DJCB vs. CMDY

Last updated Apr 2, 2026

Compare and contrast key facts about ETRACS Bloomberg Commodity Index Total Return ETN Series B (DJCB) and iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY).

DJCB and CMDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DJCB is a passively managed fund by UBS that tracks the performance of the Bloomberg Commodity Index. It was launched on Oct 24, 2019. CMDY is a passively managed fund by iShares that tracks the performance of the Bloomberg Roll Select Commodity Total Return Index. It was launched on Apr 3, 2018. Both DJCB and CMDY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

DJCB vs. CMDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Bloomberg Commodity Index Total Return ETN Series B (DJCB) and iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY). The values are adjusted to include any dividend payments, if applicable.

DJCB vs. CMDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
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%
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF	21.23%	15.81%	5.43%	-9.33%	14.55%	26.38%	1.15%	1.94%

Returns By Period

DJCB

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

CMDY

• 1D: -0.54%
• 1M: 6.54%
• YTD: 21.23%
• 6M: 26.39%
• 1Y: 28.68%
• 3Y*: 12.40%
• 5Y*: 12.67%
• 10Y*: —

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

DJCB vs. CMDY - Expense Ratio Comparison

DJCB has a 0.50% expense ratio, which is higher than CMDY's 0.28% expense ratio.

DJCB

ETRACS Bloomberg Commodity Index Total Return ETN Series B

CMDY

iShares Bloomberg Roll Select Commodity Strategy ETF

Return for Risk

DJCB vs. CMDY — Risk / Return Rank

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

CMDY

CMDY Risk / Return Rank: 84
CMDY Sharpe Ratio Rank: 85
CMDY Sortino Ratio Rank: 84
CMDY Omega Ratio Rank: 82
CMDY Calmar Ratio Rank: 89
CMDY Martin Ratio Rank: 81

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.

DJCB vs. CMDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Bloomberg Commodity Index Total Return ETN Series B (DJCB) and iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY). 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.

Sharpe Ratios by Period

	DJCB	CMDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.75	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.54	—

Correlation

The correlation between DJCB and CMDY is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DJCB vs. CMDY - Dividend Comparison

DJCB has not paid dividends to shareholders, while CMDY's dividend yield for the trailing twelve months is around 10.64%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DJCB ETRACS Bloomberg Commodity Index Total Return ETN Series B	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF	10.64%	12.89%	4.23%	5.10%	3.98%	16.09%	0.15%	2.21%	1.73%

Drawdowns

Drawdown Indicators

	DJCB	CMDY	Difference
Max Drawdown Largest peak-to-trough decline	—	-31.19%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-9.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.56%	—
Current Drawdown Current decline from peak	—	-0.97%	—
Average Drawdown Average peak-to-trough decline	—	-13.38%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.06%	—

Volatility

Volatility by Period

	DJCB	CMDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.43%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	15.63%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	14.54%	—