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ETFs

ETRACS Bloomberg Commodity Index Total Return ETN Series B due October 31, 2039

DJCB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 24 2019
Expense Ratio
0.50%
Type
Global Commodities & Metals
Fund Owner
UBS
Volume (1m avg. daily)
$7,280
AUM
$44,688,000
Associated Index
Bloomberg Commodity USD Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View
Invest with DJCB

What is DJCB?

The ETRACS Bloomberg Commodity Total Return Index Exchange Traded Note Series B is designed to track the performance of the Bloomberg Commodity Index TR (the Index ), less investor fees. The Index is designed to provide diversified commodity exposure with weightings based on each underlying commodity s liquidity and economic significance. The Index measures the collateralized returns from a basket of 23 commodity futures contracts representing the energy, precious metals, industrial metals, grains, softs and livestock sectors. In addition, the Index is rebalanced once a year to ensure that no commodity sector may constitute more than 33% of the Index as of the date of such rebalancing.

ETFs related toDJCB

ETFs correlated to DJCB include DJP, BCI, BCD

DJCB
UBS AG London Branch - ETRACS Bloomberg Commodity Index Total Return ETN
DJP
Barclays Bank PLC - iPath Bloomberg Commodity Total Return ETN
BCI
abrdn ETF - abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCD
abrdn ETF - abrdn Bloomberg All Comm Longer Dt Strategy K-1 Free ETF
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy Fund
DBC
DB Commodity Services LLC - Invesco DB Commodity Index Tracking Fund
PDBC
Invesco Capital Management LLC - Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
GSG
BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed Trust
COMT
BlackRock Institutional Trust Company N.A. - iShares GSCI Commodity Dynamic Roll Strategy ETF
USCI
United States Commodity Funds LLC - United States Commodity Index Fund
CMDT
Pimco Exchange Traded Fund - PIMCO Commodity Strategy Active Exchange-Traded Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDJCB

#SPIRAL

Stoic Finance Presents: Inflation Spiral Hedge

Category

Community

Risk Rating

Aggressive

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with DJCB using Composer

FAQ

DJCB is a Global Commodities & Metals ETF. The ETRACS Bloomberg Commodity Total Return Index Exchange Traded Note Series B is designed to track the performance of the Bloomberg Commodity Index TR (the Index ), less investor fees. The Index is designed to provide diversified commodity exposure with weightings based on each underlying commodity s liquidity and economic significance. The Index measures the collateralized returns from a basket of 23 commodity futures contracts representing the energy, precious metals, industrial metals, grains, softs and livestock sectors. In addition, the Index is rebalanced once a year to ensure that no commodity sector may constitute more than 33% of the Index as of the date of such rebalancing.

DJCB tracks the Bloomberg Commodity USD Index.

No, DJCB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DJCB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DJCB is 0.0148%. This is the percent change in the value of DJCB over the most recent 1-month period. The 3-month return on DJCB is 0.046%. This is the percent change in the value of DJCB over the most recent 3-month period.

The standard deviation of DJCB for the past year is 0.1718%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DJCB include NBCM, UCIB, and CMDY.

ETFs correlated to DJCB include DJP, BCI, and BCD.

ETFs that are inversely correlated to DJCB include SCO, DRIP, and OILD.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.