Skip to Content
ETFs

VanEck Commodity Strategy ETF

PIT
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Dec 20, 2022
Expense Ratio
0.55%
Type
Global Commodities & Metals
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$44,987
AUM
$26,725,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
United States Treasury Bill
33.07%
—
United States Treasury Bill
25.47%
—
United States Treasury Bill
17.56%
—
United States Treasury Bill
17.16%
Other/Cash
4.14%
—
-USD CASH-
2.6%
—
Derivatives offset
-98.83%
Invest with PIT
Trade PIT Options

What is PIT?

VanEck Commodity Strategy ETF, an actively managed ETF that seeks to provide long-term capital appreciation and attractive risk-adjusted returns by investing primarily in exchange-traded commodity futures contracts across five major sub-sectors: energy, precious metals, industrial metals, agriculture and livestock.

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

PIT
Performance Measures**

for the time period Dec 22, 2022 to Dec 4, 2025

Returns

1M Trailing Return: 2.8%

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

3M Trailing Return: 7.4%

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

Measures of Risk or Volatility

Max Drawdown: -12.3%

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

Standard Deviation: 15.2%

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: 0.60

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: 0.68

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

ETFs related toPIT

ETFs correlated to PIT include DBC, CMDT, PDBC

PIT
VanEck ETF Trust - VanEck Commodity Strategy ETF
DBC
DB Commodity Services LLC - Invesco DB Commodity Index Tracking Fund
CMDT
Pimco Exchange Traded Fund - PIMCO Commodity Strategy Active Exchange-Traded Fund
PDBC
Invesco Capital Management LLC - Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
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
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy Fund
DJP
Barclays Bank PLC - iPath Bloomberg Commodity Total Return ETN
BCI
abrdn ETF - abrdn Bloomberg All Commodity Strategy K-1 Free ETF
UCO
ProShares Trust - ProShares Ultra Bloomberg Crude Oil 2x Shares
DBO
Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil 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.

FAQ

PIT is a Global Commodities & Metals ETF. VanEck Commodity Strategy ETF, an actively managed ETF that seeks to provide long-term capital appreciation and attractive risk-adjusted returns by investing primarily in exchange-traded commodity futures contracts across five major sub-sectors: energy, precious metals, industrial metals, agriculture and livestock.

Yes, PIT 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, PIT 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 PIT is 0.0378%. This is the percent change in the value of PIT over the most recent 1-month period. The 3-month return on PIT is 0.1234%. This is the percent change in the value of PIT over the most recent 3-month period.

ETFs similar to PIT include USCI, BCD, and COMB.

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

ETFs that are inversely correlated to PIT 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.