Market Tracker

05/04 5:16pm ET

iPath® Bloomberg Cotton Subindex Total Return(SM) ETN (BAL)

41.70
Delayed Data
As of 3:56pm ET
 -0.1169 / -0.28%
Today’s Change
35.58
Today|||52-Week Range
45.78
-0.80%
Year-to-Date

Investment Objective

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

Performance

1 month+7.87% 3 years-8.46%
3 months+1.72% 5 years-13.71%
1 year-7.71% Since inception-2.26%
Data through 05/04/2016

Quote Details

Previous close$41.82
Open day’s range41.48 – 41.85
Net asset value (NAV)41.78 (05/03/2016)
Daily volume2,949
Average volume (3 months)8,058
Data as of 3:56pm ET, 05/04/2016

Peer Comparisonvs. Commodities agriculture ETFs

 BALCategory
Performance 5-yr return-13.71%-12.58%
Expense Gross exp ratio0.75%1.09%
Risk 5 year sharpe ratio-0.48-0.51
Net assets$15.9M$42.0M
Average market cap--$22.9B
Average P/E--15.0
Dividend / Share--0.10%

Competitors

DBA PowerShares DB Agriculture Fund
FUD UBS ETRACS CMCI Food Total Return ETN
USAG United States Agriculture Index Fund, LP

Holdings

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