CMDT: What Is PIMCO Commodity Strategy Active ETF, And Who Should Hold It?
Source: SeekingAlpha
2025-05-27 02:15:05 ET
Summary
- CMDT is a relatively new actively managed commodity ETF that uses derivatives to achieve desired exposures.
- Since inception, CMDT has outperformed the Bloomberg Commodity Index. However, Q1 2025 saw underperformance due to specific sector allocations, notably underweight natural gas.
- The fund managers seem confident in their convictions, and are comfortable deviating substantially from the sector weights of the Bloomberg Commodity Index.
- I'm not personally investing in CMDT, partially due to overweight gold at the expense of platinum, which, I think, is destined for a comeback at some point (see recent PPLT article).
I love diving into unconventional ETFs to explore what they're offering and whether their unique focuses line up with my personal investing interests. The PIMCO Commodity Strategy Active ETF ( CMDT ) is definitely one of the more unusual ones....
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CMDT: What Is PIMCO Commodity Strategy Active ETF, And Who Should Hold It?
PIMCO Commodity Strategy Active Exchange-Traded Fund
NASDAQ: CMDT
CMDT Trading
0.67% G/L:
$32.99 Last:
11,753 Volume:
$32.885 Open:
