JJC

iPath Series B Bloomberg Copper Subindex Total Return ETN
*Unless otherwise stated, data provided by FactSet.

JJC 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. The methodology weights the contracts by liquidity (2/3) and US dollar-weighted production (1/3). Contracts follow 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. As an ETN, JJC does not issue a K-1 at tax time, but investors must accept the counterparty risk from the issuer, Barclays. JJC replaced an older ETN with the same ticker. The newer, series B note tracks the same index and avoids path dependency issues. It also includes a call provision. The new version traded under the ticker JJCB until November 16, 2018.

PERFORMANCE [as of 06/16/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
JJC -7.20% 4.00% 22.28% 63.40% 10.05% -- --
JJC (NAV) -5.84% 7.40% 24.13% 66.82% 10.43% -- --
Bloomberg Copper Subindex Total Return -5.81% 7.52% 24.39% 67.57% 10.93% 15.19% -0.49%
S&P GSCI Copper Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

JJC Summary Data

iPath
01/17/18
Exchange-Traded Note
0.45%
$79.81M
$2.13M
0.37%

JJC Portfolio Data

Futures
Extended Term
Monthly
0

JJC Index Data

Single Asset
Single Asset
S&P GSCI Copper Index

JJC Portfolio Management

0.45%
-0.56%
-0.43%
-0.90%

JJC Tax Exposures

20.00% / 39.60%
--
No

JJC Fund Structure

Exchange-Traded Note
No
N/A
Barclays Bank PLC
Low
Medium
None

JJC Factset Analytics Block Liquidity

As of 06/17/21
5
4
3
2
1

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

95,250
$2.13M
54,063
$1.23M
0.37%
$0.24
0.17%
1.83% / -66.72%
None
100.00%
50,000
1.08
--
--
4,022
$22.00
5

JJC Sector Breakdown


JJC
Segment Benchmark
100.00%
100.00%

JJC Tenor Strategy

JJC invests solely in second-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.

JJC Rolling Strategy

JJC rolls contracts over an annually pre-determined 5 day period each month.

JJC Performance Statistics

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--
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0.00%