iPath Bloomberg Commodity Index Total… (DJP) Performance
DJP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +39.4% since Dec 31, 2025
- 1 year
- +43.2% total return
- 5 years
- +11.6% a year
- 10 years
- +8.2% a year
- Since first price
- +0.2% a year since 2006
DJP trailing returns vs SPY, QQQ, AGG
| Period | DJP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.7% | −0.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +7.4% | +7.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.6% | +7.6% | +7.8% | +8.4% | −1.5% |
| YTD | +39.4% | +39.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +43.2% | +43.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +62.3%+17.5%/yr | +62.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +72.9%+11.6%/yr | +72.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +120.4%+8.2%/yr | +120.4% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +20.7%+1.3%/yr | +20.7% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +8.4%+0.4%/yr | +8.4% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionJun 7, 2006 | +4.4%+0.2%/yr | +4.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DJP vs SPY
From Jun 7, 2006: DJP grew to $10,440, SPY to $87,807.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DJP returns by calendar year
10 of 19 full years positive. Best 2021 (+31.1%), worst 2008 (−37.4%). 2026 is year to date.
DJP annual returns table
| Year | DJP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +39.4% | −16.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +17.2% | −11.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.6% | −13.4% | +24.9% | +25.6% | +1.3% |
| 2023 | −9.8% | −13.1% | +26.2% | +54.9% | +5.7% |
| 2022 | +17.5% | −21.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +31.1% | −12.0% | +28.7% | +27.4% | −1.8% |
| 2020 | −4.1% | −31.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +7.6% | −9.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −13.1% | −17.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +0.7% | −12.8% | +21.7% | +32.7% | +3.6% |
| 2016 | +12.9% | −9.9% | +12.0% | +7.1% | +2.4% |
| 2015 | −28.2% | −30.6% | +1.2% | +9.4% | +0.5% |
| 2014 | −18.6% | −26.6% | +13.5% | +19.2% | +6.0% |
| 2013 | −11.1% | −16.1% | +32.3% | +36.6% | −2.0% |
| 2012 | −2.1% | −15.8% | +16.0% | +18.1% | +3.8% |
| 2011 | −14.0% | −23.7% | +1.9% | +3.4% | +7.7% |
| 2010 | +16.2% | −16.6% | +15.1% | +19.9% | +6.4% |
| 2009 | +20.1% | −18.3% | +26.4% | +54.7% | +3.0% |
| 2008 | −37.4% | −55.8% | −36.8% | −41.7% | +7.9% |
| 2007 | +14.9% | −8.3% | +5.1% | +19.0% | +6.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DJP largest drawdowns
Now 28.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 2, 2008 | −78.4% | Apr 21, 2020 | not yet | 11.8 years | 18.3 years so far |
| Aug 2, 2006 | −12.6% | Sep 20, 2006 | Apr 13, 2007 | 49 days | 8 months |
| Mar 13, 2008 | −10.5% | Mar 20, 2008 | May 21, 2008 | 7 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DJP risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +17.0% | +12.0% | +8.2% | +0.2% |
| Volatility (annualized) | 16.0% | 17.7% | 16.3% | 17.8% |
| Sharpe ratio | 0.79 | 0.53 | 0.42 | 0.03 |
| Sortino ratio | 1.49 | 0.83 | 0.64 | 0.03 |
| Best month | +12.9% | +12.9% | +12.9% | +13.8% |
| Worst month | −9.7% | −11.8% | −16.0% | −21.5% |
| Best 12 months | +51.5% | +51.5% | +60.0% | +60.0% |
| Worst 12 months | −1.7% | −25.8% | −28.0% | −51.5% |
| Positive months | 61% | 57% | 55% | 53% |
| Beta vs S&P 500 | -0.21 | 0.19 | 0.38 | — |
| Correlation with S&P 500 | -0.16 | 0.17 | 0.36 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DJP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 233 | −51.5% | −0.4% | +60.0% | 49% |
| 3-year (a year) | 209 | −20.8% | −2.8% | +24.5% | 39% |
| 5-year (a year) | 185 | −16.3% | −2.9% | +16.4% | 43% |
| 10-year (a year) | 125 | −10.2% | −3.8% | +8.5% | 19% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
DJP performance overview
iPath Bloomberg Commodity Index Total… (DJP) returned +43.2% over the past year and +8.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +0.2% a year, turning $10,000 into about $10,440. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −78.4%, from Jul 2, 2008 to Apr 21, 2020; the fund has not yet regained that high. DJP finished 10 of its 19 full calendar years with a gain; the best year was 2021 (+31.1%) and the worst 2008 (−37.4%). Volatility has been 17.8% a year.
Related: DJP chart. See the DJP overview for the latest quote and fund facts.
DJP performance FAQ
What is the DJP return over the past year?
DJP returned +43.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 43.2%.
What is the average annual return of DJP?
DJP has returned +11.6% a year over 5 years, +8.2% a year over 10 years, +0.2% a year since June 7, 2006 (total return, distributions reinvested).
How much would $10,000 invested in DJP be worth?
$10,000 invested in DJP at its first recorded close on June 7, 2006 would be worth about $10,440 on October 23, 2026 with distributions reinvested.
What was the worst year for DJP?
The worst calendar year was 2008, with a total return of −37.4%. The best was 2021 at +31.1%.
What is the biggest drawdown of DJP?
The largest peak-to-trough decline was −78.4% between July 2, 2008 and April 21, 2020. It has not yet recovered to that high; it is 28.3% below its peak.
How volatile is DJP?
Over the past 3 years DJP had an annualized volatility of 16.0% and a Sharpe ratio of 0.79 (excess return over 1–3 month T-bills per unit of risk).