Ishares Gsci Commodity Etf Profile
COMT Etf | USD 27.39 0.40 1.44% |
Performance15 of 100
| Odds Of DistressLess than 29
|
IShares GSCI is selling for under 27.39 as of the 19th of April 2024; that is -1.44 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 27.33. IShares GSCI has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for iShares GSCI Commodity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
In seeking to achieve its investment objective, the fund may invest in a combination of exchange-traded commodity futures contracts, exchange-traded options on commodity-related futures contracts and exchange-cleared commodity related swaps , thereby obtaining exposure to the commodities markets. More on iShares GSCI Commodity
Moving together with IShares Etf
0.96 | PDBC | Invesco Optimum Yield | PairCorr |
0.99 | FTGC | First Trust Global | PairCorr |
0.96 | DBC | Invesco DB Commodity Sell-off Trend | PairCorr |
0.99 | GSG | iShares SP GSCI | PairCorr |
0.94 | DJP | iPath Bloomberg Commodity | PairCorr |
0.95 | BCI | abrdn Bloomberg All | PairCorr |
Moving against IShares Etf
0.81 | YCL | ProShares Ultra Yen | PairCorr |
0.75 | FXY | Invesco CurrencyShares | PairCorr |
IShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares GSCI's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares GSCI or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas | (View all Themes) |
Business Concentration | Target Outcome ETFs, Asset Allocation ETFs, Commodities Broad Basket, iShares (View all Sectors) |
Issuer | iShares |
Inception Date | 2014-10-15 |
Benchmark | S&P GSCI Dynamic Roll (USD) Total Return Index (USD) |
Entity Type | Regulated Investment Company |
Asset Under Management | 664.79 Million |
Average Trading Valume | 170,019.4 |
Asset Type | Multi Asset |
Category | Asset Allocation |
Focus | Target Outcome |
Market Concentration | Blended Development |
Region | Global |
Administrator | State Street Bank and Trust Company |
Advisor | BlackRock Fund Advisors |
Custodian | State Street Bank and Trust Company |
Distributor | BlackRock Investments, LLC |
Portfolio Manager | Michael Gates, Alan Mason, Richard Mejzak, Greg Savage, Robert Shimell |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Oct |
Exchange | NASDAQ |
Number of Constituents | 145 |
Market Maker | Susquehanna |
Total Expense | 0.48 |
Management Fee | 0.48 |
Country Name | USA |
Returns Y T D | 9.25 |
Name | iShares GSCI Commodity Dynamic Roll Strategy ETF |
Currency Code | USD |
Open Figi | BBG0079TF255 |
In Threey Volatility | 17.46 |
1y Volatility | 15.28 |
200 Day M A | 27.1934 |
50 Day M A | 26.4854 |
Code | COMT |
Updated At | 18th of April 2024 |
Currency Name | US Dollar |
iShares GSCI Commodity [COMT] is traded in USA and was established 2014-10-15. The fund is listed under Commodities Broad Basket category and is part of iShares family. The entity is thematically classified as Target Outcome ETFs. iShares GSCI Commodity currently have 2.27 B in assets under management (AUM). , while the total return for the last 3 years was 12.3%.
Check IShares GSCI Probability Of Bankruptcy
Geographic Allocation (%)
Top iShares GSCI Commodity Etf Constituents
COP | ConocoPhillips | Stock | Energy |
ADM | Archer Daniels Midland | Stock | Consumer Staples |
SHW | Sherwin Williams Co | Stock | Materials |
VZ | Verizon Communications | Stock | Communication Services |
SYT | SYLA Technologies Co | Stock | Information Technology |
ECL | Ecolab Inc | Stock | Materials |
EOG | EOG Resources | Stock | Energy |
IShares GSCI Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of IShares GSCI jumping above the current price in 90 days from now is about 9.31%. The iShares GSCI Commodity probability density function shows the probability of IShares GSCI etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days iShares GSCI Commodity has a beta of -0.0509 suggesting as returns on the benchmark increase, returns on holding IShares GSCI are expected to decrease at a much lower rate. During a bear market, however, iShares GSCI Commodity is likely to outperform the market. Additionally, iShares GSCI Commodity has an alpha of 0.1221, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of IShares GSCI to move above the current price in 90 days from now is about 9.31 (This iShares GSCI Commodity probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
IShares GSCI Top Holders
BAMPX | Blackrock Moderate Prepared | Mutual Fund | Allocation--30% to 50% Equity |
BRMPX | Blackrock Moderate Prepared | Mutual Fund | Allocation--30% to 50% Equity |
DNAVX | Dunham Dynamic Macro | Mutual Fund | Tactical Allocation |
BCMPX | Blackrock Moderate Prepared | Mutual Fund | Allocation--30% to 50% Equity |
BIMPX | Blackrock Moderate Prepared | Mutual Fund | Allocation--30% to 50% Equity |
IGOAX | Rational Inflation Growth | Mutual Fund | Allocation--50% to 70% Equity |
BCCPX | Blackrock Conservtive Prprdptfinvstrc | Mutual Fund | Allocation--15% to 30% Equity |
iShares GSCI Commodity Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares GSCI market risk premium is the additional return an investor will receive from holding IShares GSCI long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares GSCI. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IShares GSCI's alpha and beta are two of the key measurements used to evaluate IShares GSCI's performance over the market, the standard measures of volatility play an important role as well.
Risk Adjusted Performance | 0.1216 | |||
Jensen Alpha | 0.1221 | |||
Total Risk Alpha | 0.0566 | |||
Sortino Ratio | 0.0846 |
IShares GSCI Against Markets
Picking the right benchmark for IShares GSCI etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares GSCI etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares GSCI is critical whether you are bullish or bearish towards iShares GSCI Commodity at a given time. Please also check how IShares GSCI's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in IShares GSCI without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy IShares Etf?
Before investing in IShares GSCI, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares GSCI. To buy IShares GSCI etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares GSCI. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase IShares GSCI etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares GSCI Commodity etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased iShares GSCI Commodity etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as iShares GSCI Commodity, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IShares Etf please use our How to Invest in IShares GSCI guide.
Already Invested in iShares GSCI Commodity?
The danger of trading iShares GSCI Commodity is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares GSCI is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares GSCI. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares GSCI Commodity is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether iShares GSCI Commodity is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ishares Gsci Commodity Etf. Highlighted below are key reports to facilitate an investment decision about Ishares Gsci Commodity Etf: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iShares GSCI Commodity. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of iShares GSCI Commodity is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares GSCI's value that differs from its market value or its book value, called intrinsic value, which is IShares GSCI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares GSCI's market value can be influenced by many factors that don't directly affect IShares GSCI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares GSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares GSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares GSCI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.