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.
| Segment | Commodities: Energy |
| Category | Energy |
| Focus | Broad Market |
| Niche | Front Month |
| Strategy | Multi-factor |
| Weighting Scheme | Multi-Factor |
This section compares how balanced and deep this ETF is relative to its peers.
| JJE | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 4 | 2 | 5 |
| % of Assets in Top 10 | 100.00% | 100.00% | 100.00% |
| % of Assets in Top 15 | 100.00% | 100.00% | 100.00% |
| % of Assets in Top 50 | 100.00% | 100.00% | 100.00% |
| 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 |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| JJE | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | N/A | $ 0.47 | $ 0.09 |
| Dividend Date | N/A | N/A | N/A |
| Annual Dividend Rate | N/A | $ 1.06 | N/A |
| Annual Dividend Yield | N/A | 1.87% | N/A |
View charts featuring JJE price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: 635.04 K 3 Month Net Flows: 1.39 M 6 Month Net Flows: 1.4 M 1 Year Net Flows: -7.43 M 3 Year Net Flows: -2.64 M 5 Year Net Flows: -2.2 M 10 Year Net Flows: -2.2 MView charts that break down the influence that fund flows and price had on overall assets.
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.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | No distributions |
| Distributes K1 | No |
JJE does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peers.
| JJE |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 14.27% | 9.27% | 13.49% |
| 3 Month Return | 43.86% | 37.37% | 36.02% |
| YTD Return | 72.30% | 60.45% | 63.25% |
| 1 Year Return | 102.05% | 90.54% | 91.93% |
| 3 Year Return | 40.28% | 48.95% | 52.79% |
| 5 Year Return | N/A | 72.35% | 69.82% |
The following charts reflect the geographic spread of JJE's underlying holdings.
The following charts reflect the allocation of JJE's underlying holdings.
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 182.92% |
| 20 Day Volatility | 55.86% |
| 50 Day Volatility | 62.18% |
| 200 Day Volatility | 47.50% |
| Beta | 0.95 |
| Standard Deviation | 9.42% |
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 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.
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