VUSI vs. CMDT

Last updated Jun 4, 2026

VUSI (Voya Ultra Short Income ETF) and CMDT (PIMCO Commodity Strategy Active Exchange-Traded Fund) are both exchange-traded funds - VUSI is a Ultrashort Bond fund actively managed by Voya, while CMDT is a Commodities fund tracking the Bloomberg Roll Select Commodity Total Return Index. VUSI is actively managed, while CMDT is passively managed. At a correlation of -0.31, they often move in opposite directions. VUSI charges 0.25%/yr vs 0.65%/yr for CMDT.

Performance

VUSI vs. CMDT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Ultra Short Income ETF (VUSI) and PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VUSI achieves a -0.28% return, which is significantly lower than CMDT's 23.96% return.

VUSI

• 1D: -0.04%
• 1M: -0.34%
• YTD: -0.28%
• 6M: 0.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CMDT

• 1D: -0.03%
• 1M: -0.63%
• YTD: 23.96%
• 6M: 24.09%
• 1Y: 35.85%
• 3Y*: 16.90%
• 5Y*: —
• 10Y*: —

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

VUSI vs. CMDT - Yearly Performance Comparison

	2026 (YTD)	2025
VUSI Voya Ultra Short Income ETF	-0.28%	0.68%
CMDT PIMCO Commodity Strategy Active Exchange-Traded Fund	23.96%	1.90%

Correlation

The correlation between VUSI and CMDT is -0.31, 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 (All Time) Calculated using the full available price history since Nov 20, 2025	-0.31

Return for Risk

VUSI vs. CMDT — Risk / Return Rank

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

CMDT

CMDT Risk / Return Rank: 88
CMDT Sharpe Ratio Rank: 87
CMDT Sortino Ratio Rank: 86
CMDT Omega Ratio Rank: 83
CMDT Calmar Ratio Rank: 95
CMDT Martin Ratio Rank: 91

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.

VUSI vs. CMDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Ultra Short Income ETF (VUSI) and PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT). 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

	VUSI	CMDT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.92	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	1.32	-0.79

Drawdowns

VUSI vs. CMDT - Drawdown Comparison

The maximum VUSI drawdown since its inception was -0.86%, smaller than the maximum CMDT drawdown of -9.69%. Use the drawdown chart below to compare losses from any high point for VUSI and CMDT.

Drawdown Indicators

	VUSI	CMDT	Difference
Max Drawdown Largest peak-to-trough decline	-0.86%	-9.69%	+8.83%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.49%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.69%	—
Current Drawdown Current decline from peak	-0.69%	-2.86%	+2.17%
Average Drawdown Average peak-to-trough decline	-0.27%	-2.69%	+2.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.63%	—

Volatility

Volatility by Period

	VUSI	CMDT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.30%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.40%	12.35%	-10.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.40%	12.21%	-10.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.40%	12.21%	-10.81%

VUSI vs. CMDT - Expense Ratio Comparison

VUSI has a 0.25% expense ratio, which is lower than CMDT's 0.65% expense ratio.

Dividends

VUSI vs. CMDT - Dividend Comparison

VUSI's dividend yield for the trailing twelve months is around 0.50%, less than CMDT's 2.44% yield.

Position	TTM	2025	2024	2023
CMDT PIMCO Commodity Strategy Active Exchange-Traded Fund	2.44%	3.04%	8.80%	2.71%
VUSI Voya Ultra Short Income ETF	0.50%	0.49%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VUSI and CMDT in my portfolio?

VUSI and CMDT have a correlation of -0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VUSI or CMDT?

On fees, VUSI is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VUSI or CMDT?

VUSI is cheaper with a 0.25% expense ratio, compared with 0.65% for CMDT.

Which ETF pays a higher dividend yield, VUSI or CMDT?

CMDT has the higher dividend yield at 2.44%, compared with 0.50% for VUSI.

What is the main difference between VUSI and CMDT?

VUSI is categorized as Ultrashort Bond, while CMDT is Commodities. They also come from different issuers: Voya and PIMCO. Their fees differ too: 0.25% for VUSI and 0.65% for CMDT.