iPath Series B Bloomberg Energy Subindex Total Return ETN

Price: $41.39
Change: $0.93 (0.02%)
Category: Oil & Gas
Last Updated:


Brand iPath
Structure ETN
Expense Ratio 0.45%
ETF Home Page Home page
Inception Jan 17, 2018
Index Tracked Bloomberg Energy

Analyst Report

This ETN is one of the many exchange-traded options available for those looking to establish broad-based exposure to energy commodities, though the nuances of JJE make it appropriate only for a relatively small number of portfolios. The underlying index includes futures contracts on crude oil, heating oil, natural gas, and unleaded gasoline; investors seeking to focus on any one of these have ETPs at their disposal to do just that. It’s worth considering the exact breakdown between these commodities as well, as investors looking for a slightly different mix may need to use additional products. There are several noteworthy elements of this product. First, JJE is an ETN, meaning that investors are exposed to the credit risk of the issuer. Second, this ETN won’t generally correspond to changes in spot prices, as the underlying index is comprised of futures contracts (in many cases, the difference over extended periods of time can be significant). JJE is really only appropriate for those with a short holding period, as the impact of contango in futures markets can erode returns to a futures-based strategy over an extended period of time.

ETF Database Themes

Category Oil & Gas
Asset Class Commodity
Commodity Type Energy
Commodity Broad
Commodity Exposure Futures-Based

FactSet Classifications

Segment Commodities: Energy
Category Energy
Focus Broad Market
Niche Front Month
Strategy Multi-factor
Weighting Scheme Multi-Factor

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $39.69
  • 52 Week Hi $85.00
  • AUM $0.8 M
  • Shares 0.0 M

Historical Trading Data

  • 1 Month Avg. Volume 122
  • 3 Month Avg. Volume 115

Alternative ETFs in the ETF Database Oil & Gas Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest GAZ 0.45% $30.7 M 161,654 -58.47%
Largest (AUM) USO 0.81% $1.7 B 4 M -8.50%
Most Liquid (Volume) UNG 1.11% $1.0 B 23 M -57.59%
Top YTD Performer UGA 0.93% $69.3 M 23,645 -0.99%

Alternative ETFs in the FactSet Commodities: Energy Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest DBE 0.77% $76.7 M 43,709 -13.54%
Largest (AUM) DBE 0.77% $76.7 M 43,709 -13.54%
Most Liquid (Volume) DBE 0.77% $76.7 M 43,709 -13.54%
Top YTD Performer DBE 0.77% $76.7 M 43,709 -13.54%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

JJE ETF Database Category Average FactSet Segment Average
Number of Holdings 4 1 4
% of Assets in Top 10 100.00% 100.00% 100.01%
% of Assets in Top 15 100.00% 100.00% 100.01%
% of Assets in Top 50 100.00% 100.00% 100.01%

Size Comparison

JJE ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

JJE Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

JJE Dividend

This section compares the dividend yield of this ETF to its peers.

JJE ETF Database Category Average FactSet Segment Average
Dividend N/A $ 0.03 $ 0.09
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A $ 0.31 $ 0.09
Annual Dividend Yield N/A 0.84% 0.45%

JJE Price and Volume Charts

View charts featuring JJE price and volume data.

JJE Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: -3.36 M 3 Month Net Flows: -3.36 M 6 Month Net Flows: -4.33 M 1 Year Net Flows: -4.34 M 3 Year Net Flows: -6.78 M 5 Year Net Flows: -6.59 M 10 Year Net Flows: -6.53 M

JJE Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: -63.72 K
1 Month Net AUM Change: -3.49 M
3 Month Net AUM Change: -3.87 M
6 Month Net AUM Change: -6.59 M
1 Year Net AUM Change: -8.26 M
3 Year Net AUM Change: -1.14 M
5 Year Net AUM Change: -3.47 M
10 Year Net AUM Change: -3.2 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for JJE 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 ETF Database Pro members, shows the ETF in the Oil & Gas 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 ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity C USO
Expenses A USO

A+ Overall Rated ETF:

JJE Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions No distributions
Distributes K1 No
ESG Themes and Scores

JJE does not have an ESG score. There are no ESG themes that map to this ETF.

JJE Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

JJE ETF Database
Category Average
Factset Segment
1 Month Return -4.63% -4.48% -2.36%
3 Month Return -14.11% -12.82% -7.92%
YTD Return -23.92% -20.13% -12.49%
1 Year Return -47.77% -39.70% -26.44%
3 Year Return 19.69% 23.81% 16.87%
5 Year Return N/A -0.08% 1.43%

Geographic Exposure

The following charts reflect the geographic spread of JJE's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of JJE's underlying holdings.

JJE Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 105.29%
20 Day Volatility 30.64%
50 Day Volatility 30.18%
200 Day Volatility 31.78%
Beta 0.71
Standard Deviation 11.09%
5 Day Volatility
9 of 12

20 Day Volatility
10 of 12

50 Day Volatility
11 of 12

200 Day Volatility
9 of 12

9 of 12

Standard Deviation
2 of 12


  • 20 Day MA $41.97
  • 60 Day MA $43.39
  • MACD 15 Period -0.65
  • MACD 100 Period -4.02
  • Williams % Range 10 Day 61.10
  • Williams % Range 20 Day 61.10
  • RSI 10 Day 46
  • RSI 20 Day 45
  • RSI 30 Day 44
  • Ultimate Oscillator 43

Bollinger Bands

  • Lower Bollinger (10 Day) $39.67
  • Upper Bollinger (10 Day) $44.26
  • Lower Bollinger (20 Day) $40.08
  • Upper Bollinger (20 Day) $43.86
  • Lower Bollinger (30 Day) $39.50
  • Upper Bollinger (30 Day) $45.03

Support & Resistance

  • Support Level 1 $41.39
  • Support Level 2 $41.39
  • Resistance Level 1 $41.39
  • Resistance Level 2 $41.39


  • Stochastic Oscillator %D (1 Day) 49.98
  • Stochastic Oscillator %D (5 Day) 29.64
  • Stochastic Oscillator %K (1 Day) 49.88
  • Stochastic Oscillator %K (5 Day) 29.53


  • Tracking Difference Median (%) -0.63
  • Tracking Difference Max Upside (%) -0.30
  • Tracking Difference Max Downside (%) -1.02
  • Median Premium Discount (%) 0.19
  • Maximum Premium Discount (%) 10.75
  • Average Spread (%) 32.98
  • Average Spread ($) 32.98

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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