The iPath Bloomberg Commodity Index Total Return ETN (ticker: DJP) offers investors a distinctive opportunity to gain exposure to a diverse array of commodities through a single investment vehicle. As a member of the Broad Market category with a focus on the Broad Market, DJP is uniquely positioned within the Front Month niche, providing concentrated access to the most actively traded futures contracts. This Exchange-Traded Note (ETN) seeks to replicate the performance of the Bloomberg Commodity Index Total Return, a benchmark that encompasses a wide spectrum of commodity sectors including energy, agriculture, precious metals, industrial metals, and livestock.
DJP is designed for investors seeking to diversify their portfolios by adding commodities, which historically have shown low correlation to both stocks and bonds, potentially enhancing overall returns while mitigating risk. The Front Month niche emphasizes immediate exposure to the current commodity market dynamics, reflecting the latest price movements and trends. This focus allows investors to capitalize on short-term market opportunities while maintaining broad diversification across commodity types.
Furthermore, the iPath Bloomberg Commodity Index Total Return ETN offers the convenience and liquidity of an exchange-traded fund, combined with the tax-efficiency of an ETN structure. This makes DJP an appealing choice for those aiming to incorporate commodities into their investment strategy, providing a robust tool for managing inflation risks, hedging against economic fluctuations, and exploring growth potential in global commodity markets.
iPath Bloomberg Commodity Index Total Return ETN (DJP) Fund Flow Chart
iPath Bloomberg Commodity Index Total Return ETN (DJP) 1 year Net Flows: 13M
DJP ETF FAQ
What was DJP’s price range in the past 12 months?
DJP lowest ETF price was 29.35 and its highest was 35.78 in the past 12 months.
What is the AUM of DJP?
As of Feb 18, 2025 The AUM of DJP is 589.72M.
Is DJP overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does DJP pay dividends?
DJP does not currently pay dividends.
How many shares outstanding does DJP have?
DJP has 16,889,991 shares outstanding.
Which hedge fund is a major shareholder of DJP?
Currently, no hedge funds are holding shares in DJP