MDAA vs. CMCI

Last updated Jun 5, 2026

MDAA (Myriad Dynamic Asset Allocation ETF) and CMCI (VanEck CMCI Commodity Strategy ETF) are both exchange-traded funds - MDAA is a Diversified Portfolio fund actively managed by Myriad, while CMCI is a Commodities fund tracking the UBS Bloomberg CMCI Composite Total Return Index. MDAA is actively managed, while CMCI is passively managed. At a 0.11 correlation, their price movements are largely independent. MDAA charges 0.97%/yr vs 0.65%/yr for CMCI.

Performance

MDAA vs. CMCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Myriad Dynamic Asset Allocation ETF (MDAA) and VanEck CMCI Commodity Strategy ETF (CMCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with MDAA having a 21.57% return and CMCI slightly higher at 21.96%.

MDAA

• 1D: -0.45%
• 1M: 5.56%
• YTD: 21.57%
• 6M: 21.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CMCI

• 1D: -0.85%
• 1M: -1.73%
• YTD: 21.96%
• 6M: 22.52%
• 1Y: 29.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MDAA vs. CMCI - Yearly Performance Comparison

	2026 (YTD)	2025
MDAA Myriad Dynamic Asset Allocation ETF	21.57%	-0.27%
CMCI VanEck CMCI Commodity Strategy ETF	21.96%	2.62%

Correlation

The correlation between MDAA and CMCI is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025	0.11

Return for Risk

MDAA vs. CMCI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CMCI

CMCI Risk / Return Rank: 80
CMCI Sharpe Ratio Rank: 77
CMCI Sortino Ratio Rank: 75
CMCI Omega Ratio Rank: 75
CMCI Calmar Ratio Rank: 91
CMCI Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MDAA vs. CMCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Myriad Dynamic Asset Allocation ETF (MDAA) and VanEck CMCI Commodity Strategy ETF (CMCI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MDAA	CMCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.42	0.91	+0.51

Drawdowns

MDAA vs. CMCI - Drawdown Comparison

The maximum MDAA drawdown since its inception was -14.59%, which is greater than CMCI's maximum drawdown of -11.54%. Use the drawdown chart below to compare losses from any high point for MDAA and CMCI.

Drawdown Indicators

	MDAA	CMCI	Difference
Max Drawdown Largest peak-to-trough decline	-14.59%	-11.54%	-3.05%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.03%	—
Current Drawdown Current decline from peak	-1.56%	-3.94%	+2.38%
Average Drawdown Average peak-to-trough decline	-2.92%	-3.54%	+0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.93%	—

Volatility

Volatility by Period

	MDAA	CMCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.82%	12.23%	+11.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.82%	12.63%	+11.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.82%	12.63%	+11.19%

MDAA vs. CMCI - Expense Ratio Comparison

MDAA has a 0.97% expense ratio, which is higher than CMCI's 0.65% expense ratio.

Dividends

MDAA vs. CMCI - Dividend Comparison

MDAA's dividend yield for the trailing twelve months is around 0.38%, less than CMCI's 8.11% yield.

Position	TTM	2025	2024	2023
CMCI VanEck CMCI Commodity Strategy ETF	8.11%	9.89%	3.93%	1.64%
MDAA Myriad Dynamic Asset Allocation ETF	0.38%	0.46%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MDAA and CMCI in my portfolio?

MDAA and CMCI have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MDAA or CMCI?

On fees, CMCI is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MDAA or CMCI?

CMCI is cheaper with a 0.65% expense ratio, compared with 0.97% for MDAA.

Which ETF pays a higher dividend yield, MDAA or CMCI?

CMCI has the higher dividend yield at 8.11%, compared with 0.38% for MDAA.

What is the main difference between MDAA and CMCI?

MDAA is categorized as Diversified Portfolio, while CMCI is Commodities. They also come from different issuers: Myriad and VanEck. Their fees differ too: 0.97% for MDAA and 0.65% for CMCI.