iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY)

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The chart shows the growth of an initial investment of $10,000 in iShares Bloomberg Roll Select Commodity Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) has returned 21.89% so far this year and 29.42% over the past 12 months.

Based on dividend-adjusted daily data since Apr 5, 2018, CMDY's average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, your investment would double in approximately 8.2 years.

Historically, 58% of months were positive and 42% were negative. The best month was Jan 2026 with a return of +10.6%, while the worst month was Jun 2022 at -10.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, CMDY closed higher 52% of trading days. The best single day was Mar 17, 2022 with a return of +4.0%, while the worst single day was Mar 9, 2022 at -5.7%.

iShares Bloomberg Roll Select Commodity Strategy ETF has an annualized alpha of 5.84%, beta of 0.23, and R² of 0.10 versus S&P 500 Index. Calculated based on daily prices since April 06, 2018.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (35.41%) than losses (28.12%) — typical of diversified or defensive assets.
• Beta of 0.23 may look defensive, but with R² of 0.10 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.10 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CMDY has an expense ratio of 0.28%, placing it in the medium range.

CMDY ranks 86 for risk / return — in the top 86% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) and compare them to a chosen benchmark (S&P 500 Index).

iShares Bloomberg Roll Select Commodity Strategy ETF provided a 10.58% dividend yield over the last twelve months, with an annual payout of $6.29 per share.

The table displays the monthly dividend distributions for iShares Bloomberg Roll Select Commodity Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the iShares Bloomberg Roll Select Commodity Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares Bloomberg Roll Select Commodity Strategy ETF was 31.19%, occurring on Mar 18, 2020. Recovery took 276 trading sessions.

The current iShares Bloomberg Roll Select Commodity Strategy ETF drawdown is 0.44%.

The chart below shows the rolling one-month volatility.