iPath® Bloomberg Cocoa Subindex Total Return(SM) ETN (NIB)

29.32
BATS BZX Real-Time Price
As of 11:30am ET
 -0.3732 / -1.26%
Today’s Change
24.47
Today|||52-Week Range
34.96
+0.09%
Year-to-Date

Investment Objective

The investment seeks to provide investors with exposure to the Jones-UBS Cocoa Subindex Total ReturnService Mark. The Dow Jones-UBS Cocoa Subindex Total ReturnService Mark (the "index") reflects the returns that are potentially available through an unleveraged investment in the futures contracts on cocoa. The index currently consists of one futures contract on the commodity of cocoa which is included in the Dow Jones-UBS Commodity Index Total ReturnService Mark.

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+8.08% 3 years+3.95%
3 months-0.94% 5 years-7.80%
1 year+0.79% Since inception-4.68%
Data through 07/31/2020

Quote Details

Previous close$29.69
Open day’s range29.32 – 29.56
Net asset value (NAV)27.98 (07/30/2020)
Daily volume14,893
Average volume (3 months)26,618
Data as of 11:30am ET, 08/04/2020

Peer Comparisonvs. Commodities focused ETFs

 NIBCategory
Performance 5-yr return-7.80%-3.73%
Expense Gross exp ratio0.75%1.77%
Risk 5 year sharpe ratio-0.24-0.06
Net assets$21.6M$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.