CMDT vs VYM
PIMCO Commodity Strategy Active Exchange-Traded Fund vs Vanguard High Dividend Yield ETF
Which is better, CMDT or VYM?
Commodities against Large Cap Value.
VYM has a lower expense ratio. CMDT led over 1Y, VYM over 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CMDT | VYM |
|---|---|---|
| Expense Ratio | 0.65% | 0.04%Best |
| AUM | $858M | $81.6B |
| Dividend Yield | 1.91% | 2.24% |
| Holdings | 352 | 613 |
| YTD Return | +28.68%Best | +14.82% |
| 1Y Return | +34.22%Best | +20.84% |
| 3Y Return (annualized) | +13.84% | +18.64%Best |
| 5Y Return (annualized) | - | +12.28% |
| Volatility (annualized) | 11.6% | 10.9%Best |
| Max Drawdown | -13.2%Best | -14.5% |
| $10,000 over 3.3 years | $16,273 | $17,281Best |
| Fund Family | PIMCO (US) | Vanguard (US) |
| Category | Commodity | Equity |
| Style | Commodities | Large Cap Value |
| Inception | May 9, 2023 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: May 10, 2023 to Sep 4, 2026 (3.3 years).
CMDT vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.3 years both funds cover.
CMDT vs VYM Performance
PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) is an ETF from PIMCO (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CMDT returned +34.22% while VYM returned +20.84%. Year to date, CMDT is up 28.68% versus a gain of 14.82% for VYM.
Over three years, CMDT compounded at +13.84% per year against +18.64% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CMDT has been the more volatile fund, with annualized monthly volatility of 11.6% compared with 10.9% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.2% for CMDT and -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.13. They move largely independently of each other.
Fees and Cost Over Time
CMDT charges 0.65% per year while VYM charges 0.04%. On a $10,000 position that is $65 vs $4 annually, a gap of $61 per year that compounds over a long holding period. On income, CMDT currently yields 1.91% against 2.24% for VYM.
Holdings Overlap
At least 0.3% of VYM's money is in holdings CMDT also owns.
Stated as a floor: for CMDT, our book for it covers 49.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 149 positions we hold weights for in CMDT and 603 in VYM, against full books of 352 and 613.
Top Shared Holdings
| Stock | Weight in CMDT | Weight in VYM | Difference |
|---|---|---|---|
| RCL 5.5 04/01/28 144RCL 5.5 04/01/28 144A | 0.01% | 0.33% | 0.32% |
You are not choosing between two funds in isolation.
Whichever of CMDT and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CMDT or VYM?
CMDT has an expense ratio of 0.65% while VYM charges 0.04%. VYM is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, CMDT or VYM?
Over the past year CMDT returned +34.22% vs +20.84% for VYM, so CMDT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CMDT or VYM?
CMDT has been the more volatile fund at 11.6% annualized versus 10.9% for VYM. Worst drawdown: CMDT -13.2% vs VYM -14.5%.
Should I hold both CMDT and VYM?
CMDT and VYM have a monthly-return correlation of 0.13, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CMDT or VYM?
CMDT yields 1.91% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than CMDT?
VYM has a lower expense ratio. CMDT led over 1Y, VYM over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.