CMDY Stock Fund Price and Chart — AMEX:CMDY

Overview

Analysis Holdings Discussions Technicals Seasonals Options

CMDY chart

Key stats

About iShares Bloomberg Roll Select Commodity Strategy ETF

CMDYs underlying index tracks futures contracts on 20 different commodities, covering the agriculture, energy, and metals sectors. Index components are weighted by a combination of production and liquidity. In addition, the index selects contract tenors with the least amount of contango or the greatest degree of backwardation. This feature should aid CMDYs performance over longer holding periods, but also means that it may not be very sensitive to short-term changes in commodity prices. CMDY gets its exposure by holding futures contracts on the index via a Cayman Islands subsidiary A common structure in the commodity space that allows investors to avoid the complex tax rules that apply to commodity pools. The Index is rebalanced annually each January. Prior to March 1, 2021, CMDY was an actively-managed fund but seeks maximum correlation to the index.

Classification

CMDY analysis

What's in the fund

Exposure type

Cash

Bonds, Cash & Other100.00%

Cash96.08%

Corporate3.92%

Top 10 holdings

Technicals

Summarizing what the indicators are suggesting.

Oscillators

Neutral

SellBuy

Strong sellStrong buy