AMND vs. DJCB

Last updated Jun 4, 2026

AMND (ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050) and DJCB (ETRACS Bloomberg Commodity Index Total Return ETN Series B) are both exchange-traded funds - AMND is a Energy Equities fund tracking the Alerian Midstream Energy Dividend Index, while DJCB is a Commodities fund tracking the Bloomberg Commodity Index. Both are passively managed. At a 0.41 correlation, their price movements are largely independent. AMND charges 0.75%/yr vs 0.50%/yr for DJCB.

Performance

AMND vs. DJCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and ETRACS Bloomberg Commodity Index Total Return ETN Series B (DJCB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMND

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DJCB

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMND vs. DJCB - Yearly Performance Comparison

	2024	2023	2022	2021	2020
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	40.42%	13.60%	21.27%	34.91%	10.45%
DJCB ETRACS Bloomberg Commodity Index Total Return ETN Series B	3.39%	-8.96%	16.39%	28.75%	18.35%

Correlation

The correlation between AMND and DJCB is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (All Time) Calculated using the full available price history since Jul 17, 2020	0.41

Over the past year, the correlation between AMND and DJCB has dropped to 0.11 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.

Return for Risk

AMND vs. DJCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and ETRACS Bloomberg Commodity Index Total Return ETN Series B (DJCB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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

Drawdowns

Volatility

AMND vs. DJCB - Expense Ratio Comparison

AMND has a 0.75% expense ratio, which is higher than DJCB's 0.50% expense ratio.

Dividends

AMND vs. DJCB - Dividend Comparison

Neither AMND nor DJCB has paid dividends to shareholders.

Position	TTM	2023	2022	2021	2020
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	6.56%	6.37%	7.10%	2.49%
DJCB ETRACS Bloomberg Commodity Index Total Return ETN Series B	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMND and DJCB in my portfolio?

AMND and DJCB have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMND or DJCB?

On fees, DJCB is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMND or DJCB?

DJCB is cheaper with a 0.50% expense ratio, compared with 0.75% for AMND.

Which ETF pays a higher dividend yield, AMND or DJCB?

AMND and DJCB have nearly identical dividend yields, around 0.00%.

What is the main difference between AMND and DJCB?

AMND is categorized as Energy Equities, while DJCB is Commodities. AMND tracks Alerian Midstream Energy Dividend Index, while DJCB tracks Bloomberg Commodity Index. Their fees differ too: 0.75% for AMND and 0.50% for DJCB.