DJCB vs. CMDY
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DJCB or CMDY.
Correlation
The correlation between DJCB and CMDY is 0.80, 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.
Performance
DJCB vs. CMDY - Performance Comparison
Key characteristics
Returns By Period
DJCB
N/A
N/A
N/A
N/A
N/A
N/A
CMDY
7.32%
1.57%
11.70%
16.86%
9.90%
N/A
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DJCB vs. CMDY - Expense Ratio Comparison
DJCB has a 0.50% expense ratio, which is higher than CMDY's 0.28% expense ratio.
Risk-Adjusted Performance
DJCB vs. CMDY — Risk-Adjusted Performance Rank
DJCB
CMDY
DJCB vs. CMDY - Risk-Adjusted Performance 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.
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 3.94%.
| TTM | 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% |
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF | 3.94% | 4.23% | 5.09% | 3.98% | 16.09% | 0.14% | 2.21% | 1.73% |
Drawdowns
DJCB vs. CMDY - Drawdown Comparison
Volatility
DJCB vs. CMDY - Volatility Comparison
The current volatility for ETRACS Bloomberg Commodity Index Total Return ETN Series B (DJCB) is 0.00%, while iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY) has a volatility of 2.58%. This indicates that DJCB experiences smaller price fluctuations and is considered to be less risky than CMDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.