CMCI

VanEck CMCI Commodity Strategy ETF

$25.98

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The VanEck CMCI Commodity Strategy ETF (CMCI) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the UBS Bloomberg CMCI Index. The index aims to provide broad-based exposure to the commodities market.

Overview

ETF tracking VanEck CMCI Commodity Strategy ETF

Category Commodities

Issuer VanEck

Inception Date 2023-08-23

Market Cap $2.6M

Average Volume N/A

Dividend Yield 3.70%

52-Week Range $23.29 - $26.27

VWAP $25.99

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

CMCI invests in a diversified portfolio of commodity futures contracts across a range of sectors including energy, agriculture, industrial metals, and precious metals. The fund uses a rules-based strategy to maintain exposure to the commodities market while managing the risks associated with futures contracts.

✨ Key Features

Broad exposure to the commodities market through a diversified portfolio of futures contracts
Utilizes a rules-based strategy to manage the risks of commodity futures investing
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Commodity price volatility and market risk
Risks associated with futures contracts, including contango and backwardation
Lack of diversification outside of the commodities sector
Limited performance history and track record

👤 Best For

CMCI may be suitable for investors seeking broad exposure to the commodities market as part of a diversified portfolio. However, due to the fund's limited performance history, it may be more appropriate for experienced investors with a higher risk tolerance and a long-term investment horizon.