---
ticker: "HXC"
name: "Investment Managers Series Trust III - Mast Hedgeindex Strategic Commodities ETF"
url: "https://etf.net/etf/HXC"
grade: "D"
score: 27
graded_at: "2026-10-05"
confidence: "medium"
category: "Broad Commodity Futures"
category_rank: "21 of 23"
methodology: "https://etf.net/methodology"
---

# HXC: Investment Managers Series Trust III - Mast Hedgeindex Strategic Commodities ETF

Grade **D**, Score 27 of 100. Rank 21 of 23 in Broad Commodity Futures.

Confidence medium. Graded Oct 5, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 50 | 12 of 23 |
| Mission | Not scored | — |
| Risk | 1 | 23 of 23 |
| Tradability | 18 | 21 of 23 |
| Holdings | Not scored | — |
| Durability | 1 | 23 of 23 |

## Top holdings

The fund holds 31 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | F/C Brent Crude Futr DEC26 | 16.15% |
| 2 | — | F/C Low Su Gasoil G OCT26 | 14.97% |
| 3 | — | F/C Natural Gas Futr NOV26 | 8.63% |
| 4 | — | F/C Kc Hrw Wheat Fut DEC26 | 8.36% |
| 5 | — | F/C Gold 100 Oz Futr DEC26 | 6.57% |
| 6 | — | Us T Bill Zcp 10/29/26 | 6.30% |
| 7 | — | Us T Bill Zcp 11/27/26 | 6.28% |
| 8 | — | Us T Bill Zcp 12/24/26 | 6.26% |
| 9 | — | Us T Bill Zcp 01/21/27 | 6.24% |
| 10 | — | Us T Bill Zcp 02/18/27 | 6.22% |
| 11 | — | Us T Bill Zcp 03/18/27 | 6.20% |
| 12 | — | Us T Bill Zcp 04/15/27 | 6.18% |
| 13 | — | Us T Bill Zcp 05/13/27 | 6.16% |
| 14 | — | Us T Bill Zcp 06/10/27 | 6.14% |
| 15 | — | Us T Bill Zcp 07/08/27 | 6.12% |
| 16 | — | Us T Bill Zcp 08/05/27 | 6.09% |
| 17 | — | Us T Bill Zcp 09/02/27 | 6.08% |
| 18 | — | F/C Gasoline Rbob Fut NOV26 | 4.83% |
| 19 | — | F/C Lme Zinc Future OCT26 | 3.57% |
| 20 | — | F/C Sugar #11 (World) MAR27 | 3.10% |
| 21 | — | F/C Copper Future DEC26 | 3.10% |
| 22 | — | F/C Corn Future DEC26 | 2.44% |
| 23 | — | F/C Soybean Meal Futr DEC26 | 2.31% |
| 24 | — | F/C Live Cattle Futr DEC26 | 1.68% |
| 25 | — | F/C Soybean Future NOV26 | 1.21% |
| 26 | — | F/C Cotton NO.2 Futr DEC26 | 1.12% |
| 27 | — | F/C Lme Lead Future OCT26 | 1.01% |
| 28 | — | F/C Cocoa Future DEC26 | 0.90% |
| 29 | — | F/C Soybean Oil Futr DEC26 | 0.78% |
| 30 | — | F/C Lean Hogs Future OCT26 | 0.59% |

Source: etf.net, https://etf.net/etf/HXC. Please cite the page URL.