iPath® Series B Bloomberg Natural Gas Subindex Total ReturnSM ETN (GAZ)

19.32
BATS BZX Real-Time Price
As of 9:40am ET
 +0.0496 / +0.26%
Today’s Change
14.10
Today|||52-Week Range
36.00
-23.73%
Year-to-Date

Investment Objective

The investment seeks to linked to the performance of the Bloomberg Natural Gas Subindex Total ReturnSM (the “index“). The index is a sub-index of the Bloomberg Commodity Index Total ReturnSM (the “Commodity Index“ or the “BCOM Index“). The index is composed of one or more futures contracts on commodity of natural gas (the “index components“) and is intended to reflect the returns that are potentially available through (1) an unleveraged investment in those contracts plus (2) the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.

Weekly Commentary: Precarious World
Aug 01 / Seeking Alpha - Paid Partner Content
June farm prices received Index up 1.0%
Jul 31 / Seeking Alpha - Paid Partner Content
S&P 500 Earnings Update, And A Gold Comment
Aug 01 / Seeking Alpha - Paid Partner Content
U.S. rig count flat; oil rigs shed 1
Jul 31 / Seeking Alpha - Paid Partner Content
A Strong Yen Portends Suffering For Japanese Exporters
Aug 01 / Seeking Alpha - Paid Partner Content
Natural Gas Market Overview: Annual Storage Surplus Is Projected To Shrink, But The Forward Curve Is Already Somewhat Pricey
Jul 31 / Seeking Alpha - Paid Partner Content

Performance

1 month+22.83% 3 years-24.18%
3 months-9.40% 5 years--
1 year-33.71% Since inception-24.33%
Data through 08/05/2020

Quote Details

Previous close$19.27
Open day’s range19.32 – 19.62
Net asset value (NAV)19.33 (08/04/2020)
Daily volume6,257
Average volume (3 months)4,144
Data as of 9:40am ET, 08/05/2020

Peer Comparisonvs. Commodities focused ETFs

 GAZCategory
Performance 5-yr return---3.73%
Expense Gross exp ratio0.45%1.77%
Risk 5 year sharpe ratio---0.06
Net assets$2.5M$62.8M
Average market cap----
Average P/E----
Dividend / Share--1.49%

Competitors

SIVR Aberdeen Standard Physical Silver Shares...
SGOL Aberdeen Standard Gold ETF Trust
USV UBS ETRACS CMCI Silver Total Return ETN

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.