CMDY - A First Look At The iShares Bloomberg Roll Select Commodity Strategy ETF
- The iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) uses one Futures contract to cover the commodities market. It is designed to minimize contract rolling costs.
- The Bloomberg Roll Select Commodity Index is a dynamic version of the Bloomberg Commodity Index designed to mitigate the effects of contango market structure. CMDY uses Futures on this index.
- To see how well that strategy works, CMDY's performance will be compared to BCI and BCD, ETFs that use more standard versions of the Bloomberg Commodity Index.
- CMDY results will also be compared to a set of popular diversified commodity ETFs. In both comparisons, there are better choices for investors wanting commodity exposure.
For further details see:
A First Look At The iShares Bloomberg Roll Select Commodity Strategy ETF