(DJP) iPath Bloomberg Commodity - NYSE
ETF Category: Commodities Broad Basket | Exchange: NYSE (USA) | Market Cap: 928m USD | Total Return: 28.5% in 12m
Avg Turnover: 3.39M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
The iPath® Bloomberg Commodity Index Total Return ETN (DJP) provides exposure to a diversified basket of physical commodity futures contracts. The index tracks the performance of an unleveraged investment in these contracts, combined with the interest yield generated from cash collateral held in U.S. Treasury Bills. As an exchange-traded note (ETN), DJP is a senior, unsecured debt security issued by a financial institution, rather than a fund that holds physical assets.
The underlying index utilizes an annual rebalancing mechanism and a rolling schedule for futures contracts to maintain consistent market exposure. Unlike equity ETFs, commodity ETNs are subject to the credit risk of the issuing bank and are designed to reflect the price movements of raw materials such as energy, agriculture, and metals. Investors can review more granular performance metrics and risk factors for this security on ValueRay.
The broad commodity sector often serves as a hedge against inflation, as the prices of raw materials typically rise when the purchasing power of currency declines. This specific ETN structure allows investors to access commodity markets without the logistical challenges of physical storage or the complexities of managing individual futures accounts.
- Global energy and industrial metal demand drives underlying futures prices
- Federal Reserve interest rate policy impacts Treasury Bill collateral yield
- Geopolitical instability increases volatility across broad commodity index components
- Roll yield dynamics during contract expiration affect total return performance
As of June 29, 2026, the stock is trading at USD 43.65 with a total of 50,568 shares traded. Over the past week, the price has changed by -3.02%, over one month by -10.46%, over three months by -9.25% and over the past year by +28.46%.
Current recommended Stop Loss: 42.70 (which is 2.2% or 1.4 ATR below the current price).
iPath Bloomberg Commodity has no consensus analysts rating.