Skip to Content
ETFs

VanEck CMCI Commodity Strategy ETF

CMCI
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Aug 21, 2023
Expense Ratio
0.65%
Type
Global Commodities & Metals
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$18,356
AUM
$2,567,000
Associated Index
UBS Constant Maturity Commodity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
United States Treasury Bill
92.42%
Other/Cash
7.58%
—
Derivatives offset
-100.07%
Invest with CMCI
Trade CMCI Options

What is CMCI?

VanEck CMCI Commodity Strategy ETF seeks to track, before fees and expenses, the performance of the UBS Constant Maturity Commodity Total Return Index, a diversified commodity index that allocates across maturities with the aim of minimizing exposure to the front end of the futures curves and mitigating the impact of negative roll yield in contango environments. Diversified across five commodity sectors and 29 commodity components.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

CMCI
Performance Measures**

for the time period Aug 23, 2023 to Dec 4, 2025

Returns

1M Trailing Return: 1.2%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 3.5%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -11.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 12.1%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.41

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.38

The annualized return divided by the max drawdown for the selected time period.

ETFs related toCMCI

ETFs correlated to CMCI include USCI, DBC, PDBC

CMCI
VanEck ETF Trust - VanEck CMCI Commodity Strategy ETF
USCI
United States Commodity Funds LLC - United States Commodity Index 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
DJP
Barclays Bank PLC - iPath Bloomberg Commodity Total Return ETN
GSG
BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed Trust
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy Fund
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
COMT
BlackRock Institutional Trust Company N.A. - iShares GSCI Commodity Dynamic Roll Strategy ETF

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.

FAQ

CMCI is a Global Commodities & Metals ETF. VanEck CMCI Commodity Strategy ETF seeks to track, before fees and expenses, the performance of the UBS Constant Maturity Commodity Total Return Index, a diversified commodity index that allocates across maturities with the aim of minimizing exposure to the front end of the futures curves and mitigating the impact of negative roll yield in contango environments. Diversified across five commodity sectors and 29 commodity components.

CMCI tracks the UBS Constant Maturity Commodity Index.

No, CMCI 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, CMCI 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 CMCI is 0.0194%. This is the percent change in the value of CMCI over the most recent 1-month period. The 3-month return on CMCI is %. This is the percent change in the value of CMCI over the most recent 3-month period.

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

ETFs correlated to CMCI include USCI, DBC, and PDBC.

ETFs that are inversely correlated to CMCI include VIXM, UVIX, and VXX.

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.