iPath Bloomberg Commodity Index Total Return ETN (DJP) Sharpe Ratio: 2.37

DJP's Sharpe Ratio of 2.37 indicates that for each unit of volatility, it generates 2.37 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

DJP Sharpe Ratio Rank

Above Average

DJP ranks above 71.9% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Above-average risk-adjusted returns with room for improvement
Compare against category peers to gauge relative positioning
Monitor for movement toward top tier or decline toward median
Consider pairing with top-tier holdings to improve portfolio efficiency

DJP Sharpe Ratio Market Positioning

The chart shows DJP's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.91 or lower
Yellow zone (middle 50%): 0.91 to 2.51
Green zone (top 25%): 2.51 or higher
Top 1%: 7.84+
Median: 1.76 — half of all investments score higher

How it compares to other similar ETFs

The table compares iPath Bloomberg Commodity Index Total Return ETN's Sharpe Ratio with other ETFs in the Commodities category across multiple time periods, showing how DJP's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

Symbol	Name	1Y Sharpe Ratio
BWET	Breakwave Tanker Shipping ETF	16.94
BDRY	Breakwave Dry Bulk Shipping ETF	3.67
FAAR	First Trust Alternative Absolute Return Strategy ETF	3.09
ZSB	USCF Sustainable Battery Metals Strategy Fund	2.99
PIT	VanEck Commodity Strategy ETF	2.96
EVMT	Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF	2.95
CMDT	PIMCO Commodity Strategy Active Exchange-Traded Fund	2.93
ZSC	USCF Sustainable Commodity Strategy Fund	2.91
CERY	SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF	2.91
FTGC	First Trust Global Tactical Commodity Strategy Fund	2.72
DJP	iPath Bloomberg Commodity Index Total Return ETN	2.37

Benchmark Against

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S&P 500 Index

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Historical Sharpe Ratio

The chart shows DJP's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when DJP consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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How does DJP fit in your portfolio?

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