JJE
iPath Series B Bloomberg Energy Subindex Total Return ETN

Price: $47.39
Change: $0.41 (-0.01%)
Category: Oil & Gas
Last Updated:

Vitals

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

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 $24.75
  • 52 Week Hi $49.15
  • AUM $4.5 M
  • Shares 0.1 M

Historical Trading Data

  • 1 Month Avg. Volume 243
  • 3 Month Avg. Volume 3,203

Alternative ETFs in the ETF Database Oil & Gas Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest GAZ 0.45% $15.1 M 18,470 92.01%
Largest (AUM) USO 0.79% $2.9 B 5 M 73.92%
Most Liquid (Volume) UNG 1.28% $474.6 M 7 M 97.39%
Top YTD Performer UNG 1.28% $474.6 M 7 M 97.39%

Alternative ETFs in the FactSet Commodities: Energy Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest RJN 0.75% $4.7 M 10,947 80.06%
Largest (AUM) DBE 0.78% $149.7 M 130,908 70.39%
Most Liquid (Volume) DBE 0.78% $149.7 M 130,908 70.39%
Top YTD Performer RJN 0.75% $4.7 M 10,947 80.06%

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 2 6
% 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%

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.

JJE
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
N/A
FactSet Segment Average
P/E Ratio
N/A

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 $ 0.46 $ 0.09
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A $ 0.66 N/A
Annual Dividend Yield N/A 1.02% N/A

JJE Price and Volume Chart

JJE Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: -4.81 K 1 Month Net Flows: 4.64 K 3 Month Net Flows: -6.96 M 6 Month Net Flows: -25.39 M 1 Year Net Flows: -3.96 M 3 Year Net Flows: -4.15 M 5 Year Net Flows: -3.6 M 10 Year Net Flows: -3.6 M

JJE Price vs Flows AUM Influence

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

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 B n/a
Expenses C+ n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

JJE Expenses & Fees

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

Expenses Ratio Analysis

JJE
Expense Ratio
0.45%
ETF Database Category Average
Expense Ratio
0.79%
FactSet Segment Average
Expense Ratio
0.66%

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.

JJE ETF Database
Category Average
Factset Segment
Average
1 Month Return 9.77% 9.65% 9.38%
3 Month Return 21.68% 21.25% 20.87%
YTD Return 80.37% 79.12% 76.94%
1 Year Return 74.85% 89.86% 90.66%
3 Year Return N/A -0.84% -1.21%
5 Year Return N/A 18.73% 19.63%

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
27.04%
Rank
8 of 13

20 Day Volatility
36.50%
Rank
5 of 13

50 Day Volatility
31.69%
Rank
5 of 13

200 Day Volatility
27.23%
Rank
7 of 13

Beta
1.08
Rank
10 of 13

Standard Deviation
6.14%
Rank
4 of 13

Technicals

  • 20 Day MA $46.85
  • 60 Day MA $42.03
  • MACD 15 Period 0.02
  • MACD 100 Period 7.17
  • Williams % Range 10 Day 43.79
  • Williams % Range 20 Day 32.95
  • RSI 10 Day 57
  • RSI 20 Day 60
  • RSI 30 Day 61
  • Ultimate Oscillator 56

Bollinger Bands

  • Lower Bollinger (10 Day) $46.47
  • Upper Bollinger (10 Day) $48.32
  • Lower Bollinger (20 Day) $44.50
  • Upper Bollinger (20 Day) $49.18
  • Lower Bollinger (30 Day) $40.80
  • Upper Bollinger (30 Day) $50.00

Support & Resistance

  • Support Level 1 $47.39
  • Support Level 2 $47.39
  • Resistance Level 1 $47.39
  • Resistance Level 2 $47.39

Stochastic

  • Stochastic Oscillator %D (1 Day) 48.23
  • Stochastic Oscillator %D (5 Day) 55.26
  • Stochastic Oscillator %K (1 Day) 47.68
  • Stochastic Oscillator %K (5 Day) 56.99

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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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

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Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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