JJN

iPath Bloomberg Nickel Subindex Total Return ETN
D

93
  • Overview
  • Efficiency
  • Tradability
  • Fit

JJN Fund Description

The iPath Bloomberg Nickel Subindex Total Return ETN tracks an index of a single nickel futures contract.

JJN Factset Analytics Insight

This ETN will be delisted after the market close on 04/12/2018. JJN tracks an index consisting of a single nickel futures contract at a time, beginning with two months left to maturity and rolling shortly before expiration. Expect to see some deviation from our segment benchmark, which utilizes a front-month-only strategy.
JJN is cheaper to hold than its sister ETN, NINI, which employs an algorithm to select the contract least subject to contango. However, both funds are unpopular, raising the specter of closure risk (ETNs rarely close outright, but may be de-listed). Also, both notes are difficult to trade, adding to all-in costs. As an ETN, JJMN does not issue a K-1 form at tax time, though investors must accept the counterparty risk of issuer Barclays.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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JJN Top 10 Contracts

JJN Summary Data

iPath
10/23/07
Exchange-Traded Note
0.75%
$14.86M
$378.02K
0.30%

JJN Portfolio Data

Futures
Extended Term
N/A
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JJN Index Data

Single Asset
Single Asset
S&P GSCI Nickel

Related ETFs to JJN

NINI
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

JJN Portfolio Management

0.75%
0.06%
6.00%
-2.63%

JJN Tax Exposures

20.00% / 39.60%
--
No

JJN Fund Structure

Exchange-Traded Note
No
N/A
Barclays Bank PLC
Low
Closing
None
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
11:57:2915.09100
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Bats BZX Real-time Quote - 17:25:57
Daily Spread
Premium/Discount
Volume

JJN Factset Analytics Block Liquidity

As of 01/16/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of JJN. JJN is rated a 5 out of 5.

JJN Tradability

26,275
$378.02K
20,145
$277.16K
0.30%
$0.04
0.29%
2.19% / -3.06%
None
100.00%
50,000
0.40
0.00%
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$15.40
5

JJN Sector Breakdown

JJNSegment Benchmark
100.00% 100.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%

JJN Top 10 Targeted Commodity Weights

JJN Tenor Strategy

JJN tracks every other nickel futures contract, rolling in with about two months left to maturity, and holding until shortly before expiration.

JJN Performance Statistics

1.00
1.06
1.06
1.06
0.00%

JJN Rolling Strategy

JJN rolls contracts between the 6th and 10th business day of pre-determined roll months.