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 MSCI ESG Analytics Insight

iShares Commodities Select Strategy ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.39 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares Commodities Select Strategy ETF ranks in the 48th percentile within its peer group and in the 3th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

COMT Charts And Performance

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PERFORMANCE [as of 11/08/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
COMT 5.24% 4.36% 6.76% -3.55% 6.10% -4.95% --
COMT (NAV) 4.99% 4.46% 6.77% -3.72% 5.93% -4.99% --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
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%
$527.59M
0.15%

COMT Portfolio Data

9.53%
12/16/19

COMT Index Data

No Underlying Index
Proprietary
Proprietary
N/A

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 11/11/19
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

45,207
$1.44M
33,380
$1.07M
0.15%
$0.05
-0.07%
0.58% / -0.86%
None
95.74%
100,000
0.33
0.02%
--
0
$32.55
N/A

COMT MSCI ESG Ratings

BBB
5.39 / 10
3.13
47.98
8.74%
3.37%
379.31