RJA

Elements Rogers International Commodity Index-Agriculture TR ETN
F

56
*Unless otherwise stated, data provided by FactSet.

RJA Fund Description

The Elements Rogers International Commodity Index - Agriculture ETN tracks a consumption-based index of agricultural commodities chosen by the RICI committee. It gains exposure using front-month futures contracts.

RJA Factset Analytics Insight

RJA is an ETN whose consumption-weighted portfolio cuts our benchmark's weights to corn and soybeans, and expands its coverage to include agricultural feedstocks and livestock. This, combined with pumped-up exposure to cotton, makes RJA a unique take on the market. Like our benchmark, it holds front-month futures contracts, so you get as close to spot as is possible in the markets it covers. Trading activity is fairly robust for an ETN in this segment, with decent volume and generally reasonable spreads (though they can widen quite a bit at times). It comes at a middle-of-the-road cost for this segment. All in all, RJA offers unique exposure to the segment in a convenient ETN format that avoids K-1 distributions, at a decent price, and is relatively easy to trade. For all those reasons, it belongs on our Opportunities List.

RJA CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/12/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RJA -6.44% -6.43% -2.23% -9.48% -6.42% -6.98% -6.72%
RJA (NAV) -7.07% -7.67% -3.99% -12.02% -3.98% -7.43% -6.90%
S&P GSCI Agriculture -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RJA Top 10 Holdings

This chart is unavailable

RJA Summary Data

ELEMENTS
10/17/07
Exchange-Traded Note
0.75%
$94.47M
$326.97K
0.23%

RJA Portfolio Data

Futures
Front Month
Monthly
--

RJA Index Data

Proprietary
Committee
S&P GSCI Agriculture

RJA Portfolio Management

0.75%
-0.39%
-0.21%
-1.23%

RJA Tax Exposures

20.00% / 39.60%
--
No

RJA Fund Structure

Exchange-Traded Note
No
N/A
Swedish Export Credit Corp - SEK
Low
Low
None
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

RJA Factset Analytics Block Liquidity

As of 07/18/18
5
4
3
2
1

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

RJA Tradability

53,100
$326.97K
43,721
$281.10K
0.23%
$0.01
-0.05%
0.95% / -0.50%
None
100.00%
500,000
0.09
0.00%
--
421
$5.85
5

RJA SECTOR BREAKDOWN


RJA
Segment Benchmark
93.73%
100.00%
6.27%
0.00%

RJA Tenor Strategy

RJA invests solely in front-month futures contracts. This means that the fund will be particularly sensitive to changes in spot prices, but may be priced higher or lower than spot, sometimes dramatically.

RJA Rolling Strategy

RJA rolls its underlying contracts over a 15 day period during the month preceeding a given contract's expiration.

RJA Performance Statistics

0.88
0.66
0.73
0.70
0.00%