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This ETN seeks to replicate an index which is comprised of a single exchange traded futures contract, except during the roll period when the index may be comprised of two futures contracts. Unlike many commodity indices which roll their exposure to the corresponding futures contract on a monthly basis in accordance with a pre-determined roll schedule, the Index may roll into one of a number of futures contracts with varying expiration dates, as selected using the Barclays Capital Pure Beta Series 2 Methodology. This particular ETN focuses on nickel, an important industrial metal which has a number of applications in modern life. Nickel currently finds its way into currency, as well as nickel steel thanks to its anticorrosive properties.Due to this, as well as the fact that the metal is almost exclusively produced outside the U.S., the metal serves as a decent proxy for growth and as a quality hedge against further dollar debasement. Investors also have the option of investing in JJN which also looks purely at the Nickel market as well. However, this fund may be more prone to issues of contango than NINI and since they both cost the same, investors bullish on nickel should probably stick with this fund instead of its iPath counterpart.
The adjacent table gives investors an individual Realtime Rating for NINI 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 Metals 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.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 3 other ETFs in the Metals ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section compares the fund flows of this ETF to peers in the same ETFdb.com 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 NINI 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.com Category.
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