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ETFs

iShares U.S. ETF Trust iShares GSCI Commodity Dynamic Roll Strategy ETF

COMT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 15 2014
Expense Ratio
0.48%
Type
Global Commodities & Metals
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$4,941,191
AUM
$822,747,880
Associated Index
S&P GSCI Dynamic Roll (USD) Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
BLK CSH FND TREASURY SL AGENCY
8.34%
n/a
CASH COLLATERAL USD BZUFT
8.21%
n/a
CASH COLLATERAL USD GSCFT
7.03%
n/a
TREASURY BILL
2.39%
B 0 11/24/23
TREASURY BILL
2.38%
n/a
TREASURY BILL
2.16%
B 0 10/03/23
TREASURY BILL
1.80%
B 0 12/07/23
TREASURY BILL
1.78%
B 0 11/02/23
TREASURY BILL
1.67%
n/a
TREASURY BILL
1.50%
Invest with COMT

What is COMT?

The Fund seeks to track the investment results of the S&P GSCI Dynamic Roll (USD) Total Return Index (the Underlying Index ), which measures the performance of futures contract ssuch as aluminum, Brent crude oil, cocoa, coffee, copper, corn, cotton, gasoil, feeder cattle, gold, heating oil, leanhogs, lead, live cattle, natural gas, nickel, silver, soybeans, sugar, unleaded gasoline, wheat, West Texas Intermediate crude oil and zinc. TheUnderlying Index is rebalanced on anannual basis.

ETFs related toCOMT

ETFs correlated to COMT include GSG, DBC, PDBC

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
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
UCO
ProShares Trust - ProShares Ultra Bloomberg Crude Oil 2x Shares
DBO
Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund
OILK
ProShares Trust - ProShares K-1 Free Crude Oil Strategy ETF
USO
United States Commodity Funds LLC - United States Oil Fund
BNO
United States Commodity Funds LLC - United States Brent Crude Oil Fund
USOI
Credit Suisse AG Nassau Branch - Credit Suisse X-Links Crude Oil Shares Covered Call ETN

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 toCOMT

#SPIRAL

Stoic Finance Presents: Inflation Spiral Hedge

Category

Community

Risk Rating

Aggressive

#ROT

Ride the Oil Trend

Category

Featured, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with COMT using Composer

FAQ

COMT is a Global Commodities & Metals ETF. The Fund seeks to track the investment results of the S&P GSCI Dynamic Roll (USD) Total Return Index (the Underlying Index ), which measures the performance of futures contract ssuch as aluminum, Brent crude oil, cocoa, coffee, copper, corn, cotton, gasoil, feeder cattle, gold, heating oil, leanhogs, lead, live cattle, natural gas, nickel, silver, soybeans, sugar, unleaded gasoline, wheat, West Texas Intermediate crude oil and zinc. TheUnderlying Index is rebalanced on anannual basis.

COMT tracks the S&P GSCI Dynamic Roll (USD) Index.

No, COMT 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, COMT 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 COMT is 0.045%. This is the percent change in the value of COMT over the most recent 1-month period. The 3-month return on COMT is 0.1177%. This is the percent change in the value of COMT over the most recent 3-month period.

The standard deviation of COMT for the past year is 0.2873%. 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 COMT include FTGC, USCI, and DJP.

ETFs correlated to COMT include GSG, DBC, and PDBC.

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

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.