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CMDT

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1d
1w
1m

Analysis and statistics

  • Open
    26.2156$
  • Previous Close
    26.2233$
  • 52 Week Change
    --
  • Day Range
    -0.01$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

CMDT.US refers to the WisdomTree Enhanced Commodity Strategy Fund ETF. This ETF seeks to track the performance of the Bloomberg Commodity Index Total Return by investing in a basket of commodity futures contracts. It provides exposure to a diversified range of commodities, including energy, agriculture, and metals, while employing an enhanced methodology to potentially improve returns.

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Factors

Supply and Demand: Increased demand with limited supply drives prices up, while oversupply lowers prices.

Underlying Commodity Prices: CMDT.US tracks commodity indices. Changes in prices of those commodities directly impact its value.

Geopolitical Events: Global events, conflicts, or political instability can disrupt commodity production and distribution, affecting prices.

Economic Indicators: Economic growth, inflation, and interest rates influence commodity demand and investment, thus affecting ETF price.

Currency Fluctuations: As commodities are often priced in USD, changes in the USD's value against other currencies can impact ETF returns.

Storage and Transportation Costs: The cost of storing and transporting commodities contributes to the overall price reflected in the ETF.

Weather Patterns: Extreme weather events (droughts, floods) can disrupt agricultural commodity production, influencing ETF value.

Government Policies: Government regulations, subsidies, and trade policies affecting commodity production or import/export affect prices.

Interest Rates: Higher interest rates can make holding commodities more expensive, potentially reducing demand and ETF value.

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