RJI

Elements Rogers International Commodity Index-Total Return ETN
*Unless otherwise stated, data provided by FactSet.

RJI Fund Description

RJI tracks a consumption-based index of commodities chosen by the RICI committee. It gains exposure using front-month futures contracts.

RJI Factset Analytics Insight

RJI represents the value of a basket of commodities consumed in the global economy, tracked via 37 futures contracts on commodities from all sector. Its underlying index, the Rogers International Commodity Index (RICI), offers exposure to more commodities than its benchmark — evident by its small amount of exposure to commodities like milk, rapeseed and orange juice. The index strictly uses front-month contracts for exposure, which allows reactivity to changes in spot, but are also most affected by the forces of contango/backwardation. Individual components in the index are selected on the basis of volume and liquidity data as monitored and considered by the RICI committee. Weighting is based on their respective underlying worldwide consumption, rather than production. Structured as an ETN, RJI avoids K-1 distributions but carries the counterparty risk of its issuer.

PERFORMANCE [as of 07/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RJI 2.75% 8.36% 28.28% 50.50% 5.09% 5.28% -4.13%
RJI (NAV) 2.58% 8.72% 28.48% 51.07% 5.15% 5.28% -4.10%
S&P GSCI 1.39% 9.41% 31.34% 50.72% -1.05% 3.21% -6.92%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RJI Summary Data

ELEMENTS
10/17/07
Exchange-Traded Note
0.75%
$144.09M
$403.59K
0.26%
GSG, GSP

RJI Portfolio Data

Futures
Front Month
Monthly
--

RJI Index Data

Proprietary
Committee
S&P GSCI

RJI Portfolio Management

0.75%
--
--
--

RJI Tax Exposures

20.00% / 39.60%
--
No

RJI Fund Structure

Exchange-Traded Note
No
N/A
Swedish Export Credit Corp - SEK
Low
Medium
None

RJI Factset Analytics Block Liquidity

As of 07/27/21
5
4
3
2
1

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

RJI Tradability

65,112
$403.59K
46,408
$291.02K
0.26%
$0.02
0.00%
0.70% / -0.92%
None
100.00%
500,000
0.09
0.00%
--
462
$6.39
5

RJI Sector Breakdown


RJI
Segment Benchmark
40.90%
21.03%
24.36%
55.99%
16.67%
9.57%
14.23%
5.23%
3.85%
8.19%

RJI Tenor Strategy

RJI 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.

RJI Rolling Strategy

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

RJI Performance Statistics

0.93
0.80
0.72
0.67
0.00%