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CMDY vs DCMT

iShares Bloomberg Roll Select Commodity Strategy ETF

CMDYBNYSE Arca

DoubleLine Commodity Strategy ETF

DCMTCNYSE Arca

Overlap

Expense ratio

CMDY −0.37pt a year

CMDY0.29%DCMT0.66%

Avg volume · 30D

CMDY 7.9×the volume

CMDY90.3KDCMT11.5K

CMDY vs DCMT Performance

Nov 7, 2025 – Nov 9, 2026

+26.2%CMDY+36.7%DCMT

Nov 7, 2025 to Nov 9, 2026. CMDY +26.2%. DCMT +36.7%. Use the arrow keys to read each point.0%10%20%50%Nov 2025May 2026Nov 2026
Expense ratio
CMDY 0.29%, better
DCMT 0.66%
Fund size
CMDY $713M
DCMT $48M
1Y total return
CMDY +26.2%
DCMT +36.7%, better
Yield (12M)
CMDY 10.47%, better
DCMT 2.69%
Holdings
CMDY 99
DCMT 11
Avg volume (30D)
CMDY 90.3K sh, better
DCMT 11.5K sh
NAV per share
CMDY $60.42
DCMT $36.27
52W range

ETF.net Grade

CMDY: Cost 84, Risk 54, Mission not scored, Tradability 50, Holdings 83, Durability 68. DCMT: Cost 55, Risk 42, Mission not scored, Tradability 28, Holdings not scored, Durability 26.
Pillar letters and Scores for CMDY, DCMT, with each pillar’s weight
PillarCMDYDCMT
Cost30% weightA84HigherB55
Mission25% weightNot scoredNot scored
Risk15% weightC54HigherC42
Tradability15% weightC50HigherD28
Holdings10% weightA83Not scored
Durability5% weightB68HigherD26

Rank among Broad Commodity Futures funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CMDY and DCMT are both graded against the same 22 Broad Commodity Futures funds, so their Grades compare head to head.

Broad Commodity Futures⁠

Category · 22 funds
See all 22 ›

CMDY ranks 3rd and DCMT 15th of 22 funds in the Broad Commodity Futures Category.

  1. Rank 1ACERYState Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETFScore 78
  2. Rank 2ABCIabrdn Bloomberg All Commodity Strategy K-1 Free ETFScore 73
  3. Rank 3BCMDYiShares Bloomberg Roll Select Commodity Strategy ETFScore 69
  4. Rank 3BCOMBGraniteShares Bloomberg Commodity Broad Strategy No K-1 ETFScore 69
  5. Rank 15CDBCInvesco DB Commodity Index Tracking FundScore 43
  6. Rank 15CDCMTDoubleLine Commodity Strategy ETFScore 43
  7. Rank 15CISTMiShares Strategic Metals ETFScore 43

Our read on each fund

ETF.net Research

CMDYBiShares Bloomberg Roll Select Commodity Strategy ETF

DCMTCDoubleLine Commodity Strategy ETF

In short

CMDY Commodities 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.

DCMT DoubleLine's 2024 arrival in broad commodities: one long, global basket measured against the Bloomberg Commodity Total Return Index, wrapped as a 1940 Act fund and priced near the middle of the category.

Stated mandate

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

DCMT The fund seeks total return over full market cycles through long exposure to commodity-related investments.

