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Launched · SEC filings

iShares Bloomberg Roll Select Commodity Strategy ETF

CMDYNYSE ArcaA

$64.87+0.23 (+0.36%)

At close: Oct 13, 2026, 4:00 PM

A72/ 100

Rank 3 of 23 in Broad Commodity Futures

A72/100Rank 3 of 23inBroad Commodity Futures
Intraday session: up, 79 prints from 64.64 to 64.87. Range 64.57 to 64.87. Use the arrow keys to read each point.64.6064.7064.7564.8010 AM12 PM2 PM4 PM
Expense ratio
0.29%
Fund size
$739M
1Y total return
+39.3%
Yield · Last 12 months
9.72%
Holdings
105
Avg volume · 30D
0.1M sh
NAV per share
$64.29
52W range
low $47.63high $66.16
Launched
Filings
SEC EDGAR

The ETF.net CMDY Grade

Based on 5 of 6 pillars

A

Score 72 out of 100

Category
Broad Commodity Futures⁠
Rank
3 of 23
Six-pillar profile for CMDY. Scores out of 100: Cost 93, Risk 53, Mission not scored, Tradability 44, Holdings 84, Durability 69. Strongest: Cost (93). Weakest: Tradability (44). Based on 5 of 6 pillars.

Score 72 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A93 out of 100
    Rank 2 of 23

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C53 out of 100
    Rank 12 of 23

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 16 of 23

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A84 out of 100
    Rank 2 of 15

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B69 out of 100
    Rank 6 of 23

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 Oct 12, 2026
Asset class
Other
Holdings
105
Top-10 weight
31%
Largest holding
Blk Csh Fnd Treasury Sl Agency5.4%

Sectors

  • Communication100.0%

Geography

  • United States90.97%
  • Canada4.39%
  • Australia1.83%
  • Singapore1.66%
  • Ireland1.15%
The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Blk Csh Fnd Treasury Sl Agency5.40%39,940,000$40M437
002—Cash Collateral USD Sgaft4.77%35,300,000$35M57
003—Treasury Bill3.38%25,000,000$25M10
004—Treasury Bill3.36%25,000,000$25M15
005—Treasury Bill3.31%24,500,000$24M18
006—Treasury Bill2.89%21,500,000$21M19
007—Treasury Bill2.03%15,000,000$15M16
008—Treasury Bill2.02%15,000,000$15M17
009—Florida Power and Light Co2.02%15,000,000$15M1
010—Treasury Bill2.01%15,000,000$15M12
011—Treasury Bill1.75%13,000,000$13M21
012—Crh America Finance Inc 144A1.62%12,000,000$12M3
013—Sheffield Receivables Corp 144A1.36%10,100,000$10M1
014—Sumitomo Corp of America1.35%10,000,000$10M2
015—Concord Minutemen Capital Co 144A1.34%9,980,000$10M1

Showing 1–15 of 105 holdings

CMDY Performance

Launched Apr 3, 2018

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

Not enough history yet.
CMDY$13,928
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. CMDY $13,928. SPY $12,044. Use the arrow keys to read each point.$9,406$12,010$14,614Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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+32.6%
1 month−1.0%
3 months+13.5%
1 year+39.3%
3 yearsper year+16.3%
5 yearsper year+10.2%
10 yearsFund is under 10 years oldper 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+32.6%
2025+15.9%
2024+5.5%
2023−9.3%
2022+14.5%
2021+26.5%
2020+1.1%

CMDY in the news

Filtered to CMDY · Broad Commodity Futures

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 Oct 12, 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.
13.0%
Annualised · 36 months to Sep 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.
0.81
vs 3-month T-bills · to Sep 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 0.70%

1 of the 22 Broad Commodity Futures funds charge less.

CMDY costs $29.00 a year on $10,000. The median Broad Commodity Futures fund costs $70.50.

Other funds in Broad Commodity Futures

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