NIB

iPath Bloomberg Cocoa Subindex Total Return ETN
C

88
*Unless otherwise stated, data provided by FactSet.

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.

NIB CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/12/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
NIB 2.64% -4.24% 29.67% 36.28% -11.79% -0.17% -4.40%
NIB (NAV) 2.14% -4.54% 29.42% 36.35% -11.78% -0.19% -4.37%
Bloomberg Cocoa Subindex Total Return 2.01% -3.99% 26.78% 33.29% -10.49% 0.65% -4.37%
S&P GSCI Cocoa -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

NIB Top 10 Holdings

This chart is unavailable

NIB Summary Data

iPath
06/24/08
Exchange-Traded Note
0.70%
$32.83M
$1.51M
0.17%

NIB Portfolio Data

Futures
Extended Term
Annually
--

NIB Index Data

Single Asset
Single Asset
S&P GSCI Cocoa

NIB Portfolio Management

0.70%
-1.78%
5.79%
-3.10%

NIB Tax Exposures

20.00% / 39.60%
--
No

NIB Fund Structure

Exchange-Traded Note
No
N/A
Barclays Bank PLC
Low
High
None
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

NIB Factset Analytics Block Liquidity

As of 07/18/18
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

50,411
$1.51M
44,298
$1.32M
0.17%
$0.05
-0.04%
1.45% / -1.56%
None
100.00%
30,000
1.48
0.00%
--
727
$28.44
5

NIB SECTOR BREAKDOWN


NIB
Segment Benchmark
100.00%
100.00%

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 Rolling Strategy

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

NIB Performance Statistics

1.00
1.11
1.04
1.05
0.00%