COMT — iShares GSCI Commodity Dynamic Roll Strategy ETF

COMT Price Performance — Growth of $10,000

Value of a $10,000 investment in COMT over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

COMT Drawdown

The "underwater" chart: COMT's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is a commodity-focused fund issued by iShares with $1.29 billion in assets under management. It holds a B grade and ranks 4th out of 22 peers in its category, placing it in the upper tier of similar funds. The expense ratio of 0.48% is notably lower than the category median of 0.595%, while its dividend yield of 5.50% significantly exceeds the category median of 0.00%. The fund’s top ten holdings represent 36.4% of its assets, with the largest position being BlackRock Cash Funds Treasury SL Agency Shares at 15.6%.

COMT has delivered strong long-term gains, with a one-year return of 46.13% outperforming the category median of 29.35%. This momentum is reflected in a year-to-date increase of 44.53% and a three-year return of 45.59%. However, recent short-term performance shows a slight dip, with a one-day return of -0.15% contrasting with a one-week gain of 4.32%. The fund’s price of $35.97 sits at 94.5% of its 52-week range, indicating it is near the top of its recent trading band. The ETFValuer grade was upgraded from C to B on 2026-08-18, though price history is available for only 3.0 years.

The fund exhibits high volatility at 22.14% annualized, accompanied by a beta of 1.14, suggesting it moves more sharply than the broader market. Despite this elevated risk profile, the Sharpe ratio of 1.86 indicates that the returns generated have been substantial relative to the risk taken. The maximum drawdown of -17.57% highlights the potential for significant temporary losses during downturns. Liquidity is moderate, with an average daily volume of 275,069 shares and a bid-ask spread of 0.59%.

AI-generated summary based on the data on this page.

COMT Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 36.4% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how COMT's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With COMT

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with COMT's top 10 — TFLO overlaps most, holding 2 of the same companies as COMT's top 10 (24.3% of COMT's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.77% (as of 2026-09-03) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 14.32 (as of 2026-09-03) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

COMT Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.59% and average daily volume is 275K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.29B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: COMT is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

COMT Performance History

How COMT Compares to Other Commodities ETFs