DJP — iPath Bloomberg Commodity Index Total Return(SM) ETN

DJP Price Performance — Growth of $10,000

Value of a $10,000 investment in DJP over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

DJP Drawdown

The "underwater" chart: DJP's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iPath Bloomberg Commodity Index Total Return(SM) ETN (DJP) is a commodities ETF issued by iPath. It is one of 22 ETFs tracked in the commodities category, ranking #117 out of 458 overall. The expense ratio is 0.7%, which is relatively low, and it does not pay dividends, indicating that its returns are primarily driven by price appreciation. With a price of $51.67 and an AUM of $1.01B, the fund has seen significant investor adoption, suggesting that it is a popular choice among investors seeking exposure to the commodities market. The ETFValuer grade of B (score 69.3/100) reflects a moderate level of performance and risk management, though it is important to note that this grade is based on a range of factors and does not solely reflect the fund's returns.

The iPath Bloomberg Commodity Index Total Return(SM) ETN (DJP) has shown a mix of short-term and long-term performance trends. Over the past year, the fund has gained 49.59%, which is strong, but it has also experienced short-term volatility, with a 1-day return of -0.58%. Over the past three months, the fund has seen a more consistent upward trend, with a return of +9.59%. The one-month return of +10.52% suggests a continuation of this positive trend. The three-year return of +57.43% indicates a long-term upward trajectory, which is consistent with the one-year return. However, the maximum drawdown of -16.42% highlights the fund's vulnerability to short-term market downturns, which is typical for commodities ETFs.

The iPath Bloomberg Commodity Index Total Return(SM) ETN (DJP) is labeled as having a moderate level of volatility, which is consistent with its beta of 1.13, indicating that it is slightly more volatile than the market. The Sharpe ratio of 2.19 suggests that the fund provides a good risk-adjusted return, meaning that for each unit of risk taken, the fund generates a relatively high return. The maximum drawdown of -16.42% indicates that the fund can experience significant losses during market downturns, which is a common characteristic of commodities ETFs. Overall, the combination of moderate volatility, a good Sharpe ratio, and a significant maximum drawdown suggests that the fund is suitable for investors who are willing to accept some level of short-term risk for the potential of long-term gains, but it may not be ideal for those seeking a more stable investment.

AI-generated summary based on the data on this page.

Market Backdrop

10-Year Treasury Yield: 4.77% (as of 2026-09-03) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 14.32 (as of 2026-09-03) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

DJP Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 20.18% and average daily volume is 61K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.01B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: DJP is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

DJP Performance History

How DJP Compares to Other Commodities ETFs