ISCMF vs. DJCB

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Diversified Commodity Swap UCITS ETF (ISCMF) and ETRACS Bloomberg Commodity Index Total Return ETN Series B (DJCB).

ISCMF and DJCB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ISCMF is a passively managed fund by iShares that tracks the performance of the Bloomberg Commodity Index. It was launched on Mar 4, 2022. DJCB is a passively managed fund by UBS that tracks the performance of the Bloomberg Commodity Index. It was launched on Oct 24, 2019. Both ISCMF and DJCB 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

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.

ISCMF vs. DJCB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ISCMF iShares Diversified Commodity Swap UCITS ETF	17.84%	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%

Returns By Period

ISCMF

• 1D: 0.00%
• 1M: 7.22%
• YTD: 17.84%
• 6M: 26.76%
• 1Y: 29.86%
• 3Y*: 12.27%
• 5Y*: —
• 10Y*: —

DJCB

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

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

ISCMF vs. DJCB - Expense Ratio Comparison

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

DJCB

ETRACS Bloomberg Commodity Index Total Return ETN Series B

ISCMF

iShares Diversified Commodity Swap UCITS ETF

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: 94
ISCMF Sharpe Ratio Rank: 86
ISCMF Sortino Ratio Rank: 96
ISCMF Omega Ratio Rank: 99
ISCMF Calmar Ratio Rank: 97
ISCMF Martin Ratio Rank: 91

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	1.79	—	—
Sortino ratio Return per unit of downside risk	3.44	—	—
Omega ratio Gain probability vs. loss probability	2.36	—	—
Calmar ratio Return relative to maximum drawdown	5.25	—	—
Martin ratio Return relative to average drawdown	12.38	—	—
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	1.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	—	—

Correlation

The correlation between ISCMF and DJCB is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

ISCMF vs. DJCB - Dividend Comparison

Neither ISCMF nor DJCB has paid dividends to shareholders.

Tickers have no history of dividend payments

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%	—	—
Current Drawdown Current decline from peak	-2.55%	—	—
Average Drawdown Average peak-to-trough decline	-13.98%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.41%	—	—

Volatility

Volatility by Period

	ISCMF	DJCB	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.72%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.05%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.05%	—	—