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ETRACS Bloomberg Commodity Index Total Return ETN ...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
UBS
Inception Date
Oct 24, 2019
Category
Commodities
Leveraged
1x (No leverage)
Index Tracked
Bloomberg Commodity Index
Distribution Policy
Accumulating
Asset Class
Commodity

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ETRACS Bloomberg Commodity Index Total Return ETN Series B, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period


ETRACS Bloomberg Commodity Index Total Return ETN Series B

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.27%-1.37%3.35%2.25%4.14%-4.27%-3.73%0.88%5.08%2.22%-6.53%1.77%3.39%
2023-0.55%-5.03%-0.29%-0.87%-6.02%4.30%6.64%-0.91%-0.85%0.42%-2.69%-2.81%-8.96%
20229.21%6.62%8.59%4.73%1.59%-11.39%4.48%0.04%-8.62%2.06%2.91%-2.66%16.39%
20212.70%6.97%-2.31%9.03%2.72%2.07%1.77%-0.36%5.25%2.79%-7.76%3.72%28.75%
2020-7.84%-5.25%-14.67%-1.28%4.42%2.86%6.27%7.23%-3.70%1.13%3.96%5.41%-3.90%
20190.10%-3.12%5.46%2.27%

Benchmark Metrics

ETRACS Bloomberg Commodity Index Total Return ETN Series B has an annualized alpha of 5.10%, beta of 0.27, and R² of 0.06 versus S&P 500 Index. Calculated based on daily prices since October 28, 2019.

  • This ETF participated in 45.34% of S&P 500 Index downside but only 36.67% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.27 may look defensive, but with R² of 0.06 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.06 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
5.10%
Beta
0.27
0.06
Upside Capture
36.67%
Downside Capture
45.34%

Expense Ratio

DJCB has an expense ratio of 0.50%, placing it in the medium range.


Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for ETRACS Bloomberg Commodity Index Total Return ETN Series B (DJCB) and compare them to a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Dividends

Dividend History


ETRACS Bloomberg Commodity Index Total Return ETN Series B doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the ETRACS Bloomberg Commodity Index Total Return ETN Series B. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ETRACS Bloomberg Commodity Index Total Return ETN Series B was 34.00%, occurring on Apr 28, 2020. Recovery took 245 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34%Nov 11, 2019116Apr 28, 2020245Apr 22, 2021361
-27.56%Jun 7, 2022543Aug 5, 2024
-11.99%Mar 8, 20226Mar 15, 202222Apr 14, 202228
-10.82%Oct 26, 202126Dec 1, 202138Jan 26, 202264
-8.66%Apr 19, 202216May 10, 202218Jun 6, 202234

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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