Ipath Bloomberg Commodity Etf Profile
| DJP Etf | USD 31.56 0.26 0.82% |
Performance4 of 100
| Odds Of DistressLess than 9
|
IPath Bloomberg is selling at 31.56 as of the 28th of November 2024; that is 0.82% down since the beginning of the trading day. The etf's last reported lowest price was 31.53. IPath Bloomberg has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for iPath Bloomberg Commodity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The Dow Jones-UBS Commodity Index Total ReturnService Mark reflects the returns that are potentially available through an unleveraged investment in the futures contracts on physical commodities comprising the index plus the rate of interest that could be earned on cash collateral invested in specified Treasury Bills. More on iPath Bloomberg Commodity
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IPath Etf Highlights
| Thematic Idea | Broad Commodities ETFs (View all Themes) |
| Business Concentration | Broad Commodities ETFs, Commodities Broad Basket, Milleis Investissements Funds (View all Sectors) |
| Issuer | Barclays Capital |
| Inception Date | 2006-06-06 |
| Benchmark | Bloomberg Commodity USD Total Return Index |
| Entity Type | Exchange-Traded Note |
| Asset Under Management | 526.29 Million |
| Average Trading Valume | 48,918.1 |
| Asset Type | Commodities |
| Category | Broad Commodities |
| Focus | Broad Commodities |
| Market Concentration | Blended Development |
| Region | Global |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Market Maker | Virtu Financial |
| Country Name | USA |
| Returns Y T D | 4.7 |
| Name | iPath Bloomberg Commodity Index Total Return ETN |
| Currency Code | USD |
| Open Figi | BBG000JL50K4 |
| In Threey Volatility | 17.38 |
| 1y Volatility | 10.91 |
| 200 Day M A | 31.5768 |
| 50 Day M A | 31.9034 |
| Code | DJP |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.05) |
| Type | ETF |
iPath Bloomberg Commodity [DJP] is traded in USA and was established 2006-06-06. The fund is classified under Commodities Broad Basket category within Milleis Investissements Funds family. The entity is thematically classified as Broad Commodities ETFs. iPath Bloomberg Commodity currently have 1.01 B in assets under management (AUM). , while the total return for the last 3 years was 3.2%.
Check IPath Bloomberg Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IPath Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IPath Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iPath Bloomberg Commodity Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top iPath Bloomberg Commodity Etf Constituents
| Industrial Metals | 14.56% |
| Grains Oilseeds | 19.07% |
| Energy | 39.79% |
| Precious Metals | 13.59% |
| Livestock | 4.84% |
| Softs | 8.14% |
IPath Bloomberg Top Holders
| BCSAX | Blackrock Commodity Strategies | Mutual Fund | Commodities Broad Basket | |
| BCSCX | Blackrock Commodity Strategies | Mutual Fund | Commodities Broad Basket | |
| BCSKX | Blackrock Commodity Strategies | Mutual Fund | Commodities Broad Basket | |
| BICSX | Blackrock Commodity Strategies | Mutual Fund | Commodities Broad Basket |
iPath Bloomberg Commodity Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IPath Bloomberg. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0393 | |||
| Jensen Alpha | 0.043 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.08) |
IPath Bloomberg Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iPath Bloomberg Commodity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of iPath Bloomberg Commodity is measured differently than its book value, which is the value of IPath that is recorded on the company's balance sheet. Investors also form their own opinion of IPath Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is IPath Bloomberg's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IPath Bloomberg's market value can be influenced by many factors that don't directly affect IPath Bloomberg's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IPath Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if IPath Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IPath Bloomberg's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.