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ETFs

iShares Bloomberg Roll Select Commodity Strategy ETF

CMDY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 03 2018
Expense Ratio
0.28%
Type
Global Commodities & Metals
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$856,108
AUM
$318,846,176
Associated Index
Bloomberg Roll Select Commodity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

B 0 12/07/23
TREASURY BILL
6.52%
n/a
CASH COLLATERAL USD SGAFT
6.41%
B 0 10/03/23
TREASURY BILL
6.27%
n/a
BLK CSH FND TREASURY SL AGENCY
5.67%
B 0 11/02/23
TREASURY BILL
4.99%
n/a
TREASURY BILL
4.70%
B 0 10/12/23
TREASURY BILL
3.13%
n/a
TREASURY BILL
3.12%
B 0 12/12/23
TREASURY
3.10%
n/a
MACKINAC FUNDING CO LLC
1.88%
Invest with CMDY

What is CMDY?

The iShares Bloomberg Roll Select Commodity Strategy ETF (the Fund ) seeks to track the investment results of an index composed of a broad range of commodity exposures with enhanced roll selection, on a total return basis.

ETFs related toCMDY

ETFs correlated to CMDY include DJP, BCI, BCD

CMDY
BlackRock Institutional Trust Company N.A. - iShares Bloomberg Roll Select Commodity Strategy ETF
DJP
Barclays Bank PLC - iPath Bloomberg Commodity Total Return ETN
BCI
abrdn ETF - abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCD
abrdn ETF - abrdn Bloomberg All Comm Longer Dt Strategy K-1 Free ETF
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy Fund
DBC
DB Commodity Services LLC - Invesco DB Commodity Index Tracking Fund
PDBC
Invesco Capital Management LLC - Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
CMDT
Pimco Exchange Traded Fund - PIMCO Commodity Strategy Active Exchange-Traded Fund
COMT
BlackRock Institutional Trust Company N.A. - iShares GSCI Commodity Dynamic Roll Strategy ETF
GSG
BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed Trust
USCI
United States Commodity Funds LLC - United States Commodity Index Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toCMDY

#SPIRAL

Stoic Finance Presents: Inflation Spiral Hedge

Category

Community

Risk Rating

Aggressive

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with CMDY using Composer

FAQ

CMDY is a Global Commodities & Metals ETF. The iShares Bloomberg Roll Select Commodity Strategy ETF (the Fund ) seeks to track the investment results of an index composed of a broad range of commodity exposures with enhanced roll selection, on a total return basis.

CMDY tracks the Bloomberg Roll Select Commodity Index.

No, CMDY is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, CMDY is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on CMDY is 0.0113%. This is the percent change in the value of CMDY over the most recent 1-month period. The 3-month return on CMDY is 0.0443%. This is the percent change in the value of CMDY over the most recent 3-month period.

The standard deviation of CMDY for the past year is 0.1404%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to CMDY include NBCM, UCIB, and CCRV.

ETFs correlated to CMDY include DJP, BCI, and BCD.

ETFs that are inversely correlated to CMDY include SCO, DRIP, and OILD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.