# VanEck CMCI Commodity Strategy ETF (CMCI): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/cmci for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: VanEck · Asset class: Real Assets / Commodities - Strategy: Thematic · Inception: 2023-08-21 CMCI offers diversified exposure to the five commodity sectors through a broad portfolio of 29 commodities. The fund attempts diversification by evenly weighing each commodity based on economic significance and consumption data. To select specific commodities, the index blends liquidity and fundamental metrics. Liquidity is determined by consumption data, open interest, and market volume. The fundamentals draw from economic indicators such as CPI, PPI, and GDP. Instead of holding front-month contracts for each commodity, CMCI spreads the exposure across five separate maturities, targeting 3... ## Key Facts | Metric | Value | |---|---| | Price | $31.62 | | Expense Ratio | 0.67% | | Assets Under Management | $3.2M | | NAV | $31.80 | | Holdings Count | 0 | | Distribution Yield (TTM) | 7.49% | | Annual Distribution (TTM) | $2.37 /share | | Distribution Frequency | Annual | | 52-Week Range | $23.94 – $32.13 | | Beta | 0.00 | ## Latest Distribution - Amount: $2.3700 /share - Ex-date: 2025-12-30 - Pay date: 2025-12-31 ## Frequently Asked Questions ### What does CMCI invest in? CMCI offers diversified exposure to the five commodity sectors through a broad portfolio of 29 commodities. The fund attempts diversification by evenly weighing each commodity based on economic significance and consumption data. To select specific commodities, the index blends liquidity and fundamental metrics. Liquidity is determined by consumption data, open interest, and market volume. The fundamentals draw from economic indicators such as CPI, PPI, and GDP. Instead of holding front-month contracts for each commodity, CMCI spreads the exposure across five separate maturities, targeting 3, 6, 12, 24, and 36 months for each commodity. Continuous exposure is maintained by rolling exposures daily, in an attempt to minimize the effects of contango. The fund gains up to 25% of its exposure through the use of a Cayman Islands Subsidiary, thus avoiding K-1 forms. The fund holds a large portion of its assets in fixed-income securities for margin requirements or as collateral. ### What is the expense ratio of CMCI? VanEck CMCI Commodity Strategy ETF (CMCI) charges an expense ratio of 0.67%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is CMCI? VanEck CMCI Commodity Strategy ETF (CMCI) manages $3.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is CMCI actively managed or an index fund? CMCI's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was CMCI launched? VanEck CMCI Commodity Strategy ETF (CMCI) launched in August 2023 and is managed by VanEck. ### How has CMCI performed? CMCI's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does CMCI pay a dividend? VanEck CMCI Commodity Strategy ETF (CMCI) currently distributes little or no income. Trailing-twelve-month yield is 7.49%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CMCI pay dividends? VanEck CMCI Commodity Strategy ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is CMCI's dividend yield? CMCI's trailing-twelve-month yield is 7.49%, calculated from the sum of dividends over the past year divided by the current price. ### When is CMCI's next ex-dividend date? The most recently announced ex-dividend date for CMCI was 2025-12-30. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will CMCI's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.67% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does CMCI charge its expense ratio? The expense ratio is deducted in tiny daily slices from CMCI's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does CMCI cost more than a fund like VOO? CMCI's strategy (current expense ratio 0.67%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where CMCI sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to CMCI? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as CMCI (0.67%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/cmci - Distribution history: https://www.dividenddata.com/funds/cmci/dividend - Holdings & diversification: https://www.dividenddata.com/funds/cmci/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/cmci/expenses - Peer comparison: https://www.dividenddata.com/funds/cmci/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.