DJCB vs. HIPS ETF Comparison
Comparison of ETRACS Bloomberg Commodity Index Total Return ETN Series B due October 31, 2039 (DJCB) to Master Income ETF (HIPS)
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
$20.26
Average Daily Volume
491
8
HIPS
Master Income ETF
HIPS Description
The Master Income ETF seeks to track the total return performance, before fees and expenses, of the TFMS HIPS 300 Index. The Index is constructed to capture 300 high income securities, typically with pass-through structures, across the following sectors: (i) closed-end funds (“CEFs”), (ii) mortgage real estate investment trusts (“REITs”), (iii) commercial equity REITs, (iv) residential/diversified REITs, (v) asset management and business development companies (“BDCs”), and (vi) energy production and energy transportation & processing companies. Energy-related companies included in the Index are expected to primarily be structured as master limited partnerships (“MLPs”). CEFs included in the Index are limited to taxable, debt-based funds and may include CEFs that invest primarily in bank loans, high-yield securities (also known as “junk bonds”), foreign securities (including those in emerging markets), and mortgage- or asset-backed securities. The Index is constituted using proprietary methodology developed by Trust and Fiduciary Management Services, Inc. The Index Provider determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index.Grade (RS Rating)
Last Trade
$13.01
Average Daily Volume
37,341
37
Performance
| Period | DJCB | HIPS |
|---|---|---|
| 30 Days | -4.20% | 1.35% |
| 60 Days | -0.34% | 0.98% |
| 90 Days | 0.30% | 3.71% |
| 12 Months | -0.95% | 19.46% |
0 Overlapping Holdings
| Symbol | Grade | Weight in DJCB | Weight in HIPS | Overlap |
|---|
DJCB Underweight 37 Positions Relative to HIPS
| Symbol | Grade | Weight | |
|---|---|---|---|
| BGX | A | -2.79% | |
| LTC | B | -2.78% | |
| JQC | A | -2.77% | |
| JFR | A | -2.76% | |
| ET | A | -2.73% | |
| ARCC | A | -2.7% | |
| BXSL | B | -2.66% | |
| ALX | D | -2.66% | |
| EFT | A | -2.63% | |
| FCT | A | -2.63% | |
| FSK | A | -2.62% | |
| BLW | C | -2.62% | |
| GTY | C | -2.6% | |
| MPLX | A | -2.6% | |
| EPD | A | -2.58% | |
| SLRC | A | -2.58% | |
| DMLP | A | -2.57% | |
| GBDC | A | -2.56% | |
| KRP | C | -2.55% | |
| NBB | D | -2.55% | |
| WES | C | -2.53% | |
| FDUS | A | -2.52% | |
| SBRA | C | -2.52% | |
| DSU | A | -2.52% | |
| PAA | A | -2.52% | |
| GLPI | D | -2.5% | |
| CQP | A | -2.46% | |
| OHI | C | -2.46% | |
| PK | C | -2.46% | |
| USAC | C | -2.45% | |
| BSM | A | -2.41% | |
| EPR | D | -2.31% | |
| GSBD | F | -2.27% | |
| NNN | D | -2.16% | |
| NMFC | D | -2.15% | |
| NHS | D | -2.04% | |
| GNL | D | -2.0% |
DJCB: Top Represented Industries & Keywords
HIPS: Top Represented Industries & Keywords
Compare ETFs
