MIG vs. COMT
MIG (VanEck Moody's Analytics IG Corporate Bond ETF) and COMT (iShares Commodities Select Strategy ETF) are both exchange-traded funds - MIG is a Corporate Bonds fund tracking the MVIS Moody's Analytics US Investment Grade Corporate Bond Index (TR Gross) (MVCI), while COMT is a Commodities fund actively managed by iShares. MIG is passively managed, while COMT is actively managed. Over the past 5 years, MIG returned 0.97%/yr vs 13.50%/yr for COMT. At a correlation of -0.08, they often move in opposite directions. MIG charges 0.20%/yr vs 0.48%/yr for COMT.
Performance
MIG vs. COMT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MIG achieves a 0.39% return, which is significantly lower than COMT's 39.67% return.
MIG
- 1D
- -0.19%
- 1M
- 0.41%
- YTD
- 0.39%
- 6M
- -0.01%
- 1Y
- 5.37%
- 3Y*
- 5.64%
- 5Y*
- 0.97%
- 10Y*
- —
COMT
- 1D
- 0.78%
- 1M
- -4.35%
- YTD
- 39.67%
- 6M
- 39.06%
- 1Y
- 47.51%
- 3Y*
- 16.86%
- 5Y*
- 13.50%
- 10Y*
- 9.09%
MIG vs. COMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MIG VanEck Moody's Analytics IG Corporate Bond ETF | 0.39% | 7.34% | 3.38% | 8.88% | -14.51% | -0.02% | 1.26% |
COMT iShares Commodities Select Strategy ETF | 39.67% | 6.07% | 5.96% | -6.56% | 19.45% | 36.88% | 4.14% |
Correlation
The correlation between MIG and COMT is -0.36, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.09 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2020 | -0.08 |
Over the past year, the inverse relationship between MIG and COMT has strengthened: their correlation has moved from -0.08 to -0.36, meaning they now move in opposite directions more often than their long-term average.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MIG vs. COMT — Risk / Return Rank
MIG
COMT
MIG vs. COMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Moody's Analytics IG Corporate Bond ETF (MIG) and iShares Commodities Select Strategy ETF (COMT). 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.
| MIG | COMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.40 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 5.95 | -4.05 |
| Martin ratioReturn relative to average drawdown | 5.24 | 14.11 | -8.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MIG | COMT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.27 | 2.24 | -0.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.64 | -0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.48 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.20 | -0.06 |
Drawdowns
MIG vs. COMT - Drawdown Comparison
The maximum MIG drawdown since its inception was -20.98%, smaller than the maximum COMT drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for MIG and COMT.
Loading charts...
Drawdown Indicators
| MIG | COMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.98% | -51.89% | +30.91% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -8.02% | +5.19% |
Max Drawdown (3Y)Largest decline over 3 years | -5.61% | -13.31% | +7.70% |
Max Drawdown (5Y)Largest decline over 5 years | -20.98% | -29.00% | +8.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.22% | — |
Current DrawdownCurrent decline from peak | -1.24% | -4.82% | +3.58% |
Average DrawdownAverage peak-to-trough decline | -6.81% | -24.07% | +17.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 3.38% | -2.35% |
Volatility
MIG vs. COMT - Volatility Comparison
The current volatility for VanEck Moody's Analytics IG Corporate Bond ETF (MIG) is 1.47%, while iShares Commodities Select Strategy ETF (COMT) has a volatility of 7.37%. This indicates that MIG experiences smaller price fluctuations and is considered to be less risky than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MIG | COMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.47% | 7.37% | -5.90% |
Volatility (6M)Calculated over the trailing 6-month period | 3.13% | 18.80% | -15.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.26% | 21.29% | -17.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.35% | 21.06% | -14.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.22% | 18.89% | -12.67% |
MIG vs. COMT - Expense Ratio Comparison
MIG has a 0.20% expense ratio, which is lower than COMT's 0.48% expense ratio.
Dividends
MIG vs. COMT - Dividend Comparison
MIG's dividend yield for the trailing twelve months is around 4.78%, less than COMT's 5.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMT iShares Commodities Select Strategy ETF | 5.54% | 7.74% | 4.90% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% |
MIG VanEck Moody's Analytics IG Corporate Bond ETF | 4.78% | 4.81% | 4.68% | 4.38% | 3.06% | 2.15% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MIG and COMT have a correlation of -0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COMT has higher volatility (7.37%) compared to MIG (1.47%). In terms of maximum drawdown, MIG dropped -20.98% vs COMT's -51.89%.
On 5-year performance, COMT leads with 13.50% vs 0.97% for MIG. On fees, MIG is cheaper at 0.20% per year. On volatility, MIG has been the lower-risk option at 1.47%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, COMT has performed better with a 13.50% return vs 0.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MIG is cheaper with a 0.20% expense ratio, compared with 0.48% for COMT.
COMT has the higher dividend yield at 5.54%, compared with 4.78% for MIG.
MIG is categorized as Corporate Bonds, while COMT is Commodities. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.20% for MIG and 0.48% for COMT.
COMT currently has the higher Sharpe Ratio (2.24 vs 1.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MIG and COMT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer