ETF Evaluator: Global X Commodity Strategy ETF () Follow This ETF

Global X Commodity Strategy ETF Overview

Global X Commodity Strategy ETF (COMD) is an actively managed Commodities Commodities Broad Basket exchange-traded fund (ETF). Global X Funds launched the ETF in 2026.

The investment seeks to achieve capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to provide investors with exposure to commodity assets. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the value of its assets in instruments that provide exposure to commodities. Commodities are assets such as metals, oil, natural gas, or agricultural products. The fund is non-diversified.

About Global X Commodity Strategy ETF (COMD)

There are 3 members of the management team with an average tenure of 0.47 years: Sandy Lu (2026), Paul Dmitriev (2026) and Trevor Yates (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

Global X Commodity Strategy ETF has 3 securities in its portfolio. The top 10 holdings constitute 99.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Global X Commodity Strategy ETF is part of the Real Assets global asset class and is within the Commodities ETF group. Global X Commodity Strategy ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Global X Commodity Strategy ETF has 87.7% of the portfolio in cash.

Assets Under Management

The fund has $3 million in total assets, which is below the $831 million average for the Commodities Broad Basket category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

COMD Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Global X Commodity Strategy ETF expense ratio is average compared to funds in the Commodities Broad Basket category. Global X Commodity Strategy ETF has an expense ratio of 0.55%, which is 17% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Global X Commodity Strategy ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 26% for the Commodities Broad Basket category.

Recently, in the month of July 2026, Global X Commodity Strategy ETF returned 7.7%, which earned it a grade of C, as the Commodities Broad Basket category had an average return of 6.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Global X Commodity Strategy ETF has a trailing yield of 0.00%, which is below the 5.12% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

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