Why people hold it

  • CMDY The 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.
  • 0.29% 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.
  • One ticker, a broad basket of roughly 60 futures positions, run on a total-return basis that counts collateral income alongside commodity price moves.
  • Live since 2018 under the iShares roof, and one of the stronger implementations in its broad-basket commodity peer group.
  • DCMT One ticket to a diversified global commodity book. The mandate is long exposure to commodity-related investments, measured against the Bloomberg Commodity Total Return Index.doubleline.com
  • A 0.66% expense ratio lands around the middle of the broad-basket commodity crowd, not at a premium.
  • Structured as a 1940 Act registered fund, the same wrapper behind the category's K-1-free options, so holders get standard fund tax reporting instead of partnership paperwork.doubleline.com

Worth knowing

  • CMDY Moderately 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.
  • It 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.
  • Distributions land annually or semiannually, not monthly, and the roll rule addresses futures mechanics only. Commodity prices still swing hard on their own.
  • DCMT The cheap seats are elsewhere. BCI (0.26%) and CMDY (0.29%) cover similar Bloomberg commodity ground for well under half the fee.
  • Launched in 2024, so the live record is short and the fund is small next to the category's entrenched names.
  • It trades lightly compared with the category's heavyweights, which can mean wider spreads at the moment you transact.

Full CMDY profile⁠

Full DCMT profile⁠

CMDY vs DCMT Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CMDY vs DCMT Cost

Overpaying DCMT vs CMDY

$6,944

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CMDY 0.29%

    $5,952

  • DCMT 0.66%

    $12,896

$10,000
30 years

Cost over time

  • CMDY 0.29%
  • DCMT 0.66%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530DCMT $12,896CMDY $5,952

Year by year

YearCMDYDCMTOverpaying
10$527$1,180$653
20$2,044$4,504$2,460
30$5,952$12,896$6,944

Expense ratio

  • 0.29%CMDY, cheaper
  • 0.66%DCMT
  • Middle half of Broad Commodity Futures funds
  • Median 0.67%

CMDY 5th cheapest of 22 funds

DCMT 11th cheapest of 22 funds

CMDY vs DCMT Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
CMDY 10.47%, better
DCMT 2.69%
Payout (12M)
CMDY $6.29
DCMT $0.96
Last payment
CMDY $6.29
DCMT $0.96
Ex-dividend
CMDY Dec 16, 2025
DCMT Dec 23, 2025
Paid on
CMDY Dec 19, 2025
DCMT Dec 30, 2025
Frequency
CMDY Annual
DCMT Annual

Distribution history

Per share, 2018 to 2026, same scale for both

CMDYAnnual · 8 paymentsAll CMDY payments⁠
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.$0$5202020232026YTD
DCMTAnnual · 2 paymentsAll DCMT payments⁠
One bar per payment. 2 payments from 2018 to 2026 YTD. Dec 23, 2024 $0.41; Dec 23, 2025 $0.96. Use the arrow keys to read each point.$0$5202020232026YTD

CMDY vs DCMT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CMDY 13.1%DCMT 16.0%since Mar 2024
Return per unit of riskSharpe ratio, 3 years
CMDY 0.79DCMT 0.98since Mar 2024
Worst fallMax drawdown, 5 years
CMDY −26.6%DCMT −16.0%since Feb 2024
Market sensitivityBeta, 5 years
CMDY 0.90DCMT −0.04

Popular comparisons

  • CMDYBvsCERYA

    iShares Bloomberg Roll Select Commodity Strategy ETF · State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

    Expense ratio
    0.29% · 0.28%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DCMTCvsCERYA

    DoubleLine Commodity Strategy ETF · State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

    Expense ratio
    0.66% · 0.28%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CMDYBvsBCIA

    iShares Bloomberg Roll Select Commodity Strategy ETF · abrdn Bloomberg All Commodity Strategy K-1 Free ETF

    Expense ratio
    0.29% · 0.26%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DCMTCvsBCIA

    DoubleLine Commodity Strategy ETF · abrdn Bloomberg All Commodity Strategy K-1 Free ETF

    Expense ratio
    0.66% · 0.26%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CMDYBvsCOMBB

    iShares Bloomberg Roll Select Commodity Strategy ETF · GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

    Expense ratio
    0.29% · 0.25%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DCMTCvsCOMBB

    DoubleLine Commodity Strategy ETF · GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

    Expense ratio
    0.66% · 0.25%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.