IWMI vs CMDT

Comparison between NEOS RUSSELL 2000 HIGH INCOME ETF (IWMI, ETF) and PIMCO COMMODITY STRATEGY ACTIVE EXCHANGE-TRADED FUND (CMDT, ETF).

IWMI vs CMDT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IWMI(ETF)	CMDT(ETF)
Net Assets	$806M	$802M
Expense Ratio	0.68%	0.65%
Max Drawdown	27.88%	14.16%
Sharpe Ratio	1.68	1.99
5Y Beta	0.92	0.16

Net Assets

Winner

IWMI

$806M

CMDT

$802M

Expense Ratio

IWMI

0.68%

Winner

CMDT

0.65%

Max Drawdown

IWMI

27.88%

Winner

CMDT

14.16%

Sharpe Ratio

IWMI

1.68

Winner

CMDT

1.99

5Y Beta

IWMI

0.92

Winner

CMDT

0.16

IWMI vs CMDT - Holdings Comparison

IWMI and CMDT have 0 common holdings. Overlap is 0.00%

IWMI's top 25 holdings weight is 101.84%. CMDT's top 25 holdings weight is 74.88%.

Rank	IWMI	CMDT
#1	VANGUARD RUSSELL 2000 ETF (VTWO) - 101.36%	PIMCO CAYMAN COMMODITY FUND CMDT LTD (n/a) - 25.06%
#2	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 0.48%	CANADIAN DOLLAR PURCHASED (n/a) - 9.65%
#3	N/A	PIMCO ENHANCED SHORT MATURITY ACTIVE ETF (MINT) - 5.52%
#4	N/A	n/a (n/a) - 5.43%
#5	N/A	n/a (n/a) - 5.00%
#6	N/A	n/a (n/a) - 3.07%
#7	N/A	n/a (n/a) - 2.91%
#8	N/A	n/a (n/a) - 1.50%
#9	N/A	BRAZILIAN REAL-NDF PURCHASED (n/a) - 1.45%
#10	N/A	ROGERS COMMUNICATIONS INC. 3.65% (n/a) - 1.41%
#11	N/A	BANK OF MONTREAL 4.309% (n/a) - 1.33%
#12	N/A	PHILLIPS 66 0% (n/a) - 1.33%
#13	N/A	TRANSCANADA PIPELINES LIMITED 3.8% (n/a) - 1.12%
#14	N/A	n/a (n/a) - 1.07%
#15	N/A	ROYAL BANK OF CANADA 4.612% (n/a) - 1.01%
#16	N/A	EUROPEAN MONETARY UNION EURO PURCHASED (n/a) - 0.94%
#17	N/A	WELLS FARGO & CO. 3.526% (n/a) - 0.88%
#18	N/A	ELEMENT FLEET MANAGEMENT CORP 6.271% (n/a) - 0.86%
#19	N/A	GA GLOBAL FUNDING TRUST 4.4% (n/a) - 0.84%
#20	N/A	GOLDMAN SACHS GROUP, INC. 1.542% (n/a) - 0.83%
#21	N/A	JPMORGAN CHASE & CO. 1.47% (n/a) - 0.76%
#22	N/A	BANK OF AMERICA CORP. 3.615% (n/a) - 0.73%
#23	N/A	ORO USD 1Y C 3.00000 L 07/28/26 NGF (n/a) - 0.73%
#24	N/A	BANK OF AMERICA CORP. 1.978% (n/a) - 0.73%
#25	N/A	n/a (n/a) - 0.72%
Total Holdings	2	250

IWMI vs CMDT - Historical Returns

Returns include dividend reinvestment.

Period	IWMI	CMDT
1 month	+0.13%	-3.73%
3 months	+7.40%	+9.07%
6 months	+10.69%	+19.66%
1 year	+32.20%	+31.14%
Max(CAGR)	+17.35%	+14.92%

Winner

IWMI

+0.13%

CMDT

-3.73%

IWMI

+7.40%

Winner

CMDT

+9.07%

IWMI

+10.69%

Winner

CMDT

+19.66%

Winner

IWMI

+32.20%

CMDT

+31.14%

Max(CAGR)

Winner

IWMI

+17.35%

CMDT

+14.92%

IWMI vs CMDT - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	IWMI	CMDT
2026	+10.45%	+20.89%
2025	+14.86%	+11.76%
2024	+6.59%	+7.69%
2023	N/A	+5.51%

IWMI vs CMDT Drawdown Comparison

The maximum drawdown for IWMI was -23.88%, occurring on Apr 8, 2025. Recovery took 189 trading sessions.

The maximum drawdown for CMDT was -9.70%, occurring on Sep 10, 2024. Recovery took 163 trading sessions.

The current IWMI drawdown is -2.84%. The current CMDT drawdown is -5.54%.

Rank	IWMI	CMDT
#1	-23.88% Nov 29, 2024 - Sep 4, 2025	-9.70% May 28, 2024 - Jan 22, 2025
#2	-8.88% Jul 26, 2024 - Sep 19, 2024	-9.44% Feb 20, 2025 - Jun 17, 2025
#3	-8.39% Feb 26, 2026 - Apr 13, 2026	-8.86% Sep 14, 2023 - Apr 2, 2024
#4	-6.62% Oct 27, 2025 - Nov 26, 2025	-5.54% May 12, 2026 - Jun 5, 2026
#5	-3.49% May 6, 2026 - May 26, 2026	-4.35% Jan 29, 2026 - Feb 27, 2026
#6	-2.87% Jan 22, 2026 - Feb 9, 2026	-4.04% Jun 17, 2025 - Aug 29, 2025
#7	-2.84% Jun 4, 2026 - Jun 5, 2026	-3.68% May 10, 2023 - Jun 15, 2023
#8	-2.76% Oct 8, 2025 - Oct 14, 2025	-3.62% Jun 21, 2023 - Jul 11, 2023
#9	-2.60% Dec 11, 2025 - Jan 6, 2026	-3.42% Mar 12, 2026 - Mar 30, 2026
#10	-2.45% Oct 17, 2024 - Nov 6, 2024	-3.13% Apr 15, 2024 - May 17, 2024
#11	-2.33% Nov 11, 2024 - Nov 25, 2024	-3.01% Dec 5, 2025 - Jan 5, 2026
#12	-2.15% Feb 9, 2026 - Feb 26, 2026	-3.00% Nov 3, 2025 - Dec 5, 2025
#13	-1.99% Sep 30, 2024 - Oct 11, 2024	-2.78% Aug 9, 2023 - Aug 31, 2023
#14	-1.71% Oct 15, 2025 - Oct 24, 2025	-2.15% Apr 16, 2026 - Apr 22, 2026
#15	-1.46% Sep 19, 2024 - Sep 30, 2024	-2.14% Sep 16, 2025 - Oct 6, 2025