AGGH vs. CMDT ETF Comparison
Comparison of Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) to PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT)
AGGH
Simplify Aggregate Bond PLUS Credit Hedge ETF
AGGH Description
Simplify Aggregate Bond PLUS Credit Hedge ETF is an exchange traded fund launched and managed by Simplify Asset Management Inc. The fund invests in the fixed income markets of the United States. The fund invests through other funds and through derivatives such as swaps and options in the securities. It primarily invests in investment grade bonds. Simplify Aggregate Bond PLUS Credit Hedge ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$20.60
Average Daily Volume
80,198
3
CMDT
PIMCO Commodity Strategy Active Exchange-Traded Fund
CMDT Description
CMDT aims for total return in excess of a diversified commodity benchmark by actively managing both commodity exposure and the funds collateral. The fund primarily gains exposure through commodity swaps and futures but may also directly invest in commodities and use other commodity-linked derivatives. The fund adviser determines target allocations using proprietary quantitative models that incorporate multi-factors such as historic performance trends and storage costs. Positions established may be long, short, or no positions in the specific commodities suggested by the models. Weighting is at the discretion of the fund adviser. The fund also holds a short-duration of investment grade fixed-income securities to serve as collateral. CMDT obtains its exposure via a Cayman Islands subsidiary, thus avoiding a K-1 form to investors. The fund has a longer investment horizon, not short-term, tactical trading. Investments and returns may be different from the advisers other fundsGrade (RS Rating)
Last Trade
$25.85
Average Daily Volume
26,774
1
Performance
Period | AGGH | CMDT |
---|---|---|
30 Days | -4.81% | -2.16% |
60 Days | -3.03% | 2.61% |
90 Days | -3.62% | 2.93% |
12 Months | 5.50% | -1.16% |
1 Overlapping Holdings
Symbol | Grade | Weight in AGGH | Weight in CMDT | Overlap | |
---|---|---|---|---|---|
MINT | A | 6.63% | 5.02% | 5.02% |
AGGH Underweight 0 Positions Relative to CMDT
Symbol | Grade | Weight |
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AGGH: Top Represented Industries & Keywords
CMDT: Top Represented Industries & Keywords