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ETFs

PIMCO Commodity Strategy Active Exchange-Traded Fund

CMDT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 08 2023
Expense Ratio
0.64%
Type
Global Commodities & Metals
Fund Owner
PIMCO
Volume (1m avg. daily)
$115,776
AUM
$6,828,033
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
FED HOME LN DISCOUNT NT DISCOUNT NOT 07/23 0.00000
14.57%
n/a
HYUNDAI AUTO LEASE SECURITIZAT HALST 2023 B A2B 144A
2.93%
FMCC5590019
FREDDIE MAC NOTES 05/25 5.52
2.93%
n/a
WORLD OMNI AUTOMOBILE LEASE SE WOLS 2023 A A2B
2.93%
n/a
US DOLLAR
2.59%
NWG24B
NatWest Group Plc - FR NT REDEEM 25/06/2024 USD 200000
1.47%
n/a
NEXTERA ENERGY CAPITAL SR UNSECURED 03/24 VAR
1.47%
NRDE4669808
NORDEA BANK ABP SR UNSECURED 144A 08/23 VAR
1.47%
n/a
BANK OF AMERICA CORP SR UNSECURED 10/24 VAR
1.47%
BAYZ4646625
BAYER US FINANCE II LLC COMPANY GUAR 144A 12/23 VAR
1.47%
Invest with CMDT

What is CMDT?

The Fund seeks total return which exceeds that of its benchmark, consistent with prudent investment management. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in commodity-linked derivative instruments backed by an actively managed. The Fund invests in commodity-linked derivative instruments, including swap agreements, futures, options on futures, commodity index-linked notes and commodity options that provide exposure to the investment returns of the commodities futures markets.

ETFs related toCMDT

ETFs correlated to CMDT include DBC, PDBC, GSG

CMDT
Pimco Exchange Traded Fund - PIMCO Commodity Strategy Active Exchange-Traded 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
GSG
BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed Trust
COMT
BlackRock Institutional Trust Company N.A. - iShares GSCI Commodity Dynamic Roll Strategy ETF
BNO
United States Commodity Funds LLC - United States Brent Crude Oil Fund
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy Fund
USOI
Credit Suisse AG Nassau Branch - Credit Suisse X-Links Crude Oil Shares Covered Call ETN
USO
United States Commodity Funds LLC - United States Oil Fund
UCO
ProShares Trust - ProShares Ultra Bloomberg Crude Oil 2x Shares
OILK
ProShares Trust - ProShares K-1 Free Crude Oil 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.

Automated Strategies
Related toCMDT

#RAY

Copy Ray Dalio

Category

Classic, Copy the Greats

Risk Rating

Conservative

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with CMDT using Composer

FAQ

CMDT is a Global Commodities & Metals ETF. The Fund seeks total return which exceeds that of its benchmark, consistent with prudent investment management. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in commodity-linked derivative instruments backed by an actively managed. The Fund invests in commodity-linked derivative instruments, including swap agreements, futures, options on futures, commodity index-linked notes and commodity options that provide exposure to the investment returns of the commodities futures markets.

Yes, CMDT is actively 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.

No, CMDT is not passively managed. It is actively 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 CMDT is -0.0111%. This is the percent change in the value of CMDT over the most recent 1-month period. The 3-month return on CMDT is %. This is the percent change in the value of CMDT over the most recent 3-month period.

ETFs similar to CMDT include BCI, CMDY, and USCI.

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

ETFs that are inversely correlated to CMDT include SCO, EDZ, and NRGD.

Disclaimers

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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.