Key stats
About iShares Bloomberg Roll Select Commodity Strategy ETF
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Inception date
Apr 3, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
CMDYs underlying index tracks futures contracts on 20 different commodities, covering the agriculture, energy, and metals sectors. Index components are weighted by a combination of production and liquidity. In addition, the index selects contract tenors with the least amount of contango or the greatest degree of backwardation. This feature should aid CMDYs performance over longer holding periods, but also means that it may not be very sensitive to short-term changes in commodity prices. CMDY gets its exposure by holding futures contracts on the index via a Cayman Islands subsidiary A common structure in the commodity space that allows investors to avoid the complex tax rules that apply to commodity pools. The Index is rebalanced annually each January. Prior to March 1, 2021, CMDY was an actively-managed fund but seeks maximum correlation to the index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CMDY last dividends amounted to 2.01 USD. The year before, the issuer paid 2.40 USD in dividends, which shows a 19.19% decrease.
CMDY assets under management is 259.81 M USD. It's risen 1.69% over the last month.
CMDY fund flows account for 22.14 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, CMDY pays dividends to its holders with the dividend yield of 3.97%. The last dividend (Dec 20, 2024) amounted to 2.01 USD. The dividends are paid annually.
CMDY shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Apr 3, 2018, and its management style is Passive.
CMDY expense ratio is 0.28% meaning you'd have to pay 0.28% of your investment to help manage the fund.
CMDY follows the Bloomberg Roll Select Commodity Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CMDY invests in cash.
CMDY price has risen by 1.92% over the last month, and its yearly performance shows a 1.72% increase. See more dynamics on CMDY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.31% over the last month, showed a −0.24% decrease in three-month performance and has increased by 7.01% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.31% over the last month, showed a −0.24% decrease in three-month performance and has increased by 7.01% in a year.
CMDY trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.