ETRACS Bloomberg Commodity Index Total ReturnSM ETN Series B (DJCB)
ETRACS Bloomberg Commodity Index Total ReturnSM ETN Series B operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $21.93, up 3.81% on the session, giving a market capitalisation of $8.7M. Its beta of 1.06 implies it has historically moved more than the broad market.
This index tracks the market performance of twenty-one unique futures contracts. These contracts are publicly traded and specifically linked to the value of physical commodities. An exchange-traded futures contract itself is a formal, two-party commitment: a legally binding agreement to transact a precise quantity and type of either a commodity or a financial asset at a predetermined price on a specific future delivery date.
ETRACS Bloomberg Commodity Index Total ReturnSM ETN Series B is most often compared with the following Financial Services names: