NIB

iPath Bloomberg Cocoa Subindex Total Return ETN
C

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

NIB Fund Description

The iPath Bloomberg Cocoa Subindex Total Return ETN tracks an index that holds a single cocoa futures contract, with varying maturity.

NIB Factset Analytics Insight

NIB is the most liquid choice in the cocoa segment, offering small trading spreads and reasonable volume. The note tracks an index of a single cocoa futures contract starting two or three months from maturity, according to a fixed schedule, and held until shortly before expiration. The note tracks contracts starting three months out from August through January, and two months out the rest of the year. Although this methodology does not perfectly imitate our segment benchmark—which uses front-month contracts year-round—NIB still serves as a decent proxy for spot cocoa prices.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:

NIB Top 10 Contracts

NIB Summary Data

iPath
06/24/08
Exchange-Traded Note
0.7%
$74.52M
$2.55M
0.14%

NIB Portfolio Data

Futures
Extended Term
Annually
--

NIB Index Data

Single Asset
Single Asset
S&P GSCI Cocoa

Related ETFs to NIB

CHOC
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

NIB Portfolio Management

0.7%
-2.59%
-1.51%
-3.13%

NIB Tax Exposures

20% / 39.6%
--
No

NIB Fund Structure

Exchange-Traded Note
No
N/A
Barclays Bank PLC
Low
Low
None
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
----
----
----
----
BIDS----
----
----
----
----
LAST 10 TRADES
TIMEPRICESHARES
13:23:1025.88500
11:29:1825.89100
------
------
------
------
------
------
------
------
Bats BZX Real-time Quote - 23:59:59
Daily Spread
Premium/Discount
Volume

NIB Factset Analytics Block Liquidity

As of 11/22/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of NIB. NIB is rated a 5 out of 5.

NIB Tradability

99,965
$2.55M
71,252
$1.74M
0.14%
$0.03
0.02%
2.09% / -2.42%
None
100%
30,000
2.38
0.00%
--
4,038
$25.8
5

NIB Sector Breakdown

NIBSegment Benchmark
100.00% 100.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%

NIB Top 10 Targeted Commodity Weights

NIB Tenor Strategy

NIB tracks a single contract starting two or three months from maturity, according to a fixed schedule, and holds until shortly before expiration.

NIB Performance Statistics

1
1.05
1.04
1.05
0%

NIB Rolling Strategy

NIB rolls contracts between the 6th and 10th business day of pre-determined roll months.