CMDT vs. HYIN ETF Comparison
Comparison of PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) to WisdomTree Alternative Income Fund (HYIN)
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
$26.01
Average Daily Volume
48,337
1
HYIN
WisdomTree Alternative Income Fund
HYIN Description
The investment seeks to track the price and yield performance, before fees and expenses, of the Gapstow Liquid Alternative Credit Index (the ?Index?). Under normal circumstances, at least 80% of the fund?s total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is comprised of registered closed-end investment companies and real estate investment trusts that are listed and publicly traded on a major U.S. stock exchange. It is non-diversified.Grade (RS Rating)
Last Trade
$18.50
Average Daily Volume
24,380
27
Performance
| Period | CMDT | HYIN |
|---|---|---|
| 30 Days | -0.58% | -1.01% |
| 60 Days | 0.96% | -3.51% |
| 90 Days | 4.05% | -1.27% |
| 12 Months | 0.21% | 7.67% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CMDT | Weight in HYIN | Overlap |
|---|
CMDT Overweight 1 Positions Relative to HYIN
| Symbol | Grade | Weight | |
|---|---|---|---|
| MINT | A | 5.05% |
CMDT Underweight 27 Positions Relative to HYIN
| Symbol | Grade | Weight | |
|---|---|---|---|
| FSK | A | -3.17% | |
| MAIN | A | -3.11% | |
| OXLC | B | -3.08% | |
| ARCC | A | -3.08% | |
| GBDC | B | -3.04% | |
| JFR | A | -3.03% | |
| BXSL | A | -3.02% | |
| GOF | A | -3.01% | |
| JQC | A | -3.01% | |
| PTY | A | -3.0% | |
| ABR | C | -2.99% | |
| HYT | A | -2.94% | |
| PDI | D | -2.91% | |
| HTGC | D | -2.9% | |
| LADR | B | -2.87% | |
| ECC | D | -2.86% | |
| EVV | C | -2.86% | |
| AOMR | F | -2.86% | |
| ARI | C | -2.81% | |
| VVR | D | -2.81% | |
| EFC | D | -2.77% | |
| STWD | C | -2.76% | |
| AGNC | C | -2.73% | |
| BXMT | C | -2.7% | |
| RWT | D | -2.7% | |
| RC | D | -2.65% | |
| CMTG | D | -2.62% |
CMDT: Top Represented Industries & Keywords
HYIN: Top Represented Industries & Keywords
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