CMDT vs. HYRM ETF Comparison
Comparison of PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) to Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM)
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
$25.85
Average Daily Volume
26,774
1
HYRM
Xtrackers Risk Managed USD High Yield Strategy ETF
HYRM Description
Xtrackers Risk Managed USD High Yield Strategy ETF is an exchange traded fund launched and managed by DBX Advisors LLC. It invests in fixed income markets of the United States. The fund invests directly and through other funds in US dollar-denominated high yield corporate bond that are rated BB+ or lower by S&P and Fitch and Ba1 or lower by Moody. It invests in fixed income securities with maturity between 1-15 years. It seeks to track the performance of the Adaptive Wealth Strategies Risk Managed High Yield Index, by using representative sampling technique. Xtrackers Risk Managed USD High Yield Strategy ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$23.54
Average Daily Volume
2,343
2
Performance
| Period | CMDT | HYRM |
|---|---|---|
| 30 Days | -2.16% | -0.95% |
| 60 Days | 2.61% | 0.76% |
| 90 Days | 2.93% | 2.80% |
| 12 Months | -1.16% | 12.20% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CMDT | Weight in HYRM | Overlap |
|---|
CMDT Overweight 1 Positions Relative to HYRM
| Symbol | Grade | Weight | |
|---|---|---|---|
| MINT | A | 5.02% |
CMDT: Top Represented Industries & Keywords
HYRM: Top Represented Industries & Keywords
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