CMDY ETF Analysis: Bloomberg Roll Select Broad | NYSE
Broad Commodities | NYSE, USA | Market Cap: 722m USD | 12M Return: 23.4% | US46431W5985 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.34M
Warnings
Tailwinds
No distinct edge detected
Seasonality 8.6 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) tracks an index composed of 24 futures contracts spanning 22 physical commodities across four major sectors: agriculture, energy, precious metals, and industrial metals. The fund primarily holds exchange-traded futures contracts and continuously rolls its positions-closing expiring contracts and establishing new ones-as a core part of its strategy. The fund is structured as non-diversified.
As a broad-basket commodities ETF, CMDY uses futures contracts rather than holding physical commodities, which is standard practice for accessing commodity exposure through an exchange-traded fund. The Roll Select methodology in its name indicates a strategy designed to optimize the periodic rollover of futures positions, typically aiming to reduce the negative impact of contango-a common condition in futures markets where longer-dated contracts trade at higher prices than near-dated ones.
- US dollar weakness lifts broad commodity basket returns
- Roll select strategy minimizes futures contango losses
- Energy and metals rally on geopolitical supply disruption risks
As of November 11, 2026, the stock is trading at USD 59.70 with a total of 57,671 shares traded. Over the past week, the price has changed by -3.10%, over one month by -7.64%, over three months by -1.14% and over the past year by +23.38%.
Current recommended Stop Loss: 58.70 (which is 1.7% or 1.4 ATR below the current price).
Bloomberg Roll Select Broad has no consensus analysts rating.