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CMDY

GradeANew York Stock Exchange Arca

iShares Bloomberg Roll Select Commodity Strategy ETF

Commodities · IShares · Inception 2018-04-02 · SEC filings

$64.78+0.10 (+0.16%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: up, 59 prints from 64.67 to 64.78. Range 64.53 to 64.88. Use the arrow keys to read each point.$64.50$64.60$64.70$64.9010 AM12 PM2 PM4 PM
Expense ratio
0.29%
Fund size
$711M
1Y return
+41.3%
Yield · Last 12 months
9.72%
Holdings
56
Volume · 30D
0.1M sh
NAV per share
$64.59
52W range
low $47.63high $66.16

The ETF.net CMDY Grade

A

70/ 100

Rank 4 of 23 in Broad Commodity Futures⁠

Confidence Medium

Six-pillar profile for CMDY. Scores out of 100: Cost 93, Risk 53, Mission not scored, Tradability 40, Holdings 76, Durability 65. Strongest: Cost (93). Weakest: Tradability (40). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 70 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 93
    Category rank3/23 · top 13%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 53
    Category rank13/23 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 40
    Category rank17/23 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 76
    Category rank3/15 · top 20%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 65
    Category rank6/23 · top 26%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on CMDY

ETF.net Research

ACommodities without the worst of the futures math. CMDY tracks the Roll Select version of the Bloomberg commodity index, where contract choice is written into the rules to ease rolling costs, and charges 0.29% to do it.

Stated mandate

The fund seeks to track an index representing a broad range of commodity exposures, using enhanced roll selection on a total-return basis.

Why people hold it

  1. 01The name is the strategy. Enhanced roll selection is baked into the index it tracks, so which futures contract to hold is a rule, not an afterthought.
  2. 020.29% a year sits in the low-fee tier of broad commodity funds, next to BCI, CERY and BCD, and well under what the category typically charges.
  3. 03One ticker, a broad basket of roughly 60 futures positions, run on a total-return basis that counts collateral income alongside commodity price moves.
  4. 04Live since 2018 under the iShares roof, and one of the stronger implementations in its broad-basket commodity peer group.

Worth knowing

  1. 01Moderately traded rather than a volume monster. Spreads can run wider than the mega-cap index funds, which shows up most on large or hurried orders.
  2. 02It is structured as a commodity pool, not a plain stock fund, so the tax paperwork and reporting work differently. Check the details before filing season.
  3. 03Distributions land annually or semiannually, not monthly, and the roll rule addresses futures mechanics only. Commodity prices still swing hard on their own.

CMDY Holdings

As of Sep 22, 2026, 4:13 AM
Asset class
Other
Holdings
56
Top-10 weight
38%
Largest holding
TREASURY BILL6.1%

Sectors

  • Communication100.0%

Geography

  • United States91.38%
  • Canada4.09%
  • Australia1.89%
  • Singapore1.71%
  • Ireland0.93%
The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—TREASURY BILL6.06%43,500,000$43M17
002—TREASURY BILL4.74%34,000,000$34M19
003—CASH COLLATERAL USD SGAFT4.70%33,651,000$34M58
004—TREASURY BILL4.46%32,000,000$32M25
005—BLK CSH FND TREASURY SL AGENCY4.13%29,590,000$30M440
006—TREASURY BILL3.48%25,000,000$25M16
007—TREASURY BILL3.41%24,500,000$24M21
008—TREASURY BILL2.93%21,000,000$21M16
009—TREASURY BILL2.09%15,000,000$15M19
010—FIDELITY NATL INFO SERV 144A1.82%13,100,000$13M2
011—TREASURY BILL1.73%12,500,000$12M13
012—TREASURY BILL1.67%12,000,000$12M14
013—CRH AMERICA FINANCE INC 144A1.66%12,000,000$12M3
014—COMPO FUNDING CO LLC 144A1.45%10,400,000$10M2
015—SHEFFIELD RECEIVABLES CORP 144A1.40%10,100,000$10M1

Showing 1–15 of 94 holdings

CMDY Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

CMDY$14,128
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. CMDY $14,128. SPY $11,723. Use the arrow keys to read each point.$9,137$11,992$14,847Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CMDY. Periods over one year show the average yearly return.
PeriodCMDY
Year to date+32.7%
1 month+2.9%
3 months+14.5%
1 year+41.3%
3 years+15.3%per year
5 years+11.4%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CMDY
YearReturn barCMDY
2026 YTD+32.7%
2025+15.9%
2024+5.5%
2023−9.3%
2022+14.5%
2021+26.5%
2020+1.1%

CMDY in the news

ETF.net Research hasn’t filed on CMDY yet — coverage lands here as it’s written.

CMDY Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
9.72%Last 12 months
Payout per share
$6.29Last 12 months
Last payment
$6.29 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2018–2026

One bar per payment. 8 payments from 2018 to 2026 YTD. Dec 18, 2018 $0.76; Dec 16, 2019 $1.00; Dec 14, 2020 $0.07; Dec 13, 2021 $7.96; Dec 13, 2022 $2.17; Dec 20, 2023 $2.40; Dec 17, 2024 $2.01; Dec 16, 2025 $6.29. Use the arrow keys to read each point.201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 16, 2025Dec 19, 2025$6.29
Dec 17, 2024Dec 20, 2024$2.01
Dec 20, 2023Dec 27, 2023$2.40
Dec 13, 2022Dec 19, 2022$2.17
Dec 13, 2021Dec 17, 2021$7.96
Dec 14, 2020Dec 18, 2020$0.07
Dec 16, 2019Dec 20, 2019$1.00
Dec 18, 2018Dec 24, 2018$0.76

CMDY Risk

How much the fund’s monthly returns vary, scaled to a year.
13.1%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.77
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−26.6%
Trough Feb 2024
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.90
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CMDY Cost

Expense ratio0.29%
  • The middle half of Broad Commodity Futures funds
  • Median 0.72%

1 of the 21 Broad Commodity Futures funds charge less.

CMDY costs $29.00 a year on $10,000. The median Broad Commodity Futures fund costs $72.00.