UBS ETRACS Bloomberg Commodity Index Total Return ETN (DJCI)
UBS ETRACS Bloomberg Commodity Index Total Return ETN operates in the Asset Management industry of the Financial Services sector. The stock last traded at $13.82, up 0.73% on the session, giving a market capitalisation of $8.7M. Its beta of 0.76 implies it has historically moved less than the broad market.
This investment product aims to mirror the performance of the DJ-UBS Commodity Index Total Return Index, after accounting for its operating expenses. The underlying index gauges the collateralized returns generated from a diverse collection of 19 commodity futures contracts. These contracts represent key segments such as energy, precious metals, industrial metals, grains, softs, and livestock. To maintain diversification, the index is rebalanced annually, ensuring that no single commodity sector constitutes more than 33% of the index following this adjustment.
UBS ETRACS Bloomberg Commodity Index Total Return ETN is most often compared with the following Financial Services names: