DJCB vs. ABEQ ETF Comparison
Comparison of ETRACS Bloomberg Commodity Index Total Return ETN Series B due October 31, 2039 (DJCB) to Absolute Core Strategy ETF (ABEQ)
DJCB
ETRACS Bloomberg Commodity Index Total Return ETN Series B due October 31, 2039
DJCB Description
The investment seeks a return on the Securities linked to the performance of the Bloomberg Commodity Index Total ReturnSM. The index is composed of the prices of twenty-one exchange-traded futures contracts on physical commodities. An exchange-traded futures contract is a bilateral agreement providing for the purchase and sale of a specified type and quantity of a commodity or financial instrument during a stated delivery month for a fixed price.
Grade (RS Rating)
Last Trade
$20.62
Average Daily Volume
489
8
ABEQ
Absolute Core Strategy ETF
ABEQ Description
The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$32.59
Average Daily Volume
6,031
19
Performance
Period | DJCB | ABEQ |
---|---|---|
30 Days | -2.48% | -2.01% |
60 Days | 1.23% | -0.02% |
90 Days | 4.04% | 1.98% |
12 Months | 0.54% | 19.58% |
0 Overlapping Holdings
Symbol | Grade | Weight in DJCB | Weight in ABEQ | Overlap |
---|
DJCB Underweight 19 Positions Relative to ABEQ
DJCB: Top Represented Industries & Keywords
ABEQ: Top Represented Industries & Keywords