ISCMF vs. DJCB

Last updated Jun 4, 2026

ISCMF (iShares Diversified Commodity Swap UCITS ETF) and DJCB (ETRACS Bloomberg Commodity Index Total Return ETN Series B) are both Commodities funds tracking the Bloomberg Commodity Index, from iShares and UBS respectively. Both are passively managed. At a correlation of -0.01, they often move in opposite directions. ISCMF charges 0.19%/yr vs 0.50%/yr for DJCB.

Performance

ISCMF vs. DJCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Diversified Commodity Swap UCITS ETF (ISCMF) 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

ISCMF

• 1D: 0.00%
• 1M: -0.67%
• YTD: 22.87%
• 6M: 27.76%
• 1Y: 37.85%
• 3Y*: 15.20%
• 5Y*: —
• 10Y*: —

DJCB

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

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

ISCMF vs. DJCB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ISCMF iShares Diversified Commodity Swap UCITS ETF	22.87%	19.65%	3.13%	-9.58%	-5.08%
DJCB ETRACS Bloomberg Commodity Index Total Return ETN Series B	0.00%	0.00%	3.39%	-8.96%	-7.54%

Correlation

The correlation between ISCMF and DJCB is -0.01, 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 (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022	-0.01

Return for Risk

ISCMF vs. DJCB — Risk / Return Rank

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

ISCMF

ISCMF Risk / Return Rank: 83
ISCMF Sharpe Ratio Rank: 61
ISCMF Sortino Ratio Rank: 83
ISCMF Omega Ratio Rank: 99
ISCMF Calmar Ratio Rank: 93
ISCMF Martin Ratio Rank: 80

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.

ISCMF vs. DJCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Diversified Commodity Swap UCITS ETF (ISCMF) 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.

	ISCMF	DJCB	Difference
Sharpe ratio: Return per unit of total volatility	2.05	—	—
Sortino ratio: Return per unit of downside risk	3.74	—	—
Omega ratio: Gain probability vs. loss probability	2.53	—	—
Calmar ratio: Return relative to maximum drawdown	6.69	—	—
Martin ratio: Return relative to average drawdown	15.68	—	—
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

	ISCMF	DJCB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	—	—

Drawdowns

Drawdown Indicators

	ISCMF	DJCB	Difference
Max Drawdown Largest peak-to-trough decline	-25.42%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-5.69%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.62%	—	—
Current Drawdown Current decline from peak	-5.26%	—	—
Average Drawdown Average peak-to-trough decline	-13.43%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	—	—

Volatility

Volatility by Period

	ISCMF	DJCB	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.53%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.38%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.38%	—	—

ISCMF vs. DJCB - Expense Ratio Comparison

ISCMF has a 0.19% expense ratio, which is lower than DJCB's 0.50% expense ratio.

Dividends

ISCMF vs. DJCB - Dividend Comparison

Neither ISCMF nor DJCB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ISCMF and DJCB in my portfolio?

ISCMF and DJCB have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ISCMF or DJCB?

On fees, ISCMF is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ISCMF or DJCB?

ISCMF is cheaper with a 0.19% expense ratio, compared with 0.50% for DJCB.

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

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

What is the main difference between ISCMF and DJCB?

Both ETFs track Bloomberg Commodity Index. They also come from different issuers: iShares and UBS. Their fees differ too: 0.19% for ISCMF and 0.50% for DJCB.