COMT vs. CMDY
Compare and contrast key facts about iShares Commodities Select Strategy ETF (COMT) and iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY).
COMT and CMDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COMT is an actively managed fund by iShares. It was launched on Oct 15, 2014. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COMT or CMDY.
Correlation
The correlation between COMT and CMDY is 0.28, 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
COMT vs. CMDY - Performance Comparison
Key characteristics
COMT:
-0.27
CMDY:
0.38
COMT:
-0.27
CMDY:
0.62
COMT:
0.97
CMDY:
1.08
COMT:
-0.17
CMDY:
0.20
COMT:
-0.85
CMDY:
1.02
COMT:
5.27%
CMDY:
4.89%
COMT:
16.34%
CMDY:
13.13%
COMT:
-51.89%
CMDY:
-31.20%
COMT:
-21.30%
CMDY:
-15.66%
Returns By Period
In the year-to-date period, COMT achieves a -0.63% return, which is significantly lower than CMDY's 5.28% return.
COMT
-0.63%
-4.01%
-0.43%
-5.09%
14.65%
2.62%
CMDY
5.28%
-2.45%
4.42%
4.79%
13.01%
N/A
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COMT vs. CMDY - Expense Ratio Comparison
COMT has a 0.48% expense ratio, which is higher than CMDY's 0.28% expense ratio.
Risk-Adjusted Performance
COMT vs. CMDY — Risk-Adjusted Performance Rank
COMT
CMDY
COMT vs. CMDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Commodities Select Strategy ETF (COMT) and iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY). 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
COMT vs. CMDY - Dividend Comparison
COMT's dividend yield for the trailing twelve months is around 4.93%, more than CMDY's 4.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMT iShares Commodities Select Strategy ETF | 4.93% | 4.90% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% | 0.56% |
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF | 4.01% | 4.23% | 5.09% | 3.98% | 16.09% | 0.14% | 2.21% | 1.73% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
COMT vs. CMDY - Drawdown Comparison
The maximum COMT drawdown since its inception was -51.89%, which is greater than CMDY's maximum drawdown of -31.20%. Use the drawdown chart below to compare losses from any high point for COMT and CMDY. For additional features, visit the drawdowns tool.
Volatility
COMT vs. CMDY - Volatility Comparison
iShares Commodities Select Strategy ETF (COMT) has a higher volatility of 8.61% compared to iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) at 7.27%. This indicates that COMT's price experiences larger fluctuations and is considered to be riskier than CMDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.