Performance analysis of CMCI (VANECK CMCI COMMODITY STRATEGY ETF)
Annual Return
Since Aug 23, 2023, CMCI has had an average annual return of +11.73%, underperforming the benchmark SPY, which returned +22.61% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +23.01% | +7.82% | +5.67% | -2.87% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.75% | +1.63% | +8.61% | +4.49% | -0.34% | +1.20% | +23.01% | ||||||
| 2025 | +2.46% | -0.20% | +2.32% | -5.93% | +1.25% | +2.61% | +0.72% | +1.17% | +0.81% | +1.31% | +0.16% | +1.16% | +7.82% |
| 2024 | +1.43% | -0.84% | +4.31% | +2.39% | +0.64% | -1.30% | -3.59% | -0.72% | +3.37% | -0.57% | -0.79% | +1.47% | +5.67% |
| 2023 | +1.19% | +0.18% | -0.78% | -1.18% | -2.27% | -2.87% |
Drawdown analysis of CMCI (VANECK CMCI COMMODITY STRATEGY ETF)
The maximum drawdown for the CMCI was -11.54%, occurring on Sep 10, 2024. Recovery took 84 trading sessions.
The current CMCI drawdown is -3.12%.
Since Aug 23, 2023 CMCI has experienced the following drawdowns:
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.54% | May 20, 2024 | 77 | Sep 10, 2024 | 84 | Jan 10, 2025 | 161 |
| -10.59% | Jan 10, 2025 | 60 | Apr 8, 2025 | 144 | Nov 3, 2025 | 204 |
| -8.36% | Sep 14, 2023 | 62 | Dec 12, 2023 | 76 | Apr 3, 2024 | 138 |
| -5.03% | Jan 29, 2026 | 2 | Feb 2, 2026 | 19 | Mar 2, 2026 | 21 |
| -4.55% | May 12, 2026 | 10 | May 27, 2026 | Ongoing | Ongoing | Ongoing |
| -2.88% | Dec 5, 2025 | 7 | Dec 16, 2025 | 5 | Dec 23, 2025 | 12 |
| -2.65% | Nov 11, 2025 | 8 | Nov 21, 2025 | 9 | Dec 5, 2025 | 17 |
| -2.63% | Mar 18, 2026 | 3 | Mar 23, 2026 | 4 | Mar 27, 2026 | 7 |
| -2.45% | Apr 29, 2024 | 2 | May 1, 2024 | 12 | May 17, 2024 | 14 |
| -1.64% | May 5, 2026 | 2 | May 7, 2026 | 2 | May 11, 2026 | 4 |
| -1.54% | Apr 16, 2026 | 1 | Apr 17, 2026 | 2 | Apr 21, 2026 | 3 |
| -1.54% | Mar 12, 2026 | 2 | Mar 16, 2026 | 2 | Mar 18, 2026 | 4 |
| -1.38% | Mar 30, 2026 | 2 | Apr 1, 2026 | 7 | Apr 13, 2026 | 9 |
| -1.34% | Nov 3, 2025 | 3 | Nov 6, 2025 | 3 | Nov 11, 2025 | 6 |
| -1.05% | Apr 15, 2024 | 2 | Apr 17, 2024 | 2 | Apr 19, 2024 | 4 |
| -1.04% | Jan 14, 2026 | 2 | Jan 16, 2026 | 2 | Jan 21, 2026 | 4 |
| -0.91% | Dec 30, 2025 | 2 | Jan 2, 2026 | 1 | Jan 5, 2026 | 3 |
| -0.88% | Jan 6, 2026 | 1 | Jan 7, 2026 | 3 | Jan 12, 2026 | 4 |
| -0.53% | Sep 5, 2023 | 3 | Sep 8, 2023 | 1 | Sep 11, 2023 | 4 |
| -0.43% | Mar 6, 2026 | 1 | Mar 9, 2026 | 1 | Mar 10, 2026 | 2 |
| -0.43% | Apr 8, 2024 | 3 | Apr 11, 2024 | 2 | Apr 15, 2024 | 5 |
| -0.39% | Dec 26, 2025 | 1 | Dec 29, 2025 | 1 | Dec 30, 2025 | 2 |
| -0.15% | Mar 2, 2026 | 1 | Mar 3, 2026 | 1 | Mar 4, 2026 | 2 |
| -0.14% | Aug 23, 2023 | 1 | Aug 24, 2023 | 1 | Aug 25, 2023 | 2 |
| -0.12% | Jan 21, 2026 | 1 | Jan 22, 2026 | 1 | Jan 23, 2026 | 2 |