UPSX vs. DJP

Last updated Jun 5, 2026

UPSX (Tradr 2X Long UPST Daily ETF) and DJP (iPath Bloomberg Commodity Index Total Return ETN) are both exchange-traded funds - UPSX is a Leveraged Equities fund actively managed by Tradr, while DJP is a Commodities fund tracking the Bloomberg Commodity Index. UPSX is actively managed, while DJP is passively managed. At a correlation of -0.11, they often move in opposite directions. UPSX charges 1.30%/yr vs 0.70%/yr for DJP.

Performance

UPSX vs. DJP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long UPST Daily ETF (UPSX) and iPath Bloomberg Commodity Index Total Return ETN (DJP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UPSX achieves a -59.86% return, which is significantly lower than DJP's 29.06% return.

UPSX

• 1D: 13.15%
• 1M: 0.86%
• YTD: -59.86%
• 6M: -66.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DJP

• 1D: -1.20%
• 1M: -3.96%
• YTD: 29.06%
• 6M: 27.44%
• 1Y: 42.60%
• 3Y*: 17.42%
• 5Y*: 12.19%
• 10Y*: 7.09%

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

UPSX vs. DJP - Yearly Performance Comparison

	2026 (YTD)	2025
UPSX Tradr 2X Long UPST Daily ETF	-59.86%	-60.75%
DJP iPath Bloomberg Commodity Index Total Return ETN	29.06%	10.10%

Correlation

The correlation between UPSX and DJP is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 11, 2025	-0.11

Return for Risk

UPSX vs. DJP — Risk / Return Rank

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

DJP

DJP Risk / Return Rank: 71
DJP Sharpe Ratio Rank: 70
DJP Sortino Ratio Rank: 61
DJP Omega Ratio Rank: 68
DJP Calmar Ratio Rank: 87
DJP Martin Ratio Rank: 69

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.

UPSX vs. DJP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long UPST Daily ETF (UPSX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	UPSX	DJP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.26	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.65	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.60	-0.00	-0.60

Drawdowns

UPSX vs. DJP - Drawdown Comparison

The maximum UPSX drawdown since its inception was -95.01%, which is greater than DJP's maximum drawdown of -78.35%. Use the drawdown chart below to compare losses from any high point for UPSX and DJP.

Drawdown Indicators

	UPSX	DJP	Difference
Max Drawdown Largest peak-to-trough decline	-95.01%	-78.35%	-16.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.61%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.98%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.36%	—
Current Drawdown Current decline from peak	-92.09%	-33.63%	-58.46%
Average Drawdown Average peak-to-trough decline	-66.13%	-50.86%	-15.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.38%	—

Volatility

Volatility by Period

	UPSX	DJP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	141.15%	18.97%	+122.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	141.15%	18.96%	+122.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	141.15%	17.07%	+124.08%

UPSX vs. DJP - Expense Ratio Comparison

UPSX has a 1.30% expense ratio, which is higher than DJP's 0.70% expense ratio.

Dividends

UPSX vs. DJP - Dividend Comparison

Neither UPSX nor DJP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both UPSX and DJP in my portfolio?

UPSX and DJP have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UPSX or DJP?

On fees, DJP is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UPSX or DJP?

DJP is cheaper with a 0.70% expense ratio, compared with 1.30% for UPSX.

Which ETF pays a higher dividend yield, UPSX or DJP?

UPSX and DJP have nearly identical dividend yields, around 0.00%.

What is the main difference between UPSX and DJP?

UPSX is categorized as Leveraged Equities, while DJP is Commodities. They also come from different issuers: Tradr and Barclays Capital. Their fees differ too: 1.30% for UPSX and 0.70% for DJP.