CMDT vs. BOND ETF Comparison
Comparison of PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) to PIMCO Total Return Exchange-Traded Fund (BOND)
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 funds
Grade (RS Rating)
Last Trade
$26.01
Average Daily Volume
48,669
1
BOND
PIMCO Total Return Exchange-Traded Fund
BOND Description
The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund normally invests at least 65% of its total assets in a diversified portfolio of Fixed Income Instruments of varying maturities. "Fixed Income Instruments" include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. It invests primarily in investment-grade debt securities, but may invest up to 10% of its total assets in high yield securities ("junk bonds") rated B or higher.Grade (RS Rating)
Last Trade
$91.38
Average Daily Volume
294,569
3
Performance
| Period | CMDT | BOND |
|---|---|---|
| 30 Days | -1.54% | -0.69% |
| 60 Days | 1.31% | -2.83% |
| 90 Days | 2.97% | -1.83% |
| 12 Months | 1.01% | 7.33% |
1 Overlapping Holdings
| Symbol | Grade | Weight in CMDT | Weight in BOND | Overlap | |
|---|---|---|---|---|---|
| MINT | A | 5.04% | 0.5% | 0.5% |
CMDT Overweight 0 Positions Relative to BOND
| Symbol | Grade | Weight |
|---|
CMDT: Top Represented Industries & Keywords
BOND: Top Represented Industries & Keywords
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