JJC
iPath Series B Bloomberg Copper Subindex Total Return ETNJJC Fund Description
JJC tracks an index of a single copper futures contract.
JJC Factset Analytics Insight
JJC tracks an index consisting of a single copper futures contract at a time. Following a fixed schedule, the index rolls into contracts two months from maturity in February, April, and June, and three months from maturity in August and November. The index continues tracking each contract until shortly before expiration. Although not a great proxy for spot copper, the note does a decent job of tracking the copper futures market. With no ETPs on the market holding physical copper, JJC is a solid substitute. As an ETN, JJC does not issue a K-1 at tax time, but investors must accept a small amount of counterparty risk from issuer Barclays. JJC replaced an older ETN with the same ticker. The newer, “series B” note tracks the same index, but charges a lower fee and avoids path dependency issues that made its predecessor more expensive to hold over time. It also includes a call provision. The new version traded under the ticker JJCB until November 16, 2018.
JJC CHARTS AND PERFORMANCE
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
JJC Summary Data
JJC Portfolio Data
JJC Index Data
JJC Portfolio Management
JJC Tax Exposures
JJC Fund Structure
JJC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of JJC. JJC is rated a 5 out of 5.
JJC Tradability
JJC SECTOR BREAKDOWN
JJC
JJC Tenor Strategy
N/A
JJC Rolling Strategy
N/A
JJC Performance Statistics
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use