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 ETN, trading under the ticker DJP, operates within the Commodities category managed by iPath. This fund currently holds an asset base of $850 million and trades at a price of $48.49 per share. Across the 458 ETFs tracked by ETFValuer, DJP holds an overall rank of #134 and has received a B grade with a score of 68.2 out of 100. The fund carries an expense ratio of 0.7% and offers a dividend yield of 0.00%. Its position among 22 tracked funds in the Commodities category reflects a moderate level of investor adoption relative to the broader market. The combination of its AUM and price suggests a established presence within its specific niche of commodity exposure.

Over the last day, the fund declined by 0.64% before recovering with a 3.04% gain over the subsequent week. Monthly performance showed significant momentum with a 12.35% increase, though the three-month horizon registered a slight contraction of 0.49%. The six-month return accelerated to 18.85%, contributing to a year-to-date gain of 28.72%. Annual returns have been robust at 38.66%, while the three-year total return stands at 47.88%. This trajectory indicates a pattern where short-term volatility was followed by sustained growth over longer investment horizons. The data shows a divergence between the recent one-month surge and the slight dip observed in the three-month period.

DJP is assigned a Moderate volatility label and exhibits a beta of 1.14, indicating price movements that are slightly more sensitive than the broader market. The fund has generated a Sharpe ratio of 1.72, suggesting a favorable return relative to the risk taken over the measured period. However, the maximum drawdown of -16.42% highlights the potential for significant temporary losses during market downturns. This combination of a beta above 1.0 and a moderate volatility rating implies the fund experiences amplified swings in both rising and falling markets. The high Sharpe ratio alongside the substantial drawdown suggests that while the fund has delivered strong returns, it has done so with periods of notable downside risk.

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

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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 2026-06-01) — 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 19.18% and average daily volume is 81K/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 $850M 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