Pimco Etf Trust Etf Profile
| CMDT Etf | USD 25.97 0.03 0.12% |
Performance4 of 100
| Odds Of DistressLess than 9
|
PIMCO ETF is selling for under 25.97 as of the 28th of November 2024; that is 0.12 percent up since the beginning of the trading day. The etf's last reported lowest price was 25.91. PIMCO ETF has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for PIMCO ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The investment seeks to track the results of a fully collateralized investment in futures contracts on the Bloomberg Roll Select Commodity Total Return Index composed of a diversified group of commodity futures which attempts to minimize contango and maximize backwardation. More on PIMCO ETF Trust
Moving together with PIMCO Etf
PIMCO Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Absolute Returns ETFs, Broad Commodities ETFs, Commodities Broad Basket, iShares (View all Sectors) |
| Issuer | PIMCO |
| Inception Date | 2023-05-08 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 342.2 Million |
| Asset Type | Multi Asset |
| Category | Absolute Returns |
| Focus | Broad Commodities |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | Pacific Investment Management Company LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | PIMCO Investments LLC |
| Portfolio Manager | Greg Sharenow, Lewis Hagedorn, Andrew DeWitt, Jerome Schneider, Andrew Wittkop |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 226 |
| Market Maker | Susquehanna |
| Total Expense | 0.84 |
| Management Fee | 0.79 |
| Country Name | USA |
| Returns Y T D | 5.93 |
| Name | PIMCO ETF Trust |
| Currency Code | USD |
| Open Figi | BBG01G446S02 |
| 1y Volatility | 7.36 |
| 200 Day M A | 26.6078 |
| 50 Day M A | 26.1765 |
| Code | CMDT |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
PIMCO ETF Trust [CMDT] is traded in USA and was established 2013-08-08. The fund is listed under Commodities Broad Basket category and is part of iShares family. The entity is thematically classified as Absolute Returns ETFs. PIMCO ETF Trust currently have 14.18 M in assets under management (AUM). , while the total return for the last year was 3.5%.
Check PIMCO ETF Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on PIMCO Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding PIMCO Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as PIMCO ETF Trust Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
PIMCO ETF Trust Currency Exposure
PIMCO ETF Trust holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of PIMCO ETF will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in PIMCO ETF Trust.
PIMCO ETF Trust Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PIMCO ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0306 | |||
| Jensen Alpha | 0.0308 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.11) |
PIMCO ETF Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PIMCO ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy PIMCO Etf please use our How to Invest in PIMCO ETF guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of PIMCO ETF Trust is measured differently than its book value, which is the value of PIMCO that is recorded on the company's balance sheet. Investors also form their own opinion of PIMCO ETF's value that differs from its market value or its book value, called intrinsic value, which is PIMCO ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PIMCO ETF's market value can be influenced by many factors that don't directly affect PIMCO ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PIMCO ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.