This product offers inverse exposure to Japanese government bonds, making JGBS a tactical tool for those looking to place a bet against debt of one of the world's largest economies. Japanese bonds have historically maintained some safe haven appeal; as such, turmoil could send this asset class higher and this ETN lower. Given the inverse exposure offered, JGBS probably isn't appropriate for use within a long-term, buy-and-hold portfolio; it is designed with sophisticated, tactical traders in mind. Several elements of this product are noteworthy. First, JGBS is an ETN, meaning that investors take on some credit risk but will be able to avoid tracking error (and may realize some tax efficiencies as well). Second, it is important to keep in mind that the related index is comprised not of bonds but of futures contracts; this nuance can have a significant impact on the returns realized. Finally, note that this ETN seeks to achieve its objectives over the course of a month; the effective leverage offered can change depending on when investors are purchasing and the recent behavior of markets. JGBS probably isn't of much use to most investors, but can be very handy for those with very specific investment objectives. Be sure to understand the nuances of this product before purchasing; JGBS is a bit complex.
The adjacent table gives investors an individual Realtime Rating for JGBS on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Inverse Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This ETF is not currently available for commission free trading on any platforms.
There are 0 other ETFs in the Inverse Bonds ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of JGBS relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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