- What are the top holdings of CMCI?
- A machine-readable holdings disclosure for VanEck CMCI Commodity Strategy ETF (CMCI) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
- What sectors does CMCI invest in?
- VanEck CMCI Commodity Strategy ETF (CMCI) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is CMCI most exposed to?
- CMCI's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is CMCI a US-only fund?
- The country allocation card on this page shows CMCI's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- 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.
