JJM

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

JJM Fund Description

JJM tracks an index of futures contracts on four different industrial metals, with varying contract lengths.

JJM Factset Analytics Insight

JJM tracks an index of four contracts in the industrial metals space: aluminum, nickel, zinc, and copper. These contracts are weighted by a combination of liquidity and production, with a 33% cap per contract. Contract maturities range from one to three months, depending on the commodity, according to a fixed schedule. Noticeably, JJM excludes exposure to lead (unlike our benchmark), but that is not too surprising considering the exclusion of lead is common in the industrial metals space. As an ETN, JJM does not issue a K-1 form at tax time, though investors must accept the counterparty risk of issuer Barclays. JJM 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 JJMB until November 16, 2018.

JJM 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
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Select ETFs to compare their performance:
PERFORMANCE [as of 11/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
JJM -0.70% 3.77% 8.04% 4.00% -- -- --
JJM (NAV) -0.65% 3.79% 8.06% 3.73% -- -- --
Bloomberg Industrial Metals Subindex -0.61% 3.91% 8.48% 4.20% 3.55% -1.60% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

JJM Summary Data

iPath
01/17/18
Exchange-Traded Note
0.45%
$4.92M
$14.22K
0.94%

JJM Portfolio Data

Futures
Extended Term
N/A
0

JJM Index Data

Bloomberg Industrial Metals Subindex
Multi-Factor
Fixed
N/A

JJM Portfolio Management

0.45%
-0.42%
-0.01%
-0.48%

JJM Tax Exposures

20.00% / 39.60%
--
No

JJM Fund Structure

Exchange-Traded Note
No
N/A
Barclays Bank PLC
Low
High
None
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

JJM Factset Analytics Block Liquidity

As of 11/12/19
5
4
3
2
1

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

JJM Tradability

290
$14.22K
113
$6.96K
0.94%
$0.43
-0.04%
1.53% / -1.84%
None
100.00%
50,000
0.00
0.00%
--
0
$44.47
5

JJM Sector Breakdown


JJM
Segment Benchmark
100.00%
100.00%

JJM Tenor Strategy

N/A

JJM Rolling Strategy

N/A

JJM Performance Statistics

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--
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0.00%