ETF Evaluator:
iPath® Bloomberg Cmdty TR ETN (DJP)
Follow This ETF
(as of Jul 31)
Best Performing in Commodities Broad Basket Over the Last Year
| 40.7% | VanEck Commodity Strategy ETF (PIT) |
| 34.5% | DB Commodity Long ETN (DPU) |
| 30.7% | First Trust Global Tact Cmdty Strat ETF (FTGC) |
| 29.8% | Harbor Commodity All-Weather StrategyETF (HGER) |
| 29.4% | Neuberger Commodity Stgy ETF (NBCM) |
Risk
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Risk
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ETF Details
iPath® Bloomberg Cmdty TR ETN Overview
iPath® Bloomberg Cmdty TR ETN (DJP) is a passively managed Commodities Commodities Broad Basket exchange-traded fund (ETF). iPath launched the ETF in 2006.
The investment seeks to provide investors with exposure to the Dow Jones-UBS Commodity Index Total ReturnService Mark.
The Dow Jones-UBS Commodity Index Total ReturnService Mark (the "index") reflects the returns that are potentially available through an unleveraged investment in the futures contracts on physical commodities comprising the index plus the rate of interest that could be earned on cash collateral invested in specified Treasury Bills. The index is a rolling index rebalancing annually.
About iPath® Bloomberg Cmdty TR ETN (DJP)
There are 1 members of the management team with an average tenure of 20.08 years: No Manager (2006). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: Bloomberg Commodity TR USD index with a weighting of 100%. iPath® Bloomberg Cmdty TR ETN has securities in its portfolio. The top 10 holdings constitute 0.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is considered to have an ESG focus with its investment selection and management.
iPath® Bloomberg Cmdty TR ETN is part of the Real Assets global asset class and is within the Commodities ETF group. iPath® Bloomberg Cmdty TR ETN has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iPath® Bloomberg Cmdty TR ETN has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $849 million in total assets, which is above the $728 million average for the Commodities Broad Basket category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
DJP Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iPath® Bloomberg Cmdty TR ETN expense ratio is above average compared to funds in the Commodities Broad Basket category. iPath® Bloomberg Cmdty TR ETN has an expense ratio of 0.70%, which is 6% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. iPath® Bloomberg Cmdty TR ETN has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 23% for the Commodities Broad Basket category.
Recently, in the month of June 2026, iPath® Bloomberg Cmdty TR ETN returned -9.6%, which earned it a grade of F, as the Commodities Broad Basket category had an average return of -7.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
iPath® Bloomberg Cmdty TR ETN has a trailing yield of 0.00%, which is below the 5.45% category average.
The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
iPath® Bloomberg Cmdty TR ETN Grades
Year to date, the ETF has returned 15.9%, 2.0 percentage points better than the category, which translates into a grade of C. The fund has returned 28.4% over the past year (grade of B), 12.6% over the past three years (grade of C) and 9.9% per year over the past five years (grade of C) and 5.9% per year over the past 10 years (grade of F).
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DJP Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| DJP Return (NAV) | -9.6% | -9.2% | 28.4% | 12.6% | 9.9% | 5.9% |
| DJP Return (Price) | -9.7% | -9.2% | 28.6% | 12.7% | 10.0% | 5.9% |
| NAV +/- Price Return | 0.099% | 0.011% | -0.223% | -0.102% | -0.076% | 0.014% |
| Commodities Broad Basket Avg | -7.8% | -6.4% | 24.6% | 13.0% | 10.4% | 7.2% |
| DJP Grade (NAV) | F | F | B | C | C | F |
| +/- Category (NAV) | -1.8% | -2.8% | 3.9% | -0.4% | -0.5% | -1.3% |
| DJP Tax-Cost Ratio | na | na | 0.0% | 0.0% | 0.0% | 0.0% |
DJP Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| DJP Return (NAV) | 15.9% | 17.4% | 5.4% | -9.7% | 17.5% | 31.2% | -4.4% | 8.2% | -13.7% | 1.2% | 12.6% |
| DJP Return (Price) | 16.2% | 17.2% | 5.6% | -9.8% | 17.5% | 31.1% | -4.1% | 7.6% | -13.1% | 0.7% | 12.9% |
| NAV +/- Price Ret | 0.018% | -0.011% | 0.038% | 0.012% | -0.004% | -0.004% | -0.058% | -6.7% | -4.3% | -36.2% | 1.7% |
| Commodities Broad Basket Avg | 13.9% | 15.5% | 7.4% | -4.2% | 15.9% | 31.9% | -4.8% | 7.3% | -10.7% | 5.9% | 11.7% |
| DJP Grade (NAV) | C | B | D | F | C | C | C | C | F | F | C |
| +/- Category | 2.0% | 1.9% | -2.0% | -5.6% | 1.6% | -0.7% | 0.4% | 0.9% | -3.0% | -4.7% | 1.0% |
| Risk Measures | |
| Beta: | 1.14 |
| R-Squared: | 100% |
| Standard Deviation: | 15.2% |
| Category Risk Index: | 1.06 |
| Category Risk Rating: | Above Average |
| Total Risk Index: | 1.25 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 0.0% |
| Total Assets: | $ 850 Mil |
| Share Class Assets: | $ 850 Mil |
| Turnover: | 0.0% |
| Expense Ratio: | 0.70% |
| Index Fund: | Yes |
| Index Tracked: | Bloomberg Commodity TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | Yes |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 20.1 years | |||
| Average Tenure: 20.1 years | |||
| Managers (Year): Manager No (2006) | |||
Portfolio Composition (as of )
| # of Holdings: | |
| % in Top 10 Holdings: | 0.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Uncollateralized Debt Instrument |
| Fund Family: | iPath |
| Phone Number: | 877-764-7284 |
| Website: | www.barclaysinvestments.co.uk |
| Inception Date: | June 6, 2006 |
Expenses and Fees
| Expense Ratio (%): | 0.70% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.66% |
