CMCC is framed as the non-leveraged base for CMCL, carrying a lower fee than the leveraged version while using the same underlying series.
CMCC is identified as the non-leveraged version that CMCL maps to, with the video citing a 65 bps fee on the non-leveraged product versus 85 bps on CMCL. The point is structural: CMCL increases leverage while maintaining a similar product family approach.
"BREAKING: Global-X Launches CMCL: "All In One" Commodity Producer Covered Call ETF!"