RJN

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

RJN Fund Description

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

RJN Factset Analytics Insight

RJN provides exposure to six commodities in the energy space via front-month futures contracts. It weights its commodities by consumption, rather than production, so it looks like our benchmark with a few twists. For one, RJN underweights gas oil, instead overweighting natural gas. Liquidity is an issue here, as the ETN trades only around $400K on most days at very wide bid-ask spreads. Despite this, RJN has some following, with about $20M in assets. The ETN is a solid offering for those that are looking for short-term price movements—just be mindful of the entry and exit costs.

RJN 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 08/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RJN -2.95% -13.01% 10.85% -13.05% 2.53% -16.59% -7.88%
RJN (NAV) -2.15% -13.06% 11.43% -12.78% 2.30% -16.60% -7.84%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RJN Summary Data

ELEMENTS
10/17/07
Exchange-Traded Note
0.75%
$8.06M
$29.09K
0.84%

RJN Portfolio Data

Futures
Front Month
Monthly
0

RJN Index Data

Proprietary
Committee
N/A

RJN Portfolio Management

0.75%
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RJN Tax Exposures

20.00% / 39.60%
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No

RJN Fund Structure

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

RJN Factset Analytics Block Liquidity

As of 08/23/19
5
4
3
2
1

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

RJN Tradability

8,051
$29.09K
1,084
$5.25K
0.84%
$0.02
0.00%
2.73% / -5.07%
None
100.00%
500,000
0.00
0.00%
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0
$2.73
5

RJN SECTOR BREAKDOWN


RJN
Segment Benchmark
100.00%
100.00%

RJN Tenor Strategy

RJN 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.

RJN Rolling Strategy

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

RJN Performance Statistics

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1.01
1.04
0.00%