CMDT vs. DBMF
Compare and contrast key facts about PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) and iM DBi Managed Futures Strategy ETF (DBMF).
CMDT and DBMF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CMDT is a passively managed fund by PIMCO that tracks the performance of the Bloomberg Roll Select Commodity Total Return Index. It was launched on May 9, 2023. DBMF is an actively managed fund by Litman Gregory Capital Partners LLC. It was launched on May 8, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMDT or DBMF.
Correlation
The correlation between CMDT and DBMF is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CMDT vs. DBMF - Performance Comparison
Key characteristics
CMDT:
0.29
DBMF:
0.50
CMDT:
0.80
DBMF:
0.74
CMDT:
1.15
DBMF:
1.10
CMDT:
0.28
DBMF:
0.38
CMDT:
2.68
DBMF:
0.77
CMDT:
5.48%
DBMF:
7.25%
CMDT:
50.37%
DBMF:
11.05%
CMDT:
-56.29%
DBMF:
-20.39%
CMDT:
-44.01%
DBMF:
-9.69%
Returns By Period
In the year-to-date period, CMDT achieves a 5.36% return, which is significantly higher than DBMF's 2.56% return.
CMDT
5.36%
6.51%
13.89%
14.51%
-3.31%
-2.93%
DBMF
2.56%
0.37%
-0.04%
5.13%
5.50%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CMDT vs. DBMF - Expense Ratio Comparison
CMDT has a 0.65% expense ratio, which is lower than DBMF's 0.85% expense ratio.
Risk-Adjusted Performance
CMDT vs. DBMF — Risk-Adjusted Performance Rank
CMDT
DBMF
CMDT vs. DBMF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) and iM DBi Managed Futures Strategy ETF (DBMF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CMDT vs. DBMF - Dividend Comparison
CMDT's dividend yield for the trailing twelve months is around 8.02%, more than DBMF's 5.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
CMDT PIMCO Commodity Strategy Active Exchange-Traded Fund | 8.02% | 8.45% | 2.71% | 0.00% | 0.00% | 0.00% | 0.00% |
DBMF iM DBi Managed Futures Strategy ETF | 5.60% | 5.75% | 2.91% | 7.72% | 10.38% | 0.86% | 9.35% |
Drawdowns
CMDT vs. DBMF - Drawdown Comparison
The maximum CMDT drawdown since its inception was -56.29%, which is greater than DBMF's maximum drawdown of -20.39%. Use the drawdown chart below to compare losses from any high point for CMDT and DBMF. For additional features, visit the drawdowns tool.
Volatility
CMDT vs. DBMF - Volatility Comparison
PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) has a higher volatility of 35.12% compared to iM DBi Managed Futures Strategy ETF (DBMF) at 2.84%. This indicates that CMDT's price experiences larger fluctuations and is considered to be riskier than DBMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.