CMDT vs. EWJV ETF Comparison

Comparison of PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) to iShares MSCI Japan Value ETF (EWJV)

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

$26.66

Average Daily Volume

21,645

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EWJV

iShares MSCI Japan Value ETF

EWJV Description

The investment seeks to track the investment results of the MSCI Japan Value Index (USD). The index is a free float weighted index consisting of large- and mid- capitalization Japanese securities exhibiting overall value style characteristics. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.36

Average Daily Volume

79,595

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CMDT	EWJV
30 Days	7.95%	1.65%
60 Days	6.77%	12.70%
90 Days	0.44%	2.65%
12 Months	6.07%	24.64%

0 Overlapping Holdings

	Symbol	Grade	Weight in CMDT	Weight in EWJV	Overlap

CMDT Overweight 1 Positions Relative to EWJV

	Symbol	Grade	Weight
	MINT	A	6.7%

CMDT Underweight 5 Positions Relative to EWJV

Symbol	Grade	Weight
MUFG	D	-6.35%
SMFG	D	-4.42%
TM	D	-4.01%
MFG	B	-2.68%
HMC	D	-2.55%

CMDT: Top Represented Industries & Keywords

Industries:

Keywords: Asset And Liability Management Bond Bond Fund Bond Market Debt Securities ETF Exchange Traded Fund Fixed Income Interest Rate PIMCO

EWJV: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Banks - Regional - Asia