CMDT vs. VOO
Compare and contrast key facts about PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) and Vanguard S&P 500 ETF (VOO).
CMDT and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both CMDT and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMDT or VOO.
Correlation
The correlation between CMDT and VOO is 0.12, 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. VOO - Performance Comparison
Key characteristics
CMDT:
0.34
VOO:
1.88
CMDT:
0.87
VOO:
2.53
CMDT:
1.16
VOO:
1.35
CMDT:
0.33
VOO:
2.81
CMDT:
3.12
VOO:
11.78
CMDT:
5.55%
VOO:
2.02%
CMDT:
50.32%
VOO:
12.67%
CMDT:
-56.29%
VOO:
-33.99%
CMDT:
-42.65%
VOO:
0.00%
Returns By Period
In the year-to-date period, CMDT achieves a 7.91% return, which is significantly higher than VOO's 4.61% return. Over the past 10 years, CMDT has underperformed VOO with an annualized return of -2.69%, while VOO has yielded a comparatively higher 13.30% annualized return.
CMDT
7.91%
9.09%
16.83%
18.19%
-2.85%
-2.69%
VOO
4.61%
2.59%
10.08%
25.10%
14.79%
13.30%
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CMDT vs. VOO - Expense Ratio Comparison
CMDT has a 0.65% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
CMDT vs. VOO — Risk-Adjusted Performance Rank
CMDT
VOO
CMDT vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
CMDT's dividend yield for the trailing twelve months is around 7.83%, more than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMDT PIMCO Commodity Strategy Active Exchange-Traded Fund | 7.83% | 8.45% | 2.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
CMDT vs. VOO - Drawdown Comparison
The maximum CMDT drawdown since its inception was -56.29%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CMDT and VOO. For additional features, visit the drawdowns tool.
Volatility
CMDT vs. VOO - Volatility Comparison
PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) has a higher volatility of 35.17% compared to Vanguard S&P 500 ETF (VOO) at 3.01%. This indicates that CMDT's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.