SSFI vs. CMDT ETF Comparison
Comparison of Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF (SSFI) to PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT)
SSFI
Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF
SSFI Description
Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF is an exchange traded fund launched by Strategy Shares. The fund is managed by Day Hagan Asset Management. It invests in fixed income markets. The fund invests through derivatives and through other funds in fixed income securities of varying maturities. The fund seeks to achieve its investment objective by principally investing in unaffiliated fixed income exchange traded funds that invest in fixed income categories. Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF was formed on September 27, 2021 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$21.01
Average Daily Volume
5,740
8
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 fundsGrade (RS Rating)
Last Trade
$27.17
Average Daily Volume
47,726
1
Performance
| Period | SSFI | CMDT |
|---|---|---|
| 30 Days | 0.07% | -1.72% |
| 60 Days | -1.10% | 3.97% |
| 90 Days | -0.07% | 4.57% |
| 12 Months | -1.50% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SSFI | Weight in CMDT | Overlap |
|---|
SSFI Underweight 1 Positions Relative to CMDT
| Symbol | Grade | Weight | |
|---|---|---|---|
| MINT | A | -7.88% |
SSFI: Top Represented Industries & Keywords
CMDT: Top Represented Industries & Keywords
Compare ETFs
