RJN
Elements Rogers International Commodity Index-Energy TR ETNRJN 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
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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Max
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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RJN Summary Data
RJN Portfolio Data
RJN Portfolio Management
RJN Tax Exposures
RJN Fund Structure
RJN Factset Analytics Block Liquidity
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
RJN SECTOR BREAKDOWN
RJN
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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