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This ETN gives investors futures-based exposure to the price of corn, wheat, soybeans, and soybean-oil, a specific basket of commodities that often receive minimal weightings in broad-based agricultural or commodity products. As such, JJG can be a useful tool for achieving a very specific type of exposure, and may perform well in environments where food prices face upward pressure. This product is probably way too targeted for those building a long-term, buy-and-hold portfolio; JJG is most useful as a means of establishing a shorter-term tactical tilt towards a specific corner of the commodity market. There are a couple noteworthy attributes of this JJG: as an ETN, this product is a debt instrument that exposes investors to credit risk of the issuing institution but generally avoids tracking error. Moreover, the ETN structure may result in unique tax consequences. Additionally, it should be noted that the underlying index consists of futures contracts, meaning that JJG won’t necessarily track the performance of spot grains prices. The slope of the futures curve can have a potentially big impact on returns, depending on the environment and market prices. GRU also offers exposure to grains commodities, but this iPath is a better choice; investors will enjoy superior liquidity and transparency, both of which are sorely lacking from the competing ETN. Those looking for more broadly-based exposure may prefer agriculture ETFs such as DBA (or AGF, an ETN) or the broad commodity ETPs such as DBC or DJCI.
| Segment | Commodities: Agriculture Grains |
| Category | Agriculture |
| Focus | Grains |
| Niche | Front Month |
| Strategy | Multi-factor |
| Weighting Scheme | Multi-Factor |
This section compares how balanced and deep this ETF is relative to its peers.
| JJG | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 3 | 3 | 4 |
| % of Assets in Top 10 | 100.00% | 98.88% | 98.72% |
| % of Assets in Top 15 | 100.00% | 99.49% | 98.72% |
| % of Assets in Top 50 | 100.00% | 99.76% | 98.72% |
| JJG | 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.
| JJG | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | N/A | $ 0.01 | N/A |
| Dividend Date | N/A | N/A | N/A |
| Annual Dividend Rate | N/A | N/A | N/A |
| Annual Dividend Yield | N/A | N/A | N/A |
View charts featuring JJG price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: -16.77 M 3 Month Net Flows: -16.77 M 6 Month Net Flows: 4.03 M 1 Year Net Flows: 16.17 M 3 Year Net Flows: 7.74 M 5 Year Net Flows: 20.83 M 10 Year Net Flows: 20.83 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: 1.55 MThe adjacent table gives investors an individual Realtime Rating for JJG 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 Agricultural Commodities 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 |
JJG 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.
| JJG |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 1.72% | 4.20% | 3.89% |
| 3 Month Return | -19.97% | -10.88% | -17.85% |
| YTD Return | 8.67% | 5.85% | 9.52% |
| 1 Year Return | 9.26% | 8.37% | 9.92% |
| 3 Year Return | 68.30% | 55.04% | 80.41% |
| 5 Year Return | N/A | 16.08% | 33.18% |
The following charts reflect the geographic spread of JJG's underlying holdings.
The following charts reflect the allocation of JJG's underlying holdings.
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 192.48% |
| 20 Day Volatility | 30.02% |
| 50 Day Volatility | 37.53% |
| 200 Day Volatility | 32.27% |
| Beta | 0.03 |
| Standard Deviation | 10.31% |
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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