COMT
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Ishares Gsci Commodity Dynamic Roll Strategy Etf
25.93
+0.08 (+0.31%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 25.85
Day's Range: 25.811 - 25.94
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When Written:
27.59
The iShares GSCI Commodity Dynamic Roll Strategy ETF is an exchange-traded fund that seeks to track the performance of the S&P GSCI Dynamic Roll Capped Commodity Index. The fund invests in a diversified portfolio of commodity futures contracts, which are selected and weighted based on a proprietary algorithm that seeks to maximize returns while minimizing the impact of contango and backwardation.
Contango and backwardation refer to the difference in price between futures contracts for the same commodity with different delivery dates. Contango occurs when the futures price is higher than the spot price, while backwardation occurs when the futures price is lower than the spot price. These price differences can impact the returns of commodity futures investments, and the iShares GSCI Commodity Dynamic Roll Strategy ETF aims to mitigate this impact through its dynamic roll strategy.
The fund invests in a range of commodities, including energy, agriculture, industrial metals, and precious metals. It is designed to provide investors with exposure to the commodity markets while potentially reducing the volatility and risk associated with investing in individual commodities. The fund has an expense ratio of 0.48% and is listed on the New York Stock Exchange under the ticker symbol "COMT."
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
Contango and backwardation refer to the difference in price between futures contracts for the same commodity with different delivery dates. Contango occurs when the futures price is higher than the spot price, while backwardation occurs when the futures price is lower than the spot price. These price differences can impact the returns of commodity futures investments, and the iShares GSCI Commodity Dynamic Roll Strategy ETF aims to mitigate this impact through its dynamic roll strategy.
The fund invests in a range of commodities, including energy, agriculture, industrial metals, and precious metals. It is designed to provide investors with exposure to the commodity markets while potentially reducing the volatility and risk associated with investing in individual commodities. The fund has an expense ratio of 0.48% and is listed on the New York Stock Exchange under the ticker symbol "COMT."
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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