JJP
iPath Series B Bloomberg Precious Metals Subindex Total Return ETN

Price: $61.44
Change: $0.19 (-0.0%)
Category: Precious Metals
Last Updated:

Vitals

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

Analyst Report

This particular ETN focuses in on precious metals including gold and silver. As such it can provide investors direct exposure to an inflation hedge, potentially appreciating as the U.S. dollar weakens and and slumping when price increases slow down. As a result, the fund could see broad appeal from investors looking to establish a hedge in their portfolios. With that being said, there are a number of options in the precious metals space that are far less expensive and do not have the credit risk of an ETN either. Many investors would be better served by taking a closer look at these funds instead of this illlquid ETN. Furthermore, the name is kind of a misnomer as one would expect platinum and palladium to be included as well in a ‘precious metals’ fund. Instead investors just two futures contracts that they could easily obtain physical exposure to via the likes of SLV or IAU at a far cheaper cost.

ETF Database Themes

Category Precious Metals
Asset Class Commodity
Commodity Type Precious Metals
Commodity Broad
Commodity Exposure Futures-Based

FactSet Classifications

  • Segment Commodities: Precious Metals
  • Category Precious Metals
  • 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 $59.81
  • 52 Week Hi $70.37
  • AUM $6.3 M
  • Shares 0.1 M

Historical Trading Data

  • 1 Month Avg. Volume 182
  • 3 Month Avg. Volume 159

Alternative ETFs in the ETF Database Precious Metals Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest GBUG 0.00% $39.9 M 758 -7.82%
Largest (AUM) GLD 0.40% $56.7 B 7 M -7.36%
Most Liquid (Volume) SLV 0.50% $12.5 B 26 M -15.79%
Top YTD Performer BAR 0.17% $884.2 M 619,448 -7.09%

Alternative ETFs in the FactSet Commodities: Precious Metals Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest GLTR 0.60% $958.0 M 44,336 -12.87%
Largest (AUM) GLTR 0.60% $958.0 M 44,336 -12.87%
Most Liquid (Volume) GLTR 0.60% $958.0 M 44,336 -12.87%
Top YTD Performer DBP 0.78% $114.9 M 8,206 -10.36%

Top 15 Holdings

Concentration Analysis

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

Holdings Comparison

JJP ETF Database Category Average FactSet Segment Average
Number of Holdings 2 1 4
% of Assets in Top 10 100.00% 85.19% 100.00%
% of Assets in Top 15 100.00% 85.19% 100.00%
% of Assets in Top 50 100.00% 85.19% 100.00%

Size Comparison

JJP 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

JJP Valuation

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

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

JJP Dividend

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

JJP ETF Database Category Average FactSet Segment Average
Dividend N/A $ 0.24 $ 0.18
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A $ 0.18 N/A
Annual Dividend Yield N/A 0.36% N/A

JJP Price and Volume Charts

View charts featuring JJP price and volume data.

JJP Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 501.3 3 Month Net Flows: 63.9 K 6 Month Net Flows: 121.33 K 1 Year Net Flows: 218 K 3 Year Net Flows: 241.48 K 5 Year Net Flows: 1.17 M 10 Year Net Flows: 1.17 M

JJP Price vs Flows AUM Influence Charts

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 JJP 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 Precious 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 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+ n/a
Expenses C+ n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

JJP Expenses & Fees

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

Expenses Ratio Analysis

JJP
Expense Ratio
0.45%
ETF Database Category Average
Expense Ratio
0.44%
FactSet Segment Average
Expense Ratio
0.61%

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

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

JJP Performance

This section shows how this ETF has performed relative to its peers.

JJP ETF Database
Category Average
Factset Segment
Average
1 Month Return -2.58% -4.56% -3.36%
3 Month Return -3.91% -5.49% -5.18%
YTD Return -9.92% -10.33% -11.05%
1 Year Return -5.18% -6.42% -6.38%
3 Year Return 38.03% 27.59% 40.68%
5 Year Return N/A 19.02% 27.15%

Geographic Exposure

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

Holdings Analysis

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

JJP Technicals

Volatility Analysis

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

5 Day Volatility
44.47%
Rank
21 of 27

20 Day Volatility
13.99%
Rank
12 of 27

50 Day Volatility
13.87%
Rank
12 of 27

200 Day Volatility
14.44%
Rank
11 of 27

Beta
0.22
Rank
12 of 27

Standard Deviation
2.18%
Rank
8 of 23

Technicals

  • 20 Day MA $63.89
  • 60 Day MA $62.72
  • MACD 15 Period -2.39
  • MACD 100 Period -1.66
  • Williams % Range 10 Day 100.00
  • Williams % Range 20 Day 100.00
  • RSI 10 Day 27
  • RSI 20 Day 39
  • RSI 30 Day 43
  • Ultimate Oscillator 18

Bollinger Bands

  • Lower Bollinger (10 Day) $60.27
  • Upper Bollinger (10 Day) $65.58
  • Lower Bollinger (20 Day) $60.89
  • Upper Bollinger (20 Day) $66.89
  • Lower Bollinger (30 Day) $61.01
  • Upper Bollinger (30 Day) $66.24

Support & Resistance

  • Support Level 1 $61.44
  • Support Level 2 $61.44
  • Resistance Level 1 $61.44
  • Resistance Level 2 $61.44

Stochastic

  • Stochastic Oscillator %D (1 Day) 44.66
  • Stochastic Oscillator %D (5 Day) 2.02
  • Stochastic Oscillator %K (1 Day) 42.43
  • Stochastic Oscillator %K (5 Day) 7.44

Tradability

  • Tracking Difference Median (%) -0.50
  • Tracking Difference Max Upside (%) -0.24
  • Tracking Difference Max Downside (%) -0.58
  • Median Premium Discount (%) 0.04
  • Maximum Premium Discount (%) 1.33
  • Average Spread (%) 47.37
  • Average Spread ($) 47.37

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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