AMUB vs. DJCB

Last updated Jun 4, 2026

AMUB (ETRACS Alerian MLP Index ETN Class B) and DJCB (ETRACS Bloomberg Commodity Index Total Return ETN Series B) are both exchange-traded funds - AMUB is a MLPs fund tracking the Alerian MLP Index, while DJCB is a Commodities fund tracking the Bloomberg Commodity Index. Both are passively managed. At a 0.32 correlation, their price movements are largely independent. AMUB charges 0.80%/yr vs 0.50%/yr for DJCB.

Performance

AMUB vs. DJCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Alerian MLP Index ETN Class B (AMUB) 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

AMUB

• 1D: -0.23%
• 1M: -2.08%
• YTD: 16.97%
• 6M: 15.25%
• 1Y: 15.77%
• 3Y*: 15.80%
• 5Y*: 12.34%
• 10Y*: 3.05%

DJCB

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

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

AMUB vs. DJCB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
AMUB ETRACS Alerian MLP Index ETN Class B	16.97%	2.05%	15.68%	16.89%	21.91%	28.83%	-36.47%	-1.79%
DJCB ETRACS Bloomberg Commodity Index Total Return ETN Series B	0.00%	0.00%	3.39%	-8.96%	16.39%	28.75%	-3.90%	2.27%

Correlation

The correlation between AMUB and DJCB is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (All Time) Calculated using the full available price history since Oct 28, 2019	0.32

The correlation between AMUB and DJCB shifts across timeframes, from 0.15 (3 years) to 0.32 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AMUB vs. DJCB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMUB

AMUB Risk / Return Rank: 31
AMUB Sharpe Ratio Rank: 32
AMUB Sortino Ratio Rank: 31
AMUB Omega Ratio Rank: 30
AMUB Calmar Ratio Rank: 31
AMUB Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMUB vs. DJCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian MLP Index ETN Class B (AMUB) 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.

	AMUB	DJCB	Difference
Sharpe ratio Return per unit of total volatility	1.18	—	—
Sortino ratio Return per unit of downside risk	1.69	—	—
Omega ratio Gain probability vs. loss probability	1.20	—	—
Calmar ratio Return relative to maximum drawdown	1.53	—	—
Martin ratio Return relative to average drawdown	4.52	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AMUB	DJCB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	—	—

Drawdowns

Drawdown Indicators

	AMUB	DJCB	Difference
Max Drawdown Largest peak-to-trough decline	-79.46%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.37%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.22%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-78.86%	—	—
Current Drawdown Current decline from peak	-6.15%	—	—
Average Drawdown Average peak-to-trough decline	-29.23%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.51%	—	—

Volatility

Volatility by Period

	AMUB	DJCB	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.60%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.24%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.09%	—	—

AMUB vs. DJCB - Expense Ratio Comparison

AMUB has a 0.80% expense ratio, which is higher than DJCB's 0.50% expense ratio.

Dividends

AMUB vs. DJCB - Dividend Comparison

Neither AMUB nor DJCB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AMUB and DJCB in my portfolio?

AMUB and DJCB have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMUB 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, AMUB or DJCB?

DJCB is cheaper with a 0.50% expense ratio, compared with 0.80% for AMUB.

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

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

What is the main difference between AMUB and DJCB?

AMUB is categorized as MLPs, while DJCB is Commodities. AMUB tracks Alerian MLP Index, while DJCB tracks Bloomberg Commodity Index. Their fees differ too: 0.80% for AMUB and 0.50% for DJCB.