11/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
COMT 2.66% 13.36% -23.67% -17.41% -3.40% -2.11% --
COMT (NAV) 2.57% 13.45% -23.37% -17.13% -3.37% -2.13% --
No Underlying Index -- -- -- -- -- -- --
S&P GSCI 2.01% 23.02% -32.79% -26.29% -7.95% -8.27% -8.43%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

COMT Summary Data

Blackrock
iShares
10/16/14
Open-Ended Fund
0.48%
$200.22M
0.28%

COMT Portfolio Data

3.40%
12/14/20

COMT Index Data

No Underlying Index
Proprietary
Proprietary
S&P GSCI

COMT Fund Structure

No
Yes
80% / 20%
N/A
N/A
Low
N/A
N/A

COMT Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

COMT Factset Analytics Block Liquidity

As of 08/12/20
5
4
3
2
1

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.

COMT Tradability

42,421
$1.02M
30,456
$719.46K
0.28%
$0.07
-0.03%
3.66% / -1.36%
None
95.74%
100,000
0.30
0.02%
--
0
$25.19
N/A