CMDY

iShares Bloomberg Roll Select Commodity Strategy ETF

$54.44

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) seeks to provide exposure to a diversified basket of commodity futures contracts, with the goal of tracking the performance of the Bloomberg Roll Select Commodity Total Return Index.

Overview

ETF tracking iShares Bloomberg Roll Select Commodity Strategy ETF

Category Commodities

Issuer BlackRock

Inception Date 2018-04-05

Market Cap $299.4M

Average Volume N/A

Dividend Yield 3.70%

52-Week Range $46.31 - $55.11

VWAP $54.60

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

CMDY invests in a portfolio of commodity futures contracts across a range of sectors, including energy, agriculture, industrial metals, and precious metals. The fund aims to provide broad commodity exposure by rolling futures contracts in a way that seeks to minimize the negative impact of contango (when the futures price is higher than the expected future spot price).

✨ Key Features

Broad exposure to a diversified basket of commodity futures contracts
Utilizes a roll strategy to potentially mitigate the effects of contango
Tracks the Bloomberg Roll Select Commodity Total Return Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Commodity price volatility and market risk
Potential for losses due to the impact of contango or backwardation in the futures markets
Liquidity risk and the potential for wide bid-ask spreads in the futures markets
Regulatory and legal risks associated with the commodity futures market

👤 Best For

CMDY may be suitable for investors seeking broad exposure to the commodity markets as part of a diversified portfolio. Investors should have a high risk tolerance and be comfortable with the volatility and unique risks associated with commodity futures investing.