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VanEck CMCI Commodity Strategy ETF (CMCI)

26.10 -0.01 (-0.04%)
At close: April 26 at 12:20 PM EDT
27.42 +1.32 (+5.04%)
After hours: April 26 at 5:59 PM EDT
Key Events
Loading Chart for CMCI
DELL
  • Previous Close 26.11
  • Open 27.36
  • Bid 26.02 x 1000
  • Ask 32.67 x --
  • Day's Range 26.06 - 27.36
  • 52 Week Range 23.68 - 27.36
  • Volume 315
  • Avg. Volume 193
  • Net Assets 2.52M
  • NAV 26.07
  • PE Ratio (TTM) --
  • Yield --
  • YTD Daily Total Return 8.72%
  • Beta (5Y Monthly) 0.00
  • Expense Ratio (net) 0.65%

The fund seeks to achieve its investment objective by investing under normal circumstances in instruments that derive their value from the performance of the index. In seeking to replicate the index, the fund invests in (i) commodity-linked derivative instruments, and in (ii) bonds, debt securities and other fixed income instruments issued by various U.S. public- or private-sector entities. The fund is non-diversified.

VanEck

Fund Family

Commodities Broad Basket

Fund Category

2.52M

Net Assets

2023-08-21

Inception Date

Performance Overview: CMCI

Trailing returns as of 4/25/2024. Category is Commodities Broad Basket.

YTD Return

CMCI
8.72%
Category
4.27%
 

1-Year Return

CMCI
0.00%
Category
2.19%
 

3-Year Return

CMCI
0.00%
Category
11.04%
 

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    PepsiCo is a global leader in snacks and beverages, owning well-known household brands including Pepsi, Mountain Dew, Gatorade, Lay’s, Cheetos, and Doritos, among others. The company dominates the global savory snacks market and also ranks as the second-largest beverage provider in the world (behind Coca-Cola) with diversified exposure to carbonated soft drinks, or CSD, as well as water, sports, and energy drink offerings. Convenience foods account for approximately 55% of its total revenue, with beverages making up the rest. Pepsi owns the bulk of its manufacturing and distribution capacity in the United States and overseas. International markets make up 40% of total sales and one third of operating profits.

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  • Analyst Report: General Electric Company

    GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.

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  • Analyst Report: PepsiCo, Inc.

    PepsiCo is a global leader in snacks and beverages, owning well-known household brands including Pepsi, Mountain Dew, Gatorade, Lay’s, Cheetos, and Doritos, among others. The company dominates the global savory snacks market and also ranks as the second-largest beverage provider in the world (behind Coca-Cola) with diversified exposure to carbonated soft drinks, or CSD, as well as water, sports, and energy offerings. Convenience foods account for approximately 55% of its total revenue, with beverages making up the rest. Pepsi owns the bulk of its manufacturing and distribution capacity in the United States and overseas. International markets make up 40% of total sales and one third of operating profits.

    Rating
    Price Target
     
  • Analyst Report: International Business Machines Corporation

    IBM looks to be a part of every aspect of an enterprise’s IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM’s outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.

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