CMDT vs. HISF ETF Comparison
Comparison of PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) to First Trust High Income Strategic Focus ETF (HISF)
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
HISF
First Trust High Income Strategic Focus ETF
HISF Description
First Trust High Income Strategic Focus ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners LLC, First Trust Global Portfolios Limited, Richard Bernstein Advisors LLC, and Stonebridge Advisors, LLC. The fund invests in the public equity and fixed income markets of countries across the globe. For its equity portion, it seeks to invest in stocks of companies operating across diversified sectors. The fund invests in dividend paying stocks of small-cap, mid-cap, and large-cap companies. It also invests in stocks of master limited partnerships. For its fixed income portion, the fund invests in high yield corporate bonds and first lien senior secured floating rate bank loans, mortgage-related investments, and international sovereign bonds with varying maturity. First Trust High Income Strategic Focus ETF was formed on August 13, 2014 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$43.10
Average Daily Volume
2,055
7
Performance
| Period | CMDT | HISF |
|---|---|---|
| 30 Days | 3.51% | -2.15% |
| 60 Days | 6.92% | -1.35% |
| 90 Days | 5.75% | -1.54% |
| 12 Months | 1.34% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CMDT | Weight in HISF | Overlap |
|---|
CMDT Overweight 1 Positions Relative to HISF
| Symbol | Grade | Weight | |
|---|---|---|---|
| MINT | A | 7.88% |
CMDT: Top Represented Industries & Keywords
HISF: Top Represented Industries & Keywords
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