CMDT vs. FMCX ETF Comparison
Comparison of PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) to FMC Excelsior Focus Equity ETF (FMCX)
CMDT
PIMCO Commodity Strategy Active Exchange-Traded Fund
CMDT Description
CMDT aims for total return in excess of a diversified commodity benchmark by actively managing both commodity exposure and the funds collateral. The fund primarily gains exposure through commodity swaps and futures but may also directly invest in commodities and use other commodity-linked derivatives. The fund adviser determines target allocations using proprietary quantitative models that incorporate multi-factors such as historic performance trends and storage costs. Positions established may be long, short, or no positions in the specific commodities suggested by the models. Weighting is at the discretion of the fund adviser. The fund also holds a short-duration of investment grade fixed-income securities to serve as collateral. CMDT obtains its exposure via a Cayman Islands subsidiary, thus avoiding a K-1 form to investors. The fund has a longer investment horizon, not short-term, tactical trading. Investments and returns may be different from the advisers other funds
Grade (RS Rating)
Last Trade
$27.65
Average Daily Volume
46,481
1
FMCX
FMC Excelsior Focus Equity ETF
FMCX Description
The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.Grade (RS Rating)
Last Trade
$27.92
Average Daily Volume
882
52
Performance
| Period | CMDT | FMCX |
|---|---|---|
| 30 Days | 3.51% | -3.24% |
| 60 Days | 6.92% | -0.14% |
| 90 Days | 5.75% | 3.02% |
| 12 Months | 19.90% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CMDT | Weight in FMCX | Overlap |
|---|
CMDT Overweight 1 Positions Relative to FMCX
| Symbol | Grade | Weight | |
|---|---|---|---|
| MINT | A | 7.88% |
CMDT Underweight 52 Positions Relative to FMCX
| Symbol | Grade | Weight | |
|---|---|---|---|
| AAPL | F | -6.93% | |
| UNH | C | -6.84% | |
| KKR | C | -6.14% | |
| IAC | D | -5.35% | |
| AMZN | A | -5.01% | |
| GDDY | A | -4.98% | |
| MSFT | D | -4.79% | |
| LBRDK | D | -4.24% | |
| LSXMK | F | -4.22% | |
| GGG | D | -3.98% | |
| PYPL | A | -3.9% | |
| MTCH | F | -3.18% | |
| LSXMA | F | -1.79% | |
| GOOGL | A | -1.77% | |
| LBRDA | D | -1.74% | |
| PG | A | -1.3% | |
| PM | A | -1.21% | |
| YUM | A | -1.18% | |
| CMCSA | F | -1.13% | |
| MCD | D | -1.12% | |
| AMGN | D | -1.11% | |
| KEYS | C | -1.06% | |
| VUSB | A | -0.92% | |
| ICSH | A | -0.92% | |
| GILD | F | -0.87% | |
| CL | A | -0.85% | |
| MO | A | -0.84% | |
| ENTG | C | -0.82% | |
| ARWR | F | -0.72% | |
| NKE | F | -0.68% | |
| HON | C | -0.6% | |
| DHR | C | -0.55% | |
| GOOG | A | -0.5% | |
| BAX | C | -0.47% | |
| YUMC | D | -0.42% | |
| MUSA | A | -0.4% | |
| SPGI | C | -0.37% | |
| MTX | B | -0.33% | |
| KEX | A | -0.33% | |
| EQR | A | -0.3% | |
| JPM | B | -0.3% | |
| MUR | A | -0.25% | |
| V | C | -0.21% | |
| FWONK | B | -0.21% | |
| BKNG | C | -0.19% | |
| FLWS | C | -0.15% | |
| GD | B | -0.13% | |
| BATRK | C | -0.11% | |
| PNR | C | -0.1% | |
| FWONA | B | -0.05% | |
| VMEO | D | -0.03% | |
| BATRA | D | -0.02% |
CMDT: Top Represented Industries & Keywords
FMCX: Top Represented Industries & Keywords
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