VCMDX — Vanguard Commodity Strategy Fund

Data updated: 2026-06-26

VCMDX — Vanguard Commodity Strategy Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Commodity · $2.61B AUM · 0.16% expense ratio · 37.9% 1-yr return. From SEC regulatory filings.

VCMDX Fund Overview

VCMDX — Vanguard Commodity Strategy Fund is a US mutual fund managed by Vanguard Trustees' Equity Fund, categorised as Commodity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

  • Type: US mutual fund
  • Manager: Vanguard Trustees' Equity Fund
  • Category: Commodity
  • Assets under management: $2.61B
  • 1-year return: 37.9%
  • Ticker: VCMDX
  • SEC CIK: 0000313850
  • SEC series ID: S000065757
  • Share class ID: C000212612

VCMDX Holdings

Top 10 holdings of Vanguard Commodity Strategy Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

Holding% of net assets
Vanguard Cmt Funds-Vanguard Market Liquidity Fund8.34%
United States Treasury Inflation Indexed Bonds4.10%
United States Treasury Inflation Indexed Bonds4.07%
United States Treasury Inflation Indexed Bonds3.94%
United States Treasury Inflation Indexed Bonds3.80%
United States Treasury Inflation Indexed Bonds3.78%
United States Treasury Inflation Indexed Bonds3.64%
United States Treasury Inflation Indexed Bonds3.56%
United States Treasury Inflation Indexed Bonds3.56%
United States Treasury Inflation Indexed Bonds3.53%

View all VCMDX holdings

VCMDX Portfolio Allocation

Asset-class allocation of Vanguard Commodity Strategy Fund by percentage of net assets, from the latest SEC N-PORT filing.

Asset classAllocation
Other71.5%
Fixed Income15.7%
Cash & Equivalents8.3%
Derivatives2.3%

VCMDX Performance

Total returns for VCMDX (as of 2026-08-01), from SEC filings.

PeriodTotal return
YTD23.6%
1 year37.9%
3 years (annualised)14.1%
5 years (annualised)13.4%

VCMDX Risk Information

Risk metrics for VCMDX, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 9.5%

VCMDX Costs and Fees

VCMDX costs about $16 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.16%
  • Gross expense ratio: 0.16%
  • Portfolio turnover: 25%
  • Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

VCMDX Cashflows

Over the 12 months to 2026-04, Vanguard Commodity Strategy Fund had net inflows of $278.48M, from monthly SEC N-PORT filings.

MonthNet flow
2026-04$54.04M
2026-03$56.95M
2026-02$60.53M
2026-01$57.80M
2025-12$277.89M
2025-11−$296.69M

VCMDX Debt Constituents

Largest debt holdings of Vanguard Commodity Strategy Fund by percentage of net assets, from the latest SEC N-PORT filing.

Debt holding% of net assets
United States Treasury Bill1.95%
United States Treasury Bill1.93%
United States Treasury Bill1.78%
United States Treasury Bill1.71%
United States Treasury Bill1.71%
United States Treasury Bill1.60%
United States Treasury Bill1.53%
United States Treasury Bill1.13%
United States Treasury Bill0.84%
United States Treasury Bill0.84%

VCMDX Prospectus and SEC Filings

Official Vanguard Commodity Strategy Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Commodity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.