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NIB ETF Report: Ratings, Analysis, Quotes, Holdings | ETF.com

NIB

iPath Bloomberg Cocoa Subindex Total Return ETN
*Unless otherwise stated, data provided by FactSet.

NIB Fund Description

NIB tracks an index that holds a single cocoa futures contract, rolled according to a fixed schedule.

NIB Factset Analytics Insight

NIB tracks a single cocoa futures contract at a time, purchased two or three months out and held until the month of maturity. According to a fixed schedule, the note holds contracts starting three months out from August through January, and two months out the rest of the year. This method differentiates the note from its benchmark, which holds the front-month futures contracts year-round. Still, NIB serves as a viable option in tracking the cocoa prices via futures. Structured as an ETN, NIB carries the counterparty risk of its issuer.

PERFORMANCE [as of 05/13/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
NIB 4.77% 1.27% -0.03% 11.28% -3.03% -3.82% -3.19%
NIB (NAV) 2.68% 1.39% -1.01% 7.76% -3.21% -3.64% -3.09%
Bloomberg Cocoa Subindex Total Return 2.46% 1.42% -0.66% 7.71% -2.33% -2.78% -2.28%
S&P GSCI Cocoa Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

NIB Summary Data

iPath
06/24/08
Exchange-Traded Note
0.70%
$17.63M
$652.20K
0.29%

NIB Portfolio Data

Futures
Extended Term
Annually
0

NIB Index Data

Single Asset
Single Asset
S&P GSCI Cocoa Index

NIB Portfolio Management

0.70%
-0.23%
2.27%
-2.20%

NIB Tax Exposures

20.00% / 39.60%
--
No

NIB Fund Structure

Exchange-Traded Note
No
No
Barclays Bank PLC
Low
High
None
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

NIB Factset Analytics Block Liquidity

As of 05/14/21
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

21,412
$652.20K
16,885
$505.64K
0.29%
$0.09
0.06%
1.41% / -1.74%
None
100.00%
30,000
0.56
0.00%
--
782
$31.02
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

--
--
1.04
1.05
0.00%