JO

iPath Bloomberg Coffee Subindex Total Return ETN
C

92
  • Overview
  • Efficiency
  • Tradability
  • Fit

JO Fund Description

The iPath Bloomberg Coffee Subindex Total Return ETN tracks an index that holds a single coffee futures contract with varying maturities.

JO Factset Analytics Insight

This ETN will be delisted after the close on 04/12/2018. JO is just about the only practical choice for getting exposure to coffee prices in an ETP wrapper. The note tracks a single coffee futures contract at a time, purchased two or three months out and held until the month of maturity. The note tracks every other contract from February through July, but switches to every third contract during the fall and winter months. Although this methodology does not perfectly imitate our segment benchmark—which uses front month contracts year-round—JO still serves as a decent proxy for spot coffee prices. JO enjoys strong liquidity, trading in steady volumes with manageable spreads, and it can be traded at a reasonable price in blocks. JO charges a somewhat steep fee, but its tracking is decent, keeping holding costs down.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:

JO Top 10 Holdings

JO Summary Data

iPath
06/24/08
Exchange-Traded Note
0.75%
$158.74M
$4.16M
0.13%

JO Portfolio Data

Futures
Extended Term
Annually
--

JO Index Data

Single Asset
Single Asset
S&P GSCI Coffee

Related ETFs to JO

CAFE, BJO
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

JO Portfolio Management

0.75%
-2.80%
1.26%
-3.88%

JO Tax Exposures

20.00% / 39.60%
--
No

JO Fund Structure

Exchange-Traded Note
No
N/A
Barclays Bank PLC
Low
Closing
None
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

JO Factset Analytics Block Liquidity

As of 02/20/18
5
4
3
2
1

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

JO Tradability

271,906
$4.16M
243,447
$3.69M
0.13%
$0.02
0.28%
1.13% / -1.37%
None
100.00%
50,000
4.87
0.00%
--
24,734
$14.65
5

JO Sector Breakdown

JOSegment Benchmark
100.00% 100.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%

JO Top 10 Targeted Commodity Weights

JO Tenor Strategy

JO tracks a single contract at a time starting two or three months from maturity, according to a fixed schedule, and holds until shortly before expiration.

JO Performance Statistics

1.00
1.06
1.06
1.05
0.00%

JO Rolling Strategy

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