CMDT vs. REM ETF Comparison
Comparison of PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) to iShares Mortgage Real Estate Capped ETF (REM)
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
$27.95
Average Daily Volume
48,271
1
REM
iShares Mortgage Real Estate Capped ETF
REM Description
The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs") that hold U.S. residential and commercial mortgages. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the residential and commercial mortgage real estate, mortgage finance and savings associations sectors of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$23.00
Average Daily Volume
279,601
32
Performance
| Period | CMDT | REM |
|---|---|---|
| 30 Days | 1.67% | 5.55% |
| 60 Days | 4.60% | 1.23% |
| 90 Days | 7.84% | 5.38% |
| 12 Months | 14.57% | 17.01% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CMDT | Weight in REM | Overlap |
|---|
CMDT Overweight 1 Positions Relative to REM
| Symbol | Grade | Weight | |
|---|---|---|---|
| MINT | A | 6.36% |
CMDT Underweight 32 Positions Relative to REM
| Symbol | Grade | Weight | |
|---|---|---|---|
| NLY | A | -16.3% | |
| AGNC | A | -10.98% | |
| STWD | C | -9.8% | |
| RITM | A | -8.86% | |
| ABR | C | -4.48% | |
| BXMT | F | -3.98% | |
| ARI | D | -3.49% | |
| RC | F | -3.28% | |
| TWO | C | -3.18% | |
| PMT | A | -3.07% | |
| LADR | B | -3.06% | |
| MFA | D | -2.65% | |
| FBRT | B | -2.57% | |
| CIM | C | -2.42% | |
| ARR | B | -2.22% | |
| EFC | B | -2.15% | |
| RWT | C | -2.07% | |
| BRSP | F | -1.92% | |
| CMTG | F | -1.82% | |
| DX | B | -1.68% | |
| TRTX | B | -1.44% | |
| KREF | F | -1.37% | |
| NYMT | F | -1.34% | |
| IVR | B | -1.09% | |
| ORC | B | -1.06% | |
| ACRE | F | -0.84% | |
| REFI | C | -0.61% | |
| AFCG | B | -0.48% | |
| GPMT | F | -0.41% | |
| SEVN | B | -0.4% | |
| AOMR | B | -0.36% | |
| NREF | D | -0.27% |
CMDT: Top Represented Industries & Keywords
REM: Top Represented Industries & Keywords
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