PIT vs. MTDR
PIT (VanEck Commodity Strategy ETF) is Commodities fund actively managed by VanEck, while MTDR (Matador Resources Company) is a stock. Over the past 3 years, PIT returned 19.64%/yr vs -1.84%/yr for MTDR. Their 0.58 correlation means they have sometimes moved together and sometimes differently.
Performance
PIT vs. MTDR - Performance Comparison
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Returns By Period
In the year-to-date period, PIT achieves a 39.56% return, which is significantly higher than MTDR's 19.25% return.
PIT
- 1D
- -0.05%
- 1M
- 12.38%
- 6M
- 25.04%
- YTD
- 39.56%
- 1Y
- 54.64%
- 3Y*
- 19.64%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.95%
MTDR
- 1D
- 3.27%
- 1M
- 1.73%
- 6M
- 11.87%
- YTD
- 19.25%
- 1Y
- 3.12%
- 3Y*
- -1.84%
- 5Y*
- 11.77%
- 10Y*
- 10.83%
- ALL TIME*
- 11.10%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $116.12M | $98.02M | $97.95M | |
| $1.38M | $2.80M | $3.76M |
PIT vs. MTDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PIT VanEck Commodity Strategy ETF | 39.56% | 21.63% | 6.77% | -4.54% | 1.67% |
MTDR Matador Resources Company | 19.25% | -22.31% | 0.37% | 0.57% | -0.19% |
Correlation
The correlation between PIT and MTDR is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.57 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 2022 | 0.58 |
The correlation between PIT and MTDR has been stable across timeframes, ranging from 0.56 to 0.58 - a consistent structural relationship.
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Return for Risk
PIT vs. MTDR — Risk / Return Rank
PIT
MTDR
PIT vs. MTDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Commodity Strategy ETF (PIT) and Matador Resources Company (MTDR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PIT | MTDR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.39 | ||
| Sortino ratioReturn per unit of downside risk | +2.69 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.05 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 0.11 | +3.08 |
| Martin ratioReturn relative to average drawdown | 10.87 | 0.22 | +10.65 |
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Drawdowns
PIT vs. MTDR - Drawdown Comparison
The maximum PIT drawdown since its inception was -17.20%, smaller than the maximum MTDR drawdown of -96.50%. Use the drawdown chart below to compare losses from any high point for PIT and MTDR.
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Drawdown Indicators
| PIT | MTDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.20% | -96.50% | +79.30% |
Max Drawdown (1Y)Largest decline over 1 year | -17.20% | -29.06% | +11.86% |
Max Drawdown (3Y)Largest decline over 3 years | -17.20% | -46.83% | +29.63% |
Max Drawdown (5Y)Largest decline over 5 years | — | -48.29% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -96.50% | — |
Current DrawdownCurrent decline from peak | -5.78% | -26.94% | +21.16% |
Average DrawdownAverage peak-to-trough decline | -4.27% | -25.07% | +20.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.05% | 14.24% | -9.19% |
Volatility
PIT vs. MTDR - Volatility Comparison
The current volatility for VanEck Commodity Strategy ETF (PIT) is 6.47%, while Matador Resources Company (MTDR) has a volatility of 14.32%. This indicates that PIT experiences smaller price fluctuations and is considered to be less risky than MTDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PIT | MTDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.47% | 14.32% | -7.85% |
Volatility (6M)Calculated over the trailing 6-month period | 19.93% | 31.69% | -11.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.30% | 41.65% | -19.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.70% | 46.85% | -29.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.70% | 64.89% | -47.19% |
Dividends
PIT vs. MTDR - Dividend Comparison
PIT's dividend yield for the trailing twelve months is around 6.39%, more than MTDR's 2.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MTDR Matador Resources Company | 2.88% | 3.09% | 1.51% | 1.14% | 0.52% | 0.34% |
PIT VanEck Commodity Strategy ETF | 6.39% | 8.92% | 3.59% | 6.44% | 0.00% | 0.00% |
Frequently Asked Questions
PIT and MTDR have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTDR has higher volatility (14.32%) compared to PIT (6.47%). In terms of maximum drawdown, PIT dropped -17.20% vs MTDR's -96.50%.
PIT currently has the higher Sharpe Ratio (2.47 vs 0.08), 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.
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