DJCBETRACS Bloomberg Commodity Index Total Return ETN Series B
DJCB Fund Description
DJCB tracks a broad index of 23 different commodity contracts with varying roll schedules. Contract maturity can range from one to five months.
DJCB Factset Analytics Insight
DJCB is a broad basket commodity ETN that tracks an index with varying contract lengths and roll schedules. The index uses both liquidity- and US dollar-weighted production data to determine the relative quantities of included commodities. Additionally, the index attempts to embody four main principles in its construction: economic significance, diversification, continuity, and liquidity. Using these metrics, the index attempts to create a fair representation of each commodities significance in the global economy in addition to filtering out unwarranted weightings for some commodities. However, the index does apply a cap of 33% to commodity sectors and 15% to individual commodities. The index is rebalanced annually every January.
DJCB Charts And Performance
DJCB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DJCB. DJCB is rated a 5 out of 5.