CMDY vs VOO

CMDY vs VOO

Which is better, CMDY or VOO?

Commodities against Large Cap Blend.

VOO has a lower expense ratio. CMDY led over 1Y, VOO over 3Y, 5Y and the full window.

Lower Fees: VOOHigher Returns: split

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

MetricCMDYVOO
Expense Ratio0.28%0.03%Best
AUM$683M$997.4B
Dividend Yield9.93%1.04%
Holdings91509
YTD Return+33.41%Best+13.21%
1Y Return+41.05%Best+17.37%
3Y Return (annualized)+15.69%+22.66%Best
5Y Return (annualized)+11.13%+13.14%Best
Volatility (annualized)13.9%Best16.5%
Max Drawdown-31.2%Best-34.3%
$10,000 over 5 years$16,949$18,539Best
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryCommodityEquity
StyleCommoditiesLarge Cap Blend
InceptionApr 3, 2018Sep 7, 2010

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Apr 5, 2018 to Sep 24, 2026 (8.5 years).

CMDY vs VOO 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 8.5 years both funds cover.

CMDY vs VOO Performance

iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) is an ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year CMDY returned +41.05% while VOO returned +17.37%. Year to date, CMDY is up 33.41% versus a gain of 13.21% for VOO.

Over three years, CMDY compounded at +15.69% per year against +22.66% for VOO; over five years the annualized figures are +11.13% and +13.14% respectively. Across the full 9-year window we track, VOO has the edge at +14.43% annualized vs +8.66%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 13.9% for CMDY. 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 -31.2% for CMDY and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.35. They move together some of the time, and apart the rest.

Fees and Cost Over Time

CMDY charges 0.28% per year while VOO charges 0.03%. On a $10,000 position that is $28 vs $3 annually, a gap of $25 per year that compounds over a long holding period. On income, CMDY currently yields 9.93% against 1.04% for VOO.

Holdings Overlap

VOO already in CMDY0.3%

At least 0.3% of VOO's money is in holdings CMDY also owns.

Stated as a floor: for CMDY, our book for it covers 8.1% 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 4 positions we hold weights for in CMDY and 494 in VOO, against full books of 91 and 509.

Top Shared Holdings

StockWeight in CMDYWeight in VOODifference
NEENextera Energy Inc0.77%0.28%0.49%

You are not choosing between two funds in isolation.

Whichever of CMDY and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

CMDYVOO

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Frequently Asked Questions

Which is cheaper, CMDY or VOO?

CMDY has an expense ratio of 0.28% while VOO charges 0.03%. VOO is the cheaper option, by $25 a year on a $10,000 investment.

Which performed better, CMDY or VOO?

Over the past year CMDY returned +41.05% vs +17.37% for VOO, so CMDY leads on 1-year performance. Over the longest common window we track (9 years), CMDY annualized +8.66% vs +14.43% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, CMDY or VOO?

VOO has been the more volatile fund at 16.5% annualized versus 13.9% for CMDY. Worst drawdown: CMDY -31.2% vs VOO -34.3%.

Should I hold both CMDY and VOO?

CMDY and VOO have a monthly-return correlation of 0.35, 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, CMDY or VOO?

CMDY yields 9.93% while VOO yields 1.04%, so CMDY currently pays the higher dividend yield.

Is VOO better than CMDY?

VOO has a lower expense ratio. CMDY led over 1Y, VOO over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.