CMDY vs. AVUV
Compare and contrast key facts about iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) and Avantis U.S. Small Cap Value ETF (AVUV).
CMDY and AVUV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CMDY is a passively managed fund by iShares that tracks the performance of the Bloomberg Roll Select Commodity Total Return Index. It was launched on Apr 3, 2018. AVUV is an actively managed fund by American Century Investments. It was launched on Sep 24, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMDY or AVUV.
Performance
CMDY vs. AVUV - Performance Comparison
Returns By Period
In the year-to-date period, CMDY achieves a 2.27% return, which is significantly lower than AVUV's 13.95% return.
CMDY
2.27%
-2.14%
-6.21%
-0.06%
7.20%
N/A
AVUV
13.95%
2.94%
9.13%
28.29%
16.09%
N/A
Key characteristics
| CMDY | AVUV | |
|---|---|---|
| Sharpe Ratio | -0.11 | 1.33 |
| Sortino Ratio | -0.08 | 2.03 |
| Omega Ratio | 0.99 | 1.25 |
| Calmar Ratio | -0.05 | 2.58 |
| Martin Ratio | -0.25 | 6.80 |
| Ulcer Index | 4.81% | 4.17% |
| Daily Std Dev | 11.14% | 21.24% |
| Max Drawdown | -31.20% | -49.42% |
| Current Drawdown | -22.29% | -3.60% |
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CMDY vs. AVUV - Expense Ratio Comparison
CMDY has a 0.28% expense ratio, which is higher than AVUV's 0.25% expense ratio.
Correlation
The correlation between CMDY and AVUV is 0.36, 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.
Risk-Adjusted Performance
CMDY vs. AVUV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) and Avantis U.S. Small Cap Value ETF (AVUV). 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
CMDY vs. AVUV - Dividend Comparison
CMDY's dividend yield for the trailing twelve months is around 4.98%, more than AVUV's 1.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF | 4.98% | 5.09% | 3.98% | 16.09% | 0.14% | 2.21% | 1.73% |
AVUV Avantis U.S. Small Cap Value ETF | 1.54% | 1.65% | 1.74% | 1.28% | 1.21% | 0.38% | 0.00% |
Drawdowns
CMDY vs. AVUV - Drawdown Comparison
The maximum CMDY drawdown since its inception was -31.20%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for CMDY and AVUV. For additional features, visit the drawdowns tool.
Volatility
CMDY vs. AVUV - Volatility Comparison
The current volatility for iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) is 3.63%, while Avantis U.S. Small Cap Value ETF (AVUV) has a volatility of 8.76%. This indicates that CMDY experiences smaller price fluctuations and is considered to be less risky than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.