HFSP vs. DJP
HFSP (TradersAI Large Cap Equity & Cash ETF) and DJP (iPath Bloomberg Commodity Index Total Return ETN) are both exchange-traded funds - HFSP is a Long-Short fund actively managed by TradersAI, while DJP is a Commodities fund tracking the Bloomberg Commodity Index. HFSP is actively managed, while DJP is passively managed. Over the past year, HFSP returned -21.48% vs 26.02% for DJP. At a correlation of -0.07, they often move in opposite directions. HFSP charges 1.25%/yr vs 0.70%/yr for DJP.
Performance
HFSP vs. DJP - Performance Comparison
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Returns By Period
In the year-to-date period, HFSP achieves a -8.37% return, which is significantly lower than DJP's 17.18% return.
HFSP
- 1D
- 0.00%
- 1M
- -2.51%
- YTD
- -8.37%
- 6M
- -8.88%
- 1Y
- -21.48%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DJP
- 1D
- -1.45%
- 1M
- -10.97%
- YTD
- 17.18%
- 6M
- 15.04%
- 1Y
- 26.02%
- 3Y*
- 12.62%
- 5Y*
- 10.72%
- 10Y*
- 6.24%
HFSP vs. DJP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
HFSP TradersAI Large Cap Equity & Cash ETF | -8.37% | -24.01% | 0.75% |
DJP iPath Bloomberg Commodity Index Total Return ETN | 17.18% | 17.20% | -0.27% |
Correlation
The correlation between HFSP and DJP is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2024 | -0.07 |
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Return for Risk
HFSP vs. DJP — Risk / Return Rank
HFSP
DJP
HFSP vs. DJP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TradersAI Large Cap Equity & Cash ETF (HFSP) and iPath Bloomberg Commodity Index Total Return ETN (DJP). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HFSP | DJP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.57 | ||
| Sortino ratioReturn per unit of downside risk | -3.40 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 1.25 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 1.78 | -2.62 |
| Martin ratioReturn relative to average drawdown | -1.43 | 6.99 | -8.42 |
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Drawdowns
HFSP vs. DJP - Drawdown Comparison
The maximum HFSP drawdown since its inception was -34.84%, smaller than the maximum DJP drawdown of -78.35%. Use the drawdown chart below to compare losses from any high point for HFSP and DJP.
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Drawdown Indicators
| HFSP | DJP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.84% | -78.35% | +43.51% |
Max Drawdown (1Y)Largest decline over 1 year | -25.82% | -14.66% | -11.16% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.98% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.36% | — |
Current DrawdownCurrent decline from peak | -33.96% | -39.74% | +5.78% |
Average DrawdownAverage peak-to-trough decline | -17.54% | -50.82% | +33.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.08% | 3.76% | +11.32% |
Volatility
HFSP vs. DJP - Volatility Comparison
TradersAI Large Cap Equity & Cash ETF (HFSP) has a higher volatility of 4.52% compared to iPath Bloomberg Commodity Index Total Return ETN (DJP) at 4.23%. This indicates that HFSP's price experiences larger fluctuations and is considered to be riskier than DJP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HFSP | DJP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 4.23% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 12.59% | 16.88% | -4.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.12% | 19.24% | -1.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.30% | 18.95% | +5.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.30% | 17.06% | +7.24% |
HFSP vs. DJP - Expense Ratio Comparison
HFSP has a 1.25% expense ratio, which is higher than DJP's 0.70% expense ratio.
Dividends
HFSP vs. DJP - Dividend Comparison
Neither HFSP nor DJP has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
DJP iPath Bloomberg Commodity Index Total Return ETN | 0.00% | 0.00% | 0.00% |
HFSP TradersAI Large Cap Equity & Cash ETF | 0.00% | 0.00% | 1.53% |
Frequently Asked Questions
HFSP and DJP have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HFSP has higher volatility (4.52%) compared to DJP (4.23%). In terms of maximum drawdown, HFSP dropped -34.84% vs DJP's -78.35%.
On 1-year performance, DJP leads with 26.02% vs -21.48% for HFSP. On fees, DJP is cheaper at 0.70% per year. On volatility, DJP has been the lower-risk option at 4.23%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DJP has performed better with a 26.02% return vs -21.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DJP is cheaper with a 0.70% expense ratio, compared with 1.25% for HFSP.
HFSP and DJP have nearly identical dividend yields, around 0.00%.
HFSP is categorized as Long-Short, while DJP is Commodities. They also come from different issuers: TradersAI and Barclays Capital. Their fees differ too: 1.25% for HFSP and 0.70% for DJP.
DJP currently has the higher Sharpe Ratio (1.37 vs -1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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