RJA
Elements Rogers International Commodity Index-Agriculture Total Return ETN

Price: $8.11
Change: $0.0 (0.0%)
Last Updated:

Vitals

Brand ELEMENTS
Structure ETN
Expense Ratio 0.75%
ETF Home Page Home page
Inception Oct 17, 2007

Analyst Report

This ETN offers exposure to agricultural commodities, seeking to replicate a well-known commodity benchmark. Given this relatively narrow focus, RJA probably doesn’t have much use for those building a long-term buy-and-hold portfolio; it will be better suited to those looking to implement a shorter-term tactical tilt towards agricultural commodities. RJA is just one of many options out there for exposure to agriculture, and the low volume and occasionally wide spreads may be cause for concern. RJA can be an effective tool for gaining exposure to agricultural commodities, but DBA offers better liquidity while UAG is cheaper. It should be noted that this product is an ETN, meaning that unlike ETFs (such as DBA) it will expose investors to the credit risk of the issuing institution but will avoid issued related to tracking error (which can be material in the commodity space). Moreover, the tax treatment across commodity ETFs and ETNs may be unique. And it is critical to note that the underlying index consists to futures contracts; as such, RJA won’t necessarily offer exposure to spot agriculture prices.

ETF Database Themes

Asset Class Commodity
Commodity Type Agriculture
Commodity Broad
Commodity Exposure Futures-Based

FactSet Classifications

  • Segment Commodities: Agriculture
  • Category Agriculture
  • Focus Broad Market
  • Niche Front Month
  • Strategy Fundamental
  • Weighting Scheme Proprietary

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $5.65
  • 52 Week Hi $8.22
  • AUM $130.6 M
  • Shares 16.3 M

Historical Trading Data

  • 1 Month Avg. Volume 94,918
  • 3 Month Avg. Volume 90,667

Alternative ETFs in the ETF Database Agricultural Commodities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest TAGS 0.21% $8.4 M 4,206 23.44%
Largest (AUM) DBA 0.94% $924.8 M 826,761 18.77%
Most Liquid (Volume) DBA 0.94% $924.8 M 826,761 18.77%
Top YTD Performer JO 0.45% $116.2 M 91,989 48.78%

Alternative ETFs in the FactSet Commodities: Agriculture Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest TAGS 0.21% $8.4 M 4,206 23.44%
Largest (AUM) DBA 0.94% $924.8 M 826,761 18.77%
Most Liquid (Volume) DBA 0.94% $924.8 M 826,761 18.77%
Top YTD Performer TAGS 0.21% $8.4 M 4,206 23.44%

Top 15 Holdings

Concentration Analysis

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

Holdings Comparison

RJA ETF Database Category Average FactSet Segment Average
Number of Holdings 19 3 10
% of Assets in Top 10 82.53% 98.75% 95.63%
% of Assets in Top 15 94.23% 99.43% 98.55%
% of Assets in Top 50 99.24% 99.73% 99.81%

Size Comparison

RJA 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

RJA Valuation

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

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

RJA Dividend

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

RJA ETF Database Category Average FactSet Segment Average
Dividend N/A $ 0.02 $ 0.06
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

RJA Price and Volume Chart

RJA Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: 405.5 K 1 Month Net Flows: 9.9 K 3 Month Net Flows: -4.23 M 6 Month Net Flows: 8.58 M 1 Year Net Flows: 7.48 M 3 Year Net Flows: -5.82 M 5 Year Net Flows: -5.82 M 10 Year Net Flows: -125.21 M

RJA 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 RJA 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.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A DBA
Expenses B TAGS
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

RJA Expenses & Fees

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

Expenses Ratio Analysis

RJA
Expense Ratio
0.75%
ETF Database Category Average
Expense Ratio
0.89%
FactSet Segment Average
Expense Ratio
0.59%

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

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

RJA Performance

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

RJA ETF Database
Category Average
Factset Segment
Average
1 Month Return 5.87% 3.98% 3.84%
3 Month Return 6.99% 6.31% 3.96%
YTD Return 23.25% 23.89% 21.01%
1 Year Return 41.04% 38.15% 36.79%
3 Year Return 36.99% 15.90% 18.27%
5 Year Return 26.92% 1.09% 5.24%

Geographic Exposure

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

Holdings Analysis

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

RJA Technicals

Volatility Analysis

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

5 Day Volatility
17.73%
Rank
16 of 17

20 Day Volatility
12.50%
Rank
13 of 17

50 Day Volatility
14.39%
Rank
13 of 17

200 Day Volatility
17.70%
Rank
15 of 17

Beta
0.28
Rank
6 of 17

Standard Deviation
0.72%
Rank
15 of 17

Technicals

  • 20 Day MA $7.99
  • 60 Day MA $7.85
  • MACD 15 Period 0.06
  • MACD 100 Period 0.35
  • Williams % Range 10 Day 33.33
  • Williams % Range 20 Day 18.03
  • RSI 10 Day 60
  • RSI 20 Day 58
  • RSI 30 Day 57
  • Ultimate Oscillator 54

Bollinger Bands

  • Lower Bollinger (10 Day) $7.96
  • Upper Bollinger (10 Day) $8.20
  • Lower Bollinger (20 Day) $7.70
  • Upper Bollinger (20 Day) $8.26
  • Lower Bollinger (30 Day) $7.54
  • Upper Bollinger (30 Day) $8.24

Support & Resistance

  • Support Level 1 $8.07
  • Support Level 2 $8.03
  • Resistance Level 1 $8.13
  • Resistance Level 2 $8.15

Stochastic

  • Stochastic Oscillator %D (1 Day) 69.13
  • Stochastic Oscillator %D (5 Day) 64.93
  • Stochastic Oscillator %K (1 Day) 55.87
  • Stochastic Oscillator %K (5 Day) 55.53

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

A fact sheet is not available for this ETF. Please visit the RJA ETF home page for more information.

Data Lineage

ETF Trends and ETF Database , the preeminent digital platforms for ETF news, research, tools, video, webcasts, native content channels, and more. The ETF Trends and ETF Database brands have been trusted amongst advisors, institutional investors, and individual investors for a combined 25 years. The firms are uniquely positioned to aid advisor’s education, adoption, and usage of ETFs, as well as the asset management community’s transition from traditionally analog to digital interactions with the advisor community.

Our team at ETF Database is committed to making our website the premier source of information on ETF investing with the world’s highest quality ETF tools, content, and resources.

Have Questions? Contact Us.

Powered By:

FactSet
Barchart

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.

Disclosures

Copyright © 2021 FactSet Research Systems Inc. All rights reserved.

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.
© 2021 Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use, please see disclaimer.