DJCB vs. MVRL

Last updated Jun 5, 2026

DJCB (ETRACS Bloomberg Commodity Index Total Return ETN Series B) and MVRL (ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN) are both exchange-traded funds - DJCB is a Commodities fund tracking the Bloomberg Commodity Index, while MVRL is a REIT fund tracking the MVIS US Mortgage REITs Index (150%). Both are passively managed. At a 0.17 correlation, their price movements are largely independent. DJCB charges 0.50%/yr vs 0.95%/yr for MVRL.

Performance

DJCB vs. MVRL - 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 ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DJCB

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

MVRL

• 1D: 2.18%
• 1M: -6.30%
• YTD: -3.14%
• 6M: -2.46%
• 1Y: 14.65%
• 3Y*: 8.41%
• 5Y*: -8.32%
• 10Y*: —

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

DJCB vs. MVRL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
DJCB ETRACS Bloomberg Commodity Index Total Return ETN Series B	0.00%	0.00%	3.39%	-8.96%	16.39%	28.75%	24.19%
MVRL ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN	-3.14%	14.96%	-3.45%	12.30%	-42.41%	21.71%	57.90%

Correlation

The correlation between DJCB and MVRL is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.17

Return for Risk

DJCB vs. MVRL — Risk / Return Rank

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

MVRL

MVRL Risk / Return Rank: 18
MVRL Sharpe Ratio Rank: 18
MVRL Sortino Ratio Rank: 19
MVRL Omega Ratio Rank: 18
MVRL Calmar Ratio Rank: 18
MVRL Martin Ratio Rank: 18

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. MVRL - 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 ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (MVRL). 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	MVRL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.54	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.13	—

Drawdowns

Drawdown Indicators

	DJCB	MVRL	Difference
Max Drawdown Largest peak-to-trough decline	—	-60.25%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-20.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-32.20%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-60.25%	—
Current Drawdown Current decline from peak	—	-38.62%	—
Average Drawdown Average peak-to-trough decline	—	-31.81%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.56%	—

Volatility

Volatility by Period

	DJCB	MVRL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	27.25%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	36.56%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	37.63%	—

DJCB vs. MVRL - Expense Ratio Comparison

DJCB has a 0.50% expense ratio, which is lower than MVRL's 0.95% expense ratio.

Dividends

DJCB vs. MVRL - Dividend Comparison

DJCB has not paid dividends to shareholders, while MVRL's dividend yield for the trailing twelve months is around 20.76%.

Position	TTM	2025	2024	2023	2022	2021	2020
DJCB ETRACS Bloomberg Commodity Index Total Return ETN Series B	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MVRL ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN	20.76%	19.15%	19.27%	18.69%	25.21%	12.33%	5.63%

Frequently Asked Questions

Can I hold both DJCB and MVRL in my portfolio?

DJCB and MVRL have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DJCB or MVRL?

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, DJCB or MVRL?

DJCB is cheaper with a 0.50% expense ratio, compared with 0.95% for MVRL.

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

MVRL has the higher dividend yield at 20.76%, compared with 0.00% for DJCB.

What is the main difference between DJCB and MVRL?

DJCB is categorized as Commodities, while MVRL is REIT. DJCB tracks Bloomberg Commodity Index, while MVRL tracks MVIS US Mortgage REITs Index (150%). Their fees differ too: 0.50% for DJCB and 0.95% for MVRL.