COMT vs. COM
Compare and contrast key facts about iShares Commodities Select Strategy ETF (COMT) and Direxion Auspice Broad Commodity Strategy ETF (COM).
COMT and COM 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. COM is a passively managed fund by Direxion that tracks the performance of the Auspice Broad Commodity ER Index. It was launched on Mar 30, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COMT or COM.
Key characteristics
| COMT | COM | |
|---|---|---|
| YTD Return | 7.30% | 4.90% |
| 1Y Return | 11.80% | -3.92% |
| 3Y Return (Ann) | 9.93% | 6.51% |
| 5Y Return (Ann) | 6.57% | 9.01% |
| Sharpe Ratio | 0.82 | -0.47 |
| Daily Std Dev | 14.98% | 7.15% |
| Max Drawdown | -51.89% | -15.95% |
| Current Drawdown | -19.80% | -8.63% |
Correlation
The correlation between COMT and COM is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
COMT vs. COM - Performance Comparison
In the year-to-date period, COMT achieves a 7.30% return, which is significantly higher than COM's 4.90% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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COMT vs. COM - Expense Ratio Comparison
COMT has a 0.48% expense ratio, which is lower than COM's 0.70% expense ratio.
Risk-Adjusted Performance
COMT vs. COM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Commodities Select Strategy ETF (COMT) and Direxion Auspice Broad Commodity Strategy ETF (COM). 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. COM - Dividend Comparison
COMT's dividend yield for the trailing twelve months is around 4.84%, more than COM's 4.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
COMT iShares Commodities Select Strategy ETF | 4.84% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.43% | 0.55% |
COM Direxion Auspice Broad Commodity Strategy ETF | 4.64% | 3.80% | 8.59% | 10.32% | 0.13% | 1.09% | 2.36% | 0.09% | 0.00% | 0.00% | 0.00% |
Drawdowns
COMT vs. COM - Drawdown Comparison
The maximum COMT drawdown since its inception was -51.89%, which is greater than COM's maximum drawdown of -15.95%. Use the drawdown chart below to compare losses from any high point for COMT and COM. For additional features, visit the drawdowns tool.
Volatility
COMT vs. COM - Volatility Comparison
iShares Commodities Select Strategy ETF (COMT) has a higher volatility of 3.04% compared to Direxion Auspice Broad Commodity Strategy ETF (COM) at 2.51%. This indicates that COMT's price experiences larger fluctuations and is considered to be riskier than COM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.