CMDT vs. VPC ETF Comparison
Comparison of PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) to Virtus Private Credit Strategy ETF (VPC)
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
$26.42
Average Daily Volume
21,031
1
VPC
Virtus Private Credit Strategy ETF
VPC Description
The investment seeks investment results that correspond the price and yield performance of the Indxx Private Credit Index (the "underlying index"). Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the underlying index. The underlying index is designed to track the performance of U.S.-listed, registered closed-end investment companies that have elected to be regulated as "business development companies" under the Investment Company Act of 1940, as well as U.S.-listed, non-BDC registered closed-end funds. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.17
Average Daily Volume
17,737
51
Performance
| Period | CMDT | VPC |
|---|---|---|
| 30 Days | 4.87% | 0.54% |
| 60 Days | 5.20% | 1.39% |
| 90 Days | -0.34% | -0.65% |
| 12 Months | 2.60% | 17.00% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CMDT | Weight in VPC | Overlap |
|---|
CMDT Overweight 1 Positions Relative to VPC
| Symbol | Grade | Weight | |
|---|---|---|---|
| MINT | A | 6.7% |
CMDT Underweight 51 Positions Relative to VPC
| Symbol | Grade | Weight | |
|---|---|---|---|
| OCCI | C | -4.58% | |
| TPVG | F | -2.99% | |
| ECC | A | -2.71% | |
| PSEC | C | -2.33% | |
| GSBD | D | -2.05% | |
| FSK | A | -2.02% | |
| BIGZ | A | -2.0% | |
| TCPC | F | -1.97% | |
| WHF | B | -1.92% | |
| HTGC | C | -1.76% | |
| SAR | C | -1.75% | |
| GAIN | B | -1.75% | |
| HRZN | F | -1.74% | |
| PFLT | A | -1.71% | |
| PNNT | B | -1.68% | |
| SCM | B | -1.67% | |
| VVR | D | -1.67% | |
| SLRC | D | -1.64% | |
| NMFC | F | -1.63% | |
| FDUS | C | -1.6% | |
| FCT | A | -1.58% | |
| CCAP | C | -1.57% | |
| JFR | A | -1.55% | |
| KIO | B | -1.55% | |
| JQC | C | -1.55% | |
| BCSF | B | -1.53% | |
| PHD | B | -1.52% | |
| BBDC | D | -1.52% | |
| GBDC | B | -1.5% | |
| CGBD | B | -1.48% | |
| CION | D | -1.47% | |
| TSLX | D | -1.47% | |
| EFR | D | -1.46% | |
| EVF | B | -1.44% | |
| CSWC | C | -1.44% | |
| DSU | A | -1.43% | |
| FRA | A | -1.42% | |
| EFT | D | -1.4% | |
| ARCC | A | -1.39% | |
| BGT | C | -1.38% | |
| BGX | D | -1.37% | |
| BLW | A | -1.36% | |
| ARDC | A | -1.33% | |
| BXSL | C | -1.3% | |
| BSL | C | -1.23% | |
| MAIN | B | -1.05% | |
| MRCC | B | -0.99% | |
| OFS | D | -0.98% | |
| PTMN | D | -0.95% | |
| MPV | A | -0.95% | |
| OXSQ | D | -0.91% |
CMDT: Top Represented Industries & Keywords
VPC: Top Represented Industries & Keywords
Compare ETFs
