GDMA vs. DJCB ETF Comparison
Comparison of Gadsden Dynamic Multi-Asset ETF (GDMA) to ETRACS Bloomberg Commodity Index Total Return ETN Series B due October 31, 2039 (DJCB)
GDMA
Gadsden Dynamic Multi-Asset ETF
GDMA Description
The investment seeks total return. The fund seeks to achieve its investment objective by investing (i) approximately 80% of its total assets with exposure to a variety of asset classes, geographies, and market capitalizations generally based on a long-term view of macroeconomic factors and (ii) approximately 20% of its total assets to add or reduce exposure to one or more asset classes generally based on a short-term view of the market. It may invest in futures contracts to gain long or short exposure to one or more asset classes.
Grade (RS Rating)
Last Trade
$32.66
Average Daily Volume
4,907
11
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
Performance
Period | GDMA | DJCB |
---|---|---|
30 Days | -0.84% | -2.48% |
60 Days | 1.01% | 1.23% |
90 Days | 2.23% | 4.04% |
12 Months | 11.13% | 0.54% |
0 Overlapping Holdings
Symbol | Grade | Weight in GDMA | Weight in DJCB | Overlap |
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GDMA: Top Represented Industries & Keywords
DJCB: Top Represented Industries & Keywords