iPath Bloomberg Commodity Index Total Return ETN (DJP)
Competitors to iPath Bloomberg Commodity Index Total Return ETN (DJP)
Aberdeen Standard Physical Gold Shares ETF SGOL -0.74%
Although primarily a gold-focused ETF, the Aberdeen Standard Physical Gold Shares ETF (SGOL) competes with iPath DJP by tapping into the growing trend of commodity investment. Investors seeking a hedge against inflation or seeking a safe-haven asset might choose SGOL for its direct exposure to gold. While it does not offer a broad commodity exposure like DJP, its appeal as a safe-haven asset provides competition within the commodity market for risk-averse investors.
Invesco DB Commodity Index Tracking Fund DBC -0.77%
Invesco's DB Commodity Index Tracking Fund (DBC) is a direct competitor to iPath's DJP, as both funds aim to provide exposure to commodity markets. DBC tracks a diversified basket of commodities, and its structure allows for efficient trading and a lower expense ratio compared to personal trading of commodities directly. DBC's larger asset base and brand recognition give it a competitive edge in attracting inflows from institutional investors.
iShares S&P GSCI Commodity-Indexed Trust GSG -0.88%
iShares S&P GSCI Commodity-Indexed Trust (GSG) competes with DJP by offering an alternative investment strategy that is directly linked to another major commodity index—the S&P GSCI. GSG focuses on providing exposure primarily to energy commodities, which dominate the index. This focus on energy gives it an advantage during bull markets in that sector, attracting those looking for targeted commodity exposure.
Teucrium Corn Fund CORN -0.48%
Teucrium Corn Fund (CORN) represents a specific category of agricultural commodities focusing solely on corn. While this is a far more specialized approach compared to DJP's broad commodity index exposure, it competes by allowing investors to target specific commodities, which can be compelling during times of prices volatility in the agriculture sector. Teucrium's focus on niche commodities can attract investors with specific views on market conditions which may lead to significant returns depending on agricultural trends.
United States Commodity Index Fund USCI -0.65%
The United States Commodity Index Fund (USCI) provides exposure to a broad range of commodities and aims to minimize contango, which can erode returns in futures investment. USCI employs a unique investment strategy that includes a diversified index of commodity futures, which allows it to compete effectively with DJP. In a volatile market where active management and indices that mitigate contango effects are advantageous, USCI potentially attracts those concerned about yield erosion, giving it a significant niche advantage.